Singapore, December 11, 2020 – The Everstone Group (“Everstone” or the “Group”), one of the leading managers of private capital in India and South East Asia, announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). This event underscores Everstone’s ongoing commitment to adopt sustainable frameworks across all of its business verticals.
By becoming a PRI signatory, The Everstone Group has made a commitment to align its Private Equity, Real Estate, Green Infrastructure, Credit and Venture businesses to the PRI guidelines and is committed to undertake a series of steps to continue to develop global sustainable investing guidelines across its businesses.
The PRI is an international global network of investment managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary and aspirational, aim to provide a framework for integrating environmental, social, and corporate governance (ESG) considerations into investment decision-making and ownership practices.
Alok Oberoi, Executive Chairman, The Everstone Group stated “We have big ambitions across our home markets in South and Southeast Asia, and we are determined to realize these ambitions through responsible stewardship. We have proactively invested in institutionalizing responsible stewardship across our operations, through dedicated senior ESG personnel and robust, world-class processes. Becoming a signatory to the PRI reinforces our commitment to doing the right thing for our employees and our businesses.”
“We are delighted to welcome the Everstone Group to the PRI and commend their commitment to sustainable investing,” said PRI CEO Fiona Reynolds, “which sends a positive message to other investors across the region. We look forward to working with them in the coming months.”
In July 2020, The Everstone Group achieved another ESG milestone with the release of its first Sustainability Report. The report outlines the evolution and institutionalization of the Group’s ESG approach and its commitment towards a business model that is responsible towards the planet, its resources, and the societies that it supports.
About Everstone Group
Everstone is a premier investment group focused on India and South East Asia, with assets in excess of US$5 billion across private equity, real estate, credit, green infrastructure and venture capital. Everstone has a significant resource base across its seven offices in Singapore, India (Mumbai, Delhi, Bangalore), London, New York and Mauritius, comprising best-of-breed investing, operations and strategic resources with significant experience and skills.
For more information, visit www.everstonecapital.com and