MICROCAPITAL BRIEF: UN’s Principles of Responsible Investment (PRI) Initiative Launches New Reporting Framework Seeking to Increase Transparency

The Principles for Responsible Investment (PRI) Initiative has announced the launch of a new reporting framework for its signatories that is aimed to increase the transparency of their investment activitie. The framework consists of approximately 220 indicators relating to investment policies and practices. The indicators are grouped into modules based on the following asset classes: listed equities, fixed income, private equity, property, infrastructure and inclusive finance. By mid-2014, approximately 800 of the 1,209 signatories are expected to have used the new framework. PRI will delist members that fail to report by then.