Inside PRI Data: asset owner action

Over 90% have a public responsible investment policy. Analysing prospective/ existing managers’ responsible investment credentials, and their alignment with the asset owner’s responsible investment strategy, is common. More than 85% of asset owner boards now have some oversight of climate-related challenges, and three-quarters have started to take steps to implement the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. Aligned with the findings of the Legal framework for impact project, fiduciary duty is often cited as a primary driver for pursuing a responsible investment approach.