Facilitating Investor Engagement on ESG Issues: The PRI Initiative in Action

10 Pages Posted: 12 Jun 2014

See all articles by Valeria Piani

Valeria Piani

United Nations - Principles for Responsible Investment

Jean-Pascal Gond

Cass Business School

Date Written: May 23, 2014

Abstract

This article summarizes the key practical insights and results from a study published by the authors in Business and Society. It demonstrates that collaborative engagement with companies on environmental, social, and corporate governance (ESG) issues provides institutional investors with material benefits including opportunities to share resources, time, and knowledge as well as to increase the weight of investors’ demands in the eyes of corporate management. The article also notes that these collaborations come with typical barriers to collective action, such as properly funding such initiatives. The primary focus of the article is to explore the multiple roles that an organization such as PRI can play to overcome these challenges and support the collaborative engagement process. The authors begin by setting out a conceptual framework to address this question, then describe the findings of three actual case studies in which PRI played such a role.

Keywords: Collaborative Engagement, Environmental/Social/Governance (ESG) Issues, Institutional

Suggested Citation

Piani, Valeria and Gond, Jean-Pascal, Facilitating Investor Engagement on ESG Issues: The PRI Initiative in Action (May 23, 2014). Rotman International Journal of Pension Management, Vol. 7, No. 1, 2014. Available at SSRN: https://ssrn.com/abstract=2449712

Valeria Piani (Contact Author)

United Nations - Principles for Responsible Investment ( email )

PRI Secretariat, c/o UN Global Compact
DC2-612, United Nations
New York, NY 10017
United States

Jean-Pascal Gond

Cass Business School ( email )

106 Bunhill Row
London, EC1Y 8TZ
United Kingdom

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