Digital Colony, an owner, operator and investment manager of companies enabling the next generation of mobile and Internet connectivity and global digital infrastructure, has announced two significant steps in formalizing the firm´s approach to environmental, social and corporate governance (“ESG”) integration and reporting, the company said.
The firm, through its parent company Colony Capital, Inc., has become a Signatory of the United Nations-supported Principles for Responsible Investment (“PRI”) and distributed its first annual ESG report to fund investors.
The PRI is an international global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles aim to provide a framework for integrating ESG considerations into investment decision-making and ownership practices.
The firm´s inclusion as a PRI Signatory formalizes the commitment detailed in Digital Colony´s Responsible Investment Policy, while also providing a broader network of peers to share best practices and additional transparency for stakeholders to monitor the firm´s progress.
Digital Colony has also issued its first annual ESG report, which details the results of implementing a Responsible Investment Policy, underscoring how Digital Colony believes incorporation of ESG factors in decision making at both the firm and portfolio company level is helping to build stronger, more resilient businesses. The report emphasizes Digital Colony´s ongoing commitment to integrating ESG analysis in the firm´s due diligence of potential investments, partnering with its portfolio companies to advance their ESG performance, supporting a diverse and inclusive workforce and communicating transparently with investors and other stakeholders.
Digital Colony is one of the world´s largest dedicated digital infrastructure investment firms with over USUSD 20 billion in assets under management. Launched in 2017 by Digital Bridge and Colony Capital, Digital Colony brings together Digital Bridge´s industry, operational and investment expertise, and Colony Capital´s (NYSE: CLNY) global operating platform and capital markets access. Digital Colony is a investor, owner and operator enabling the next generation of mobile and Internet connectivity through investments in mission-critical infrastructure around the globe. For more information, visit www.digitalcolony.com.