French asset management company ACOFI Gestion announced it has adopted the United Nations principles for responsible investment, engaging itself to follow six major UN rules relative to ESG.
ACOFI Gestion, managing €1.3bn of assets, will include ESG topics in its investment analysis and decision process.
Thibault de Saint Priest, CEO and director general of ACOFI Gestion, said: “Our new responsible investment policy is both an achievement and a start. It results from a strict process, that will put ACOFI Gestion’s interests and practices in line with those of its stakeholders.”
The funds managed by ACOFI Gestion are divided into four thematic areas: commercial property business, infrastructures, specialised financial support of industrial companies, and public sector other than central government.