Our Commitment And Awards
In recent years, the importance of sustainability has been rapidly increasing. At UOBAM, we recognise that we have an important role to play as socially responsible stewards to drive sustainability in the world.
The investment community has a key role to play in supporting sustainability and the growing emphasis on environmental, social and governance (ESG) issues by channelling capital into sustainable opportunities, while supporting the United Nations Sustainable Development Goals (UN SDGs).
Asset owners and investors have become increasingly committed to ensure that they are investing responsibly and for a greater purpose. Thus, as Asset Managers, we have a responsibility to be socially responsible stewards for the world to look up to and we can play a vital role by offering sustainable investing solutions for both asset owners and investors alike.
We believe integrating ESG evaluation into our investment process across all investment asset classes will contribute to performance by enabling us to identify high-quality companies which are resilient, well-managed, able to grow sustainably and are likely to maintain their competitiveness in the long term.
By doing so, we can accommodate our clients’ needs to invest for profit and purpose, as we manage their wealth successfully, responsibly, and sustainably. Here at UOBAM, we understand that sustainability is a continuous journey and to have a more tangible contribution to the UN SDGs, we will embed sustainability as a core component of our corporate culture. This will allow us to be active stewards of sustainability, achieve long-term value creation and positive impact to the environment, our communities, and stakeholders.
Ultimately, at UOBAM, we invest for profit and purpose whilst shaping a better world for future generations.
Mr Thio Boon Kiat
Group CEO of UOB Asset Management
1. UN Principles for Responsible Investment (UN PRI) Signatory
UOBAM is one of the first regional asset management firms in Singapore to join the PRI.
1. Incorporate ESG issues into investment analysis and decision-making processes.
2. PRI Reporting
Singapore Stewardship Principles (SSP) for Responsible Investors
In 2018, UOBAM became a supporter of the Singapore Stewardship Principles (SSP) for Responsible Investors, a set of principles intended to encourage investors to voluntarily pursue the spirit of stewardship and good governance. Since then, UOBAM has stepped up its responsible investing efforts by incorporating ESG considerations into the investment process for Asia ex-Japan Equities and Asia Fixed Income.
United Nations-supported Principles for Responsible Investment (PRI)
UOBAM also became an official signatory of the UN supported Principles for Responsible Investment (PRI) in early 2020, a testament to UOB’s commitment to responsible investing and to developing sustainable investment solutions for customers.
The UN-supported PRI is an international network of investors working together to put the six Principles for Responsible Investment into practice.
1. Incorporate ESG issues into its investment analysis and decision-making processes;
2. Be active owners and incorporate ESG considerations into its ownership policies and practices;
3. Seek appropriate disclosure on ESG issues by the entities in which it invests;
4. Promote the acceptance and implementation of the Principles within the investment industry;
5. Work to enhance its effectiveness in implementing the Principles; and
6. Report on the activities and progress of its investment firms towards implementing the Principles.
Responsible investment practices are part of our fiduciary duty to our clients and we believe that the integration of ESG considerations into our investment processes is important not only from a risk management perspective but also key to ensuring long-term returns.
II. UOBAM's Sustainability Accolades
Benchmark Sustainability Awards 2020
Best-in-Class (Top ESG Performance) – United E-Commerce Fund
Best-in-Class (Top ESG Performance) – United Global Financials SGD
Outstanding achiever (Top ESG Performance) – United ASEAN SGD
Outstanding achiever (Top ESG Performance) – United Sustainable Asia Top-50
Best-in-Class (Top Global Compact Performance) – United Global Financials SGD
Best-in-Class (Top Global Compact Performance) – United Singapore Growth Fund
Outstanding achiever (Top Global Compact Performance) – United ASEAN SGD
Best-in-Class (Temperature Alignment) – United Sustainable Asia Top-50