- The IPRULIFE has become the first insurance company to do so.
- By doing so, IPRULIFE has given the commitment towards Environment, Social, and Governance (ESG) issues.
- The UNPRI is the world’s leading proponent of responsible investment.
- The UNPRI executes the work in investment implications of ESG factors.
- It helps a network of investors who have signed the agreement in incorporating these factors into their investment and ownership decisions.
- This agreement will enable IPRULIFE to promote sustainability by integrating ESG factors into its investment frameworks.
- Also, IPRULIFE has launched the ‘Sustainable Equity Fund’ which is an ESG focused fund and is one step ahead of the entity to maintain sustainability.
- Static Part:
- CEO of IPRULIFE: N S Kannan
Question:
Q.1 Which is the first insurance company in India to sign United Nations-supported Principles for Responsible Investment (UNPRI)?
a. HDFC Life Insurance Company Ltd.
b. Max Life Insurance Company Limited
c. ICICI Prudential Life Insurance
d. Tata AIA Life Insurance
a. HDFC Life Insurance Company Ltd.
b. Max Life Insurance Company Limited
c. ICICI Prudential Life Insurance
d. Tata AIA Life Insurance