Russell Investments has signed the United Nations' Principles for Responsible Investment (UN PRI), reinforcing the company's commitment to environmental, social and corporate governance (ESG) concerns.

The principles are a voluntary set of global practices for integrating ESG issues into financial analysis, investment decision-making and ownership practices.

"Russell became a UN PRI signatory in recognition of the increasingly widespread client demand for strategic advice and solutions that take into account ESG considerations," said president and CEO Andrew Doman."These are issues that impact not only our clients' investment portfolios and long-term financial security, but also the business and personal communities in which our clients live and work around the world."

Russell adds it formed a sustainability council that will help it incorporate ESG considerations into manager research and product development.

Russell Investments, based in Tacoma, Wash., had $151 billion in assets under management as of June 30, and serves individual, institutional and advisor clients in more than 40 countries.