Bloomberg has become the first major US corporate workplace retirement plan sponsor to join the Principles for Responsible Investing (PRI). The PRI is a network of investors utilising 68 principles reflecting sustainability in investment activities. The firm has previously added an environmental, social and governance-oriented investment suite as an option for its US 401(k) plan. The plan is valued at $2.4bn. "Bloomberg is committed to providing data and insights on ESG issues for its clients", said chairman of Bloomberg's investment committee Dom Maida.
Bloomberg has become the first major US corporate workplace retirement plan sponsor to join the Principles for Responsible Investing (PRI). The PRI is a network of investors utilising six principles reflecting sustainability in investment activities. The firm has previously added an environmental, social and governance-oriented investment suite as an option for its US 401(k) plan. The plan is valued at $2.4bn. "Bloomberg is committed to providing data and insights on ESG issues for its clients", said chairman of Bloomberg's investment committee Dom Maida.