What's New

Vote forces European companies to report on sustainability
Annual reports of large companies in the European Union will soon have to include information on social and environmental impacts, after a landmark decision by the European Parliament. Members of the parliament voted by 599-55 in favour of a new regulation...
European pension providers to assess environmental risks
Institutions that manage pensions in Europe could be forced to evaluate climate change and environmental risks to their investments under new European Commission proposals. Article 29 of the commission’s newly published proposal for a directive...
PRI launches guide for private equity investors
The PRI today launched a new resource for signatories: Integrating ESG in private equity – A guide for general partners. 
Signatories engaged and satisfied - but more work to be done
The Principles for Responsible Investment (PRI) initiative today made public the results from a recent engagement and satisfaction survey of its 1,200 signatories. The survey received a 25% response rate and found that 75% of signatories would recommend...
PRI's Valeria Piani awarded for ESG article
PRI, Head of Investor Engagements, Valeria Piani recently received the 'Outstanding Author Contribution Award' for her work on “Organising the Collective Action of Institutional Investors: Three Case Studies from the Principles for Responsible...
Climate change hitting firms here and now
Most big European businesses are already experiencing negative impacts from climate change, according to a new survey. The CDP study of 270 of the largest listed...
Water risk filter upgrade as PRI prepares for engagement
Companies and investors are being offered an improved version of a popular online tool that helps them measure water risks and impacts across the globe. The Water Risk Filter, which was first released...
2014 GRESB Survey is now open
GRESB is widely recognised as the global standard for portfolio-level sustainability reporting in the real estate sector. Following the announcement of...
Stock exchanges create ESG data working group
Eleven stock exchanges from eight countries have set up a sustainability working group to try to ‘build consensus’ on the use of environmental social and governance (ESG) information. The working group has been created by the World Federation...
First euro-based World Bank green bond is snapped up
The first ever World Bank green bond to be issued in euros has been successfully placed with investors around the globe. The €550million three-year fixed rate bond was taken up by 21 investors, including Aegon, AP2, Barclays Treasury, Blackrock,...
Martin Skancke appointed as Chair of the PRI Advisory Council
The Principles for Responsible Investment (PRI) today announced the appointment of Martin Skancke as the new Chair of its Advisory Council. Mr Skancke, a leading global advocate of long-term and responsible investment, will join the PRI on 1 April...
PRI signatories target fracking disclosure
Global oil and gas production and servicing companies currently provide very limited disclosure of the risks and impacts associated with their hydraulic fracturing (fracking) activity, according to research commissioned by the Principles for Responsible...
First Bangladesh Accord inspection results made public
Results from the first ten inspections of garment factories in Bangladesh have been released by the Bangladesh Accord on Fire and Building Safety, an initiative set up by European apparel sector and retail businesses in the wake of the Rana Plaza fire...
Signatories provide views on scope for governance review
Following the announcement in September 2013 of the PRI’s intention to conduct a governance review, a draft scope was issued in February to signatories and other stakeholders for their comment. A range of asset owners, investment managers and service...
First PRI signatories complete reporting framework
Signatories from the US, UK, France and Australia were among the first to upload their reports, ahead of the PRI’s reporting deadline at the end of this month. A list...
PRI adds to US$ 34 trillion signatory strength
The United Nations-supported Principles for Responsible Investment (PRI) has seen strong signatory growth within the US, Europe and the Asia Pacific region over recent months. The first two months of 2014 saw the PRI add 30 new signatories...
US Network Manager appointed
The Principles for Responsible Investment (PRI) initiative today announced the appointment of Sonal Mahida as its new US Network Manager, based in New York. Ms. Mahida will be responsible for engaging with and supporting...
PRI request independent provider for governance review
The Principles for Responsible Investment (PRI) today released a Request for Proposals for an independent provider to conduct the upcoming governance...
