What do signatories commit to?
The one mandatory requirement of being a signatory is the completion of the annual Reporting and Assessment process. This is an online survey that helps signatories evaluate progress in implementing the six Principles. This commitment applies to all asset owner and investment manager signatories. There is a grace year to allow new signatories to learn from their peers and determine how best to monitor and report their progress. You can read more about this at www.unpri.org/reporting/ The PRI Initiative also announced at its 2009 Annual General Meeting that it plans to introduce an annual mandatory public reporting requirement for signatories. Signatories will be required to disclose their progress in implementing the Principles. A consultation is currently underway to determine the most appropriate indicators for these elements in time for their 2011 introduction.