An overview of Advance

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Investors endorsing the initiative

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In assets managed by investors endorsing Advance (USD)

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Investors participating in engagements with companies

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Companies being engaged through Advance

About the initiative

Advance is a PRI-led collaborative stewardship initiative on human rights and social issues. The initiative was launched in December 2022 with the objective to advance human rights and positive outcomes for people through investor stewardship.

Investors seek to make progress through a range of stewardship tools and activities, including dialogue with companies and other stakeholders. At a high-level, investors set three key expectations for companies engaged through the initiative:

  1. Full implementation of the UNGPs – the guardrail of corporate conduct on human rights
  2. Alignment of their political engagement with their responsibility to respect human rights
  3. Deepening of progress on the most severe human rights issues in their operations and across their value chains

Engagement is underway with 35+ companies in the metals & mining and renewables sectors. Additional sectors and companies will be included in the initiative over time. Public policy engagement and dialogue with other key stakeholders will also be included in the future.

For further information, please read through the pages on our website. For information on how to sign-up to Advance, visit the Join Advance page and complete the sign-up form.

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Investor statement

Members of Advance endorse the initiative, its objectives and the investor statement. The statement outlines the investor case for advancing human rights, strategy for making progress and expectations of companies being engaged through the initiative.

View Investor statement

Advisory groups

The initiative is facilitated by the PRI Executive and supported by two voluntary advisory bodies

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Signatory advisory committee

This group is made up of PRI signatories and who provide guidance on the development and coordination of the initiative to support the PRI's decision making.

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Technical advisory group

This group is comprised of PRI stakeholders, such as NGOs, with deep expertise on human rights. The group provides technical advice on human rights and support engagement with affected stakeholders.