The Principals for Responsible Investing, specifically an international network of investors dedicated to conveying and seeing its six guidelines for environmentally ethical and responsible investing carrier out worldwide. The efforts of the organization are sanctioned by the United Nations. PRI has made it a practice to align itself with other responsible voices in the business world in suggesting needed improvements and benchmarks to reach in various industries to improve their overall impact on the environment. Recently the United Nations backed coalition had suggestions for the aviation industry in 2020.
Key Takeaways:
- Environmental-finance.com looks at the world of finance through the lens of environmental issues.
- For example companies that refuse business from entities dealing with non-renewab!e resources are big news at Environmental-finance.com.
- Two such companies are JP Morgan, which has ceased lending to coal companies, and Lloyds, which has taken a negative stance vis a vis attic exploration.
“The UN-backed Principles for Responsible Investment (PRI) has laid out investor expectations for the aviation sector in the transition to a low carbon economy.”