Chapel Hill Denham today announced that it has become a signatory to the UN-supported Principles of Responsible Investment (PRI), joining a global network of nearly 4000 signatories representing over USD 100 trillion in assets under management who are committed to incorporating environmental, social and corporate governance (ESG) measures into their investment decision-making and practices.
“Simply put, Chapel Hill Denham joined the Principles of Responsible Investment (PRI) because it reflects how we invest and have operated our firm from day one,” said Bolaji Balogun, CEO, Chapel Hill Denham. “Our focus on advocating for ESG measures and using sustainability as a key piece of our investment process and operations, ensures the companies we work with adopt a longer term, sustainable approach. Joining the other signatories to the PRI, is an affirmation of our commitment to responsible impact investing.”
“As a leading active asset manager in the region with a long-term bias, it is our responsibility to help individuals and institutions build a financially sound future, while playing a positive role in the development of capital markets and encouraging strong corporate governance,” Phil Southwell, Partner, Chapel Hill Denham, added.
PRI CEO Fiona Reynolds said: “In joining PRI, Chapel Hill Denham is recognizing the importance of ESG factors to its clients, and demonstrating a commitment to sustainable investing in Nigeria and Africa broadly. We are pleased to welcome Chapel Hill Denham as a PRI signatory, and look forward to working with the team.”
About Chapel Hill Denham:
Chapel Hill Denham has a simple and powerful model focused on investment banking and investment management. Chapel Hill Denham Advisory is Nigeria and Africa’s leading independent investment bank. Chapel Hill Denham Management is Nigeria’s leading alternative asset manager. Our funds are focused on areas accretive to Africa’s and Nigeria’s economic development targeting sectors such as Infrastructure, Energy and Renewables, Real Estate, SMEs, Financial Inclusion, Healthcare and Education.
About the Principles for Responsible Investment (PRI):
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The six principles for responsible investment were developed with the backing of the United Nations. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole.