Global policy

Our Global Policy work promotes policy alignment, clarity and effectiveness across jurisdictions; through research and analysis on foundational financial and real economy policy reforms; in support of the PRI’s mission, its six principles, and our signatory policy expertise and engagement activities.

To this end, the PRI also engages with multilateral organisations, UN agencies and host governments of key international forums to support ambitious policy reforms on sustainable finance and real-economy policies in alignment with global sustainability goals.

Key publications

Latest policy engagements

PRI, CFA and GSIA joint letter to the International Organisations of Securities Commissions (IOSCO)

In November 2021, IOSCO recommended the development of "common sustainable finance-related terms and definitions, including relating to ESG approaches, to ensure consistency throughout the global asset management industry". In response to this call to action, the CFA, GSIA and PRI worked together to harmonise defiitions. We now jointly encourage ISCO members to adopt the harmonised terminology.

See letter

PRI responses to the International Association of Insurance Supervisors (IAIS) public consultation on climate risk supervisory guidance

The PRI welcomes the efforts by the IAIS to promote a globally consistent approach to address greenwashing issues in the insurance industry and to develop guidance on the use of climate-related scenario analysis in the insurance sector. Our comments are related to the investment aspects of the insurance industry.

Please see responses to IAIS draft application paper on market conduct and scenario analysis.

PRI response to EFRAG consultation on draft ESRS implementation guidance

The PRI published a response to EFRAG’s consultation on draft implementation guidance for the European Sustainability Reporting Standards (ESRS), setting out recommendations to improve the decision-usefulness of ESRS reporting for investors.

See response

International Sustainability Standards Board

The PRI supports the ISSB’s mission to deliver a high-quality global baseline of sustainability-related financial disclosures and welcomes the structure and content of Exposure Drafts. Our recommendations seek to ensure that reporting under IFRS Sustainability Disclosure Standards meets the information needs of responsible investors.

See responses

Letter to the World Bank's President

As a follow up of the October World Bank/IMF meetings, the PRI wrote to the World Bank to outline a set of necessary reforms to support and strengthen the World Bank’s ability to catalyse private finance towards addressing today’s challenges.

See response

Further resources

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Driving meaningful data

There is a global consensus that consistent, reliable, and comparable sustainability data is a top priority for investors and corporations. The PRI’s Driving Meaningful Data programme works on the types of data, sources and reporting frameworks needed to support responsible investors.

Policy-briefings

Policy reports

Search our policy briefings

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A Legal Framework for Impact

It is crucial that assessing and accounting for sustainability impact becomes a core part of investment activity. That’s why PRI, UNEP FI and The Generation Foundation are leading our work programme “A Legal Framework for Impact.”

Key policy developments of 2020

Consultations and letters

Search our policy consultations and letters