Through these two signatures Cassa Depositi e Prestiti Group further strengthens its commitment to the sustainability of the global financial system by encouraging the adoption ESG aspects into investment practices
Rome, 31 July 2024 – Cassa Depositi e Prestiti Group (CDP) announced its decision to join the United Nations-supported Principles for Responsible Investment (PRI) through the signatures of CDP Equity and CDP Real Asset SGR, following the same rule applied by the PRI to holdings and large and complex groups.
The PRI is recognized as the leading global network for investors who are committed to integrating environmental, social and governance (ESG) considerations into their investment practices and ownership policies.
The PRI's signatories are asset owners, investment managers and service providers who are focused on incorporating ESG factors into investment decisions and ownership. The CDP Group's activities will implement the principles in financial initiatives related to equity and real estate, encouraging the adoption ESG aspects into investment practices.
The decision to join the initiative supported by United Nations (UN) follows a process and commitment undertaken by CDP towards sustainable investing and represents a further recognition of the increasing cross-functional integration of the adoption of ESG criteria for the evaluation and monitoring of the Group’s financing and investment activities.
The PRI’s network of international investors works together to implement a set of voluntary principles that provide a framework for integrating ESG factors into investment analysis and ownership practices aligned with investors’ fiduciary duties.
David Atkin, CEO of the PRI, said: “We are delighted to welcome CDP Equity and CDP Real Asset SGR as signatories to the Principles for Responsible Investment. Creating opportunities to convene both asset owners and investment managers to collaborate on key ESG issues is key in achieving progress towards a sustainable global financial system. We look forward to working with CDP Equity and CDP Real Asset SGR in the future”.