Digital Colony (the “firm”), a leading owner, operator and investment manager of companies enabling the next generation of mobile and Internet connectivity and global digital infrastructure, announced two significant steps in formalizing the firm’s approach to environmental, social and corporate governance (“ESG”) integration and reporting. The firm, through its parent company Colony Capital, Inc., has become a Signatory of the United Nations-supported Principles for Responsible Investment (“PRI”) and distributed its first annual ESG report to fund investors.
The PRI is an international global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles aim to provide a framework for integrating ESG considerations into investment decision-making and ownership practices.
The firm’s inclusion as a PRI Signatory formalizes the commitment detailed in Digital Colony’s Responsible Investment Policy, while also providing a broader network of peers to share best practices and additional transparency for stakeholders to monitor the firm’s progress.
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“We are a proud signatory of the PRI because we recognize the value of supporting a nonprofit organization that advances responsible investment globally, shares best practices and holds our industry accountable for ESG efforts,” said Marc Ganzi, CEO of Digital Colony and CEO-elect of Colony Capital.
“We are delighted to welcome Digital Colony to the PRI,” said Fiona Reynolds, CEO of PRI. “Both the Digital Colony and Colony Capital teams recognize the importance of integrating ESG into their investment strategy and decisions and we look forward to working with them in the coming months.”
