In 2020, signatories voted to elect an asset owner and an investment manager to the board. They also voted to confirm the appointment of the chair, to receive the PRI Annual Report and accounts and to approve the Signatory General Meeting minutes.
Signatories were invited to vote from 21 October 2020 until 4 December 2020 on the five elements of PRI governance set out in the table below.
| Voting item | Asset owners | Investment managers | Service providers |
|---|---|---|---|
| Vote for one asset owner representative in the PRI Board election | ✔ | ||
| Vote for one investment manager representative in the PRI Board election | ✔ | ||
Vote to confirm the appointment of the Chairi |
✔ | ✔ | ✔ |
Vote to receive the PRI Annual Report and accountsii |
✔ | ✔ | ✔ |
Vote to approve the Signatory General Meeting minutes |
✔ | ✔ | ✔ |
View information on signatory rights
Asset owner representative votes
Each asset owner signatory had the opportunity to vote for one candidate out of the five nominated. Renosi Mokate was re-elected as a board director for three-year term.
| Asset owner candidates | Votes |
|---|---|
| Renosi Mokate, Chairperson, GEPF Board of Trustees, GEPF | 141 (55.3%) |
| Rafael Castro, Executive Manager of Compliance and Internal Control, PREVI | 41 (16.1%) |
| Patricia Alejo, Portfolio Manager, Pontificia Universidad Javeriana | 35 (13.7%) |
| Juan Camilo Osorio Londono, Chairman of the Board, Afore Sura | 25 (9.8%) |
| Kamal Mitha, Head Investments, Sasria | 13 (5.1) |
| Abstain | 19 (6.9%) |
| Total | 274 |
Investment manager representative votes
Each investment manager signatory had the opportunity to vote for one candidate out of the seven nominated. Tycho Sneyers was re-elected as a board director for three-year term.
| Investor manager candidates | Votes |
|---|---|
| Tycho Sneyers, Managing Partner, LGT Capital Partners | 337 (35.8%) |
| Jessica Malmfors, CEO, Nordea | 190 (20.2%) |
| Carola van Lamoen, Head SI Center of Expertise, Executive Director, Robeco | 166 (17.6%) |
| Alyssa Go, VP of Sustainability, RRG Capital Management | 99 (10.5%) |
| Roelfien Kuijpers, Global ESG Client Officer, DWS Group | 82 (8.7%) |
| Longhai Qian, Chair of Supervisory Board, First Capital Securities Co., Ltd | 45 (4.8%) |
| Peter Greenwood, Director of ESG and Impact, TriLinc Global, LLC | 23 (2.4%) |
| Abstain | 51 (5.1%) |
| Total | 993 |
Voting breakdown
| Voting item | For | Oppose | Abstain | Total |
|---|---|---|---|---|
| Confirm the appointment of the chair1 | 1301 (99.5%) |
7 (0.5%) |
85 (6.1%) |
1393 |
| Votes by asset owner signatories to confirm the appointment of the chair1 | 256 (99.2%) |
2 (0.8%) |
16 (5.8%) |
274 |
| 2020 Annual Report and accounts2 | 1272 (99.8%) |
3 (0.2%) |
18 (8.5%) |
1393 |
| 2020 Signatory General Meeting (SGM) minutes | 1171 (99.9%) |
1 (0.1%) |
221 (15.9%) |
1393 |
Abstain % is calculated as number of abstain votes divided by total votes.
2020 election participation
Total 39.8% signatories participated in the 2020 voting.
| Election name | Electors | Votes | Turnout (%) |
|---|---|---|---|
| Asset owner ballot | 568 | 274 | 48.2% |
| Investment manager ballot | 2552 | 993 | 38.9% |
| Service provider ballot | 378 | 126 | 33.3% |
| Total | 3498 | 1393 | 39.8% |
2021 board elections
The PRI Board annual elections is for four asset owner and one investment manager representative positions. The call for nominations will begin in June 2021, with voting commencing in September 2021.
To register your interest in advance, please contact: governance@unpri.org.
