Proud Signatory of the Principles of Responsible Investment

20
February
2023
Proud Signatory of the Principles of Responsible Investment
Proud Signatory of the Principles of Responsible Investment

Super Housing Partnerships Joins UN Principles of Responsible Investment Community

Super Housing Partnerships (SHP), a specialist affordable housing fund manager, today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). The PRI is a network of international investors committed to integrating environmental, social and governance (ESG) factors into their investment decision-making and ownership practices.

By becoming a signatory, SHP demonstrates its commitment to responsible investment and to improving ESG practices across the property industry. The company will work to integrate the PRI's principles into its business strategy and decision-making processes, with the goal of delivering long-term value to its stakeholders.

"We are proud to join the PRI community and to demonstrate our commitment to responsible investment," said Tom Billings, CIO of SHP. "We understand the importance of considering ESG factors in our investment decisions, and of developing a sophisticated impact framework.  Our investment partners rightly expect excellence in this area. By becoming a signatory to the PRI, we are taking a significant step towards promoting responsible investment practices across the industry.

The PRI was established in 2006 by a group of investors who recognized the need to consider ESG factors in investment decision-making. Today, it is the world's leading network of investors committed to responsible investment, with more than 2,300 signatories from over 50 countries.

“Our approach to authentic impact informs our decisions in different ways across our three funds, as the business grows, we will continue to assess and improve our approach.  The core purpose of SHP is to address the supply of affordable, sustainable and suitable housing for all Australians, so it is imperative that we understand our impact thesis. In essence, we are trying to change outcomes for people through housing solutions and investment returns – and that’s impact.” Said Mr Billings.

David Atkin, CEO at the Principles for Responsible Investment commented:

“We’re pleased to welcome Super Housing Partnerships as a signatory to the PRI. Responsible Investment integration is a vital component across every stage and area of the investment process, including real estate, a sector which has significant potential to impact on core ESG issues. We look forward to working with SHP on this important area.”