"The PRI argued that many of the 200 or so asset managers and schemes that have signed up to the United Nations-backed principles on tackling environmental, social and governance (ESG) issues pay little more than lip service to them. Now they will be faced with a new set of standards to prove they are making active efforts to effect change, or they risk being removed from the PRI’s official list of signatories."
[COMMENTARY] The UN Principles for Responsible Investment (PRI) have been talking about doing this for some time. I’m delighted to see it happening.
PRI threatens to strip members of signatory status in ’greenwashing’ purge, by James Phillips, October 16, 2017, Professional Pensions, UK.