Principles for Responsible Investment

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Registration as it was on 30 Aug 2024
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Overview

Since 20 September 2021 self-declared 'non-commercial organisations' are no longer required to provide a lobby budget. See above timeline for this registrant's historical lobby budget.

Lobbying Costs

None declared

Financial year: Apr 2022 - Mar 2023

Lobbyists (Full time equivalent)

4.75 Fte (15)

Lobbyists with EP accreditation

0

High-level Commission meetings

10

Lobbying Costs over the years

  • Info

    Principles for Responsible Investment   (PRI)

    EU Transparency Register

    612289519524-31 First registered on 20 Nov 2015

    Goals / Remit

    The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice. Its goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues into their investment decision making and ownership practices.

    In implementing the Principles, signatories contribute to the development of a more sustainable global financial system.

    The Principles are voluntary and aspirational. They offer a menu of possible actions for incorporating ESG issues into investment practices across asset classes. Responsible investment is a process that must be tailored to fit each organisation’s investment strategy, approach and resources. The Principles are designed to be compatible with the investment styles of large, diversified, institutional investors that operate within a traditional fiduciary framework.

    Main EU files targeted

    EU sustainable finance files including (amongst others):
    - EU Taxonomy (and extensions)
    - Sustainable Finance Disclosure Regulation (SFDR)
    - Corporate Sustainable Reporting Directive (CSRD)
    - European Sustainability Reporting Standards (ESRS)
    - Corporate Sustainability Due Diligence Directive (CSDDD)
    - Solvency II
    - Markets in Financial Instruments Directive (MifiD)
    - ESG Ratings Regulation
    - Shareholder Rights Directive (SRD) II,
    - Alternative Investment Fund Managers AIFM,
    - Undertakings for Collective Investments in Transferable Securities (UCITS) Directive
    - Regulation on packaged retail and insurance-based investment products (PRIPPs)
    - European Single Access Point (ESAP) Regulation

    Real economy files including (amongst others):
    - EU Emission Trading System (ETS)
    - Carbon Border Adjustment Mechanism (CBAM)
    - Renewable Energy Regulation (RED III)
    - Regulation on forced labour
    - Climate targets for 2040

    Address

    Head Office
    25 Camperdown Street4th Floor
    London E1 8DZ
    UNITED KINGDOM
    EU Office
    Morning RépubliquePRI
    Paris 75010
    FRANCE

    Website

  • People

    Total lobbyists declared

    15

    Employment timeLobbyists
    75%5
    10%10

    Lobbyists (Full time equivalent)

    4.75

    Lobbyists with EP accreditation

    All Lobbyists with EP accreditation over time

    0 accreditations were / are live (in bold) for the selected state of 24 Nov 2024

    Name Start date End Date
    Ms Blandine MACHABERT 07 May 2019 01 Oct 2019
    Mr Nathan Alexander FABIAN 27 Apr 2019 25 Apr 2020
    Ms Alyssa Heath 30 Sep 2016 23 Sep 2017

    Complementary Information

    While our organisation has 15 people engaged in activities falling under the register, 10 spend significantly below 10 percent. The FTE should therefore be less than 4.75. However, 10 percent is the minimum that can be chosen for each person involved from the organisation expressed in percentage of working time.

    Person in charge of EU relations

    Data not provided by Register Secretariat due to GDPR

    Person with legal responsibility

    Data not provided by Register Secretariat due to GDPR

  • Categories

    Category

    Non-governmental organisations, platforms and networks and similar

  • Networking

    Affiliation

    The PRI is a partnership with UN Global Compact and the UN Environment Programme Finance Initiative.

    - Advance – https://www.unpri.org/investment-tools/stewardship/advance
    - Climate Action 100+ – https://www.climateaction100.org/about/
    - Glasgow Financial Alliance for Net Zero (GFANZ) – https://www.gfanzero.com/
    - Nature Positive Initiative – https://www.naturepositive.org/
    - Net Zero Asset Owner Alliance (NZAOA) – https://www.unepfi.org/net-zero-alliance/
    - Net Zero Asset Managers Initiative (NZAM) – https://www.netzeroassetmanagers.org/
    - Net Zero Financial Service Providers Alliance (NZFSPA) – https://www.unpri.org/net-zero-financial-service-providers-alliance
    - Net Zero Investment Consultants Initiative (NZICI) – https://www.unpri.org/climate-change/leading-investment-consultants-form-global-initiative-to-push-for-net-zero/8549.article
    - Investor Agenda – https://theinvestoragenda.org/
    - Spring – https://www.unpri.org/investment-tools/stewardship/spring
    - Taskforce on Net Zero Policy – https://www.unpri.org/policy/taskforce-on-net-zero-policy
    - We Mean Business Coalition – https://www.wemeanbusinesscoalition.org/

    Member organisations

    None declared

  • Financial Data

    Interests represented

    Does not represent commercial interests

    Closed financial year

    Apr 2022 - Mar 2023

    Lobbying costs for closed financial year

    Since 20 September 2021 self-declared 'non-commercial organisations' are no longer required to provide a lobby budget. See above timeline for this registrant's historical lobby budget.

