Kuala Lumpur, 7 July 2019 – BIMB Investment Management Berhad (BIMB Investment) has taken the lead among investment managers in the region in becoming an official signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).
BIMB Investment is the only bank-backed Islamic Asset Manager in Malaysia and Southeast Asia to be a signatory of the responsible investment initiative, together with other 23 leading investment managers in the region.
The objective of the UNPRI group is to incorporate environmental, social and governance (ESG) factors into investment decisions, to better manage risk and generate sustainable, long-term returns which ultimately to shape a sustainable future.
” We have integrated more than 250 ESG metrics in our investment processes since 2015 for better investment decisions. ESG offers valuable non-financial information that reflects companies’ management quality We also hope our contributions in the Shariah-ESG asset management will complement Malaysia as the world’s leading Islamic Finance market place, an initiative of the Malaysia International Islamic Financial Centre (MIFC) and in support of the Securities Commission Malaysia’s Sustainable and Responsible Investment (SRI) initiatives “saod Najmuddin Mohd Lutfi, Chief Executive Officer BIMB Investment.