As a membership organisation, the PRI encourages all signatories to participate actively in its governance and strategic direction and provide feedback to the Executive on strategically important matters via formal consultations. The PRI’s Articles of Association require the PRI to formally consult with signatories before the adoption of its three-year strategic plan; making material changes to its governance structure; the Objects and/or Mission; the Principles; and signatory fee structure.
For each consultation, the PRI will publish a consultation document, allow a consultation period of at least a four weeks, and provide multiple channels for signatories and non-signatories (where relevant) to provide feedback, including at regional events and webinars. As part of its commitment to transparency, the PRI will publish a high-level summary of the feedback received from respondents and a formal response to this feedback from the PRI Board on this page after each consultation period closes, in addition to the full response submitted (including name, organisation and contact information).
STRENGTHENING ACCOUNTABILITY, RECOGNISING DIVERSITY
Consultation period: December 2015 – March 2016.
Consultation paper and questionnaire: available here (also available in French, German, Spanish and Portuguese)
Summary: This consultation is open to both signatories and non-signatories and has two overarching objectives:
- To determine how the PRI can better recognise diversity across its signatory base, allowing market forces to promote wider adoption of responsible investing practices while ensuring that the PRI remains inclusive and continues to welcome new signatories.
- To identify additional accountability mechanism/s that could be introduced to ensure signatories currently making little or no progress are incentivised to do more, and determine whether those who show no progress over time should be delisted.
Webinar: PRI Consultation on Recognising Diversity and Strengthening Accountability
Register here to join a webinar on 11 or 17 February to be informed on this major consultation. You will be able to access a replay of the webinar from a link on this page in mid-February.
RESPONSIBLE INVESTMENT BLUEPRINT
Consultation period: June-September 2015
Consultation Document (available June 2016)
Summary: The PRI is developing a Statement of Purpose for the financial system that will lead to projects to address systemic risks and sustainability challenges. As part of its 10-year anniversary, the PRI will consult with signatories and stakeholders on the direction of this work and how it should best be reflected in the PRI’s mission and Principles, including potential revisions to the Principles.