KKR Becomes Founding Signatory to Impact Investing Principles in Effort to Create Alignment across Industry

KKR today announced that it has become a founding signatory to the Operating
Principles for Impact Management, a new market standard for impact
investing introduced by the IFC, a member of the World Bank Group. KKR
joins 59 other signatories, collectively representing over $350 billion
in assets invested for impact, in their commitment to managing their
impact investments in accordance with these Principles, which are meant
to bring greater transparency, credibility, and discipline to the impact
investing market.

IFC led the development of the Principles, in collaboration
with leading asset managers, asset owners, asset allocators, development
banks, and financial institutions, following a three-month public stakeholder
consultation. The Principles aim to create clarity and consistency
regarding what constitutes managing investments for impact in order to
bolster confidence in the market.

Ken Mehlman, Co-Head of KKR Global Impact, joined fellow signatories in
Washington, DC, today for the global launch of the Principles. He
commented: "For the last decade, we have sought to learn from leaders in
sustainability as we have made our journey. The IFC has been leading
impact investors for many years and we look forward to learning from
their thinking, as well as from other stakeholders who are committed to
investing for positive impact and shared value.a??

Over the last decade, KKR has been a leader in driving and protecting
value throughout the firma??s private markets portfolio through thoughtful
Environmental, Social and Governance ("ESGa??) management, as well as
measuring and reporting on performance to the public and investors. The
firm also has a history of investing in businesses that promote
sustainable solutions to societal challenges.

This experience of responsible investment combined with a changing
landscape of global challenges led to KKRa??s decision to create a
dedicated Global Impact business in 2018. KKRa??s Global Impact strategy
focuses on identifying and investing behind businesses with positive
social or environmental impact that measurably contribute solutions to
one or more of the United Nations Sustainable Development Goals. KKRa??s
alignment with the Operating Principles for Impact Management, which you
can read more about here,
will build on this strategy.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Апрель 2021    »