The PRI Leaders’ Group 2020 has been announced! View the list of leaders and read the accompanying report which showcases examples of leading practices in asset owner and investment manager climate reporting determined using the PRI Reporting Framework.

Update on reporting

The next reporting cycle will start in 2023. As a result, the Leaders' Group on Stewardship will be postponed until 2023.

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About the PRI Leaders’ Group

As part of our 10-year Blueprint for responsible investment, the PRI committed to showcasing leadership and increasing accountability, with a view to raising standards of responsible investment amongst all our signatories.

The Leaders’ Group showcases signatories at the cutting edge of responsible investment, and highlights trends in what these leading signatories are doing. We have used signatories’ reporting responses and assessment data to identify those that are doing great work in responsible investment, both across their organisation, and with a particular focus on a given theme each year.


Extensive consultation with signatories in recent years has shown strong support for the PRI to use the reporting and assessment process to further differentiate signatories at different stages of implementing the Principles. This includes showcasing leadership to share good practice and encourage other signatories to improve their performance.


The PRI Leaders’ Group is based on a different theme each year:

  • In 2019, the theme for the inaugural Leaders’ Group was asset owners’ selection, appointment and monitoring of external managers. View Leaders’ Group 2019.
  • In 2020, the theme was climate reporting. All investor signatories – asset owners and investment managers – were eligible. View Leaders’ Group 2020.
  • In 2021, the theme is stewardship

To be considered for the Leaders’ Group, signatories must first meet the thematic screening criteria, see below.

From the pool of signatories meeting the screening criteria, a combined score using responses from across the Reporting Framework is used to identify the Leaders’ Group 2021, taking overall performance into account

Please note that the combined score methodology has been updated to reflect the changes to the Reporting Framework
Investment and Stewardship Policy
  • ISP module score
  • Asset class module weighted by AUM
  • 20% of the combined score based on disclosure of plus indicators
  • 5% of the combined score based on number of voluntary modules reported on

2021 theme: Stewardship

In 2021, the PRI will be using our signatories’ disclosures in the new PRI reporting framework to identify a group of ‘leaders’ on the topic of Stewardship. The PRI defines stewardship as the use of influence by institutional investors to maximise overall long-term value including the value of common economic, social and environmental assets, on which returns and clients’ and beneficiaries’ interests depend.

Our assessment of leadership in stewardship will be based on Active Ownership 2.0 – our framework for leading practice in stewardship launched in November 2019. The three pillars of Active Ownership 2.0 are:

  1. A focus on achievement of real-world outcomes, using a variety of stewardship tools and activities1
  2. Prioritisation of systemic sustainability issues at the economy or society-wide scale
  3. A demonstrated commitment to collaboration, including formal collaborative initiatives and other vehicles for pooling resources

In addition, indicators which cover transparency around stewardship and the robustness of investor’s processes will also form a part of the assessment.

As stewardship is integrated throughout the new reporting framework, a range of indicators in the Investment and Stewardship Policy (ISP), Selection, Appointment and Monitoring (SAM), Sustainability Outcomes (SO) and the asset-class specific modules will be considered to form a picture of leadership.