Briefings 2020

Briefings

Region  Month Briefing  PRI briefing 

EU

November

EU Regulation on sustainability-related disclosures in the financial services sector

The regulation (EU) 2019/2088 (Sustainability Disclosures Regulation) introduces new requirements and clarifies the sustainability-related disclosure obligations in the financial services sector. This updated briefing explains the reporting requirements under the regulation, complementary reporting requirements under the taxonomy regulation and provides guidance on the identification of principal adverse impact.


See briefing here

EU

October

Delivering net zero emissions in the European Union

This briefing sets out key priorities to set the EU on a pathway to deliver a net zero emissions economy by 2050; and to do so in a way that is economically, politically and technologically achievable and ultimately beneficial. It is based on research from PRI’s Inevitable Policy Response project.


See briefing here

Japan

October

Sustainable finance policy briefing

This briefing presents an overview of Japan’s sustainable finance policy framework, as well as recommendations on further policy reforms on a national sustainable finance strategy, stewardship and corporate governance, ESG and climate disclosures, and asset owner regulations.


See briefing here

US

September

Fiduciary Duties Regarding Proxy Voting and Shareholder Rights

On August 30, the Department of Labor (DOL) issued a notice of proposed rulemaking entitled, “Fiduciary Duties Regarding Proxy Voting and Shareholder Rights.” The proposal aims to clarify the obligations of fiduciaries covered by the Employee Retirement Income Security Act of 1974 (ERISA) with regard to the exercise of proxy voting and shareholder rights, generally. This briefing document summarizes the proposal and provides information on how to respond.


See briefing here

China

September

ESG disclosure investor survey

This briefing presents the results of the investor survey on ESG disclosure in China led in May 2020, as well as the latest analysis on policy and market trends around ESG disclosure


See briefing here (English) (Chinese)

EU

September

Multiannual Financial Framework (MFF) and Next Generation EU

This position paper sets out recommendations for areas that need to be further defined to ensure the European recovery will be in line with the Paris Agreement objectives, ensure the European Green Deal and its objective of making Europe climate-neutral by 2050 are met, can be measured and lay the foundation to build back better.


See briefing here

US

August

How government and investors can deliver net-zero in the US

This report sets out priorities for US federal climate policy which are economically feasible, readily implementable, and necessary. Policy reform can also represent a growth opportunity to enhance US competitiveness and retool large sections of the US economy.


See briefing here

US

June

Financial factors in selecting plan investments

On June 23, the Department of Labor issued a notice of proposed rulemaking entitled “Financial Factors in Selecting Plan Investments” (“Proposal”) aimed at clarifying the obligations related to consideration of environmental, social and governance (ESG) factors by fiduciaries who oversee private sector pension and defined contribution plans covered by the Employee Retirement Income Security Act (ERISA). This briefing document summarizes the proposal and provides information on how to respond.


See briefing here

EU

June

PRI Roundtable on the European Green Recovery

On 2 July, the PRI will host a roundtable to discuss Europe's green recovery, exploring the proposed recovery package and the key opportunities for investors to contribute to a sustainable and equitable recovery. This briefing provides an overview of the context and intended outcome of the roundtable.


See briefing here

UK

June

How government and investors can deliver net zero in the UK

This briefing sets out the key policy priorities to put the UK on a trajectory to meet net zero emissions by 2050, and the role that investors can play. These priorities are consistent with a green recovery from the COVID-19 crisis.


See briefing here

EU

April

Report: Investor priorities for the EU Green Deal

The report sets out recommendations to ensure that investors can scale up their contribution to the EU Green Deal and sustainability goals more broadly. The report is part of a research programme run by the PRI throughout 2019 and early 2020, drawing from interviews with investors and the PRI’s own programmatic research.


See report here

EU

January

EU Sustainable Finance: Where next?

This briefing provides an overview on the progress to date on EU Sustainable Finance Policy and presents an outlook of the political implication of the European Green Deal.


See full briefing