The PRI is funded primarily via the annual membership fee payable by all signatories.

Additional funding comes from grants from governments, foundations and international organisations. Corporate sponsorship and in-kind support is sought for standalone events and projects such as the annual PRI in Person conference and major publications. (For more information on funding that the PRI receives from partnering with other organisations, see the Partnerships section.)

The PRI receives no funding from the United Nations.

Full financial details are available in each year’s Annual Report

Annual fee

The annual signatory fee is payable each April and is scaled according to each signatory’s category.

Fees are calculated based on signatories’ latest AUM (for asset owners and investment managers) or number of investment staff (for service providers). For new signatories that have not reported yet, their fees will be calculated based on the figures provided when they signed up as a PRI signatory.

The PRI is a not for profit organisation and signatory fees and other revenue are spent on delivering value to our diverse signatories, through opportunities for learning and development, sharing best practices, collaborative engagement and driving responsible investment.

Asset owners

AUM (US$ bln)≥ 10050 – 99.9910 - 49.995 - 9.991 - 4.990.1 - 0.990 - 0.099
2024/25 fee (GBP) tbc tbc £10,054 £7,624 £3,514 £1,000 £547

Investment managers

AUM (US$ bln)≥ 500100 - 499.9950-99.9930-49.9910 - 29.995 - 9.991 - 4.990.1 - 0.990 - 0 .099
2024/25 fee (GBP) tbc tbc £16,283 £14,317 £13,020 £9,112 £5, 204 £1,966 £1, 298

Service providers

No. of investment staff> 20051-20026-50 10-25<10
2024/25 fee (GBP) 10,054 £7,624 £3,514 £1,000 £547

 

tbc is defined as “to be confirmed” as we are proposing two new fee bands for asset owner and investment manager signatories with the largest AUM which we believe will promote fairness and equity. By implementing this, we can ensure that each member contributes proportionately based on its fund size. Signatories will be asked to provide feedback on this change in the upcoming consultation in late March.

Discounts 

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. Please refer to the IMF’s list of eligible countries.

The PRI will bill service providers based on only their investment staff, where that service provider has distinct divisions that provide distinct services. If one of those divisions provides a service that is not relevant to investors (and therefore the principles), this division will be excluded from the fee calculation.

The PRI previously offered discounts for joint UNEP FI-PRI members and reciprocal fee arrangements. These were discontinued in 2017.

For further details or to apply for a discount, please contact [email protected].

ASSET OWNER IN EMERGING MARKET DISCOUNT

MIMI Group Limited

Asset owner

South Africa

Economus

Asset owner

Brazil

Brasilprev Seguros e Previdência

Asset owner

Brazil

Funcef

Asset owner

Brazil

FUNCESP

Asset owner

Brazil

Government Employees Pension Fund of South Africa

Asset owner

South Africa

Infraprev

Asset owner

Brazil

Khazanah Nasional Berhad

Asset owner

Malaysia

LA Retirement Fund

Asset owner

South Africa

Petros - Fundação Petrobras de Seguridade Social

Asset owner

Brazil

PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil

Asset owner

Brazil

Real Grandeza

Asset owner

Brazil

Sanlam Limited

Asset owner

South Africa

Valia

Asset owner

Brazil

SERVICE PROVIDERS BILLED FOR INVESTMENT STAFF ONLY

Normandin Beaudry

Service provider

Canada

PBI Actuarial Consultants Ltd.

Service provider

Canada

RECIPROCAL FEE ARRANGEMENT

Ceres

Service provider

United States

Tomorrow’s Company

Service provider

United Kingdom

International Corporate Governance Network (ICGN)

Service provider

United Kingdom

Interfaith Center on Corporate Responsibility

Service provider

United States

Gloal Sustain

Service provider

Greece

UNEP FI-PRI JOINT MEMBER DISCOUNT

Aquila Capital Green Assets GmbH

Investment manager

Germany

ClearBridge Investments

Investment manager

United States

Earth Capital Partners LLP

Investment manager

United Kingdom

Hermes Investment Management

Investment manager

United Kingdom

Inflection Point Capital Management UK Ltd.

Service provider

United Kingdom

Lendlease

Investment manager

Australia

MIROVA - Responsible Investing

Investment manager

France

Mitsubishi Corp. - UBS Realty Inc.

