The UN PRI Initiative releases new assessment of ESG integration
The US$ 14 trillion Principles for Responsible Investment (PRI) Initiative recently published its second assessment that captures in significant detail how signatory investors are integrating environmental, social and governance (ESG) issues within investment decision making and ownership practices. Selected key results include:
- 32% of respondents said they would now revisit relationships with service providers in light of ESG issue-related capabilities. A 68% increase on the number of signatories willing to do this last year.
- 70% of signatories ask companies to produce standardized reporting on their ESG policies, practices or performance
- Principle 1 of the PRI, which focuses on incorporating ESG issues into investment analysis and decision making was ranked the most difficult to implement.
«PRI Report on Progress 2008»