Transcript of "Fulfilling Your Firm's Commitment to the UNPRI"
FULFILLING YOUR FIRM’S
COMMITMENT TO THE
How can The Corporate Library® help my ﬁrm fulﬁll its commitment to the Principles?
The Principles for Responsible Investment (PRI), launched in 2006, have been endorsed by more than
670 asset owners, money managers, and investment service providers who have pledged to incorporate
environmental, social, and corporate governance (ESG) issues into their investment analysis and
ownership policy. At ﬁrst glance, the Principles can seem vague: what exactly does it mean, one might
ask, to “incorporate ESG issues into investment decision-making” or “seek appropriate disclosure on
ESG”? The Principles are explicitly “voluntary and aspira�onal,” and signing on to them might seem
like a mere marke�ng gesture. However, the sixth of the Principles is a promise to report on an en�ty’s
progress toward implemen�ng all of them, and in August 2009 ﬁve organiza�ons were removed from
the signatory list for failing to make such a report. This suggests that the Principles are intended as a
genuine commitment to concrete ac�on and that you, as a signatory, need to have a plan in place to
fulﬁll your commitment.
The Corporate Library is a professional service provider signatory to the UN Principles for Responsible
Investment and is commi�ed to helping support global socially responsible investment ini�a�ves. We
help UNPRI signatories fulﬁll their commitments to the Principles by enabling them to be�er assess
risk through access to our independent environmental, social and governance (ESG) research and
Products and Services for UNPRI Signatories
Principle 1: We will incorporate ESG issues into investment Principle 2: We will be ac�ve owners and incorporate ESG
analysis and decision-making processes. issues into our ownership policies and prac�ces.
• Por�olio Risk Assessment: The Corporate Library’s • Shareholder Engagement Services: The Corporate
proprietary governance ra�ngs and other indicators Library is the only ﬁrm oﬀering shareholder proposal and
highlight companies that contain high levels of governance engagement advisory services to support the eﬀorts of
risk – the cornerstone of ESG informa�on analysis. UNPRI signatories who are ac�vist investors.
• Governance and Environmental Data Solu�ons: The • Research for Ac�vist Investors: Our Board Analyst
Corporate Library’s extensive database of corporate database helps ac�vist investors iden�fy target companies
governance and execu�ve compensa�on data enables and decide how to engage as shareholders.
clients to develop informed “G” analysis. Our partnership
with Trucost, the world’s leading environmental data • ESG Custom Research Services: The Corporate Library’s
provider, allows clients to understand how environmental Research Services prac�ce makes it easier for clients to
“E” performance aﬀects the ﬁnancial performance of their be ac�ve owners through our Proxy Vo�ng Guidelines
share por�olios. Development and Assessment service and other research
• ESG Custom Research Services: The Corporate Library’s
Research Services prac�ce uses por�olio analysis and
other research solu�ons to help clients assess ESG and Principle 4: We will promote acceptance and
governance risk exposure. implementa�on of the Principles within the investment
• Conference and Thought Leadership: The Corporate
Principle 3: We will seek appropriate disclosure on ESG Library helps UNPRI signatories promote the Principles
issues by the en��es in which we invest. through an annual conference on “The Future of
Corporate Reform,” a blog devoted to trends in corporate
• Shareholder Engagement Services: Our unique governance and sustainable inves�ng, and research
shareholder proposal and engagement advisory services reports about governance and execu�ve compensa�on
support ac�vist investors who seek to ensure the issues.
companies in which they invest are prac�cing good ESG
Principle 6: We will each report on our ac�vi�es and
• ESG Custom Research Services: The Corporate Library’s progress towards implemen�ng the Principles.
Research Services prac�ce develops solu�ons by
strategically combining our informa�on and exper�se in a • ESG Custom Research Services: The Corporate Library’s
way that best suits the needs of your organiza�on. Research Services prac�ce provides UNPRI signatories
with reports to help demonstrate commitment to the
Principles, benchmarking your ac�vi�es against those of
Principle 5: We will work together to enhance our • Because The Corporate Library is the leading independent
eﬀec�veness in implemen�ng the Principles. source for North American corporate governance and
execu�ve compensa�on informa�on and analysis, and
• Training and Educa�on: The Corporate Library oﬀers because of our partnership with environmental research
training and educa�onal seminars on corporate ﬁrm Trucost, incorpora�ng our research products
governance topics. Our experts work with your people to and tools into your ESG investment decisions itself
bring their understanding of the issues up to date. demonstrates your commitment to the principles.