Investment manager

Japan

Northern Trust Asset Manager

Investment manager

United States

Pax World

Investment manager

United States

State Street Global Advisors (SSgA)

Investment manager

United States

ThomasLloyd Group

Investment manager

United Kingdom

Tribe Impact Capital LLP (provisional signatory)

Investment signatory

United Kingdom

Trillium Asset Management

Investment manager

United States

VicSuper

Asset owner

Australia

Grants

Funding entityPRI ProjectCurrencyAward
Grants awarded in 2022/23
Ceres (Bloomberg Philanthropies) The Investor Agenda & Net Zero Asset Manager Initiative USD  845,064
Bloomberg Philanthropies Net Zero Implementation USD  3,600,000
Gordon and Betty Moore Foundation Resilient Natural Systems engagement USD   3,000,000
Ceres Climate Action 100+ Year 5 USD   138,732
Ceres (Children’s Investment Fund Foundation) Climate Action 100+ Year 5 USD  461,126
Ceres (Laudes Foundation) Climate Action 100+ Year 5-7 USD  305,489
Ceres (Seachange Foundation) Climate Action 100+ Year 5 USD  230,287
Ceres (ClimateWorks Foundation) Climate Action 100+ Year 5 USD  145,442
Tipping Point Fund Legal Framework for Impact USD  152,000
Grants awarded in 2021/22
Ford Foundation Just transition in China USD  268,000
Ceres Climate Action 100+ Year 4  USD  123,727
Ceres (Sequoia Climate Foundation) Climate Action 100+ Year 4 USD   205,105
Ceres (Children’s Investment Fund Foundation) Climate Action 100+ Year 4 USD   383,277
Ceres (Laudes Foundation) Climate Action 100+ Year 4 USD  107,485
Ceres (ClimateWorks Foundation) Climate Action 100+ Year 4 USD  169,319
Ceres (Seachange Foundation) Climate Action 100+ Year 4 USD  196,696
European Climate Foundation ESG net zero data needs EUR  255,860
Grants awarded in 2020/21
New Venture Fund (Tipping Point Fund) Legal Framework for Impact USD 100,000
European Climate Foundation EU sustainable finance policy EURO  78,000
Bloomberg Philanthropies TCFD implementation USD  600,000
Ceres (KR Foundation) Climate Action 100+ Year 3 DKK 500,000 
Ceres Climate Action 100+ Year 3  USD 66,597 
Ceres (Children’s Investment Fund Foundation) Climate Action 100+ Year 3  USD  354,632
Ceres (Seachange Foundation) Climate Action 100+ Year 3  USD 240,883 
Ceres (ClimateWorks Foundation) Climate Action 100+ Year 3   USD 154,734
Ceres (Sequoia Climate Foundation) Climate Action 100+ Year 3  USD 183,152
Ceres (Sequoia Climate Foundation) Climate Action 100+ Year 3   USD 76,503 
Ceres Climate Action 100+ Year 3  USD 28,294
ClimateWorks Foundation IASB opinion on accounting standards   USD 128,875 
ClimateWorks Foundation The Investor Agenda  USD 202,001 
ClimateWorks Foundation The Inevitable Policy Response  USD 345,000
New Venture Fund (The Finance Hub) The Inevitable Policy Response  USD 335,000 
The Generation Foundation Legal Framework for Impact  GBP 2,000,000
Grants awarded in 2019/20
New Venture Fund (The Finance Hub) ESG in Credit Ratings Initiative USD 500,250
UNEP Finance Initiative Fiduciary Duty in the 21st Century USD 40,883
UNEP Finance Initiative Fiduciary Duty in the 21st Century USD 49,750
New Venture Fund (The Finance Hub) The Inevitable Policy Response USD  81,000
ClimateWorks Foundation The Inevitable Policy Response  USD 80,000
European Climate Foundation EU sustainable finance policy EURO 40,000
KR Foundation The Inevitable Policy Response  DKK 2,498,120
Ceres (ClimateWorks Foundation) Climate Action 100+ Year 2 USD  86,462
Ceres (SeaChange Foundation) Climate Action 100+ Year 2 USD   253,917
Ceres (Sequoia Climate Foundation) Climate Action 100+ Year 2 USD  139,030
Ceres Climate Action 100+ Year 2 USD   29,605
Hewlett Foundation Responsible investment  in China USD 500,000
Grants awarded in 2018/19
Bloomberg Philanthropies TCFD Preparer Forums USD 200,000
Department for Business, Energy and Industrial Strategy  City of London TCFD China pilot GBP  40,000 
Ceres (ClimateWorks & SeaChange)  Climate Action 100+ Year 1 USD  275,848 
Ceres (KR Foundation) Climate Action 100+ Year 1  DKK  157,267 
ClimateWorks Foundation  High Level Expert Group on Sustainable Finance USD  40,000
The European Climate Foundation  High Level Expert Group on Sustainable Finance GBP 40,000
Department for Business, Energy and Industrial Strategy Green Finance Assistance in China GBP  256,000
Generation Foundation Legal framework for Impact  GBP  500,000 
Gordon & Betty Moore Foundation Deforestation Collaboration Engagement  USD 713,875 
ClimateWorks Foundation  Inevitable Policy Response USD 150,000 
Grants awarded in 2017/18
ClimateWorks Foundation Climate forums USD  160,000 
The Finance Dialogue  TCFD country roadmaps  GBP 71,300 
Grants awarded in 2016/17
Ceres (Moore Foundation) Deforestation Collaboration Engagement  USD 297,231 
Grants awarded in 2015/16
Rockefeller Foundation ESG in Credit Rating Agencies  USD  339,840
The Generation Foundation (UNEP)  Fiduciary Duty in the 21st Century  USD  354,000