The Principles for Responsible Investment is a United Nations-supported network of financial organisations dedicated to promoting responsible investment. It supports its members in identifying and incorporating ESG factors in their investment activity. By considering these factors, the PRI aims to create an economically efficient and sustainable global financial system for the long-term.
The PRI has established Six Principles for Responsible Investment as opportunities for incorporating ESG issues into investment activity. These principles help signatories apply good governance and accountability to work practices as well as identify obstacles and opportunities within market practices, structures, and regulation for a sustainable financial system.
We will:
As a royally chartered institution, it is incumbent upon the IFoA to act in the public interest. As such, the IFoA has signed up to be a Network Supporter of the PRI. By doing so, the IFoA has publicly expressed support for the PRI and committed to raising awareness of responsible investment and the PRI amongst both its members and the public.
Actuaries possess expertise in identifying and managing long-term risk, and they have a significant role to play in incorporating ESG factors into the investment activities of their employers and clients. If investors do not take into account ESG factors, this could result in detrimental long-term effects on the economy, society, and environment.
If you have any questions regarding our policy and public affairs work, please contact the IFoA Policy Team.