FT. LAUDERDALE, Fla., March 7, 2017 /PRNewswire/ -- Community Capital Management, Inc. (CCM), a leading fixed income impact investing manager, today announced that it has become a signatory to the United Nations-Supported Principles for Responsible Investment (UN PRI), enhancing its 18-year commitment to incorporating environmental, social, and governance (ESG) criteria into its investment philosophy and processes.
The UN PRI is internationally recognized as the world's leading proponent of responsible investments. The principles, which are voluntary, aim to provide a framework for integrating ESG considerations into investment decision-making and ownership practices.
CCM manages $2.3 billion and is a pioneer in managing fixed income impact investing and fossil fuel free portfolios. CCM incorporates the environmental and social aspects of ESG investing into its investment philosophy by proactively seeking market-rate bonds that positively contribute to economic and sustainable impact.
"Becoming a signatory to the UN PRI demonstrates the alignment of our impact investment goals with those of the global impact community," said David Sand, chief investment strategist at CCM. "As one of the largest U.S.-based fixed income impact investing managers, we are excited to participate in this globally recognized community, expanding our many commitments to partnerships with like-minded impact investing organizations."
"We are very pleased to welcome Community Capital Management as a new signatory," said PRI managing director Fiona Reynolds. "Their excellent track record of looking at the material risks around ESG issues and the impact these have on the investment decision making process makes them a natural fit for the PRI."
About Community Capital Management, Inc.
Community Capital Management, Inc. is an investment adviser registered with the Securities and Exchange Commission. Headquartered in Fort Lauderdale, Florida with offices in Charlotte, North Carolina and Boston, Massachusetts, the firm was founded in 1998 and currently manages over $2 billion in assets as of 12/31/16. CCM's flagship intermediate fixed impact investing strategy is available as a separate account or via a mutual fund. Other products managed by CCM include a liquid alternative income fund and customized separate account strategies. For more information, please visit www.ccminvests.com.
Community Capital Management, Inc. is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Past performance does not guarantee future results. Market conditions can vary widely over time and can result in a loss of portfolio value.
SOURCE Community Capital Management, Inc.
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