Sun Capital Partners, Inc., a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). The PRI is a global network of investment firms, asset owners and other service providers committed to investing responsibly and incorporating Environmental, Social and Governance (ESG) risks and factors into their investment practices and business operations.
“We are very pleased to be a signatory to the Principles for Responsible Investment, which underscores our commitment to acting as a good corporate citizen and considering ESG factors in our operations and investment practices”
“We are very pleased to be a signatory to the Principles for Responsible Investment, which underscores our commitment to acting as a good corporate citizen and considering ESG factors in our operations and investment practices,” said Jennifer Wildroudt, Vice President – Environmental, Social, Governance, at Sun Capital. “We understand that every decision we make has potential impacts – whether to the environment, the community, the workplace, or corporate governance. We have a longstanding commitment to aligning our values with those of our investors, employees and other stakeholders, and becoming a signatory to the PRI reinforces that heritage.”
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By signing the PRI, Sun Capital has pledged to incorporate the network’s six Principles for Responsible Investment into its investment, due diligence, and portfolio management practices with the goal of fostering a more informed and sustainable investing environment and global economy.
The principals encompass:
- Incorporating ESG issues into investment analysis and decision-making processes
- Being active owners and incorporating ESG issues into ownership policies and practices
- Seeking appropriate ESG disclosures from the entities in which Sun Capital invests
- Promoting acceptance and implementation of ESG principles within the investment industry
- Working together to enhance ESG effectiveness
- Reporting on ESG activities and progress
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“We are very pleased to welcome Sun Capital Partners as a PRI signatory,” said David Atkin, PRI CEO. “The private equity industry has a critical role to play in advancing sustainability on a global basis, and can play an important leadership role in considering ESG factors in their investment and ownership decisions. We look forward to working with the Sun Capital team.”
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