Siris Publishes Inaugural Annual ESG Report and Joins the UN-supported Principles for Responsible Investment PRNewswireSiris Publishes Inaugural Annual ESG Report and Joins the UN-supported Principles for Responsible Investment PRNewswire
Impact Investing Forum 2023
London. May 04-05, 2023.
NEW YORK — Siris, a leading private investment firm that invests in and drives value creation in technology and telecommunications businesses, is proud to announce the publication of its inaugural Annual ESG Report. Siris has signed the UN-supported Principles for Responsible Investment (PRI) as an official signatory. This is a global organization of over 4,300 signatories, with more than $121 trillion in AUM, that are committed to incorporating ESG factors into their investment strategies. Siris’ commitment to responsible investment is rooted in the firm’s corporate citizenship values. It aligns with its investors’ growing desire to see their capital be used responsibly and with sensitivity to ESG and diversity equity and inclusion (DE&I). The firm integrates ESG considerations in its investment process and works with its portfolio companies to ensure that they uphold the same standards and values. “We are proud to share the progress made in our ESG journey. Jeffrey Hendren, Co-Founder, Managing Partners and ESG Committee Chair of Siris, stated that he believes our commitment to continually improving our ESG practices will enhance our ability to deliver value to our investors. “I am proud to have worked with Siris to address ESG issues, foster diversity and inclusion at work, and support our communities. Fiona Reynolds, CEO of PRI, said, “We are very happy to welcome Siris as a PRI member.” It is encouraging to see private markets, including private equity, becoming more involved in sustainable investing. We hope more PE firms will follow Siris’ lead and incorporate ESG factors in their investment decisions and ownership. We look forward to working together with the team. Siris is still focused on being socially responsible as an investor, industry leader, and partner with its portfolio companies. It aims to provide the highest level of transparency to its investors through regular reporting and discussion on ESG considerations. Siris plans to make public its ESG policies in accordance to PRI guidelines in 2023 as part of its efforts to align them to internationally recognized frameworks. About Siris
Siris is a prominent private equity firm that invests in mature technology and telecom companies with mission-critical products, services and businesses. Siris’ extensive collaboration with its Executive Partners and Advisors is integral to its approach. Siris’ Executive Partners, and Advisors, are senior operating executives who actively participate in key aspects throughout the transaction lifecycle to identify opportunities and drive operational and strategic value. Siris has offices in New York and Silicon Valley, as well as West Palm Beach. It has raised over $6 billion in cumulative capital commitments. www.siris.com. About PRI
The PRI works to understand the investment implications of environmental, social and governance (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. Launched in New York in 2006, the PRI has grown to more than 4,300 signatories, managing over US $121 trillion AUM. SOURCE Siris Capital Group, LLC Related Links http://www.siris.com