KraneShares Annouces Incorporation of Environmental Social Governance Policy
NEW YORK, NY Jan 11, 2019 — Krane Funds Advisors, LLC, (KFA) announced the integration of an Environmental, Social and Governance (ESG) policy which will help guide KFA business and investment processes. In 2019, KFA signed the United Nations-supported “Principles for Responsible Investment” (PRI) to support our commitment to responsible investing. KFA has formally incorporated an ESG policy into our corporate mandate to uphold the six principles of responsible investing laid out by the United Nations.
“As a fiduciary, we believe it is critical to understand and communicate ESG concerns to our clients” said Jonathan Krane, Chief Executive Officer of KraneShares.
Exercising voting rights is one of the most effective ways for investors to communicate with management teams. As such, KFA has established internal guidelines, which we believe to be best practices, for proxy voting. In addition to our internal guidelines, we have engaged a third-party to assist with our proxy research and voting. As part of our ongoing ESG effort, we will engage with other third-party research and ESG consultants.
When possible, KFA will provide information on ESG, Socially Responsible Investing (SRI) or impact characteristics on strategies to clients. An important part of our investment process includes our frequent and on-going engagement with management teams and attendance at industry conferences. This helps with our ESG analysis and effort to advocate for best practices.
KFA recognizes the importance and its responsibility to promote a clean and healthy environment for future generations. As a global corporate citizen and signatory to the UN-supported “Principles for Responsible Investment,” we are committed to understanding ESG issues and advocating for best practices.
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China-focused ETFs provides investors with solutions to capture China’s importance as an essential element of a well-designed investment portfolio. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. We help investors stay current on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC). Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting www.kranesharesnet.wpengine.com. Read the prospectus carefully before investing.