For the third year in a row, Candriam has been awarded A+ for its overall SRI approach. This, the top score, was awarded following its submission of a compulsory questionnaire that we had to complete as a signatory (since 2006) to the PRI.
"This score justly reflects our success in integrating ESG factors into our management processes, our overall ESG approach, our voting and engagement policies and our dedication to SRI in-house, vis-à-vis our clients and the community at large", says Isabelle Cabie, Global Head of Responsible Development, who completed the questionnaire.
The Principles for Responsible Investment (PRI) were defined by the Secretary General of the United Nations to help investors integrate environmental, social and governance (ESG) factors into their practical decision-making process, consequently enhancing beneficiaries’ long-term returns.
Signatory investors to the Principles for Responsible Investment undertake to:
A pioneer in SRI, Candriam was also one of the first European asset managers to sign the PRI charter in June 2006, since when a further 1548 financial institutions have signed up.