EVCA welcomes the Principles for Responsible Investment Initiative
22 July 2009
The principles were established to help investors achieve better long-term investment returns and sustainable markets through the exercise of responsible ownership practices.
EVCA welcomes the latest guidance from the PRI as a means of promoting best practice and disseminating the highest standards of investor due diligence that have long been established with in EVCA’s industry codes.
“The model of governance and committed ownership practices employed by private equity and venture capital investors are distinguishing features of the asset class. WE therefore welcome these reports from PRI, which include real-life case studies of our industry’s observance of responsible investment, particularly regarding environmental, social and governance matters.”
© EVCA - The European Private Equity & Venture Capital Association
