Think tank questions PRI signatories’ ESG capacity.
"Dedicated ESG specialists are rare at institutions signed up to the Principles for Responsible Investment (PRI), in particular at asset owners, according to analysis carried out by climate and energy think tank E3G… E3G said this meant that over 500 PRI signatories directly employed one or no ESG staff. There are more than 1,700 signatories to the PRI."
[COMMENTARY] Many people, myself included, wonder how many of the PRI dignitaries take ESG seriously and how much is for PR purposes. Now E3G has provided some insight into that. It’s clear that a large number of those institutions who signed the PRI aren’t too serious about implementing ESG.
Think tank questions PRI signatories’ ESG capacity, by Susanna Rust, March 21, 2017, IPE, UK.