9 Apr 2014
The UK Green Investment Bank (GIB) has today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI)(www.unpri.org/about-pri/about-pri).
PRI joins over 1,200 signatories, who collectively have around $US35 trillion assets under management.
The UK Green Investment Bank was launched in November 2012. It has £3.8 billion of funding from the UK government. It is the first bank of its kind in the world. It is a "for profit" bank, whose mission is to accelerate the UK's transition to a greener economy, and to create an enduring institution, operating independently of government.