BLI - Banque de Luxembourg Investments signs UNPRI
BLI - Banque de Luxembourg Investments joins the Principles for Responsible Investment (PRI)
Luxemburg, 18 April 2018
BLI - Banque de Luxembourg Investments has signed the Principles for Responsible Investment (PRI). With this step, effective immediately extra-financial criteria will be included in BLI investment strategies.
Thierry Feltgen, ESG project manager at BLI - Banque de Luxembourg Investments explain: “Our investment approach, which we call “Business-Like-Investing”, involves (very) long-term stakes in quality companies with a clear competitive edge. For such a long-term approach to work on a sustained basis, it is necessary to grasp a company’s entire risk dimension as much as possible. And not all risks are purely financial in nature. Adding ESG to our research is a further step in our approach that makes sense, as it helps us get a better grasp on the companies in our investment universe.”
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Visit BLI's ESG microsite to read the full ESG policy and other governing documents