ICICI Pru first insurer to sign UNPRI on ESG issues

ICICI Prudential Life Insurance has recently signed United Nations supported Principles for Responsible Investment (UNPRI) demonstrating its commitment towards Environment, Social and Governance (ESG) In its journey towards promoting sustainability, the Company is integrating ESG factors into its investment management framework. As a responsible corporate it has also adopted sustainability principles across its business activities.The company in a recent release said, the sustainability framework is built on three pillars of ESG which include leaving the planet a better place for the next generation, giving back to society and transparency in functioning.

With Assets under Management of over ?2.37 trillion, ICICI Prudential Life Insurance is a key institutional investor and believes integrating the ESG framework in its investment management practices will ensure sustainable value creation for all stakeholders, the release said adding, “The Company also engages with investee companies on ESG issues to ensure the business operates in a responsible and sustainable manner, benefitting the environment, society and investors.”

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