PRI updates reporting framework

The Principles of Responsible Investment (PRI) has published an update to its reporting framework. Based on signatory feedback to the framework’s initial launch in 2021, the changes aim to reduce duplication and increase alignment with other private market modules, as well as external regulatory reporting standards.

“The changes made to the reporting framework for 2023 are designed to deliver optimisation and efficiency of the framework, following on from signatory feedback,” commented Peter Dunbar, head of private equity at PRI.

Key amendments include:

• An update to the terminology and guidance throughout the framework
• A decrease in required indicators
• Simplification of existing indication structures
• Increased alignment with other existing frameworks such as the TCFD
• Asset owners no longer need to report at the internally managed asset class level,...