2022-04-11
On April 11, 2022, Blue Ocean Capital Group ("BOCG") is pleased to announce that it has become an official signatory to the United Nations-supported Principles for Responsible Investment ("UN PRI"). As one of the Chinese leading investment firms focusing on healthcare sector to join UN PRI, BOCG is committed to promoting responsible investment and empowering sustainable development of the portfolio companies.
China's biotech industry has entered a new development era driven by the 14th Five- Year Plan. A rigorous environmental, social and governance (ESG) system has been placed increasing importance by the investment community. BOCG focuses on investing in innovative biotech, medical device, and med-tech companies. As an investment firm with strong sectoral expertise, BOCG is a firm believer of Capital for Good and determined to create positive impacts for companies and society through supporting innovative drug development and therapeutic methods to meet unmet medical needs.
"The development of the healthcare industry makes a difference in improving people's health, promoting economic development and social progress. BOCG has been advocating scientific innovation, patients' needs and clinical practice standards, joining the UN PRI reflects BOCG's determination to pursue impact investment and promote ESG in the industry," says Mr. Frank Yang founding partner and CEO of BOCG.
Leveraging UN PRI's well-established ESG guides and expertise, BOCG will systematically include material ESG factors in the practice of investment to satisfy unmet medical needs, foster industry innovation, improve access to health and corporate governance with great efforts.
About the United Nations-supported Principles for Responsible Investment
UN PRI is an investor initiative in partnership UNEP Finance Initiative and the UN Global Compact. Its goal is to help investors understand the investment implications of environmental, social and governance issues, encourage stakeholders' adoption of the principles, and support signatories in integrating these issues into investment and ownership decisions. By fostering good governance, integrity and accountability to achieve sustainable global financial system.
UN PRI has become the world's leading proponent of responsible investment, with more than 4,000 signatories from over 60 countries representing over US$120 trillion of assets.
