About us Search

PRI partners with WBC SD to drive sustainability

by Krystal Scanlon 27 August 2020

The Principles of Responsible Investment (PRI) and the World Business Council for Sustainable Development (WBC SD) have partnered to drive action on sustainable development.

The partnership aims to put sustainability at the centre of financial and strategic decision-making. It will bring together investors and corporates to clarify what sustainability is and where the information can be used.

PRI and WBC SD will address the issues by providing recommendations and guidance on evaluations, valuations, decision-making considerations related to resilience, impact and outcomes as well as support institutional arrangements that deliver relevant data needed by investors and corporates.

It is also designed to complement and support current global efforts towards creating a harmonised system for ESG reporting.

According to Fiona Reynolds, PRI’s CEO, the initiative’s signatories have said one of the main roadblocks to progress regarding responsible investment, is the ability to access comparable and meaningful sustainability data.

“Working with WBCSD will enable PRI to enhance several channels over which investors have influence – capital allocation and investors’ engagement with companies,” she said. “By collaborating we can further develop the tools and data needed for future decision-making and create the incentives and collective action at a scale that can significantly influence the capital costs of companies.”

1 June 2023

What the AI?! Canoe Intelligence

Our new AI series kicks off by exploring the burning questions with Aman Soni, VP of data strategy at Canoe Intelligence

1 June 2023

Eiffel Investment partners with Carbon4 Finance

Partnership creates methodology to evaluate climate performance of unlisted companies

1 June 2023

Spaulding Ridge expands tech offering

Company launches tool to optimise technology implementation and speed up revenue operations

31 May 2023

Answering the right questions

GPs and LPs agree qualitative ESG reporting is a crucial competitive advantage but disagree on reporting requirements, says PwC

31 May 2023

Apex launches fundraising services

Offering combines rebranded platform with series of events

30 May 2023

Gottschalg Analytics powers up

Company aims to provide performance intelligence services via proprietary algorithms