    Total organisational budget in closed year

    39,501,804€

    Major funding types in closed year

    Grants, Other, Member's contributions

    Funding types "other" information

    Restricted fees & income from PRI Academy and PRI Events.

    Major contributions in closed year

    TypeNameAmount
    Grant European Climate Foundation 255,860€

    Other financial info

    Intermediary: Freshfields Bruckhaus Deringer, EUR 10,000-24,999.

  • EU Structures

    Groups (European Commission)

    PLATFORM ON SUSTAINABLE FINANCE#X03731#https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?lang=en&groupID=3731 #OBSERVER #C#Finance#OtherUsability and data #X03731/3#https://ec.europa.eu/transparency/expert-groups-register/screen/expert-groups/consult?lang=en&groupID=101017 #OBSERVER #C#Finance#Other

    Groups (European Parliament)

    N/A

    Communication activities

    - Responses to public consultations on key files
    - Publication of policy reports and briefs on EU sustainable finance, climate and nature legislation for EU policy makers and signatories
    - Events, panel sessions, webinars with EU policy makers
    - Organise or co-sign letters in support of sustainable finance and other policy priorities sent to policy-makers
    - Further information at https://www.unpri.org/policy/eu-policy

    Other activities

    None declared

  • Meetings

    Meetings

    10 meetings found. Download meetings

    The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.

    1 July 2024: We have noted that some meetings are appearing in duplicate, ie. some meetings seem to be listed twice. This seems to be because the Commission changes some element of a meeting data after the meeting has first been listed, which causes LobbyFacts to register it as a new meeting. We are investigating further.

    • Date 04 Sep 2023 Location Online meeting
      Subject Corporate Sustainability Due Diligence
      Cabinet Cabinet of Commissioner Mairead Mcguinness
      Portfolio Financial services, financial stability and Capital Markets Union
      Attending
      • Katherine Power (Cabinet member)
      • Florian Denis (Cabinet member)
      Other Lobbyists
    • Date 13 Jul 2023 Location Brussels, Belgium
      Subject Sustainable finance
      Cabinet Cabinet of Commissioner Mairead Mcguinness
      Portfolio Financial services, financial stability and Capital Markets Union
      Attending
      • Katherine Power (Cabinet member)
      • Florian Denis (Cabinet member)
      Other Lobbyists
    • Date 07 Oct 2022 Location Brussels
      Subject Sustainable Finance
      DG Financial Stability, Financial Services and Capital Markets Union
      Attending
      • John Berrigan (Director-General)
    • Date 07 Sep 2022 Location Virtual meeting
      Subject Sustainable Finance
      DG Financial Stability, Financial Services and Capital Markets Union
      Attending
      • John Berrigan (Director-General)
    • Date 03 Feb 2022 Location Virtual meeting
      Subject Taxonomy
      DG Financial Stability, Financial Services and Capital Markets Union
      Attending
      • John Berrigan (Director-General)
    • Date 01 Dec 2021 Location Virtual meeting
      Subject EU taxonomy
      DG Financial Stability, Financial Services and Capital Markets Union
      Attending
      • John Berrigan (Director-General)
    • Date 14 Oct 2021 Location Video Conferencing
      Subject pre-record on sustainable finance
      Cabinet Cabinet of Commissioner Mairead Mcguinness
      Portfolio Financial services, financial stability and Capital Markets Union
      Attending
      • Mairead McGuinness (Commissioner)
    • Date 04 Oct 2021 Location Videocongerence
      Subject Sustainable Corporate Governance
      Cabinet Cabinet of Vice-President Věra Jourová
      Portfolio Values and Transparency
      Attending
      • Simona Constantin (Cabinet member)
    • Date 29 Sep 2021 Location Virtual meeting
      Subject European Platform, Sustainable Finance
      DG Financial Stability, Financial Services and Capital Markets Union
      Attending
      • John Berrigan (Director-General)
    • Date 29 Jan 2021 Location Virtual
      Subject EU Taxonomy Delegated Act
      Cabinet Cabinet of Commissioner Mairead Mcguinness
      Portfolio Financial services, financial stability and Capital Markets Union
      Attending
      • Katherine Power (Cabinet member)
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