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. “While we are pleased that Bloomberg will be joining PRI, it does not mean our investments have been unaffected by this decision,” said John Rogers, president and CEO of Bloomberg.
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.