To complement the library of PRI resources available throughout the website, below is a list of publications on responsible investment from other organisations, including PRI signatories, industry associations, non-profit organisations and media outlets. 

The list is provided as a potentially useful starting point for further reading – a publication’s inclusion does not constitue explicit PRI endorsement of its content, in whole or in part.

NameMain authorsYearAuthor typeAsset class
2019 U.S municipal green bond & resiliency outlook: will the self-labelled market rebound? S&P Global 2019 Service provider Fixed income sub sovereign
Adding value through active engagement UBS Asset Management 2018 Investment manager Equity
Aim higher: helping investors move from ambition to action with ESG investment approaches State Street Global Advisors 2018 Investment manager Multiple
Changing course: a comprehensive investor guide to scenario-based methods for climate risk assessment in response to the TCFD UNEP FI 2019 Non profit organisation Multiple
Corporate bonds, bondholders and corporate governance OECD 2015 Government Fixed income corporate
ESG & corporate financial performance: mapping the global landscape DWS Group 2015 Investment manager Equity
ESG in private equity: how to write a responsible investment policy BSR 2019 Non profit organisation Private equity
ESG integration in sovereign portfolios Aegon Asset Management 2018 Investment manager Fixed income sovereign
ESG integration insights - Payden and Rygel case study Sustainability Accounting Standards Board (SASB) 2017 Non profit organisation Fixed income corporate
ESG integration into fixed income research Itaú Asset Management 2014 Investment manager Fixed income corporate
ESG toolkit for fund managers CDC 2018 DFI Private equity
ESG, SRI, and impact investing: a primer for decision-making The Vanguard Group 2018 Investment manager Equity
Evaluating the impact of climate change on US state and local issuers Moody’s Investor Service 2017 Credit rating agency Fixed income sub sovereign
Foundations of ESG investing: part 1: how ESG affects equity valuation, risk, and performance MSCI 2017 Data provider Equity
Giving credit where its due: ESG factors in EM sovereign debt Lazard Asset Management 2017 Investment manager Fixed income sovereign
Global investor study: global perspective on sustainable investing 2019 Schroders 2017 Investment manager Multiple
Governance in emerging market private capital EMPEA 2019 Industry association Private equity
How ESG investing has impacted the asset pricing in the equity market Amundi 2018 Investment manager Equity
How Moody’s assesses the physical effects of climate change on sovereign issuers Moody’s Investor Service 2016 Credit rating agency Fixed income sovereign
Is ESG a factor? Northern Trust Asset Management 2018 Investment manager Equity
Looking for best of both worlds: investors turn to ESG to fulfil personal and performance expectations Natixis Investment Managers 2018 Investment manager Equity
Materiality map (tm) Sustainability Accounting Standards Board (SASB) 2018 Non profit organisation Multiple
Our sovereign ESG framework PGIM Fixed Income 2017 Investment manager Fixed income sovereign / supranational
Performance for the future: ESG’s place in investment portfolios. Today and tomorrow State Street Global Advisors 2017 Investment manager Equity
Pricing ESG risk in credit markets Hermes Investment Management 2017 Investment manager Fixed income corporate
Responsible investments: shaping the future of investing Swiss Re 2017 Asset owner Fixed income corporate
Sleeping giants: are bond investors ready to act on climate change? ShareAction 2019 Non profit organisation Fixed income corporate
SRI and performance: impact of ESG criteria in equity and bond management processes Amundi 2014 Investment manager Equity/Fixed income corporate
Sustainability and satellites - new frontiers in sovereign debt investing WWF and Investec Asset Management 2019 Non profit organisation and investment manager Fixed income sovereign
Sustainability: the future of investing Blackrock 2019 Investment manager Equity
Sustainable investing and bond returns Barclays Investment Bank 2016 Investment manager Fixed income corporate
Sustainable investing education primer: ESG engagement equities UBS Asset Management 2018 Investment manager Equity
The ESG advantage in fixed income investing: an empirical analysis Calvert Investments 2015 Investment manager Fixed income corporate
The green bond market in Europe 2018 Climate Bonds Initiative 2018 Non profit organisation Fixed income
The impact of ESG investing in corporate bonds Fidelity International 2018 Investment manager Fixed income corporate
The importance of sustainability criteria in assessing the opportunities and risks of investing in corporate bonds ISS-oekom 2014 Data provider Fixed income corporate
The value of ESG data: early evidence for emerging market equities Cambridge Associates 2016 Investment consultant Equity
Towards a sustainable infrastructure securitisation market: the role of collateralised loan obligations (CLO) G20 Sustainable Finance Study Group 2018 Government Fixed income securitised
Energy Efficiency – the first fuel for the EU Economy; How to drive new finance for energy efficiency investments EEFIG 2015 NGO Real estate
Quantifying “green alpha”: Measuring the excess returns generated through sustainability Impax Asset Management 2015 Investment Manager Real estate
ESG in Real Estate: Research analysis on Environmental, Social and Corporate Governance factor materiality for private Real Estate portfolios Allianz SE 2016 Asset Owner Real estate
The crisis of affordability in real estate: An investment case for housing in the middle of the pyramid MSCI 2016 Index Provider Real estate
Acquisitions sutstainability toolkit Better Buidling Partnerships 2017 Industry Association Real estate
Real Estate Environmental Benchmark Better Buidling Partnerships 2017 Industry Association Real estate
The financial performance of real assets impact investments Cambridge Associates 2017 Service Provider Real estate; Forestry/Timber
Green Building Investments EBRD 2017 NGO Real estate
Climate risk for REITs 427 and GeoPhy 2018 Service Provider Real estate
Climate-related investment & insurance report Axa 2018 Investment Manager Multi
International Green Building Adoption Index 2018 CBRE 2018 Investment Manager Real estate
ESG Dashboard NAREIT 2018 Industry Association Real estate
Net Zero Carbon Buildings: A Framework Definition UKGBC 2018 Industry Association Real estate
Greenprint Performance Report. Volune 10 Urban Land Institute 2019 Industry Association Real estate
The Sustainability Barometer™ - 2019 Edition Green Soluce 2019 Service Provider Real estate
Connecting the dots to financial performance Principal Global Investors 2017 Investment Manager Real estate
Climate risk in private real estate portfolios: What’s the exposure? MSCI 2019 Service Provider Real estate
Carbon Risk Real Estate Monitor EU 2019 Governmental Institution Real estate
Embodied Carbon in Construction Calculator (EC3) Carbon Leadership Forum 2019 NGO Real estate
Understanding the impact of climate change on real estate lending and investment portfolios CISL 2019 Academic Institution Real estate
Changing course: real estate – TCFD pilot project report and investor guide to scenario-based climate risk assessment in real estate portfolios UNEP FI 2019 UN Initiative Real estate
Costing Energy Efficiency Improvements in Existing Commercial Buildings IPF 2017 Industry Association Real estate
Net zero carbon: energy performance targets for offices UKGBC 2020 NGO Real estate
Green buildings: what are the financial benefits for investors? M&G 2018 Investment Manager Real estate
Sustainable insights in private equity performance: Evidence from the European non-listed real estate fund market INREV 2017 Industry Association Real estate
Supply chains and responsible investment SIF 2019 Industry Association Multi
Responsible venture capital CDC 2020 Investment Manager Venture capital