Policy reports 2021

Policy report

Private Finance and Green Recovery in the EU – Survey and Roundtable findings


[Region: EU] Throughout 2020, the PRI ran a survey and organised a roundtable to explore investors’ perception of the EU Recovery Package. This paper summarises the key findings. It aims to contribute to the successful implementation of the recovery package and suggests ways to maximise the contribution of private finance.

Policy report

PRI support for Bill S-216, Act to enact the Modern Slavery Act and to amend the Customs Tariff


[Region: Canada] The Principles for Responsible Investment (PRI) welcomes the Bill S-216, Act to enact the Modern Slavery Act and to amend the Customs Tariff and the current study of the bill by the Standing Senate Committee on Banking, Trade and Commerce. In order to align the act with international ...

Policy report

Strengthening Stewardship in the EU


[Region: EU] The 2018 EU Sustainable Finance Action Plan (SFAP) put Europe on the map as a global leader in sustainable finance. It raised the EU’s ambitions, placing strong emphasis on increasing capital allocations to sustainable companies and activities. However, the crucial lever of stewardship was largely absent from the ...

Policy report

EU Sustainable Finance Taxonomy


[Region: EU] The regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment (the EU Taxonomy) sets disclosure requirements for financial market participants offering financial products within the EU, and undertakings who are already required to provide non-financial statement under the Non-Financial Reporting Directive. This updated briefing ...

Policy report

Policy briefing: The road to COP26


[Region: Global] A significant acceleration of action is needed to if we are to meet the Paris Agreement goals. This PRI briefing provides recommendations for policymakers to support ambitious commitments and take decisive action at COP26 to deliver the needed emissions cuts this decade and a net-zero economy by 2050.

Policy report

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


[Region: EU] 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 and draft Regulatory Technical Standards, published in February 2021.

Policy report

Sustainable Finance Policy: the role of G7 and G20


[Region: Global] The PRI recommends to host governments of G7 and G20 to commit to policy reforms that align financial regulatory frameworks with sustainability goals, and embed sustainable finance discussions at the core of finance ministers meetings.

Policy report

U.S. Policy Briefing: Considerations for U.S. Regulators to Enhance Investors’ Abilities to Identify, Assess and Take Action on ESG-related Risks and Opportunities​


[Region: US] This briefing outlines several broad policy objectives and identifies actions federal financial regulators and lawmakers in the United States can take to revise the U.S. regulatory regime to better promote the integration of environmental, social and governance (ESG) factors into investment practice and decision-making.

Policy report

Delivering net zero emissions in Japan


[Region: Japan] This briefing sets out key policy priorities to set Japan on a pathway to achieve a net zero emissions economy; 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.

Policy report

PRI 2021 US Policy Priorities


[Region: US] The PRI’s 2021 policy priorities focus on six areas we see as actionable and achievable to support greater adoption of the Principles and advancement of sustainable finance.

Policy report

PRI discussion paper on TCFD forward-looking metrics consultation


[Region: Global] This paper looks at the TCFD consultation on forward-looking metrics for financial institutions and makes some recommendations for how the Taskforce may look to develop its guidance.

Policy report

Delivering carbon neutrality in China


[Region: China] This briefing sets out key policy priorities to set China on a pathway to deliver carbon neutrality; 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.

Policy report

Investor priorities for the EU Green Deal


The PRI’s report sets out recommendations to ensure that investors can scale up their contribution to the EU Green Deal and sustainability goals more broadly.

Policy report

EU Shareholder Rights Directive


The revised Shareholder Rights Directive (2007/36/EC) recognises that shareholders often exert short-term pressure on investee companies, at the expense of longer term value creation and ESG issues.

Policy report

Addressing ESG factors under ERISA


The PRI is pleased to present two legal perspectives on integrating environmental, social and governance (ESG) issues into investment decision-making under the Employee Retirement Income Security Act (ERISA) guidelines.

Policy report

Institutions for Occupational Retirement Provision (IORP) Directive – ESG Clauses


The revised Institutions for Occupational Retirement Provision (IORP II) Directive entered the Official Journal of the European Union on 14 December 2016.

Policy report

French Energy Transition Law: Global investor briefing on Article 173


The French Energy Transition for Green Growth Law (or Energy Transition Law), adopted in August 2015, marks a turning point in carbon reporting.