Source: FS Sustainability
Author: Angelique Minas
Date: 6 October 2025
Specialist real estate private credit investment manager Zagga has signed onto the UN-backed Principles for Responsible Investment (PRI).
In doing so, Zagga joins a global network of responsible investing advocates, and formalises its commitment to integrating ESG principles into its investment decisions and operational practises.
Independent chair of Zagga’s ESG committee and director of Singapore Green Finance Centre Nikki Kemp describes this as a significant milestone.
Kemp said: “This affirms Zagga’s commitment to responsible investment practices and reflects its belief that responsible investment considerations are essential to managing risk and delivering sustainable returns for investors.”
“Just as alternative assets have become more mainstream, ESG has moved from the periphery to the core of responsible investing. ESG is not just about doing good, it is proven to improve investment outcomes.”
As Australia’s private credit market grows, a formal commitment to ethical and responsible investing is becoming more prevalent.
In becoming a signatory, Zagga aligns itself with a growing number of private credit managers dedicated to incorporating ESG into business practices; from investment analysis and decision making to disclosures and reporting.
PRI chief executive David Atkin said: “We are delighted to welcome Zagga on board as a signatory to the PRI. Incorporating sustainability-related factors into analysis allows investors to gain sight of additional credit risk throughout the deal cycle, allowing them to make better-informed decisions and enhance long-term value.”
“Zagga’s commitment to responsible investment reflects a growing recognition of the importance of such analysis across all asset classes, and we look forward to working with them in the future.”
Chief executive and co-founder of Zagga Alan Greenstein said that signing the PRI underscores the company’s commitment to best practice.
“Private credit has become a core part of well-diversified portfolios as investors look to diversify risk away from public markets, bolster portfolio resilience, and secure stable, attractive income amidst increasing global volatility,” Greenstein said.
“With growth comes responsibility. As an investor-first business, ESG is no longer a ‘nice to have’ but a must to ensure we deliver for the global investors who entrust us with their capital.”
“We look forward to collaborating with other investment leaders, across asset classes and geographies, in the PRI community.”
Zagga established its independent ESG advisory committee in 2023, tasked with advising and overseeing the integration of these practises into investment and operational decision-making.
