The PRI is funded primarily via the annual membership fee payable by all signatories.
Additional funding comes from grants from governments, foundations and international organisations. Corporate sponsorship and in-kind support is sought for standalone events and projects such as the annual PRI in Person conference and major publications. (For more information on funding that the PRI receives from partnering with other organisations, see the Partnerships section.)
The PRI receives no funding from the United Nations.
Full financial details are available in each year’s Annual Report.
The annual signatory fee is payable each April and is scaled according to each signatory’s category, type and assets under management. The PRI Board approved the signatory fee levels for 2016/17 at its September 2015 meeting. It was agreed that the only increase from 2015/16 levels would be in line with UK inflation.
|30 - 50||7,950|
|10 - 29.99||7,950|
|5 - 9.99||6,030|
|1 - 4.99||2,780|
|0.1 - 0.99||800|
|0 - 0.09||440|
|30 - 50||11,330|
|10 - 29.99||10,300|
|5 - 9.99||7,210|
|1 - 4.99||4,120|
|0.1 - 0.99||1,550|
|0 - 0.09||1,030|
|51 - 200||6,030|
|26 - 50||2,780|
|11 - 25||800|
DISCOUNTS AND WAIVERS
Asset owners headquartered in a country classified by the IMF as an emerging market or developing economy are entitled to apply for a fee discount for up to two years. Please refer to the IMF’s World Economic Outlook 2014 (Statistical Appendix, p.158) for a full list of eligible countries.
The PRI will consider reciprocal fee waivers with organisations whose work is closely aligned with the Principles and the PRI’s strategic plan, where this makes business sense for both organisations to do so.
The PRI will consider billing service provider signatories based on the number of investment staff at the organisation, rather than the total number of staff, where this would result in a change of fee band.
For further details or to apply, please contact Katherine Pruski.
Signatories that have been granted a fee waiver or discount:
|International Corporate Governance Network (ICGN)||UK||Service provider|
|Global Sustain||Greece||Service provider|
|Interfaith Center on Corporate Responsibility||USA||Service provider|
|AlphaFixe Capital Inc.||Canada||Investment manager|
|PREVI – Caixa de Previdência dos Funcionários do Banco do Brasil||Brazil||Asset owner|
|Real Grandeza||Brazil||Asset owner|
Eight signatories from the United Kingdom, France, Brazil and South Africa that were granted fee discounts in 2015/16 did not give the PRI permission to share this information: six asset owners, one investment manager and one service provider. From 2016/17 onwards, the details of every signatory granted a discount will be published on the PRI’s website and in the Annual Report without exception.