WATERLOO, ON, June 1 /CNW/ - Sarona Asset Management announced today that it has become a signatory to the United Nations Principles for Responsible Investment (UN-PRI) and joined the Investors Council of the Global Impact Investment Network (GIIN).
Both the UN-PRI and the GIIN are industry-leading organizations working to bring social and environmental standards to the investment industry. The UN-PRI, set in motion barely five years ago by the Secretary-General of the United Nations, now has over 750 signatories, each of which is committed to following ever more rigorous standards in caring for the environment, benefitting people, and governing their business with integrity and transparency. Sarona is eager to not only follow such standards, but also to promote their acceptance throughout the investment industry.
The Global Impact Investment Network, birthed by the Rockefeller Foundation and launched at the Clinton Global Initiative Annual Meeting in 2009, seeks to give both structure and story to the ever growing impact investment industry. Sarona is a natural fit for GIIN's 30-member Investors Council. While many investment firms are only recently discovering an ability to create a positive social and environmental impact with their capital, Sarona has been an impact investment firm since its inception almost 60 years ago.
Sarona Asset Management is based in Waterloo, ON, and is a co-founder and or manager of a number of impact investment funds, including the Sarona and MicroVest groups of funds. Together, these funds have over $180 million in assets under management in developing and emerging countries around the world.
SOURCE Sarona Asset Management Inc.
For further information: For further information: Gerhard Pries, President, Sarona Asset Management Inc, firstname.lastname@example.org, (519) 883-7557