Tycho Sneyers has been elected to the board of the United Nations sponsored Principles for Responsible Investment (PRI).
Tycho Sneyers, a managing partner at LGT Capital Partners, was elected by the PRI asset manager signatories and will be one of two asset managers on the PRI board. He will serve for a three-year term beginning on 1 January 2018.
Mr. Sneyers has over 15 years of experience in ESG topics and has led LGT Capital Partners' early efforts in integrating responsible investment considerations into the firm's private equity programs. As Chairman of the firm’s ESG Committee, Mr. Sneyers has also overseen the firm's strategy for embedding ESG principles into LGT Capital Partners’ other investment offerings, including liquid alternatives, multi-asset portfolios and sustainable bond and equity funds.
Mr. Sneyers comments: "I am delighted and honored to have been elected to the PRI board. I look forward to working closely with my board colleagues, PRI staff and PRI signatories in shaping efforts to turn the sustainable development agenda into reality."
About the Principles for Responsible Investment (PRI)
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate, and ultimately of the environment and society as a whole. Visit the PRI website for more details: www.unpri.org.
The PRI board is collectively responsible for the long-term success of the PRI and in particular for: establishing the PRI’s mission, vision and values; setting the strategy, risk appetite and structure; delegating the implementation of the strategy to the PRI Association Executive (the Executive); monitoring the Executive’s performance against the strategy; exercising accountability to signatories and being responsible to relevant stakeholders.
The board is composed of: one independent Chair (confirmed by a signatory vote) and ten Directors (seven elected by asset owner signatories, two by investment manager signatories and one by service provider signatories). The Chair and all elected Directors are the Statutory Members of the Company. There are two Permanent UN Advisors to the Board, representatives from the PRI’s founding UN partners: UN Global Compact and UNEP Finance Initiative.