Act

The UN Guiding Principles on Business and Human Rights are a set of guidelines for States and companies to prevent, address and remedy human rights abuses committed in business operations.

Use this resource to:

• Strategy: Adopt the standards and practices with regard to business and human rights so as to achieve tangible results for affected individuals and communities, and thereby also contribute to a socially sustainable globalisation.
• Governance: Embed the human rights policy throughout a business’ functions.
• Identify: Understand the responsibility of enterprises to respect human rights, depending on their scale and scope.
• Assess: Implement human rights due diligence.
• Set Targets: Design targets based on human rights due diligence assessment.
• Act: Learn how states and companies can prevent and address negative impacts on human rights by business.
• Monitor: Set up continued human rights due diligence for monitoring purposes.
• Disclose: Make publicly available human rights commitments and processes.

The first global guide to manage ESG risks in risk assessment and insurance underwriting. It has an initial focus on non-life insurance business—also known as property and casualty insurance business.

Use this resource to:

• Identify: Understand the materiality of ESG risks to various lines of business and economic sectors, including characteristics which might affect the ability to assess and mitigate such risks.
• Assess: Develop approaches to assess ESG risks in non-life insurance business transactions, particularly industrial and commercial insurance business.
• Act: Address the growing concerns by stakeholders across society (e.g. NGOs, investors, governments).

The paper outlines what voting principles are, why they are needed, how voting principles can align with Active Ownership 2.0 (the PRI’s framework for more effective stewardship), and how they can be developed and applied to govern their use of voting on shareholder resolutions.

Use this resource to:

• Act: Develop and apply high-level principles to govern voting on shareholder resolutions.

This paper sets out how investors wanting to pursue sustainability outcomes may need to adjust how they make a divestment decision or formulate an overall approach to divestment.

Use this resource to:

• Act: Understand how to make a divestment decision or to formulate an overall approach to divestment in order to pursue sustainability outcomes.

This discussion paper details the current approaches that infrastructure investors are adopting to consider the Sustainable Development Goals as part of their investment approaches.

Use this resource to:

• Identify: Identify outcomes caused by, contributed to and linked to their infrastructure investors, in relation to the SDGs.
• Act: Understand the methods by which infrastructure investors can achieve desired SDG outcomes. Ensure that outcomes in line with the SDGs are integrated into infrastructure investment processes.

Active Ownership 2.0 is a framework for the more ambitious stewardship needed to deliver against beneficiaries’ interests and improve the sustainability and resilience of the financial system.

Use this resource to:

• Act: Use the guidance to shape sustainability outcomes by engaging in more effective and assertive stewardship activities.

The overall objective of the Initiative is to advance human rights and positive outcomes for people through investor stewardship. The Initiative will primarily seek change through investors’ use of influence with portfolio companies. The following three expectations will be set for engagement focus companies:

• Fully implement the UNGPs –the guardrail of corporate conduct on human rights
• Align their political engagement with their responsibility to respect human rights
• Deepen progress on the most severe human rights issues in their operations and across their value

Use this resource to:

• Identify: Select the companies and sectors that investors can engage with, in support of the Initiative’s overall objectives. This includes identifying the sectors and companies where human rights and impacts are most severe.
• Act: Determine where investors within the Initiative can influence (through stewardship) sectors and companies, to advance respect for human rights.

A high-level framework for any investors looking to shape real-world outcomes in line with the Sustainable Development Goals (SDGs).

Use this resource to:

• Identify: Identify and understand the unintended outcomes of an investors’ investments and their own operations. This assessment involves identifying positive and negative real-world outcomes related to investees’ operations, products and services.
• Act: Explore examples of how investors shape outcomes through investor actions including: investment decisions, stewardship of investees and engagement with policy makers and key stakeholders.
• Set Targets: Move from identifying and understanding unintended outcomes towards taking intentional steps to shape outcomes.