NEWPORT BEACH, Calif., July 12, 2017 (GLOBE NEWSWIRE) -- PIMCO, a leading global investment management firm, will be a Founding Partner of IMPACT 2030, an initiative that contributes to the achievement of the United Nations’ 17 Sustainable Development Goals (SDGs), through volunteerism.  PIMCO has a potential volunteer base of 2,150 employees, which will be working to support these goals.

A coalition of global companies worked in partnership to create IMPACT 2030 to support the 17 SDGs through the focused efforts of employee volunteers. The goals - set by 193 world leaders in 2015 - aim to end extreme poverty, fight inequality and injustice and address climate change by the year 2030.

“We are honored to be a founding partner of IMPACT 2030.  We firmly believe in the transformation that can be achieved through volunteering and giving back,” said Emmanuel Roman, PIMCO CEO and PIMCO Foundation Board President. “Through IMPACT 2030, we can direct the private sector’s abundant resources towards achieving these crucial goals.”

IMPACT 2030 is the only business-led effort designed to marshal the power of human capital investments – and the first time that companies proactively connect their corporate volunteering efforts to address the United Nations’ Development Agenda through collaboration across sectors and industries,” said Grady Lee, Chair of the Executive Committee for IMPACT 2030 and the co-founder of CorpsGiving.

 “In order to effect real change in the world, we need to make service a global movement,” said PIMCO Foundation Executive Director Sarah Middleton.IMPACT 2030 is the only initiative of its kind and scale, and we are so proud to be a part of it. Through cross-sector partnerships and collective efforts, we can take action, promote corporate volunteering and make a real difference in the world.”

About PIMCO
PIMCO is a leading global investment management firm, with offices in 11 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

About IMPACT 2030
IMPACT 2030 is the only private sector, partnership-led initiative focused on leveraging employee volunteer programs to directly and substantially contribute to the achievement of the United Nation’s global Sustainable Development Goals (SDGs). The initiative takes a collective and multi-sector approach to impact the SDGs and leverages economies of scale by encouraging collective and cooperative volunteering efforts of member organizations globally.

Learn more about IMPACT 2030 and join the global movement to leverage human capital to achieve the Sustainable Development Goals at www.IMPACT2030.com.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Contact:
For PIMCO
Laura Batty
E: laura.batty@pimco.com 

For IMPACT 2030 
M.A. Miller
E: Partnership@IMPACT2030.com