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.’

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.

Background 

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.

Methodology

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 is climate reporting. All investor signatories – asset owners and investment managers – were eligible. View Leaders’ Group 2020.

To be considered for the Leaders’ Group 2020, signatories had to demonstrate a strategic approach to aligning their organisation with the FSB’s Task Force on Climate-related Financial Disclosures (TCFD) in their 2020 responses to the PRI Reporting Framework.’  

To assess this we looked at their publicly disclosed responses throughout the climate change reporting indicators of the Strategy and Governance (SG) module, as well as whether they reported: 

  • publicly expressing support for the TCFD
  • having a board-approved implementation plan in place
  • how their organisation is using scenario analysis;
  • considering both short- and long-term climate risks
  • working towards specific climate-related targets

Having screened all signatories against this year’s theme, a combined score using responses from across the Reporting Framework was used to identify, from that pool, the Leaders’ Group 2020. 

COMBINED SCORE 
Strategy & governance
25%
Implementation
50%
Transparency
25%
  • SG module score
  • Asset class module weighted by AUM
  • 20% of voluntary indicators disclosed
  • 5% number of voluntary modules reported on