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In brief: GLP makes ESG policy official with PRI commitment

The private asset manage began a firm-wide review last year to increase the firm’s integration of ESG.

Singapore-based asset manager GLP became the latest private markets investor to join the UN-supported Principles for Responsible Investment last week when the firm pledged to adhere to an internationally agreed upon framework for sustainable investing.

GLP, which manages $120 billion in assets, is now part of a 4,000-member investor community that has committed to “work together to put responsible investing into practice,” the firm said in a statement. GLP added that this marks its latest step in a firm-wide review that began last year to take its “sustainability commitment to the next level”.