University scores "straight As" in 2019 Responsible Investment report
The University of Edinburgh received an overall score of A in an annual assessment by the UN-supported Principles for Responsible Investment, the world's leading proponent of responsible investment.
What is responsible investment?
Responsible investment is an approach to investing that aims to incorporate environmental, social and governance (ESG) factors into investment decisions, to better manage risk and generate sustainable, long-term returns. Examples of factors include climate change, working conditions in supply chains, and board diversity and structure.
In 2013, the University of Edinburgh became the first university in Europe to sign the UN Principles for Responsible Investment, an internationally-recognised initiative seeking to build a more sustainable financial system. Signatories commit to following six Principles for Responsible Investment and report annually to the PRI on their progress, who issue signatories with a scorecard and benchmarking against past performance, peer performance, and industry standards.
University of Edinburgh: 2019 scorecard
In the UNPRI's latest assessment of the University, the institution received its highest-ever score.
|Strategy & Governance||A+|
|Fixed Income - SSA||A|
|Fixed Income - Corporate Financial||A|
|Fixed Income - Corporate Non-Financial||A|
|Fixed Income - Securitised||A|
|Property - Indirect||A|
|Property - Direct & active ownership||A|
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Since the University became a signatory of the Principles for Responsible Investment in 2013 we have taken many positive steps to ensure our investments are a force for good: such as our commitment to transition out of fossil fuels investments by 2021; our £60m investment in sustainable and low carbon companies; and our zero-tolerance stance on modern slavery.
"This latest report from the PRI is confirmation that we're using our investments wisely; not just for the benefit of the University, but for the benefit of society as a whole.