Mercer has earned the highest PRI ranking for its responsible investment strategy.
The Principles of Responsible Investment (PRI), which is supported by the UN, is an independent global body dedicated to promoting responsible strategies for investors.
The PRI seeks to understand the investment implications of different environmental, social and governance (ESG) factors and to help investors incorporate these factors into investment and ownership decisions.
Most major investors are now signatories to the PRI’s principles of investment, which also requires them to report on their RI activities annually.
Mercer, which was one of the first signatories in 2006, has now secured an A+ and six As for its $360bn of assets under management in both public and private markets.
Mercer’s global chief investment officer Hooman Kaveh says: “The RI integration across our investment solutions has evolved with varying approaches and priorities by region, recognising the different client and regulatory expectations. The A+ rating for strategy and governance and A ratings for all six asset classes, should give all of our clients confidence in the consistently high standards we have set for all regions.”
He adds: “Earning this high rating from a globally recognised third party validates Mercer’s years of research and commitment to promoting best practices around RI as an adviser to more than $15tn of assets around the world.”
Mercer draws on its intellectual capital to implement advice and allocate institutional portfolios, helping clients take advantage of opportunities and stay ahead of regulatory and public policy decisions around responsible investment.
Mercer offers ‘whole of market’ solutions, working with a growing number of pension, insurance, endowment and financial intermediary clients across Europe, Asia, Canada and the US.
Its investment solutions platform implements clients’ tailored investment strategies across a range of managers that have been selected by an in-house, expert team. Through this framework, Mercer helps clients avoid the investment and reputational risks associated with poor environmental, social and governance (ESG) practices, while seeking opportunities that emerge from new trends and regulatory changes that are taking place around the world.