Tabula Investment Management has signed the United Nations-supported Principles for Responsible Investment (PRI) …
Michael John Lytle Tabula CEO
The six principles for responsible investment are a voluntary and aspirational set of investment principles that offer a menu of possible actions for incorporating environmental, social and corporate governance (ESG) issues into investment practice.
The principles were developed by an international group of institutional investors reflecting the increasing relevance of ESG issues to investment practices.
As part of its commitment to the PRI guidelines, Tabula has established a Corporate Responsibility Committee with membership including senior staff from across all parts of the business including the CEO, CFO and CIO.
Also, all Tabula employees have completed training on sustainability, and have participated in an internal survey to help shape the direction of future company initiatives.
“As an organisation, we are proud to be a signatory to the Principles for Responsible Investment. We don’t see this step as a choice but as a necessity and responsibility.” said Tabula CEO Michael John Lytle.
He adds: “Financial investors have an important role to play in influencing the way we manage our planet, from climate change to how we function as an interdependent society. As our business continues to grow, we want to ensure that sustainability and good governance are embedded in everything we do: how we manage investments, how we run our company and how we interact with the community.”
“By joining the PRI, Tabula has demonstrated that all financial instruments, including passive ones, can have an element of stewardship and responsible investment attached to them,” said PRI CEO Fiona Reynolds. “We are delighted that they have taken this step and look forward to working with them.”
Source : ETFWorld.co.uk