The United Nations-backed Principles for Responsible Investment (PRI) Initiative today published its annual list of signatories joining and leaving the initiative.
In total, 254 new signatories joined the PRI between 12 September 2011 and 9 November 2012, bringing total signatory numbers to more than 1,100, drawn from 50 countries and managing assets of more than US$ 32 trillion. Over the same period, 61 were delisted.
Signatories are delisted if they do not pay the mandatory annual membership fee or participate in the annual reporting and assessment process, or if they choose to voluntarily leave the Initiative. However, no signatory was delisted during the period for failing to report, as this process was voluntary this year while the new PRI Reporting Framework was piloted. Signatories may also be delisted because they have merged with, or been acquired by, another signatory and therefore remain part of the PRI community.
The full lists of new and delisted signatories are available to review on the PRI website.
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