Leading global investment bank GCA has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).
PRI is the world’s leading proponent of responsible investment — working to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of signatories in incorporating these factors into their investment and ownership decisions.
Becoming a PRI signatory underscores GCA’s strong commitment to advancing the ESG agenda and marks an important milestone on its own ESG journey.
ESG has become a key factor guiding decisions both internally and in the firm’s work with clients. GCA has a strong history in ESG M&A advisory and continues to increase its emphasis on this area through its global ESG advisory team and the continuous development of its advisory capabilities in this area.
GCA is also developing its internal ESG programme with a focus on creating a positive impact for all its stakeholders – including clients, shareholders, employees and communities.
Aside from the long-term benefits to the environment and society, ESG is a hidden success factor in M&A transactions. There are various reasons for this such as the higher cumulative total returns of ESG assets and the continually increasing appetite from investors.
GCA aims to deliver a positive ESG impact, using the power of deal making to inspire change.
Phil Adams, CEO of GCA Altium, said: “We are proud to have joined the UN PRI. ESG has become fundamental to GCA – both in our service to clients and also how we operate and think as a firm.
“We help clients in ESG-relevant industries to improve their ESG strategy to generate growth and value for their firms, and ultimately support impact investing.
“We have been continually building on both our advisory capacity and our own operational ESG focus. The UN PRI signify our strong commitment to ESG and creating a positive impact for all our stakeholders.”
Jules Wurlod, ESG Director at GCA Altium, added: “The momentum for transforming businesses towards sustainability has never been so strong, but so is the pressure on companies: tangible results across a wide range of dimensions are expected, today. GCA bridges the gap between investors and companies in this complex ecosystem, helping them to deliver on expectations.”