Huge swathe of AM sector must report climate risks from 2020

From 2020, it will be mandatory for signatories of the UN Principles for Responsible Investment (PRI) to report on climate change risks.

Fiona Reynolds, CEO of the PRI network. | Photo: PR

The network behind the UN Principles for Responsible Investment (PRI) will make it obligatory for all of its 2,200 signatories – including asset owners, investment managers and others in the financial industry – to report on how they considers specific climate change risks in their portfolios from 2020.

The PRI network, which was established by the United Nations to encourage investors to manage assets in a responsible and sustainable way, announced the new reporting measures on Monday.

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