FINANCIAL INFORMATION

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

FEES

The annual signatory fee is payable each April and is scaled according to each signatory’s category, type and assets under management or number of staff. The PRI Board approved the signatory fee levels for 2018/19 at its September 2017 meeting. It was agreed that the only increase from 2016/17 levels would be in line with UK inflation.

Asset owners

AUM
(US$ bln)

2017/18
fee (£)​

2018/19
fee (£)​

>50 8,190 8,440
30 - 50 8,190 8,440
10 - 29.99 8,190 8,440
5 - 9.99 6,210 6,400
1 - 4.99 2,860 2,950
0.1 - 0.99​ 820​ 840
0 - 0.09​ 450​ 460

Investment managers

AUM
(US$ bln)

2017/18
fee (£)​

2018/19
fee (£)​

>50​ 13,270​ 13,670
​30 - 50 11,670​ 12,020
​10 - 29.99 10,610​ 10,930
​5 - 9.99 7,430​ 7,650
1 - 4.99​ 4,240​ 4,370
0.1 - 0.99​ 1,600​ 1,650
0 - 0.09​ 1,060​ 1,090

Service providers

Employees

2017/18
fee (£)​

2018/19
fee (£)​

>​200 8,190 8,440
​51 - 200 6,210 6,400
26 - 50 2,860 2,950
11 - 25 820 840
<10 450 460

DISCOUNTS AND WAIVERS

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 World Economic Outlook 2017 (Statistical Appendix, p.224) for a full list of eligible countries

The PRI will consider reciprocal fee arrangements with organisations whose work is closely aligned with the Principles and the PRI’s strategic plan, where such an arrangement business sense for both organisations.

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.

A pilot UNEP FI-PRI joint member discount ran for two years until 2017, when it was discontinued. 

For further details or to apply for a discount, please contact Katherine Pruski
 

Signatories granted a discount in 2017/18:

ASSET OWNER IN EMERGING MARKET DISCOUNT

SIGNATORY

CATEGORY​

COUNTRY

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