PRI

New Survey Shows Fragmented Viewpoints Among ALTS Investors on Environmental, Social, Governance (ESG) and Diversity, Equity, Inclusion (DEI) Strategies and Priorities; Both Greenwashing and AI Noted as Challenges

Retrieved on: 
Thursday, November 9, 2023

In Dynamo’s survey, participants showed some reticence around ESG investment performance.

Key Points: 
  • In Dynamo’s survey, participants showed some reticence around ESG investment performance.
  • Respondents were evenly split on believing ESG-focused investments perform better (45%) and perform the same (44%) as non-ESG investments.
  • Some frameworks that are gaining traction are SASB, GRI, TCFD, and the closely-related SFDR, WDI, but it is still early.
  • “Our survey findings are likely a reflection of the still-nebulous nature of DEI strategy, and how it ties to ROI.

Quantic™ X-Microwave Receives ISO 9001:2015 and AS9100D Certification

Retrieved on: 
Tuesday, November 7, 2023

AUSTIN, Texas, Nov. 7, 2023 /PRNewswire/ -- Quantic™ X-Microwave today announced that it has received certification to ISO 9001:2015 and AS9100D by the Performance Review Institute (PRI) Registrar , one of the leading ANSI National Accreditation Board (ANAB) accredited registrars for ISO certifications and a premier certification body for quality, aerospace, environmental and safety certifications.

Key Points: 
  • AUSTIN, Texas, Nov. 7, 2023 /PRNewswire/ -- Quantic™ X-Microwave today announced that it has received certification to ISO 9001:2015 and AS9100D by the Performance Review Institute (PRI) Registrar , one of the leading ANSI National Accreditation Board (ANAB) accredited registrars for ISO certifications and a premier certification body for quality, aerospace, environmental and safety certifications.
  • The ISO 9001:2015 certification recognizes an organization with a quality management system that demonstrates the ability to provide products and services according to statutory and regulatory requirements, and enhance customer satisfaction through effective application and continued process improvement.
  • Based on the ISO 9001 standards, the AS9100D certification acts as the international standard for quality management systems in aerospace, aviation and defense industries, with specific requirements for safety, reliability and performance.
  • "Quantic X-Microwave has always taken pride in the craftmanship of our X-MWblocks and custom electronic assemblies," said Dan Teuthorn, General Manager, Quantic X-Microwave.

Southern Asset Management Releases "2023 Asset Owners ESG Survey Report."

Retrieved on: 
Friday, October 27, 2023

Southern Asset Management , as a strategic partner, jointly organized the Asia Sustainable Finance Roundtable with SynTao Green Finance and China Sif, and released the "2023 Asset Owners ESG Survey Report", on the morning of October 20th.

Key Points: 
  • Southern Asset Management , as a strategic partner, jointly organized the Asia Sustainable Finance Roundtable with SynTao Green Finance and China Sif, and released the "2023 Asset Owners ESG Survey Report", on the morning of October 20th.
  • Southern Asset Management is one of the first fund management companies approved by the China Securities Regulatory Commission (CSRC), heralding the beginning of the "new fund era" in China.
  • Southern Asset Management adheres to a practice-first approach, integrating ESG principles into its long-term strategy and business development.
  • They have received numerous international and domestic ESG awards, including PRI and IFF, making them a benchmark company in ESG practices in the asset management industry.

One Percent for America receives $250,000 funding from the Eastern Bank Foundation to help remove barriers to US citizenship

Retrieved on: 
Monday, November 6, 2023

BOSTON, Nov. 6, 2023 /PRNewswire/ -- One Percent for America (OPA), a nonprofit reducing barriers to US citizenship, announced today it has received a $250,000 Program Related Investment (PRI) from Eastern Bank Foundation .

Key Points: 
  • BOSTON, Nov. 6, 2023 /PRNewswire/ -- One Percent for America (OPA), a nonprofit reducing barriers to US citizenship, announced today it has received a $250,000 Program Related Investment (PRI) from Eastern Bank Foundation .
  • OPA is advancing immigrant inclusion and opening new pathways to citizenship by offering loans at a 1% interest rate to cover the cost of citizenship application fees.
  • The PRI, a low-cost loan, will support OPA loans for low-to-moderate income immigrants living in Massachusetts, New Hampshire, and Rhode Island.
  • A national survey conducted by OPA revealed that application fees, ranging from $300 to $1,500, are among the top barriers to citizenship.

Consumers Experienced Increase in Purchasing Power in September with Slowing Inflation and Higher Income Growth

Retrieved on: 
Monday, October 30, 2023

In September 2023, the average purchasing power for middle-income households was 99.3%, up from 97.4% in August.

Key Points: 
  • In September 2023, the average purchasing power for middle-income households was 99.3%, up from 97.4% in August.
  • View the full release here: https://www.businesswire.com/news/home/20231030387479/en/
    Primerica Household Budget Index™ (HBI™) - In September 2023, the average purchasing power for middle-income households was 99.3%, up from 97.4% in August.
  • Latest index shows middle-income families are seeing improvements in spending power, yet still recovering from the cumulative impact of high inflation.
  • (Graphic: Business Wire)
    “Wage growth outpaced the increased cost of necessities in September 2023, improving the purchasing power of middle-income households to 99.3%,” said Glenn J. Williams, CEO of Primerica.

