Advance is a stewardship initiative where institutional investors work together to take action on human rights and social issues. Investors use their collective influence with companies and other decision makers to drive positive outcomes for workers, communities and society.

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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

The PRI has launched Advance, a new stewardship initiative where institutional investors work together to take action on human rights and social issues. The overall objective of the initiative is to advance human rights and positive outcomes for people through investor stewardship. The initiative will primarily seek change through investors’ use of influence with portfolio companies. 

Within the initiative, the PRI will support a range of activities, including investor collaborative engagement with companies, along with potential further escalation where needed. The PRI will also support investor engagement with policymakers and other stakeholders to make progress on the overall goal. 

Engagement has started with 40 companies in the metals & mining and renewables sector.  

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Investor statement

Over 220 investment organisations have endorsed Advance, 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.