Aavishkaar Capital is proud to announce that it has become a signatory of the United Nations (UN) supported Principles for Responsible Investment, the leading international network of institutional investors committed to including environmental, social and governance (ESG) factors in their investment decision making.

By adding its name to the other 1,250+ signatories who have agreed to put into practice six principles for responsible investing, Aavishkaar Capital has formally endorsed an investment framework that aligns with its own ethos and values. The signatories of the PRI, as the network is known, collectively have ~USD 45 trillion in assets under management.

The PRI was formed in 2005 when then-UN Secretary General Kofi Annan asked a group of the world’s largest institutional investors to help draft the Principles for Responsible Investment. The 20 people in the investor group — drawn from institutions in 12 countries — were supported by an additional 70 investment, governmental, social and environmental experts and the PRI was launched in April 2006 at the New York Stock Exchange.

The Principles for Responsible Investments, voluntary and aspirational, aim to further understanding the implications of sustainable investing and support signatories to incorporate ESG issues into their decision making and ownership practices.

The six key principles are:

• We will incorporate ESG issues into investment analysis and decision-making processes.
• We will be active owners and incorporate ESG issues into our ownership policies and practices.
• We will seek appropriate disclosure on ESG issues by the entities in which we invest.
• We will promote acceptance and implementation of the principles within the investment industry.
• We will work together to enhance our effectiveness in implementing the principles.
• We will each report on our activities and progress towards implementing the principles.

You can find out more about PRI here