Summary of income
Between 1 April 2021 and 31 March 2022, total income grew to £26.8 million, up from £21.5 million in 2020/21.
|Grants, donations, other*||3,214||3,750||3,054|
|PRI in Person/
Digital Forum income surplus
Grants, donations and other income
Projects funded with grants: Projects funded with grants: A Legal Framework for Impact, Building the responsible investment market in China, Driving Forward TCFD Implementation, The Inevitable Policy Response, ESG in Credit Risk and Ratings, ESG Data Providers, Climate Action 100+, The Investor Agenda.
Projects funded with restricted fees: UN Asset Owner Alliance and Transition Pathway Initiative.
Summary of consolidated expenditure
Between 1 April 2021 and 31 March 2022, total expenditure (excluding PRI in Person) grew to £24.7 million, up from £18.5 million in 2020/21.
2021/22 actual expenditure
Bought-in services, consulting and research: David Pitt Watson (Analysis report for CA100+), Chronos Intelligent Sustainability (Responsible political engagement, Guidance on shareholder resolution), London School of Economics (TPI), PWC (Data and technical support, Digital transformation support), KPMG (Strategic change initiatives support), Right Lane (Programme planning and rhythm of performance project).
Expenditure by area
|Management and Operations||3,823||5,415||6,827|
|Global Outreach and Networks||3,143||3,862||4,882|
|Communications & Events||1,793||2,065||2,548|
|Reporting and Assessment||1,624||2,304||3,127|
|UN Asset Owner Alliance||191||839||1,185|
|Consulting and research||533||439||475|
Number of employees by department
|March 2021||March 2022||Forecast |
|Reporting and Assessment||14||18||26|
|Global outreach and networks||33||42||48|
|Management and Operations||26||42||46|
|Communications and Events||18||25||31|
After taking into account interest receivable, depreciation and tax 2021/22: £1.7 million (2020/21 £2.6 million).
Increased to £13.9 million by the end of 2021/22, up from £11.8 million (2020/21). This includes restricted funds (£1.5 million) and sponsorship from PRI Barcelona (£1.6 million).
For the PRI Association Directors’ report, group strategic report and consolidated financial statements for the year ended 31 March 2022, click here.