The PRI is funded primarily via the annual membership fee payable by all signatories.
Additional funding comes from grants from governments, foundations and international organisations. Corporate sponsorship and in-kind support is sought for standalone events and projects such as the annual PRI in Person conference and major publications. (For more information on funding that the PRI receives from partnering with other organisations, see the Partnerships section.)
The PRI receives no funding from the United Nations.
Full financial details are available in each year’s Annual Report.
The annual signatory fee is payable each April and is scaled according to each signatory’s category, type and assets under management or number of staff. The PRI Board approved the signatory fee levels for 2018/19 at its September 2017 meeting. It was agreed that the only increase from 2016/17 levels would be in line with UK inflation.
|30 - 50||8,190||8,440|
|10 - 29.99||8,190||8,440|
|5 - 9.99||6,210||6,400|
|1 - 4.99||2,860||2,950|
|0.1 - 0.99||820||840|
|0 - 0.09||450||460|
|30 - 50||11,670||12,020|
|10 - 29.99||10,610||10,930|
|5 - 9.99||7,430||7,650|
|1 - 4.99||4,240||4,370|
|0.1 - 0.99||1,600||1,650|
|0 - 0.09||1,060||1,090|
|51 - 200||6,210||6,400|
|26 - 50||2,860||2,950|
|11 - 25||820||840|
DISCOUNTS AND WAIVERS
Asset owners headquartered in a country classified by the IMF as an emerging market or developing economy are entitled to apply for a fee discount. Please refer to the IMF's World Economic Outlook 2017 (Statistical Appendix, p.224) for a full list of eligible countries
The PRI will consider reciprocal fee arrangements with organisations whose work is closely aligned with the Principles and the PRI’s strategic plan, where such an arrangement makes business sense for both organisations.
The PRI will bill service providers based on only their investment staff, where that service provider has distinct divisions that provide distinct services. If one of those divisions provides a service that is not relevant to investors (and therefore the principles), this division will be excluded from the fee calculation.
A pilot UNEP FI-PRI joint member discount ran for two years until 2017, when it was discontinued.
For further details or to apply for a discount, please contact Katherine Pruski.
Signatories granted a discount in 2017/18:
ASSET OWNER IN EMERGING MARKET DISCOUNT
|MIMI Group Limited||Asset owner||South Africa|
|Brasilprev Seguros e Previdência||Asset owner||Brazil|
|Government Employees Pension Fund of South Africa||Asset owner||South Africa|
|Khazanah Nasional Berhad||Asset owner||Malaysia|
|LA Retirement Fund||Asset owner||South Africa|
|Petros - Fundação Petrobras de Seguridade Social||Asset owner||Brazil|
|PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil||Asset owner||Brazil|
|Real Grandeza||Asset owner||Brazil|
|Sanlam Limited||Asset owner||South Africa|
SERVICE PROVIDERS BILLED FOR INVESTMENT STAFF ONLY
|Normandin Beaudry||Service provider||Canada|
|PBI Actuarial Consultants Ltd.||Service provider||Canada|
RECIPROCAL FEE ARRANGEMENT
|Ceres||Service provider||United States|
|Tomorrow's Company||Service provider||United Kingdom|
|International Corporate Governance Network (ICGN)||Service provider||United Kingdom|
|Interfaith Center on Corporate Responsibility||Service provider||United States|
|Gloal Sustain||Service provider||Greece|
UNEP FI-PRI JOINT MEMBER DISCOUNT
|Aquila Capital Green Assets GmbH||Investment manager||Germany|
|ClearBridge Investments||Investment manager||United States|
|Earth Capital Partners LLP||Investment manager||United Kingdom|
|Hermes Investment Management||Investment manager||United Kingdom|
|Inflection Point Capital Management UK Ltd.||Service provider||United Kingdom|
|MIROVA - Responsible Investing||Investment manager||France|
|Mitsubishi Corp. - UBS Realty Inc.||Investment manager||Japan|
|Northern Trust Asset Manager||Investment manager||United States|
|Pax World||Investment manager||United States|
|State Street Global Advisors (SSgA)||Investment manager||United States|
|ThomasLloyd Group||Investment manager||United Kingdom|
|Tribe Impact Capital LLP (provisional signatory)||Investment signatory||United Kingdom|
|Trillium Asset Management||Investment manager||United States|