EFA added as a signatory to the UN’s Principles of Responsible Investment

News Team, 17/05/2021

EFA, an asset servicing company based in Luxembourg, has signed the United Nations-supported Principles for Responsible Investment.

The Principles for Responsible Investment (PRI) are recognised as a global framework for encouraging positive environmental, social and governance (ESG) practices in investment strategies.

Previously EFA has been rewarded the Gold level by the independent Ecovadis label since 2018. This allows asset managers with sustainable investment strategies to keep a high-level of ESG along all the value chain of their funds. This recent signature is hoped to inform EFA’s clients, partners and suppliers that it commits to make a positive impact in this world.

Noel Fessey, EFA CEO said, " We believe that what we do today – individually and collectively – shapes our world's future. We believe that we have a responsibility to help shape a better, sustainable future. With this signature, we declare that the EFA supports those in the fund industry who want to make a difference. "

Fiona Reynolds, PRI CEO, added:" Service providers such as EFA play a pivotal role in strengthening the integration of ESG across the investment chain. We’re very pleased to welcome EFA as a signatory to the PRI, and applaud their commitment to adhere to our principles in supporting institutional investor clients in Luxembourg and beyond. We look forward to working with the team.”

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