Madrid-based insurer MAPFRE has joined the global network of signatories to the Principles of Responsible Investment (PRI) aligning its long-standing commitment to social and environmental sustainability to its investment policy.

MAPFRE AM, the asset management branch of the business, has also recently launched a fund investing in companies with good corporate governance following academic research that showed that investing in socially responsible companies with good corporate governance is more profitable in the long-term.

Antonio Huertas, President of MAPFRE said, “As we strengthen and develop our investment and asset management business we aim to align the interests of our investors with the wider objectives of society, without forgetting that those actions are In line with our fiduciary role of always acting in its best interests in the long-term."

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