PRI invites asset managers to co-design responsible investment guidance
The guidance will be co-designed with signatories to enable more targeted support for them as they move ahead with their responsible investment practices.
Progression Pathways will take the form of a step-by-step journey for PRI signatories on responsible investment methods.
The guidance will be co-designed with signatories to enable more targeted support for them as they move ahead with their responsible investment practices.
Alongside this is an aim to better clarify the different roles of responsible investors in a sustainable financial system.
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It will be voluntary for PRI signatories to adopt the guidance, and the organisation is putting forward two potential models to structure its planned pathways.
The first is centred around investor purpose, clarifying the actual objectives of investors' responsible investment approaches.
This could include focusing on incorporating environmental, social and governance risks and opportunities, and actively addressing the drivers of financially material sustainability risks.
The second model looks at the specific sustainability issues that investors are prioritising in their practices, like climate change, human rights, or biodiversity.
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During the co-design process with signatories, one of these two models, or a combination of both, will provide the basis for the new Progression Pathways.
To kick off the co-design process, the PRI is hosting a series of regional workshops to discuss the new concepts. There will also be other opportunities through the end of 2023 and into 2024 for signatories to engage virtually or provide written
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