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Principles for Responsible Investment (PRI) Network Supporter

The IFoA became a network supporter of the Principles for Responsible Investment (PRI) in Autumn 2017. This reflects our belief that incorporating environmental, social and corporate governance (ESG) factors into investment processes will help to create an economically efficient, sustainable global financial system that will benefit the environment and society as a whole.

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.

The PRI's six principles 

We will:

1. Incorporate ESG issues into investment analysis and decision-making processes.

2.  Be active owners and incorporate ESG issues into our ownership policies and practices.

3. Seek appropriate disclosure on ESG issues by the entities in which we invest.

4. Promote acceptance and implementation of the principles within the investment industry.

5. Work together to enhance our effectiveness in implementing the principles.

6. Each report on our activities and progress towards implementing the principles.

Why is the IFoA involved?

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. 

 

Contact Details

For further information, please contact the Policy Team at

Policy@actuaries.org.uk

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Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.