BBVA Asset Management signs the Principles for Responsible Investment promoted by the United Nations.

ENPNewswire-September 16, 2021--BBVA Asset Management signs the Principles for Responsible Investment promoted by the United Nations

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Release date- 15092021 - BBVA Asset Management signed the Principles for Responsible Investment supported by the United Nations (known as UN PRI), intended to reflect reflecting the increasing relevance of environmental, social and corporate governance (ESG) issues to investment practices.

The signing of these principles by BBVA Asset Management is global, which is why BBVA's asset managers in Europe, Mexico, Colombia, Peru and Argentina have also committed to these principles.

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The employment pension plan offered by BBVA and GPP, the Group's workplace pension plan manager in Spain, became signatories of the UN PRI since 2008. As signatory of these principles, BBVA's asset manager now joins an international network of about 4,000 institutional investors that manage assets worth a combined total of $120 trillion. Also in 2019, BBVA signed the Principles for Responsible Banking, promoted by the United Nations Environment Programme Finance Initiative (UNEP FI).

With the signing of the UN PRIs, BBVA Asset Management committed to adopting the six principles of responsible investment: incorporating ESG issues into investment analysis and decision-making processes; being active owners and incorporating ESG issues into our ownership policies and practices (e.g., the exercising of voting rights during annual general meetings); seeking appropriate disclosure on ESG issues by the entities in which we invest; promoting acceptance and implementation of the Principles within the investment industry; working together to enhance our effectiveness in implementing the Principles; reporting on a regular basis on our activities and progress towards implementing the Principles.

These Principles sum up the commitment of a group of banking institutions and the United Nations to take on the climate emergency and sustainability challenges facing society today.

Paloma Piqueras, Global Director of BBVA Asset Management & Global Wealth: 'By signing the PRI we reinforce our commitment to integrating sustainability into our asset management business. Incorporating sustainable investment criteria into all our products and services is one of our strategic priorities. More than two years ago, we started working on a plan whose results we have already...

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