Principles for Responsible Investment (PRI)
The Principles for Responsible Investment (PRI) promote sustainable investments.
The Principles for Responsible Investment (PRI) are a framework supported by the United Nations that helps investors integrate environmental, social, and governance factors (esg) into their investment decisions and ownership practices, aimed at promoting a more sustainable global financial system. The PRI were launched in 2006 after then-UN Secretary-General Kofi Annan convened a group of leading institutional investors and experts to develop principles for responsible investment.
The PRI are not a regulatory authority but a voluntary network and framework that encourages signatories to incorporate esg aspects into their investment analyses, decision-making, and active ownership. Their mission is to promote an economically efficient and sustainable global financial system that rewards long-term responsible investments and benefits society and the environment.
The PRI framework consists of six voluntary principles to which signatories commit, where compatible with their fiduciary duties. These principles require, among other things, the integration of esg issues into investment decisions as well as the active consideration of esg aspects in ownership policies and practices. Furthermore, the PRI encourages signatories to promote and report on transparency regarding esg matters to track progress in implementing these principles.
With over 5,000 signatories from more than 80 countries managing assets of approximately $128 trillion, the PRI has helped embed the integration of esg factors into global investment practices. By adopting the PRI, investors demonstrate leadership in sustainable finance and commit to considering the long-term impacts of their investments on society and the environment.