Lendlease Funds Management receives top marks from the world’s leading proponent of responsible investment
Lendlease Funds Management globally, representing circa AUD$33 billion funds under management*, which has received the highest sustainability grade for the third consecutive year in the annual United Nations Principles of Responsible Investment (PRI) Assessment.
- 22 Aug 2019
- by
- Lendlease Author Better Places
The Fund Management business received an A+ ranking in the Strategy and Governance module, as well as an A+ for our sector module in Property. This reaffirms Lendlease’s commitment to creating and operating the best places, as well as integrating environmental, social and governance criteria into the investment decision making process. This approach supports the continued pursuit of the key business imperatives:
- Sustainable economic growth
- Vibrant and resilient communities and cities
- Healthy planet and people
The Principles were launched in April 2006 at the New York Stock Exchange. Lendlease was one of the first property companies globally to join the PRI in 2007, back then there were only 63 signatories, representing USD $10 trillion dollars of Assets Under Management (AUM).
Today, there are more than 2370 signatories representing a staggering USD $86.3 trillion in AUM - demonstrating global growth in both sustainable investing and sustainability being both the right thing to do for business and community, as well as the smart thing to do. The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.
*As at April 2019, excludes Lendlease Retirement Living Portfolio and Americas First State Super Fund
