IMM Inbe, Joins UN Principles for Responsible Investment "Expanding Sustainable Management"

IMM Investment, a leading alternative investment management company in Korea, announced on the 1st that it has joined the UN Principles for Responsible Investment (PRI) to strengthen responsible investing.

IMM Investment officially signed and completed its membership with the UN PRI as of last month. This membership is part of its efforts to realize sustainable investment and ESG (Environmental, Social, and Governance) values.

The UN PRI is the world's largest responsible investment network, established in 2006 under the leadership of the United Nations to promote ESG investment among global institutional investors. To date, over 5,300 institutions have joined, managing assets totaling approximately $121 trillion (about 17,400 trillion KRW).

The UN PRI requires invested companies to meet high standards in various aspects such as environmental, social responsibility, and governance. It also promotes cooperation among member companies to practice sustainable investment.

IMM Investment has established ESG-related regulations several years ago to enhance the sustainability of its investment assets and has strictly applied them to portfolio companies throughout the investment and post-management processes.

In particular, in 2022, IMM Investment introduced the Stewardship Code and disclosed policies to fulfill its responsibilities as a fiduciary. This was to strengthen the trust of investors related to fund management. The Stewardship Code refers to the responsibility of institutional investors to actively participate in corporate decision-making, thereby enhancing the value of investee companies in the mid- to long-term and promoting the mid- to long-term interests of clients and beneficiaries. Additionally, IMM Investment has independently established an ESG committee and actively responds to related issues through dedicated organizations and working committees.

An IMM Investment representative stated, "This UN PRI membership reflects IMM Investment's strong commitment to fulfilling higher levels of responsibility and duty in sustainable investment than before," adding, "We will continue to consider various environmental and social aspects in our investment decisions."

This content was produced with the assistance of AI translation services.