Sydney, 26 October 2021 – Foresight Analytics signs UN-supported Principles for Responsible Investment
Foresight Analytics has become a signatory to the Principles for Responsible Investment supported by the UN (PRI). This move underscores the firm’s commitment to incorporate environmental, social and governance (ESG) considerations into its investment consulting, research and manager diligence services.
A United Nations-supported initiative launched in 2005, the principles represent a commitment on the part of asset owners, investment managers and financial professionals to incorporate ESG issues into financial analysis, the decision-making processes and ownership practices. In so doing, signatories contribute to the development of a more sustainable global financial system.
Jay Kumar, Founder and CEO of Foresight Analytics, commented: “We are privileged to be a signatory to these highly regarded Principles, focused on promoting responsible business and investment practices across the globe. Since the firm’s inception in 2015, a key focus of our investment analyses, diligence solutions, and portfolio design has been on isolating investment managers and opportunities that demonstrate authentic and a high level of commitment to sustainable investment practices.”
“Today, we provide specialist ESG services that include ESG data analytics, SDG impact reporting and ESG diligence services to a diverse range of clients. We are constantly challenging ourselves to unlearn and transform the way we think about and approach ESG investing. We aim to strengthen our ESG diligence and data ecosystems and use our signatory status and thought-leadership role to help improve the ESG policies and practices of our asset managers and asset owners. We will be formally reporting to the PRI institution on our ESG Services and internal practices on a regular basis.”
PRI CEO Fiona Reynolds said: “We are very pleased to welcome Foresight Analytics as a PRI signatory. Data, analysis and advice plays a critical role in responsible investing, and in joining PRI, Foresight Analytics is recognising the importance of ESG factors in its offering to investment managers and others. We look forward to working with the team.”
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About Foresight Analytics
Foresight Analytics, an independent Sydney based firm, provides investment diligence, data analytics, research and advisory solutions to leading investment management companies, superannuation funds and wealth groups across the Asia Pacific. Foresight’s innovative, evidence-based analytical approach blends both human and forensic insights to deliver unique perspectives to investors. Foresight Analytics was founded in 2015 by Jay Kumar, a former executive of Morningstar, Optimix Investment Management, ANZ Wealth & Private Bank and the Reserve Bank of Fiji.
Foresight’s fiduciary solutions includes Diligence Services (Investment, Operations, ESG Diligence, Risk Diligence), Data Analytics, Research and Portfolio Allocation Advice. Foresight’s fund strategy solutions include Data Analytics for asset managers, Fund Strategy Benchmarking Solutions and Strategic Research
The PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Launched in New York in 2006, the PRI has grown to more than 4,300 signatories, managing over US $121 trillion AUM.
Foresight Analytics – Thought Leadership and Advocacy
To know more about our thought leadership on ESG, feel free to browse the following: ·
- Assessing Carbon Resilience of Australian Equity Managers
- Strategies for Adopting Gender-Lens Investing
- How We Should be Thinking about Carbon Risks in Portfolios
- Learned lessons on ESG from the Boohoo Slavery Scandal