The Principles for Responsible Investment has launched a wide-ranging consultation to explore issues around “the future of responsible investment”, the PRI’s “vision, mission and purpose”, and the value it provides to signatories.
Dubbed “PRI in a Changing World”, the approach by the investor network will be divided into two stages: signatory conversations (September to December) and an online formal consultation survey (open November to January).
David Atkin, who took over as PRI CEO in December last year, told Responsible Investor: “The world looks markedly different since the PRI was set up back in 2006. The board and I recognise that the responsible investment landscape has similarly undergone considerable change since the PRI’s mission statement was originally developed. This includes the adoption of the Paris Agreement and the Sustainable Development Goals, and the evolution of investor expectations and practices, among others.
“We would like to use this consultation not only to hear from signatories and stakeholders about the PRI’s mission statement, but the strategic issues affecting the organisation’s direction and approach, the important role that investors can play in advancing the responsible investment agenda and what we need to do to strengthen our shared vision.”
The first leg of the process will involve an online “Signatory General Meeting” on 13-14 October, as well as in-person market workshops with PRI signatories globally.
According to the PRI’s website: “The two-hour workshops will be in person and – given the practical constraints of the number and format of the workshops – attendance will be limited to 25-30 signatories per event.”
The second part of the consultation will involve a survey of all the PRI’s members.