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Kerten KSA joins United Nations-supported Principles for Responsible Investment

Aligned with Kerten Hospitality’s corporate ethos embodying the encouragement of ethical investment, the creation of sustainable marketplace and fostering ecosystems built on impact investment, the Group’s entity in the Kingdom of Saudi Arabia has joined the world’s leading proponent of responsible investment

Kerten Hospitality, a specialist mixed-use operator, enforces sustainable investing practices that encompass Environmental, Social and corporate Governance requirements in the collaborative work with multilateral partners and allies

Kerten Saudi Arabia has become a signatory with the Principles for Responsible Investment (PRI) – an independent investor initiative in partnership with UNEP Finance Initiative and United Nations Global Compact

On this occasion Mishary Alhajeri, Kerten’s Country Director – Saudi Arabia said, “We are proud to be one of only 3 entities in the Kingdom who show commitment to work with organisations ready to incorporate best in class practices in their portfolios in sync with their ESG-focused investment mandates and in alignment with Saudi Vision 2030

The core tenet for us is collaboration with stakeholders from the private and public sector who are impact-orientated on a global level and who prioritize on capital investment that deliver long-term sustainability within a 2030 context.” The Principles for Responsible Investment (PRI) is the world’s leading proponent of responsible investment. Supported by the United Nations, it works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Launched in New York in 2006, the PRI has grown to more than 3,000 signatories, managing over $103 trillion AUM.  More on the initiative here: https://www.unpri.org

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