About the PRI
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks but does not operate for its own profit; it engages with global policymakers but is not associated with any government; it is supported by, but not part of, the United Nations. The PRI currently has over 3,000 signatories including asset owners, asset managers and service providers.
Introduction to the asset owner technical advisory committee
The Principles for Responsible Investment (PRI)’s signatories are its greatest strength. Being on top of the investment chain, Asset Owners particularly play a crucial role in accelerating responsible investment throughout PRI’s signatory base and beyond. One priority of the PRI’s strategy is to empower asset owners as responsible investors, focusing on championing ESG incorporation throughout organisations, enabling asset owners to effectively oversee and monitor investment managers and establishing asset owners’ responsibilities to their beneficiaries in extension to the traditional risk/return profile.
The Asset Owner work stream has been (and will continue to be) a key strategic priority since its inauguration in January 2016. Advisory Committees provide opportunities for signatories to convene, share knowledge and collaborate on responsible investment. Through signatory groups, the PRI Executive (Executive) delivers practical tools, events and support on the implementation of the Six Principles on a global basis.
The Asset Owner Technical Advisory Committee advises the Executive on the strategy and execution of the PRI Asset Owner work stream. It is composed of about 15 members selected from the signatory base. It has helped develop PRI workstream in this area which has included work such as the SAM guides for asset owners.
The objective of the work stream is to increase Asset Owner engagement on responsible investment. The Advisory Committee puts that objective into practice by enabling, supporting and facilitating PRI to:
- Provide tools and guides to enable Asset Owners to implement responsible investment policies;
- Create insight into the benefits and opportunities of ESG incorporation and stewardship for Asset Owners;
- Build outreach and engagement with industry stakeholders including industry associations, existing and potential PRI signatories;
Typical responsibilities include, but are not limited to:
- Chairing a minimum of three Advisory Committee meetings/conference calls per year, between one and two hours duration per meeting/call;
- Working with the executive on the agenda and discussion around these Asset Owner calls;
- Regular guidance/feedback to the Executive on relevant Asset Owner insights. This may include providing advice/feedback on outputs such as publications, toolkits and the work stream strategy;
- Outreach and engagement with peers on behalf of PRI. The Executive can provide support in the form of background research and pitching material
- The term of the Chair is typically between one and three years, and will be evaluated on an annual basis. The maximum tenure for a Chair is six years;
The deadline for applicants is 4th June 2021.