New Corporate Governance, Human Rights Guidance from PRI

The Principles for Responsible Investment has issued new guidance for asset owners on corporate governance and human rights, as part of a series of starter guides to key themes in responsible investment. The corporate governance guide defines its relevance to investors, identifies core sub-themes, highlights established standards of practice – such as ICGN Global Governance Principles – and outlines regional differences in prevailing rules and arrangements. It also explains the three main approaches asset owners can take to promote robust corporate governance practices among investee firms, covering policy, governance and strategy, stewardship and disclosure. The guide uses case studies to demonstrate how asset owners have used proxy voting and policy engagement to enhance corporate governance standards. The PRI’s human rights guide describes how asset owners and their advisers can manage human rights in the investment process, with reference to the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises, as well as region-specific regulation such as Europe’s Sustainable Finance Disclosure Regulation and the social taxonomies being developed in various jurisdictions. In the guide’s section on approaches available to asset owners, the PRI highlights processes for ensuring their human rights commitments are understood and implemented by their investment managers.”

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top