True North Becomes Signatory to UN-backed Principles for Responsible Investment
Toronto – September 24, 2021. True North Impact Investments, Inc. (True North) is proud to announce their recent acceptance as signatories of the Principles for Responsible Investment (PRI). A UN-supported initiative launched in 2005, the PRI is a global network of investment managers, service providers, and asset owners committed to incorporating Environmental, Social, and Governance (ESG) issues into their investment activities.
With over 4,300 signatories US$100 trillion assets under management, the PRI is a global leader in creating the foundations for investing responsibly and sustainably through its six principles. Through signing the PRI, True North commits to:
Incorporating ESG issues into investment analysis and decision-making processes
Actively incorporating ESG issues into ownership policies and practices
Seeking appropriate disclosure on ESG issues by the entities in which they invest
Promoting acceptance and implementation of the PRI principles within the investment industry
Working with the PRI Secretariat and other signatories to enhance their effectiveness in implementing the principles
Reporting on activities and progress towards implementing the PRI principles
Kai Chen, Partner and Fund Manager at True North, commented: “Our commitment to the UN PRI joins us with leading institutions around the world whom recognize that sustainability, along both environmental and social dimensions, will be the grand challenge of our time. We at True North are committed to a vision of the future in which sustainable investment products with market returns are not exceptional, but the norm, and in which the impact of sustainable investments are direct and measurable. We look forward to the innovations that will necessarily come as we and other signatories of the UN PRI directly tackle our grand challenge”.
To read more about the PRI, please visit https://www.unpri.org.
About True North Impact Investments
Founded in 2018, True North is a Toronto-based, globally-minded impact investing firm that focuses on early and growth stage companies seeking to have a positive impact on society and the planet. With over 50 years of experience as both investors and entrepreneurs, the leadership team at True North Impact is committed to identifying the best impact investments, and partnering with management teams to achieve strong financial results and lasting impact.
Contact:
+1 (647) 922-5228