UNPRI’s Board has this week issued an eight point action plan calling for more investment in active ownership and oversight.
In an open admission that investors have had a role to play in current difficulties, Donald MacDonald, Chair of the PRI Initiative and a Trustee of the BT Pension Scheme called for PRI signatories to “lead from the front” in rebuilding trust and confidence in markets.
The eight points include:
- Investing more in responsible investment activities
- Incentivising research providers to enhance research capacity
- Investing in active ownership capability
- Public disclosure of responsible investment activities