Polish private debt major CVI has proved its commitment to ESG by signing the United Nations-supported Principles for Responsible Investment.
The PRI’s network signatories work together to implement a set of voluntary principles that provide a framework for integrating ESG factors into investment analysis and ownership practices, aligned with investors’ fiduciary duties.
Poland-headquartered CVI is the largest manager of private debt funds in Central Europe with about €1.2bn of assets under management.
PRI managing director Fiona Reynolds added, “We are delighted to welcome CVI as a PRI signatory.
“We believe that CVI’s commitment to responsible investing provides a role model for other fund managers in Central Europe and highlights a growing awareness of ESG topics in the investment community.”
CVI founder and CIO Rafal Lis said, “Becoming a PRI signatory is a natural next step for CVI in demonstrating our commitment to responsible investment practices.
“As the leading private debt fund manager in Central Europe, we are focused on adopting best-in-class standards in our investment decision making and management processes. We want to play an important role in showcasing best ESG practices in private markets in the region.
“This includes implementation of policies that promote solid corporate governance and adherence to environmental and social requirements.
“We believe that such disciplined approach to ESG evaluation enables us to act in the best long-term interests of our investors and further strengthens the culture of transparency and mutual trust.”
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