Annual Report 2025

This report is structured around the four focus areas as set out in our 2024-2027 strategy:  

• driving signatory progression;
• strengthening regional responsible investment ecosystems;  
• supporting and leading collaborative initiatives; 
• strengthening the enabling environment.   

We have also included our ”strategy enablers”, reports on our people and culture, finance and governance.    

Download the 2025 Annual Report

Strategic focus areas

Driving signatory progression on responsible investment while streamlining PRI mandatory reporting

Helping signatories implement our six principles and publicly demonstrate their progress is central to our work at the PRI. In 2024/25 we made the reporting process more efficient, and we invested in educating our signatories via the PRI Academy.

Strengthening regional ecosystems in both mature markets and emerging and developing economies

The PRI works at both the global and regional levels to influence system change, engage effectively with markets and create spaces for our signatories to progress as responsible investors.

We aim to have the right people on the ground in key regions to support our signatories, providing greater opportunities for sharing best practice, collaborative action and meaningful policy outreach. Where appropriate, we will work with network partners such as local sustainable investment groups and other associations to reduce duplication of effort and amplify our work.

We also aim to increase our strategic presence and improve the relevance of our work in China and emerging markets in Southeast Asia, Latin America, Sub-Saharan Africa, the Middle East and India.

Amplifying signatory impact by supporting and leading collaborative initiatives

In the 2024/25 financial year, more than 1,000 signatories took part in or endorsed investor initiatives led, co-led or supported by the PRI.

This figure is similar to the previous year, suggesting that despite industry headwinds, signatories still see significant benefits and value in collaboration. We have created new collaborative initiatives, including Spring, our stewardship initiative for nature, and expanded the Collaborative Sovereign Engagement on Climate Change.

Strengthening the enabling environment for responsible investment by influencing government and multilateral policy and financial market practices

During the 2024-25 financial year, our policy research and engagement continued to grow, building on financial and economic policy issues including sustainability disclosures, human rights and environmental due diligence, international climate policy, and the legal and policy framework for investing for sustainability impact. We also explored the nexus between human rights and nature issues, and the socio-economic impacts of the transition to net zero. Our comprehensive policy work spans seven jurisdictions: Canada, the US, UK, EU, Japan, China, Australia, and we have started policy work in Switzerland and Hong Kong SAR.

Globally, we held over 140 bilateral and group meetings and participated in or convened almost 50 events to build a shared understanding of policy reform between investors and policy makers across 21 jurisdictions. We also wrote and responded to more than 50 letters and consultations during the financial year.

Our Global Policy Reference Group is currently the largest in the organisation, with more than 170 members across 15 markets. In 2024-25, we convened 27 online sessions, and engaged with the group on 80 requests for feedback on consultations and policy research.

Closing words from our CEO, David Atkin:

I would like to thank you, our signatories, for your continued engagement and support. Underpinning our work is our determination to address your needs and add value to your work on responsible investment – and your input is essential to achieving this. Our reference groups and advisory committees are a perfect illustration: across climate, nature, human rights, system stewardship and asset class groups, hundreds of our signatories dedicate their time and expertise to informing our work, and we are truly grateful.

As I reflect on the past year, I am also prompted to look forward. This will be my final PRI annual report as CEO, as the search for my successor is now underway. I believe that the PRI’s foundations are strong, and the achievements outlined in this report have only served to further strengthen them – setting us up for continued success this year, and into the future.