Stockholm (NordSIP) – Global Evolution, the Danish Kolding-based emerging and frontier markets boutique investment manager, has been awarded the UN PRI’s highest score, achieving an ‘A+’ rating for its commitment and approach to sustainable investment.
Global Evolution achieved a score of 29 out of 30 possible PRI points across ten indicators for the company’s SRI integration strategy and its corporate governance. The objective of the PRI is to create better benchmarks to understand the implications of sustainability for investors and to support its signatories to incorporate the issues held across its Six Principles of Responsible Investment into their investment decision-making and ownership practices.
The Six Principles include Responsible Investing policy, Objective & Strategies, Governance & Human Resources, Promoting Responsible Investing, ESG Issues in Asset Allocation and Assurance of Responses. Global Evolution scored high marks across all these criteria as measured against other investment managers who are PRI signatories. The peer group for Global Evolution consisted of 681 investment managers worldwide in 2017, of which only 16% received A+ scores.
The PRI designation reflects the sustained vision driven at the company over a sustained period, however. As one of the most widely recognized experts and pioneers in the sustainable investment segment of the market, Global Evolution has an established track record based on its long history of innovative investment in emerging and frontier markets. Founded in 2007, its core portfolio management team has worked together for over a decade and benefits from two-plus decades of combined experience in emerging and frontier markets investment.
“Our high PRI score proves that our commitment to impact investing is working and that we are truly a leader in the space,” said Søren Rump, CEO and Co-founder of Global Evolution. “We believe that investor demand for ESG and impact investing will only increase, and Global Evolution is uniquely positioned to help clients achieve their sustainable growth goals.”
Global Evolution is committed in particular to impact investing, such as financing the debt that provides macroeconomic sustainability in developing countries and promoting productivity and raising infrastructure, such as electricity production, water, security, transport and school systems, which contributes to reducing poverty levels. These ESG factors are incorporated across the company’s investment process through a number of proprietary quantitative econometric models and ratings systems.
“A strong, integrated and active ESG approach has become a prerequisite for investment managers to operate in today’s market,” added Morten Bugge, CIO and Co-founder. “We have seen that sustainable investing is consistently linked to stronger returns and is a strategic priority for our firm.”
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