Harbour Asset Management has achieved an A+ rating for its responsible investing practices.
The fund manager has been a signatory to the United Nations Principles for Responsible Investment initiative (UN PRI) since 2010 and has just been given the new rating. Less than 20% of respondents world-wide achieved the top rating.
The UN PRI was founded in 2005, and exists to promote sustainable and responsible investing. The A+ rating was achieved for Harbour's over-arching investment approach. The rating reflects the efforts of the Harbour team to incorporate Environmental, Social, and Governance (ESG) principles into the investment process.
Harbour applies its ESG methodology across all of the funds it manages.
"We believe that strong corporate behaviour leads to better investor outcomes over the long term," managing director Andrew Bascand says.
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