• Por�olio Risk Assessment: UNPRI signatories rely on The ac�vist investors. Shareholder engagement services are
Corporate Library’s governance metrics and data to inform customized to meet the unique needs of each client, from
their ESG risk assessment decisions. Through our powerful ini�al target company iden�ﬁca�on to shareholder proposal
Board Analyst® database, Governance Informa�on Screening development and ﬁling. Our experts provide ongoing
Tool® (GIST) Por�olio Analyzer, investment tearsheets, reports, support following the company’s response through to
Global LeaderBoard™ or data feeds, clients have access to engagement discussions or shareholder vote.
our proprietary governance ra�ngs and other indicators that
highlight companies with high levels of governance risk—the • Research for Ac�vist Investors: Ac�vist investors use The
cornerstone of ESG informa�on analysis. Corporate Library’s proprietary governance risk ra�ngs and
rela�onship mapping tools to iden�fy target companies
• Governance and Environmental Data Solu�ons: The and decide how to engage as shareholders. The Corporate
Corporate Library’s extensive database of U.S. and Canadian Library’s TCL Ra�ngs focus on real-world value and
corporate governance data and execu�ve compensa�on risk, not just ‘check-the-box’ best prac�ces. Our unique
informa�on enables UNPRI signatories to develop informed quan�ta�ve ra�ngs formula iden�ﬁes and highlights key
“G” analysis. We save our clients valuable �me and money ‘red ﬂag’ indicators of board ineﬀec�veness, going beyond
by providing them the capability to eﬃciently acquire, conven�onal benchmarks of good corporate governance and
dis�ll, and distribute extensive governance informa�on on o�en revealing a very diﬀerent picture of speciﬁc boards.
more than 3,400 U.S. companies and 45,000 directors. The Addi�onal in-depth analysis and commentary by our senior
Corporate Library also oﬀers access to Trucost’s environmental analysts and associates adds context to complex situa�ons.
data, which helps investors, fund managers and analysts Ac�vist investors also use our Global LeaderBoard database
understand how companies impact the environment and how of corporate leadership to assist with director vo�ng
environmental performance aﬀects the ﬁnancial performance decisions. LeaderBoard allows subscribers to screen boards
of their share por�olios. for individuals based on selected criteria such as posi�on,
• ESG Custom Research Services: The Corporate Library’s experience, corporate and non-corporate (such as non-
Research Services prac�ce oﬀers expert ESG research services. proﬁt, government or academic) board rela�onships. It also
Our prac�ce develops solu�ons by strategically combining allows clients to search for poten�al conﬂicts by graphically
our resources in a way that best suits the needs of your displaying complex corporate, commi�ee, and non-
organiza�on. Our research team expertly and eﬃciently corporate rela�onships at the 1�� and 2ⁿ� degrees.
dis�lls the vast amount of corporate governance informa�on • Conference and Thought Leadership: The Corporate Library
captured in our Board Analyst database, including: informa�on oﬀers the following opportuni�es for UNPRI signatories to
on corporate boards, individual directors, execu�ve and promote the Principles:
director compensa�on, corporate ownership, insider trading,
◦ The Corporate Library’s Annual Public Funds Forum, “The
related party transac�ons, takeover defenses, shareholder
Future of Corporate Reform”:
proposals, securi�es class ac�on ﬁlings and li�ga�on,
regulatory ac�ons, and merger and acquisi�on ac�vity.
◦ The Corporate Library Blog:
With the help of our advanced GIST Por�olio Analyzer, we
can quickly and easily develop a custom-weighted model
◦ The Corporate Library Research Reports:
analysis of a client’s por�olio, integra�ng our data with client-
supplied data. Through access to Trucost’s comprehensive
environmental data model, we oﬀer clients access to research • Training and Educa�on: The
on environmental issues that impact businesses, public sector Corporate Library views our client
organiza�ons, and fund managers. With our experienced team rela�onships as partnerships,
of social research analysts, The Corporate Library oﬀers in- not simply vendor-customer.
depth social factor custom research services as well. Beyond our en�re product line,
ESG research services provided by The Corporate Library to help our clients eﬀec�vely
include but are not limited to: implement the Principles,
◦ Company-, Industry- or Regional- (including Global) Speciﬁc we oﬀer training and
ESG research educa�onal seminars on
◦ Historical and Current Governance Trend/Topic Analysis corporate governance
◦ Governance Remedy Analysis issues and topics,
◦ Execu�ve and Director Compensa�on Analysis where our experts
◦ Fund Vote Analysis and Audi�ng can work with your
◦ Vo�ng Guideline Development and Assessment people to ensure their
◦ Por�olio Analysis to Assess ESG and Governance Risk understanding of the
Exposure issues is up to date.
• Shareholder Engagement Services: The Corporate Library
oﬀers shareholder proposal and engagement advisory
services to support the eﬀorts of UNPRI signatories who are