April 20, 2023
DALLAS – Transwestern Investment Group (TIG®) announces it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI) as a part of its effort to foster sustainable investing.
The PRI is the world's leading proponent of responsible investment, with over 7,000 signatories from more than 135 countries. The organization encourages its signatories to incorporate environmental, social and governance (ESG) considerations into investment, due diligence and portfolio management to create a more sustainable environment for global financial and investment activities.
“As an independent real estate management firm, we have a responsibility to explore all factors that could impact our client’s financial performance,” said Reid Bourgeois, CFO, TIG. “As a company, we believe that offering innovative solutions drives long-term value for our investors. We are pleased to join the PRI, furthering our commitment to the application of the principles and to conducting our business and investments in a socially responsible and ethical manner.”
In becoming a signatory of the Principles for Responsible Investment, TIG will further extend its commitment related to ESG. The firm recognizes the responsibility to address these issues that can positively affect the performance of its investments. The six key Principles that TIG is committing to are:
- Incorporating ESG issues into investment analysis and decision-making processes.
- Being active owners and incorporating ESG issues into our ownership policies and practices.
- Seeking appropriate disclosure on ESG issues by the entities in which we invest.
- Promoting acceptance and implementation of the principles within the investment industry.
- Working together to enhance our effectiveness in implementing the principles.
- Reporting on our activities and progress towards implementing the principles.
“We are pleased to welcome Transwestern Investment Group as a signatory to the PRI,” said David Atkin, CEO at the Principles for Responsible Investment. “Responsible investment factors have significant relevance for the real estate sector, with a view to long-term risk management and value creation, and their importance is becoming increasingly understood and acted upon by the industry. We look forward to working with Transwestern Investment Group on these important issues as the sector continues to evolve.”
About the Principles for Responsible Investment
The Principles for Responsible Investment is the world's leading proponent of responsible investment. Supported by the United Nations, it works to understand the investment implications of environmental, social and governance 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 5,100 signatories, managing over $121 trillion AUM. For more information, visit www.unpri.org.
About Transwestern Investment Group
Transwestern Investment Group (TIG®) is a real estate investment adviser with $5.0 billion of assets under management. The firm serves a broad range of institutional and high-net-worth investors with its full-service investment management and Transwestern’s integrated operating platform.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for investors across commercial real estate services, development, and investment management. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
This document does not constitute an offer, solicitation or recommendation to sell or an offer to buy any securities, investment products or investment advisory services. Any offer or solicitation will be made only pursuant to a confidential private placement memorandum and subscription documents (the “Offering Materials”) and will be subject to the terms and conditions contained in such Offering Materials.
The investors included in this press release were not selected based on performance, but because they are some of the largest well-known investors with similar strategic alliances. It is not known whether these investors approve or disapprove of TIG or the services or products it provides.
Media Contact:
Molly McMurtry
713.231.1571
molly.mcmurtry@transwestern.com
twmediarelations@transwestern.com
