20, January 2009, Bangkok James Gifford, PRI Executive Director Narina Mnatsakanian, Project Manager, PRI/UNEP FI. 0. Agenda. Initiatives mapping Emergence of responsible investment Why is responsible investment relevant for companies? Principles for Responsible Investment
20, January 2009, Bangkok
James Gifford, PRI Executive Director
Narina Mnatsakanian, Project Manager, PRI/UNEP FI
First there was:
The PRI is a culmination of:
Why is RI relevant for companies?
Factoring of ESG issues into investment decisions
Rising investor expectations
About the PRI
Supported by the Secretary-General
“I applaud the leadership of the institutions that have committed themselves to this undertaking, and urge other investors around the world to join this historic effort.”
Ban Ki-moonUN Secretary-General
We aspire to
1…incorporate ESG issues into investment analysis and decision-making processes.
2…be active owners and incorporate ESG issues into our ownership policies and practices.
3…seek appropriate disclosure on ESG issues by the entities in which we invest.
4…promote acceptance and implementation of the Principles within the investment industry.
5…work together to enhance our effectiveness in implementing the Principles.
6…each report on our activities and progress towards implementing the Principles.
Standardized reporting on ESG issues
Signatories are promoting Global Reporting Initiative (GRI)
Enhancing investee company ESG disclosure
Singatories ask investee companies to disclose performance around social, ethical and environmental issues. Where reporting is inadequate, they actively engage with companies to seek improvement
Principle 3: Corporate disclosure
Emerging Markets Disclosure
Global Reporting Initiative (GRI)
Responding to the crisis