A growing focus for investors is the area of responsible investing and the consideration of ESG (Environmental, Social & Governance) factors in their investments. Irish Life was one of the first Irish signatories to the UN supported Principles for Responsible Investing (UNPRI). The PRI deﬁnes Responsible Investment as “an approach to investment that explicitly acknowledges the relevance to the investor of environmental, social and governance factors, and of the long-term health and stability of the market as a whole”. Since then we have been actively using our shareholding responsibly, advocating and encouraging better standards from the companies in which we invest and over the last few years have been embedding responsible investment practices across our business and across all of our investment teams.
Michael Hayes discussed Irish Life's ESG approach in this month's Irish Broker - read the article below.