The committees facilitate the workings of the board. The board reports on the activities of each committee in the Signatory General Meeting (SGM) papers.
Finance Audit and Risk
Members: Wilhelm Mohn (chair), Denísio Liberato, Takeshi Kimura
The committee’s role is to provide assurance to the Board as to: the veracity of the financial statements, the efficacy of risk management and the strength, the efficacy of compliance controls; and strength and appropriateness of control processes across the PRI.
Governance
Members: Sharon Hendricks (chair), Rebeca Minguela, Takeshi Kimura, Sanda Ojiambo, Tycho Sneyers
The committee’s purpose is to provide guidance to the Executive and make recommendations to the Board as necessary on: the Board and company’s governance, including guidelines, policies and practices; the PRI Board’s effectiveness, including skills, diversity and expertise; the PRI Board elections; signatory categorisation; and signatory accountability and any other issues around signatory status.
People and Culture
Members: Renosi Mokate (chair), Wilhelm Mohn, Sharon Hendricks
The committee’s role is to oversee the people strategy to ensure that the human resources and remuneration arrangements create a positive culture aligned to the PRI values and support the strategic aims of the PRI Association to enable the recruitment, motivation and retention of employees while complying with the requirements of regulatory and governance bodies, satisfying the expectations of signatories and remaining consistent with the expectations of the wider target employee population. The committee is also responsible for PRI chair review process.
Policy
Members: Eric Usher (chair), Wendy Cromwell, Takeshi Kimura, Laetitia Tankwe, Denísio Liberato
The committee’s purpose is to guide the preparation of financial system, policy and ‘drive meaningful data’ related content for the Board. This would include strategic guidance on the activities to realise a sustainable financial system (as set out in the PRI’s mission) and oversight of the PRI’s programme to drive meaningful data throughout markets.
Reporting and Assessment Framework Oversight
Members: Laetitia Tankwe (chair), Wendy Cromwell, Wilhelm Mohn,
The committee’s purpose is to provide oversight of the development of the new PRI Reporting and Assessment Framework, including: the objectives and purpose, within the wider context of signatory reporting requirements; the development of the ‘content’ and its strategic alignment; key signatory communications; and the IT infrastructure, and related governance, risks, and dependencies, to be able to provide independent input and advice to the PRI Board when required.
This is an ad hoc committee, and the expectation is that the committee will cease to operate in 2023 with the completed roll-out of the new Reporting and Assessment Framework, or when the board consider that the committee is no longer necessary.
Signatory Experience and Value Proposition
Members: Tycho Sneyers (chair), Rebeca Minguela, Renosi Mokate, Laetitia Tankwe
The committee’s role is to the support the board on key signatory experience areas, including the PRI value proposition and signatory engagement.
If you have any queries related to the board committees or would like to contact the respective committee chairs, please contact governance@unpri.org.
