8 Miles joins UN-PRI
8 Miles LLP announced today that it has become a signatory to the United Nations Principles for Responsible Investment (UN-PRI).
Hemen Shah, co-founding partner and Chair of 8 Miles’ ESG Committee said “Joining the UN-PRI formalises our commitment to, and recognises the importance of adopting high environmental, social and governance standards as a key component of risk management and value creation in our portfolio companies. At 8 Miles we see the value of ESG across all aspects of portfolio management, particularly in providing long term solutions to improve employee conditions, build sustainable communities and reduce operational risks. We see our responsibility as delivering improved environmental, social and governance outcomes in the creation of market leading African companies.”
The UN-PRI is an industry leading association working to enhance approaches to ESG integration and management. 8 Miles’s has continuously led from the front in ESG matters and has embedded an ESG investment Code and Social and Environmental Management Systems for all phases of investment and portfolio management.
8 Miles LLP is regulated by the UK Financial Conduct Authority and the Fund is only open to institutional and qualified investors.