The PRI is funded primarily via the annual membership fee payable by all signatories.
Additional funding comes from grants from governments, foundations and international organisations. Corporate sponsorship and in-kind support is sought for standalone events and projects such as the annual PRI in Person conference and major publications. (For more information on funding that the PRI receives from partnering with other organisations, see the Partnerships section.)
The PRI receives no funding from the United Nations.
Full financial details are available in each year’s Annual Report.
Fees
The annual signatory fee is payable each April and is scaled according to each signatory’s category, type and assets under management. The PRI Board approved the signatory fee levels for 2017/18 at its September 2016 meeting. It was agreed that the only increase from 2015/16 levels would be in line with UK inflation.
Asset owners
| AUM (US$ bln) | >10 | 5 - 9.99 | 1 - 4.99 | 0.1 - 0.99 | 0 - 0.09 |
|---|---|---|---|---|---|
| 2019/20 fee (£) | £8,609 | £6,528 | £3,009 | £857 | £469 |
Investment managers
| AUM (US$ bln) | >50 | 30 - 50 | 10 - 29.99 | 5 - 9.99 | 1 - 4.99 | 0.1 - 0.99 | 0 - 0.09 |
|---|---|---|---|---|---|---|---|
| 2019/20 fee (£) | £13,943 | £12,260 | £11,149 | £7,803 | £4,457 | £1,683 | £1,112 |
Service providers
| No. of investment staff | >200 | 51-200 | 26-50 | 11-25 | <10 |
|---|---|---|---|---|---|
| 2019/20 fee (£) | £8,609 | £6,528 | £3,009 | £857 | £469 |
Discounts
Asset owners headquartered in a country classified by the IMF as an emerging market or developing economy are entitled to apply for a fee discount. Please refer to the IMF’s World Economic Outlook 2016 (Statistical Appendix, p.209) for a full list of eligible countries.
The PRI will bill service providers based on only their investment staff, where that service provider has distinct divisions that provide distinct services. If one of those divisions provides a service that is not relevant to investors (and therefore the principles), this division will be excluded from the fee calculation.
The PRI previously offered discounts for joint UNEP FI-PRI members and reciprocal fee arrangements. These were discontinued in 2017.
For further details or to apply for a discount, please contact invoicing@unpr.org.
| ASSET OWNER IN EMERGING MARKET DISCOUNT | ||
|---|---|---|
|
MIMI Group Limited |
Asset owner |
South Africa |
|
Economus |
Asset owner |
Brazil |
|
Brasilprev Seguros e Previdência |
Asset owner |
Brazil |
|
Funcef |
Asset owner |
Brazil |
|
FUNCESP |
Asset owner |
Brazil |
|
Government Employees Pension Fund of South Africa |
Asset owner |
South Africa |
|
Infraprev |
Asset owner |
Brazil |
|
Khazanah Nasional Berhad |
Asset owner |
Malaysia |
|
LA Retirement Fund |
Asset owner |
South Africa |
|
Petros - Fundação Petrobras de Seguridade Social |
Asset owner |
Brazil |
|
PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil |
Asset owner |
Brazil |
|
Real Grandeza |
Asset owner |
Brazil |
|
Sanlam Limited |
Asset owner |
South Africa |
|
Valia |
Asset owner |
Brazil |
| SERVICE PROVIDERS BILLED FOR INVESTMENT STAFF ONLY | ||
|
Normandin Beaudry |
Service provider |
Canada |
|
PBI Actuarial Consultants Ltd. |
Service provider |
Canada |
| RECIPROCAL FEE ARRANGEMENT | ||
|
Ceres |
Service provider |
United States |
|
Tomorrow’s Company |
Service provider |
United Kingdom |
|
International Corporate Governance Network (ICGN) |
Service provider |
United Kingdom |
|
Interfaith Center on Corporate Responsibility |
Service provider |
United States |
|
Gloal Sustain |
Service provider |
Greece |
| UNEP FI-PRI JOINT MEMBER DISCOUNT | ||
|
Aquila Capital Green Assets GmbH |
Investment manager |
Germany |
|
ClearBridge Investments |
Investment manager |
United States |
|
Earth Capital Partners LLP |
Investment manager |
United Kingdom |
|
Hermes Investment Management |
Investment manager |
United Kingdom |
|
Inflection Point Capital Management UK Ltd. |
Service provider |
United Kingdom |
|
Lendlease |
Investment manager |
Australia |
|
MIROVA - Responsible Investing |
Investment manager |
France |
|
Mitsubishi Corp. - UBS Realty Inc. |
Investment manager |
Japan |
|
Northern Trust Asset Manager |
Investment manager |
United States |
|
Pax World |
Investment manager |
United States |
|
State Street Global Advisors (SSgA) |
Investment manager |
United States |
|
ThomasLloyd Group |
Investment manager |
United Kingdom |
|
Tribe Impact Capital LLP (provisional signatory) |
Investment signatory |
United Kingdom |
|
Trillium Asset Management |
Investment manager |
United States |
|
VicSuper |
Asset owner |
Australia |
Grants
Grants awarded in 2018/19
- Bloomberg Philanthropies
- Ceres
- ClimateWorks Foundation
- Department for Business, Energy and Industrial Strategy
- European Climate Foundation
- Generation Foundation
- Gordon & Betty Moore Foundation
- KR Foundation
- William and Flora Hewlett Foundation
Grants awarded in 2017/18
- ClimateWorks Foundation
- The European Climate Foundation
- We Mean Business Coalition
- Ceres
- UNCTAD
Grants awarded in 2016/17
- GIZ Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH
- Moore Foundation
- Ceres
- Carbon War Room
Grants awarded in 2015/16
- Rockefeller Foundation
- The Generation Foundation
