New signatories to the Principles for Responsible Investment (PRI) may sometimes feel a bit daunted by the requirement to report on their progress in implementing the Principles. What can asset managers do if they have no specialized “green” or “social” products? What steps can an asset owner take, other than excluding “irresponsible” investments from a portfolio? What if the level of staff and funding you have to devote to PRI implementation is low?
The report we are releasing today, "Responsible Investment for Beginners: A Guide to Implementation and Reporting," demonstrates that signatories can take meaningful action toward the goals of the PRI, no matter their size, resource level, or degree of responsible investment experience. The guide explains how institutions can take identify actions they may already be engaged in which relate to responsible investment, but have not been recognized as such; marshal resources of various kinds to the project of PRI implementation; and craft a plan to move forward with concrete steps demonstrating their signatory commitment. The report also includes suggested action items for each of the six elements of the PRI.
The report is being issued for free as part of our own signatory commitment. Download it for free from The Corporate Library's website.
Kimberly Gladman - Director of Research and Risk Analytics