Fixed income the 'neglected child' of responsible investment
Fixed income has historically been the ‘neglected child’ of responsible investment, taking a backseat to equities and other asset classes, according to a panel of investors discussing the rationale for integrating environmental, social and governance...
PRI signatories invited to contribute to scope of governance review
As announced at the Signatory General Meeting (SGM) in October 2013, the PRI has committed to undertake an independent governance review to the highest standards of impartiality, transparency and accountability. The aim of this review is to...
PRI and ICGN present board effectiveness session
3 February 2014, London - There is a great need to ensure the right skill sets are present to enable boards to effectively protect and create long-term shareholder value, according to the Principles for Responsible Investment (PRI)...
Academic Network releases RI Quarterly on topic of fiduciary duty
The PRI Academic Network is pleased to announce the release of the second volume of the RI Quarterly. The theme of this issue focuses on fiduciary duty, and reviews the following seven articles:
PRI responds to UK law commission consultation on fiduciary duty
The Principles for Responsible Investment (PRI) Initiative provided a response to the UK Law Commission’s Consultation on Fiduciary Duty of Investment Intermediaries.
Companies tackle the dilemma of short-termism
Addressing investor short-termism on corporate sustainability and focusing capital on the long-term was the focus of a high-level meeting of chief executives and senior financial sector leaders, held 22 January in Davos.
Signatory satisfaction survey
The PRI is seeking signatory feedback regarding the events, products and services we currently offer and direction as to how we can serve signatories better.
PRI responds to Danish signatory delistings
The PRI acknowledges that today it received correspondence from six Danish pension schemes - ATP, Industriens Pension, PensionDanmark, PFA, PKA and Sampension - advising us of their decision to delist from the PRI citing governance concerns.
PRI paper explores link between ESG factors and corporate credit risk
The Principles for Responsible Investment (PRI) Initiative published a new discussion paper on 12 December 2013 examining the link between environmental, social and governance (ESG) factors and corporate credit risk to help signatories better understand...
PRI welcomes clarity on shareholder cooperation from ESMA
LONDON, 21 November 2013 – The Principles for Responsible Investment (PRI) today welcomed clarification from the European Securities and Markets Authority (ESMA) on ‘acting in concert’ rules governing investor cooperation across EU member states.
PRI Academic Network Conference Awards recognise excellence in responsible investment research
The relationship between ESG issues and credit risk, how private equity funds can foster CSR within portfolio companies, and the state of ESG integration by asset managers were among the topics explored by seven new academic papers winning awards as...
Launch of the RI Quarterly
The PRI Academic Network is pleased to introduce the RI Quarterly, a new publication which aims to provide investment professionals...
PRI unveils new Reporting Framework
Investment institutions in 50 countries managing US $34 trillion to be covered by the world’s most comprehensive reporting regime for investor responsibility, accountability and sustainability from October 1. Signatories that fail to report will...
PRI welcomes Peter Webster and Colin Melvin to its Advisory Council
LONDON, 18 September 2013 – The Principles for Responsible Investment Initiative (PRI) today announced that two new members had joined its Advisory Council following its annual signatory elections.
Sovereign Bonds and ESG: The materiality of ESG factors in the $47 trillion sovereign bond market
The PRI has published a new discussion paper exploring the relationship between ESG factors, sovereign credit risks and investment performance. It aims to prompt institutional investors to take a more holistic view of credit risks in their sovereign...
PRI Executive Director, James Gifford, moving on after 10 years at the helm
The Principles for Responsible Investment  today announced that Dr. James Gifford, the founding Executive Director of the initiative, is moving on to take up new challenges. He will continue to fulfill the responsibilities of his role until the end...
Helene Winch to join PRI as Director of Policy and Research
The PRI Initiative is pleased to announce the appointment of Helene Winch as its new Director of Policy and Research, based in London. Helene will commence work at the end of September to develop and implement the PRI’s newly formed policy and...
