The PRI is funded primarily via an annual membership fee payable by all signatories. Additional funding comes from grants from governments, foundations and international organisations. Corporate sponsorship is sought for standalone events such as the PRI’s annual event, PRI in Person, as well in-kind support from signatories and other generous contributors for specific events and projects. The PRI receives no funding from the United Nations.
Signatory fees 2016/17
The annual signatory fee is payable each April and is scaled according to each signatory’s category, type and assets under management. The PRI Board approved the signatory fee levels for 2016/17 at its September 2015 meeting. It was agreed that the only increase from 2015/16 levels would be in line with UK inflation.
Asset Owner signatories
Investment Manager signatories
Service provider signatories
|30 – 50||7,950||30 – 50||11,330||51 – 200||6,030|
|10 – 29.99||7,950||10 – 29.99||10,300||26 – 50||2,780|
|5 – 9.99||6,030||5 – 9.99||7,210||11 – 25||800|
|1 – 4.99||2,780||1 – 4.99||4,120||<10||440|
|0.1 – 0.99||800||0.1 – 0.99||1,550|
|0 – 0.09||440||0 – 0.09||1,030|
Please note that the annual signatory fee is non-refundable.
Fee discounts and waivers are granted to signatories only in exceptional circumstances.
- Asset owners: Asset owners headquartered in a country classified by the IMF as an emerging market or developing economy are entitled to apply for a fee discount for up to two years. Please refer to the IMF’s World Economic Outlook 2014 (Statistical Appendix, p.158) for a full list of eligible countries.
- Reciprocal arrangements: The PRI will consider reciprocal fee waivers with organisations whose work is closely aligned with the Principles and the PRI’s strategic plan, where this makes business sense for both organisations to do so.
- Service providers: The PRI will consider billing service provider signatories based on the number of investment staff at the organisation, rather than the total number of staff, where this would result in a change of fee band.
A list of signatories that have been granted a fee waiver or discount can be found below. This list will also be made available in the PRI’s Annual Report from 2016 onwards.
For further details or to apply, please contact Katherine Pruski, Senior Manager, Signatory Operations, at Katherine.Pruski@unpri.org.
|International Corporate Governance Network (ICGN)||UK||Service Provider|
|Global Sustain||Greece||Service Provider|
|Interfaith Center on Corporate Responsibility||USA||Service Provider|
|AlphaFixe Capital Inc.||Canada||Investment Manager|
|PREVI – Caixa de Previdência dos Funcionários do Banco do Brasil||Brazil||Asset Owner|
|Real Grandeza||Brazil||Asset Owner|
Eight signatories from the United Kingdom, France, Brazil and South Africa who were granted fee discounts in 2015/16 did not give the PRI permission to share this information. This includes 6 asset owners, 1 investment manager and 1 professional service provider. From 2016/17 onwards, the details of every signatory granted a discount will be published on the PRI’s website and in the Annual Report without exception.
PRI Enterprises was incorporated in November 2013 as a subsidiary of the PRI Association. It was created to act as a vehicle for any future activity of PRI Association that may be commercial in nature. PRI Enterprises also houses the PRI Academy which was acquired in September 2014.