PRI local networks
PRI local networks were set up in response to signatory demand and PRI strategic priorities. The first PRI country network was launched in November 2008 in Brazil. Since then, PRI has established networks in South Africa, Korea, Japan and Australia. PRI local networks provide the following opportunities for investors:
- support implementation of the Principles in a local context;
- provide a platform for signatories to share ideas and best practices as well as create a networking and collaboration space;
- consolidate understanding of common challenges – focus on local / regional issues;
- encourage more signatories to get involved in global PRI activities;
- raise awareness about responsible investment and recruit new signatories;
- engage with local companies and policy makers collectively on specific ESG issues; and
- provide information to the PRI Secretariat on the issues and challenges facing local signatories.
Emerging Market Disclosure Project
Brazil
- The PRI Brazil Network was launched in November 2008. PREVI PRI Board member has taken a lead in managing this network and acts as the Network Chair. Currently, there are 46 PRI signatories and four working groups in Brazil; Integration working group, Engagement Working Group, Outreach Working Group and an Asset Owner Working Group.
South Africa
- The PRI South Africa Network was launched in May 2009 with the support of the Government Employees Pension Fund of South Africa (GEPF). There are 36 PRI signatories and 2 working groups in South Africa: Engagement Working Group and Outreach Working Group.
South Korea
- The PRI South Korea Network was launched in 2008. There are 18 PRI signatories in Korea.
Japan
- The PRI Japan Network was launched in March 2010. 18 signatories are taking part in the Japan Network in two working groups: implementation & disclosure and engagement working group.
Australia
- Currently, there are 119 PRI signatories in Australia. EPA Victoria has been organising regular meetings since 2008. The PRI Australia Network was launched in 2010 with support of PRI Advisory Council member CBUS.
Emerging networks
- The US and Canada networks are scheduled to be launched in 2011.