NYSE Euronext Joins the United Nations Sustainable Stock Exchanges Initiative
NEW YORK, 24 July 2013 - NYSE Euronext, parent company of the New York Stock Exchange, today announced that it will join the United Nations Sustainable Stock Exchanges (SSE) initiative to promote sustainable capital markets. As a global exchange group...
PRI Advisory Council Chair opening
The PRI Initiative is seeking a Chair of its peak governance body, the Advisory Council. The 16-person Council is responsible for setting the strategic direction of the Initiative, and is made up of CIOs, CEOs and trustee directors of signatory institutions,...
Call for applications to join PRI Association Board
There is a vacancy for an additional member of the PRI Association Board (Board) and the PRI Initiative is calling for applications from signatories interested in serving.PRI Association Board 
PRI welcomes donation from The Marathon Club
The Principles for Responsible Investment (PRI) Initiative today welcomed the donation of £38,000 from The Marathon Club, a collaboration of 18 investment organisations representing combined funds under management in excess of £170 billion. Formed...
Institutional investors achieve greater disclosure of bribery and corruption risks
A three-year engagement by PRI signatories has resulted in improved transparency and disclosure of anti-corruption strategies, policies and management systems by several global companies with significant exposure to corruption risk. Three...
Consultation Draft of the International Integrated Reporting Framework released
The global evolution of corporate reporting has taken another significant step forward with the recent release of the Consultation Draft of the International Integrated Reporting <IR> Framework. ...
Investors managing US$ 3 trillion encourage participation in the UN Global Compact
A coalition of 34 institutional investors managing approximately US$ 3.3 trillion in assets are encouraging 1900 companies, located in 44 countries, to consider joining the United Nations Global Compact as part of the “PRI for Rio” collaborative...
PRI contributes to new handbook on responsible investment in Germany
PRI welcomes the publication of the PRI Leitfaden, a handbook on responsible and sustainable investment in Germany, by the German Ministry of the Environment....
ESG Disclosure Framework for Private Equity
Following a 16 month consultation and drafting process that involved a group of more than 40 limited partners (LP), 20 industry associations (including the PRI Initiative) and 10 leading general partners (GP), a new Environmental, Social...
Principles for Investors in Inclusive Finance Report on Progress 2012
The PRI Initiative’s Principles for Investors in Inclusive Finance (PIIF) together with CGAP have released a report demonstrating sustained commitment to responsible initiatives. The new Report on Progress reflects indicators as defined by...
New publications: Aligning Expectations and Integrated Analysis
The PRI Initiative has released two new publications which highlight the innovative use of environmental, social and governance (ESG) information in investment analysis and show how pension funds and other asset owners can incorporate ESG into their...
PRI consultation: Overcoming strategic barriers to a sustainable financial system
Responsible investment practitioners know from direct experience that short-termism, misaligned incentives in the investment chain, environmental and social externalities, instability in the financial market as a whole and a range of other factors...
The integration of ESG issues in M&A transactions
The PRI Initiative commissioned PwC to produce this study which highlights the increasing materiality of ESG issues in M&A of private equity portfolio companies. The publication, "The integration of Environmental, Social and Governance...
PRI launches new website
The PRI Initiative has launched a new website, with improved functionality, design, and navigation. The PRI Initiative has an important role in the responsible investment and financial sectors, and the new website has been designed to best reflect...
2013 PRI in Person update
PRI in Person, the responsible investment event of the year, will be held in Cape Town from 1 - 2 October 2013. More details to follow shortly.
World's largest investors call for more decisive action by governments on climate change
Representing trillions in assets under management, global investor groups issue an open letter to governments. Press release.
Fiona Reynolds to join PRI as Managing Director
In this newly created role, Ms Reynolds will work alongside Executive Director, James Gifford, and will oversee key areas such as organisational development, signatory relations and outreach, communications, events, finance, operations, administration,...
PRI Governance
The PRI Initiative has published a new document to provide signatories and other stakeholders with additional transparency about how the Initiative is governed. It sets out the key decision-making...