The United Nations Principles for Responsible Investment, the international investor network, is continuing to ramp up its staffing levels as new organisations sign up as members.
The PRI is advertising four new roles, with the most senior being Director of Strategic Initiatives.
The £60,000 (€70,000) role will oversee the recruitment of new signatories and signatory relations, the PRI regional networks, the PRI Academic Network and fundraising. “Your team would have around 10 staff with plans for growth,” the job ad states. The deadline for the role is January 4 2010.
The recruitment – the other jobs are two Assessment Officer posts and an Implementation Support Officer – will take the PRI’s permanent staff numbers above 30. The expansion also comes ahead of plan to charge members annual fees of up to $10,000 next year.A raft of new firms have signed up to the PRI recently. The PRI now has a total of 842 signatories, of whom 213 are asset owners.
New signatories include: Front Capital Ltd. (Finland); Metropolitan Capital (Colombia); Activa Capital (France); ISP (Denmark); Adams Street Partners (US); Ardea Investment Management (Australia); Glamis Research Institute (Mauritius); Beetle Capital Partners (UK); Victoire Brasil Investimentos (Brazil); ICECAPITAL Asset Management (Finland); UFG–LFP (France); Union Investment (Germany) and Iris Capital (France).
Earlier this month Responsible-Investor.com reported that the PRI is looking to use the momentum created by the move towards integrated corporate reporting to create something similar for institutional investors. Executive Director James Gifford called for “commonality” in how investors report their engagement with companies.