DALLAS--(BUSINESS WIRE)--ROBO Global, creator of the first benchmark index to track the robotics, automation and artificial intelligence (RAAI) value chain worldwide, announced it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
Recognized as the world’s leading alliance of responsible investors, the PRI consists of over 2,000 organizations dedicated to incorporating environmental, social and governance (ESG) issues into investment practices.
“As pioneers in RAAI investing, it’s of the utmost importance for our research and analysis of emerging technologies to be in the best interest of future generations,” said Travis Briggs, CEO of ROBO Global U.S. “Our decision to become a PRI signatory builds on our commitment to provide value for long-term investors seeking exposure to the technology of the future.”
Since its inception, ROBO Global has abided by a strict ESG policy in order to adhere to ethical norms in all investment activity.
"Robotics and artificial intelligence will transform the workplace of the future," said PRI CEO Fiona Reynolds, "so it's essential that we track sustainability in this sector. Companies like ROBO Global will play a critical role in helping investors to do that. We are very pleased to welcome ROBO Global to the PRI and look forward to working with them in the coming months."
ROBO Global Indices are licensed in 11 countries and trade on nine exchanges throughout the U.S., Europe, Asia, Canada and Australia. Total AUM for investment products tracking the ROBO indices is over $2.5 billion* to date.
About ROBO Global
ROBO Global is the creator of the ROBO Global® Robotics and Automation Index series, which provides comprehensive, transparent and diversified benchmarks representing the value chain of robotics, automation and artificial intelligence. With the expertise of our leadership team and strategic advisors from the industry, we help investors capture the growth and return opportunities presented by this megatrend across industries, from healthcare to industrials to consumer products. Our indices are used by a variety of investment vehicles listed on multiple exchanges around the world. We are present in Dallas, San Francisco, New York and London. www.ROBOGlobal.com
*Source: Bloomberg, data as of 5/30/2019
About the PRI
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of 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. Visit the PRI website for more details: www.unpri.org.