Principles for Responsible Investment hit $8 trillion mark on first year anniversary

April 29, 2007

(CSRwire) The Principles for Responsible Investment (PRI) initiative, convened by the United Nations Environment Program Finance Initiative and the UN Global Compact, announces this week on its first anniversary that it has achieved over 180 leading institutional signatories from all round the globe, representing in excess of US$ 8 trillion in assets under management. ...

One of the most exciting initiatives is the PRI Engagement Clearinghouse, which is the first global collaborative forum for investors to work together and share knowledge and resources to take action on ESG issues. This has already proved an effective method of raising awareness and gaining support from other signatories for investor activities, particularly internationally, focusing on issues such as climate change, executive remuneration, transparency, investment in sensitive regions, and other key challenges.

The PRI initiative was established as a framework to help investors achieve better long-term investment returns and sustainable markets through better analysis of ESG issues in investment process and the exercise of responsible ownership practices.

A full list of signatories to the Principles for Responsible Investment is available from http://www.unpri.org/signatories/


The Principles themselves can be found here:
http://www.unpri.org/principles/