Principles for Responsible Investment
Budget
€48,330,000
EP Access
1
accredited persons
Staff
14
4 FTE
EU Grants
None
Mission & Goals
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice. Its goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the Principles, signatories contribute to the development of a more sustainable global financial system. The Principles are voluntary and aspirational. They offer a menu of possible actions for incorporating ESG issues into investment practices across asset classes. Responsible investment is a process that must be tailored to fit each organisation’s investment strategy, approach and resources. The Principles are designed to be compatible with the investment styles of large, diversified, institutional investors that operate within a traditional fiduciary framework.
EU Legislative Interests
EU sustainable finance files including: - Alternative Investment Fund Managers (AIFM) - Corporate Sustainability Due Diligence Directive (CSDDD) - Corporate Sustainable Reporting Directive (CSRD) - ESG Ratings Regulation - EU Taxonomy and Delegated Acts - European Single Access Point (ESAP) Regulation - European Sustainability Reporting Standards (ESRS) - Markets in Financial Instruments Directive (MifiD) - Omnibus I legislation package - Regulation on packaged retail and insurance-based investment products (PRIPPs) - Shareholder Rights Directive (SRD) II - Solvency II - Sustainable Finance Disclosure Regulation (SFDR) - Undertakings for Collective Investments in Transferable Securities (UCITS) Directive Climate, nature and economic transition files including: - Bioeconomy Strategy - Carbon Border Adjustment Mechanism (CBAM) - Deforestation Regulation (EUDR) - European Climate Law (EUCL) and 2040 climate target - Emission Trading System (ETS) - Governance of the Energy Union and Climate Action Regulation - Nature Restoration Regulation - Regulation on Forced Labour - Renewable Energy Regulation (RED III)
Communication Activities
- Responses to public consultations on key files - Publication of policy reports and briefs on EU sustainable finance, climate and nature legislation for EU policy makers and signatories - Events, panel sessions, webinars with EU policy makers - Organise or co-sign letters in support of sustainable finance and other policy priorities sent to policy makers - Further information at https://www.unpri.org/policy/eu-policy
Interests Represented
Does not represent commercial interests
Member Of
The PRI is a partnership with UN Global Compact and the UN Environment Programme Finance Initiative. - Advance – https://www.unpri.org/investment-tools/stewardship/advance - Climate Action 100+ – https://www.climateaction100.org/about/ - Glasgow Financial Alliance for Net Zero (GFANZ) – https://www.gfanzero.com/ - Nature Positive Initiative – https://www.naturepositive.org/ - Net Zero Asset Owner Alliance (NZAOA) – https://www.unepfi.org/net-zero-alliance/ - Net Zero Asset Managers Initiative (NZAM) – https://www.netzeroassetmanagers.org/ - Investor Agenda – https://theinvestoragenda.org/ - Spring – https://www.unpri.org/investment-tools/stewardship/spring - Taskforce on Net Zero Policy – https://www.unpri.org/policy/taskforce-on-net-zero-policy - We Mean Business Coalition – https://www.wemeanbusinesscoalition.org/
Organisation Members
For a full list of PRI signatories, see https://www.unpri.org/signatories/signatory-resources/signatory-directory
Additional Information
Intermediary: Freshfields Bruckhaus Deringer, EUR 25,000-49,999.
Commissioner Meetings
No recorded meetings with EU commissioners.