Building on the close coordination and partnership between the PRI, the Australian Council of Superannuation Investors (ACSI), the Australian Sustainable Finance Institute (ASFI), the Investor Group on Climate Change (IGCC) and the Responsible Investment Association Australasia (RIAA) on sustainable finance and responsible investment policy, we have, as of May 2024, finalised a Ways of Working document that sets out strategic and working level mechanisms for coordination, collaboration and work planning between the organisations.
The document describes the groups’ Ways of Working to support effective, strategic and cohesive coordination, and captures principles, expectations, communications, and governance arrangements as a statement of intent (it is not legally binding and recognises that adherence to regulatory requirements will take precedence). In some senses, the document outlines collaboration that is already underway. Nonetheless, our aim is that the shared understanding set out in the document will support us to be more proactive, focussed and strategic in our coordination and collaboration with these organisations to achieve our shared interests and will enable us to collectively continue to deliver strong value for our signatories and members.
We anticipate providing updates to signatories and members on a regular basis. Please contact PRI Head of Oceania, Dr Kar Mei Tang, at [email protected] if you have any questions.