- Growth of RI: Assets under management by PRI signatories now stands at more than $32 trillion (or 15% of the world’s investable assets), up from $4 trillion at the PRI’s launch in 2006.
- RI Policy: 94% of signatories now have a responsible investment policy in place, covering an increasing range of asset classes. Many signatories publish these on their website.
- ESG incorporation: Over half of the externally managed funds of its asset owner signatories are subject to ESG integration. Forty percent of these external assets are managed by investment manager signatories.
- Collaboration: 90% of signatories have collaborated with one or more other investors on RI-related topics.
- Transparency: Nearly 550 signatories completed the 2011 reporting survey and 44% publicly disclosed their responses, up from 25% in 2009. All asset owner and investment manager signatories will be required to complete the new PRI Reporting Framework in 2013/14 and a subset of mandatory indicators will be published on the PRI website for the first time.
- Disclosure: 71% of signatories have asked companies to integrate ESG information into their financial reporting.
- Private equity: PRI provided guidance for private equity companies on responsible investment. Today, it more than 150 private equity-focused firms as signatories, including some of the world’s largest and best known General Partners (GPs) and fund-of-funds.
- Clearinghouse: Signatories engaged with more than 1,300 companies via the PRI Clearinghouse in 2011/12 to encourage improvements in ESG disclosure and performance.
Example engagements include:
- Environment: 10 signatories formed a working group to encourage sustainable palm oil production and 33 investors wrote to nearly 100 companies about their carbon emissions.
- Social: Eight signatories are engaging with electronics companies in emerging markets on their health and safety performance.
- Governance: 21 investors are engaging 21 companies on corruption and bribery risks.
- Public policy: 28 signatories entered a dialogue with 30 stock exchanges to encourage enhanced ESG disclosure and performance among the exchanges’ listed companies. A number of exchanges have responded positively and dialogue is ongoing.
Examples of ESG issues
Examples of environmental issues include: biodiversity loss, greenhouse gas (GHG) emissions, climate change impacts, renewable energy, energy efficiency, resource depletion, chemical pollution, waste management, depletion of fresh water, ocean acidification, stratospheric ozone depletion, changes in land use, and nitrogen and phosphorus cycles.
|Examples of social issues include: activities in conflict zones, distribution of fair trade products, health and access to medicine, workplace health safety and quality, HIV/AIDS, labour standards in the supply chain, child labour, slavery, relations with local communities, human capital management, employee relations, diversity, controversial weapons, and freedom of association.|
Examples of governance issues include: executive benefits and compensation, bribery and corruption, shareholder rights, business ethics, board diversity, board structure, independent directors, risk management, whistle-blowing schemes, stakeholder dialogue, lobbying, and disclosure. This category may also include business strategy issues, both the implications of business strategy for environmental and social issues, and how the strategy is to be implemented.
Growth of the PRI Initiative
The graph above was generated from the data available in this Excel spreadsheet, updated annually in April. No further AUM breakdowns by asset class, country, region or signatory category is available.