Old Mutual Group Is The Gold Sponsor At The 2015 PRI In Person Conferenece

September 8, 2015 /3BL Media/ - Old Mutual is the Gold Sponsor at the PRI in Person conference being held at the London Excel Conference Centre this week, from 8 to 10 September 2015. Convened by the United Nations-supported Principles for Responsible Investment (PRI), this annual conference is one of the most significant responsible investment conferences, globally.

The event attracts over 800 institutional asset owners, allocators of capital and thought leaders from around the world to exchange ideas and information about the impacts of environmental, social and governance (ESG) issues on the future value of investments, and how the business community and policymakers can best respond to the related risks and opportunities.

A team of 13 senior Old Mutual representatives from a selection of its investment businesses in the UK, the US and South Africa will attend. In addition, Jon Duncan, Head of Sustainability Research and Engagement is representing Old Mutual on a panel discussion entitled: Stories from the front – selling the [ESG] value proposition to internal investment teams.

Gail Klintworth, Group Customer Director and Responsible Business Lead said: “We are pleased to be involved with the PRI, and are keen to help build even greater momentum across the investment industry. The reality of the challenges around ESG-related issues proves that we are not yet truly investing responsibly as a global investment community. The growth opportunities for those investors who are seeking to provide new products and insights to help drive responsible investment are abundant. We just need to be creative and brave. Old Mutual Group has embraced responsible investment as a strategic priority across all of our businesses.”

Jon Duncan, Head of Sustainability Research and Engagement said: “For Old Mutual, responsible investment is a cross-cutting approach to investment that integrates the consideration of ESG factors into investment and ownership practices, as a basis for making the transition to a low-carbon, resource-efficient and socially inclusive economy.  Companies that respond swiftly to the challenges and opportunities presented by a changing environment and society will reap the rewards of enhanced operating efficiencies, stronger social license to operate, enhanced employee retention, lower cost of capital and, ultimately, stronger and longer competitive advantage.”

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Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to more than 17 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £319 billion of funds under management from core operations.

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com