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UN PRI Stresses Disclosure
Firms and fund managers who have signed onto the United Nations’ Principles for Responsible
Investment (UN PRI) could be expelled if they
don’t follow through with its disclosure provisions.
Last week UN PRI chairperson Donald MacDonald said
that although only a few organizations haven’t responded to the PRI’s survey of ESG practices, the
UN PRI is “actively” considering excluding the signatories who aren’t satisfying its requirements.
The UN PRI is also considering more comprehensive analysis of the funds that join with the
Principles and a stricter certification process.
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