Phoenix Group signs UN-backed Principles of Responsible Investment

The long-term savings and retirement business said the move demonstrated its commitment to including environmental, social and governance (ESG) factors in "investment decision making and ownership". It added that Phoenix was the largest UK asset owner signatory in the country. The group pledged to sign up to the principles as part of its Sustainability Report published in March. The PRI is the world's leading proponent of responsible investment, the firm explained. It works to understand the investment implications ESG factors and to support its international network of investor si...