Global Infrastructure Partners (“GIP” or “the Firm”), a leading independent global infrastructure investor, announced today that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
Since GIP’s inception in 2006, ESG considerations have been at the core of its approach to ensuring that it invests in and operates its businesses in a safe and responsible manner. The Firm believes placing environmental, health & safety, labor, social, governance and business integrity concerns at the core of its processes as crucial to the delivery of strong returns for the Firm’s investors. Moreover, GIP’s monitoring of ESG performance across its portfolio companies also allows the Firm to share expertise and best practices.
Bayo Ogunlesi, Chairman and Managing Partner of GIP, commented: “While GIP has always been aligned with the Principles for Responsible Investment, we believe that formally embracing these principles as a signatory reinforces our long held belief that being best in class on ESG, climate change and diversity issues leads to better investment outcomes, while at the same time providing third party validation of our processes and performance.”
“We are delighted to welcome Global Infrastructure Partners as a PRI signatory”, said Fiona Reynolds, CEO of the PRI. “Their commitment demonstrates the growing awareness of the importance of ESG to the investment decision-making and management process.”