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AP3 together with several other institutional investors engage with UN Global Compact participants

AP3 has together with a group of signatories to the UN Principles for Responsible Investment (PRI) written to the chief executive officers of 103 companies in more than 30 different countries to recognise front-runners in the integration of environmental, social and governance (ESG) issues, while pressing laggards to improve performance.

In a letter to CEOs, the investors – representing approximately US$2.13 trillion in assets – focus on adherence to the disclosure dimension of the UN Global Compact, known as the Communication on Progress. Depending on whether the company is a leader or a laggard in this regard, the jointly signed investor letter either welcomes particularly good practices, or challenges companies to achieve full participant status.

Read the press release >>