Shillong, Dec 20: ICICI Prudential Life Insurance has become the first Indian insurance company to sign the United Nations supported Principles for Responsible Investment (UNPRI), thereby demonstrating its commitment towards Environment, Social and Governance (ESG) issues.
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 sustainability framework is built on the 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 Rs 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 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.
