All Governance issues articles
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Article
Investor associations call for preserving the timeline and integrity of the CSRD and ESRS Set 1
This PRI letter, co-authored with Eurosif, urges the European Commission to maintain the integrity and timeline for implementation of the CSRD and corresponding ESRS Set 1.
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Discussion paper
ESG, credit risk and ratings: part 4 - deepening the dialogue between investors, issuers, and CRAs
The second phase of the ESG in Credit Risk and Ratings Initiative, which this report summarises, has deepened the dialogue that the PRI started between investors and credit rating agencies (CRAs) in phase one. It has also broadened the outreach to other stakeholders – primarily borrowers, but also ESG information ...
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Blog post
How US anti-ESG laws raise borrowing costs for public finance
By Daniel Garrett, The Wharton School of the University of Pennsylvania; and Ivan Ivanov, Federal Reserve Bank of Chicago
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Article
Briefing: ISSB decisions on the first set of IFRS Sustainability Standards
From September 2022 to February 2023 the IFRS Foundation’s International Sustainability Standards Board (ISSB) made decisions on its first set of Sustainability Standards. This briefing note summarises all ISSB decisions and therefore provides insight on what information investors might receive from portfolio companies reporting against the final Standards.
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Blog post
Responsible private equity: Our data reveals some emerging best practices but there is more work to do
By Daram Pandian, Associate, Private Equity & Venture Capital, and Peter Dunbar, Head of Private Equity, PRI
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PRI reporting analysis
Inside PRI data: Investment manager practices
There are many responsible investment practices that are now widely practised among the PRI’s investment manager signatories. A large majority publish core policies and have executive oversight of their implementation.
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Podcast
Why tax should be on the agenda for responsible investors
In this episode, Sebastien Akbik, Corporate Governance Analyst at the PRI spoke with Kiran Aziz, Head of Responsible Investments from KLP and Daniel Mulé, Policy Lead, Extractive Industries Tax and Transparency from Oxfam America.
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Blog post
The effectiveness of divestment strategies
By Alex Edmans, London Business School; Doron Levit, University of Washington; and Jan Schneemeier, Indiana University
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Article
Are corporate boards responding to successful shareholder ESG proposals?
Why corporate board responsiveness to shareholder proposals that receive significant support matters, and how investors can emphasise their expectations for board ESG accountability to investees as the 2023 proxy voting season approaches
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Article
Filing a shareholder proposal in Australia
This country factsheet provides an overview of the key legal and technical processes related to filing a shareholder proposal in Australia
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Blog post
Sustainability outcomes: How can investors support the development of meaningful data?
By Stephen Andrews, Senior Data Analyst, and Julie Hammer-Monart, Senior Analyst, Sustainability Outcomes
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Policy report
Investor briefing: Signatory comments on SEC proposed rule
Signatory comments on the SEC Proposed Rule, “Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices”
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Blog post
Why we need to talk about resourcing stewardship
By Clara Melot, Specialist, Stewardship (Active Ownership 2.0), PRI
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Article
PRI supports progress on IFRS Sustainability Standards
This PRI statement welcomes the efforts by the IFRS Foundation and IOSCO to develop a globally shared baseline for reporting on sustainability-related financial information, encourages continued work towards this objective and calls for interoperability between the future IFRS Sustainability Disclosure Standards and jurisdictional initiatives.
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Discussion paper
How to consider tax in voting practices
Voting is an essential channel for investors to communicate their expectations on tax in a clear and quantifiable manner.
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Blog post
Altruism or self-interest: What drives employees to invest in their companies?
By Maxime Bonelli, HEC Paris; Marie Brière, Amundi, Paris Dauphine University, and Université Libre de Bruxelles; and François Derrien, HEC Paris
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Article
PRI statement on draft European Sustainability Reporting Standards
This PRI statement welcomes the latest draft European Sustainability Reporting Standards (ESRS) by the European Financial Advisory Group (EFRAG) and sets out five priority elements that co-legislators should retain within the final standards.
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Blog post
Venture capital investors must take ESG due diligence seriously – our new DDQ can help
By Daram Pandian, Associate, Private Equity & Venture Capital, and Peter Dunbar, Head of Private Equity, PRI
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Article
Corporate purpose: what investors need to know
An increasing number of policy makers, business leaders and academics are now embracing the idea that the purpose of a business is to create long-term value for all stakeholders, rather than simply maximise returns for shareholders