The PRI’s reporting and assessment process begins each year in October, when signatories are invited to respond to the Reporting Framework via the Online Reporting Tool. The reporting period runs for six months, giving signatories the flexibility to report at a time best suited to their organisation.
The next reporting cycle will begin in October 2013. Signatories select their preferred reporting period – please find below several examples on how you can plan your ideal completion time within the 6 month window that matches your preferred reporting period.
Reporting cycle and completion period
2013/2014 reporting cycle
|October 2013||March 2014|
2013/2014 reporting period examples
|Preferred reporting period||Recommended completion period|
|January 2013 – December 2013||January 2014 – March 2014|
|July 2012 – June 2013||October 2013 – December 2013|
|April 2012 – March 2013||October 2013 – December 2013|
|October 2012 – September 2013||October 2013 – January 2014|
The PRI has always offered a one-year grace period to new signatories to allow them to familiarise themselves with the reporting and assessment process on a voluntary basis in their first year, before having to submit responses on a mandatory basis in subsequent years. This policy continues for the new Reporting Framework.
Signatories that signed before 24 May 2012 were invited to participate in the 2012 pilot. As such, it will be mandatory for these signatories to report in the 2013/2014 reporting cycle. Signatories that signed after 24 May 2012 will have the option to participate in the 2013/2014 reporting cycle on a voluntary basis, with reporting in the 2014/2015 reporting cycle being mandatory.
We recommend all new signatories participate in the reporting process in their first year and use it as a learning experience. Many new signatories find that the process provides both the foundation for future responses and useful feedback and guidance that can help in implementing the Principles. If you elect to complete the reporting process during your grace year, you will be given the choice whether you want to publish your RI Transparency Report on the PRI website.