Stride Ventures, a venture debt firm has announced its commitment to adopting the United Nations-supported Principles for Responsible Investment (PRI).
The PRI is a global network of asset managers, owners, and service providers working to implement responsible investment practices. Its voluntary principles provide a framework for integrating ESG considerations into investment and ownership decisions.
A statement said by aligning with the PRI guidelines Stride Ventures will further strengthen its commitment to responsible investment.
Stride Ventures Founder and Managing Partner Ishpreet Singh Gandhi said, “As we go global, this alliance marks a key milestone in our journey. Becoming a PRI signatory underscores our commitment to a holistic approach, including a focus on ESG issues across all facets of business, and reinforces our role as responsible investors.”
Stride Ventures has supported more than 150 companies and has 15 unicorns under its portfolio.