Investment industry heavyweights CFA Institute, GSIA and PRI announce harmonized definitions for responsible investment approaches

Retrieved on: 
Wednesday, November 1, 2023

The work to harmonize terminology also serves to deepen understanding of the nuances of responsible investment approaches.

Key Points: 
  • The work to harmonize terminology also serves to deepen understanding of the nuances of responsible investment approaches.
  • It counters confusion about what different responsible investment strategies seek to achieve by clearly differentiating the objectives of approaches, such as ESG integration and impact investing.
  • The harmonized terminology contained in the joint resource responds to shifts that have taken place in the responsible investment landscape.
  • These updated definitions reflect the reality that responsible investment approaches can be applied to a wide range of investment styles and asset classes, spanning both public and private markets.

Abdulwahab's Office Becomes First in the Country to Sign the Principles for Responsible Investment (PRI)*

Retrieved on: 
Tuesday, October 24, 2023

By signing these principles, Abdulwahab's Office demonstrates its dedication to responsible investment strategies that maximise financial returns while seeking to minimise their impact on society and the environment.

Key Points: 
  • By signing these principles, Abdulwahab's Office demonstrates its dedication to responsible investment strategies that maximise financial returns while seeking to minimise their impact on society and the environment.
  • "We are thrilled to be pioneers in this significant endeavour, setting a precedent for responsible investment practices within Oman," said Abdulwahab Al Maimani, Chief Executive Officer of Abdulwahab's Office.
  • The Principles for Responsible Investment (PRI) hold paramount significance in Oman Vision 2040, serving as a cornerstone for the nation's aspirations towards sustainable development and responsible economic growth.
  • Abulwahab's Office joins a prestigious group of global investors and companies that have chosen to adopt responsible investment principles.

Primerica Schedules Third Quarter 2023 Financial Results Webcast

Retrieved on: 
Tuesday, October 24, 2023

Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Wednesday, November 8, 2023, at 10:00 a.m. Eastern time to discuss the Company’s results for the quarter ended September 30, 2023, as well as other business-related matters, including future expectations.

Key Points: 
  • Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Wednesday, November 8, 2023, at 10:00 a.m. Eastern time to discuss the Company’s results for the quarter ended September 30, 2023, as well as other business-related matters, including future expectations.
  • A news release announcing the quarter’s results will be distributed after the close of the market on Tuesday, November 7, 2023.
  • The earnings news release, financial supplement and live webcast will be available on the Primerica Investors website at https://investors.primerica.com .
  • A replay of the call will be available for approximately 30 days.

MAOR INVESTMENTS Announces the Closing of Its Second Fund at $180M, 1.8x the Size of MAOR I

Retrieved on: 
Friday, October 20, 2023

MAOR INVESTMENTS, a Luxembourg-based venture capital fund dedicated to Israeli technologies, is proud to announce the final closing of its second fund, MAOR II, at $180 million.

Key Points: 
  • MAOR INVESTMENTS, a Luxembourg-based venture capital fund dedicated to Israeli technologies, is proud to announce the final closing of its second fund, MAOR II, at $180 million.
  • This access emphasizes the differentiating positioning of the fund as « Bridge to Europe », reflecting MAOR INVESTMENTS’ unique value in the Israeli ecosystem.
  • By aligning its investments with ESG criteria and signing the Principles for Responsible Investment (PRI) for MAOR II, an Article 8 SFDR fund, MAOR INVESTMENTS is committed to investing responsibly.
  • The MAOR INVESTMENTS team sincerely thanks its investors, portfolio companies, team members and corporate partners for their precious support and collaboration.

Stoneweg US Drives 33% GRESB Score Improvement for Varia US Properties

Retrieved on: 
Thursday, October 19, 2023

As the asset manager for the Varia US portfolio, Stoneweg US plays a pivotal role in guiding and supporting Varia US' sustainable practices, driving the achievement of a 33% year-over-year improvement in the firm's GRESB score.

Key Points: 
  • As the asset manager for the Varia US portfolio, Stoneweg US plays a pivotal role in guiding and supporting Varia US' sustainable practices, driving the achievement of a 33% year-over-year improvement in the firm's GRESB score.
  • Stoneweg US played a pivotal role, driving the achievement of a 33% year-over-year improvement in the firm's GRESB score
    The annual GRESB assessment, shaped by the collective vision of investors and industry stakeholders, serves as a compass for measuring sustainability performance in asset investments.
  • Through the efforts of its asset manager Stoneweg US, Varia US acquired and/or achieved four Green Globes® sustainable building certifications and eight ENERGY STAR® building performance certifications in 2022.
  • For the complete "GRESB Real Estate Benchmark Report 2023" and more insights into Varia US' ESG strategy and initiatives, please visit website at www.stonewegesg.us .