Our parent company, Prudential Plc
As a life insurer, asset owner and manager, we are long-term stewards of our customers’ assets. We have a responsibility to our customers, the communities and environment in which we operate, to apply ESG considerations into our investment decisions
and our fiduciary and stewardship duties.
ESG is overseen by the Board, which is responsible for determining strategy and prioritisation of key focus areas. At the board level, the Responsibility & Sustainability Working Group has been established. They will oversee the embedding of the Group’s
ESG framework and progress on diversity and inclusion initiatives and employee engagement activities.
In order to provide greater senior executive involvement and holistic oversight of ESG matters material to the Group, in 2020 a Group ESG Committee was established, superseding the previous ESG Executive Committee. As with other ESG matters, responsible
investment activity is overseen by the Group ESG Committee. Operational responsibility for responsible investment activity is delegated to the Group Responsible Investment Advisory Committee (GRIAC). The GRIAC is constituted as a sub-committee
of the Group ESG Committee and provides a forum for Group and business units to consider responsible investment approaches.
For more information, visit Prudential plc’s ESG home page and read the 2020 ESG Report.
The Eastspring Executive Management Committee (EMC) drives and oversees the day-to-day operation of the firm globally. Eastspring Investments Sustainability Steering Committee, chaired by the Chief Executive Officer, Eastspring Investments Group, is designated responsibility by the Board of Directors of Eastspring Investments (Singapore) Group Pte Limited to oversee Sustainability and Responsible Investment activities. It oversees four Sustainability workstreams, comprising of cross-functional representation across our business, that collaborate to build capacity, make progress in priority areas, and facilitate ongoing continuous improvement towards our own Sustainability ambitions.
The Eastspring Responsible Investment Working Group (ERIWG) comprises of representatives across Eastspring Investments Local Business Units (LBUs). It assists in implementing our Responsible Investment Framework. In turn, locally-represented Responsible Investment Committees are formed, as needed, to discuss practical and operational issues encountered in the application of the investment teams' policies.
We are committed to an ongoing process of improving our approach to integrating ESG into our investment processes. Our policies will evolve over time to reflect changes in business practices, structures, technology, and the law.