Signing the internationally-recognised Principles for Responsible Investment allows your organisation to publicly demonstrate its commitment to including environmental, social and governance (ESG) factors in investment decision making and ownership.
Benefits
- Invitations to over a 100 events and workshops each year, including PRI in Person.
- Resources for reporting and assessing your organisation’s ESG activities.
- Access to other signatories’ reports and assessments through the PRI Data Portal.
- Support from a regional relationship manager with local market knowledge.
- Use of the Collaboration Platform to network with signatories and engage with ESG research.
- Guidance on how to incorporate ESG factors into investment decision-making and ownership.
Eligibility
Organisations can become a signatory if they fall under one of these three categories:
- Asset owners representing the holders of long-term retirement savings, insurance and other assets. Examples include pension funds, sovereign wealth funds, foundations, endowments, insurance and reinsurance companies and other financial institutions that manage deposits. This is our principal category of signatory.
- Investment managers managing or controlling investment funds as a third-party, serving an institutional and/or retail market. Investment managers who are still raising funds, rather than actively managing assets, can sign pre-emptively as provisional signatories.[1]
- Service providers (professional service partners) offering products or services to asset owners and/or investment manager who demonstrate a commitment to providing, developing and promoting services that support a clients’ implementation of the principles.
If you have a query about your organisation’s category, please email us.
The PRI Board reserves the right to determine which category is most appropriate.
- View PRI signatory sign-up guidelines
- View PRI signatory sign-up guidelines (Chinese)
- View PRI signatory sign-up guidelines (Japanese)
Annual fee
The annual signatory fee is payable each April and is scaled according to each signatory’s category.
The PRI Board has approved a moderate increase in signatory fees for 2023. We are simultaneously taking active steps to reduce our own operating costs, but this increase is necessitated by inflationary pressures across our key markets.
Fees are calculated based on signatories’ latest AUM (for asset owners and investment managers) or number of investment staff (for service providers). For new signatories that have not reported yet, their fees will be calculated based on the figures provided when they signed up as a PRI signatory.
The PRI is a not for profit organisation and signatory fees and other revenue are spent on delivering value to our diverse signatories, through opportunities for learning and development, sharing best practices, collaborative engagement and driving responsible investment.
Asset owners
The fee is scaled according to the assets your organisation manages.
Asset owners headquartered in a country classified by the IMF as an emerging market or developing economy can email us to apply for a fee discount.
| AUM (US$ bln) | > 10 | 5 - 9.99 | 1 - 4.99 | 0.1 - 0.99 | 0 - 0.09 |
|---|---|---|---|---|---|
| 2023/24 fee (GBP) | £9,396 | £7,125 | £3,284 | £935 | £511 |
Investment managers
The fee is scaled according to the assets your organisation manages.
| AUM (US$ bln) | > 50 | 30 - 50 | 10 - 29.99 | 5 - 9.99 | 1 - 4.99 | 0.1 - 0.99 | 0 - 0.09 |
|---|---|---|---|---|---|---|---|
| 2023/24 fee (GBP) | £15,218 | £13,380 | £12,168 | £8,516 | £4,864 | £1,837 | £1,213 |
Service providers
The fee is scaled according to the number of investment staff in your investment division. This includes staff who offer investment support services, such as finance or HR; but excludes staff who perform services which aren’t relevant to investors.
| No. of investment staff | > 200 | 51-200 | 26-50 | 11-25 | <10 |
|---|---|---|---|---|---|
| 2023/24 fee (GBP) | £9,396 | £7,125 | £3,284 | £935 | £511 |
How to apply
Step 1. Gather documents required
| Organisation category | Documents required |
|---|---|
| Asset owners |
|
| Investment managers |
If you’re signing as a provisional signatory, as you’re still raising funds rather than actively managing assets, you must also provide a:
|
| Service providers |
|
The declaration should be printed on header paper and signed by your CEO or equivalent.
The organisation chart should show the structure of your organisation.
Step 2. Complete the online application
You’ll need to provide your company details and contact information, give your reasons for becoming a signatory and upload the documents mentioned in ‘Step 1’. The form takes around 15 minutes to complete.
- Asset owner online application
- Investment manager online application
- Service provider online application
We aim to review and process applications within two weeks.
If language or technical barriers prevent you from completing the online application form, please email us to request a PDF copy.
Step 3. Pay fee
Please allow six weeks for your application to be processed by our central team in London. Once it’s approved, you’ll receive an invoice covering the period up to 1 April when the next fee year starts.
On receipt of payment, we will send you a welcome email to introduce you to your local relationship manager.
After you join
Visit Getting started as a signatory to find out about the support and resources available to new signatories.
References
[1] Provisional status is reviewed after one year and can be extended at the PRI’s discretion.
