Our 2024 results are here
We're proud to announce that we've been independently assessed by the United Nations Principles for Responsible Investment (UN PRI) and have been awarded an outstanding 4-star rating across all assessment areas.
These high ratings show just how hard we've been working to embed Environmental, Social, and Governance (ESG) factors in our investment selection, management, and oversight across our in-house investment solutions – something we're extremely passionate about.
Here's our summary scorecard, where you can see we've scored above average for five out of six areas, and in line with average in one area.
What's the United Nations Principles for Responsible Investment?
The United Nations Principles for Responsible Investment (UN PRI) is the largest global organisation for responsible investments, developed to encourage greater consideration of ESG issues by investors. As a signatory to the principles, Parmenion has committed to consider ESG issues across our investment selection decisions.
Signing up to the UN PRI is voluntary and involves us dedicating meaningful time and resource to report on our ESG activity on an ongoing basis, as well as paying a fee for our membership. We signed up in 2022 – the 10th anniversary of our ethical investment solutions – to show our dedication to ESG investing and improve our accountability and transparency in this area.
The reporting process provides us with a valuable independent assessment of how we’re doing and gives us feedback for areas we can continue to improve over time.
If you'd like to know about the principles click here.
What does this mean for your clients?
UN PRI assessments were developed with investors, for investors.
Being awarded these ratings gives you, and your clients, confidence that we're considering ESG issues in depth across our in-house investment solutions. Our aim is to enhance the long-term investment returns and risk management in our portfolios, and to promote better societal and environmental outcomes.
Want to know more?
You can read the full update in our Assessment Report and Full Transparency Report here.
We’re very proud to have achieved this independent assessment by the UN PRI, which recognises our expertise and heritage in integrating ESG issues across our in-house investment solutions and our broader business. We're motivated to keep pushing forward and maintaining the highest ESG standards.
Mollie Thorton
Senior Investment Manager
This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity. Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.
