Principles for Responsible Investment (PRI)
The Principles for Responsible Investment (PRI) are six general guidelines for
investors working with CSR.
The six principles in the Principles for Responsible Investment (PRI) were developed
in cooperation between the UN Global Compact, the UN Environment Programme Finance
Initiative (UNEP FI) and a number of the world's largest investment businesses. The
United Nations support the principles.
All businesses involved in investment
activities may draw on the six principles, but businesses may also choose to accede
to the PRI. Businesses which do not have investment as their core business may draw
on the ten principles in the Global Compact instead.
Investors who are members
of the PRI include institutional investors, investment banks and investment advisors.
The PRI currently has 899 members, 27 of which are Danish (May 2011).
acceding to the PRI undertake to observe the six principles and report on their efforts.
- Investors will incorporate environmental, social and corporate governance
(ESG) issues into investment analysis and decision-making processes
will be active owners and incorporate ESG issues into ownership policies and practices
will seek appropriate disclosure on ESG issues by the entities in which they invest
will promote acceptance and implementation of the Principles within the investment
- Investors will work together to enhance their effectiveness in implementing
- Investors will report on activities and progress towards implementing
These are general principles that can be implemented using different strategies.
It is up to each investment business to decide how to adhere to the principles and
where to focus efforts. The best strategy is to target activities towards areas with
the greatest problems or risks.
The principles have
been broadly formulated and they do not prevent businesses from following
other principles and standards, such as the OECD Guidelines for Multinational Enterprises,