KAS BANK the first custodian to sign UN Principles for Responsible Investment

KAS BANK has signed the UN's Principles for Responsible Investment (PRI) and is the first ´pure play´ custodian in the world to do so. KAS BANK shares the view that environmental, social and corporate governance (ESG) issues affect the performance of investment portfolios. The Principles for Responsible Investment provide a solid framework to incorporate these issues into traditional investment portfolios.

As a professional service partner in the investment community, we use our network and influence to advocate the UN principles and engage our clients and stakeholders to translate these principles into practical, realistic policies. We refer to the Clients serviced section on this website for more information about our services.

"KAS BANK has shown tremendous efforts in building and developing services in the area of Socially Responsible Investment over the years,” says Albert Röell, Chairman of the Managing Board of KAS BANK. “Given our progress, it is time to make use of our knowledge in pursuit of more in-depth investment analysis and decision making processes within KAS BANK as well as for our clients."

The PRI initiative was taken in 2005, when Kofi Annan, Secretary General to the United Nations, invited a number of large institutional investors jointly to develop the Principles for Responsible Investment.

About the Principles for Responsible Investment
The full text of the Principles for Responsible Investment, as well as an updated list of signatories is available at www.unpri.org.