Advance is a PRI-led collaborative initiative where institutional investors aim to protect and enhance risk-adjusted returns by advancing progress on human rights through investor stewardship.
The companies
Engagement is underway with companies in the metals and mining and renewables sectors. Additional sectors and companies will be included in the initiative over time.
Sector and company selection methodology
A methodology was developed to provide a framework for selecting the companies and sectors that investors will engage with in support of the overall objectives of the initiative. This includes identifying the sectors and companies where human rights risks and impacts are most severe; and determining where investors within the initiative can influence those sectors and companies to advance respect for human rights through stewardship.
Company engagement groups
Company engagement group
Sector
HQ
Lead investor(s)
Collaborating investor(s)
Vacancies
Acciona Energia
Independent power and renewable energy producer
Spain
- Degroof Petercam Asset Management (DPAM)
- Domini Impact Investments
- EGAMO
- EOS at Federated Hermes
- La Financiere de l'Echiquier
- LAPFF
- Lazard Asset Management LLC
- Man Group
Engagement group full
Alcoa
Metals & Mining
United States
- Federated Hermes Limited
- Bank J. Safra Sarasin Ltd
- Handelsbanken Fonder
- Storebrand Asset Management
- Union Asset Management Holding AG
Engagement group full
Anglo American
Metals & Mining
United Kingdom
- Morgan Stanley Investment Management
- Schroders
- EOS at Federated Hermes
- LAPFF
- Scottish Widows (part of Lloyds Banking Group)
- Wespath Benefits and Investments
Engagement group full
AngloGold Ashanti
Metals & Mining
South Africa
- Perpetua Investment Managers (Pty) Ltd
- Sustainalytics Stewardship Services
- Handelsbanken Fonder
- Ohman
- Old Mutual Investment Group
- PIMCO
Engagement group full
Antofagasta
Metals & Mining
United Kingdom
- de Pury Pictet Turrettini & Cie
- Martin Currie Investment Management
- Calvert Research and Management
- GAM Holding AG
- Ohman
Engagement group full
ArcelorMittal
Metals & Mining
Luxembourg
- BNP Paribas Asset Management
- CANDRIAM
- EOS at Federated Hermes
- Federal Finance
- LBPAM La Banque Postale Asset Management
- OFI Asset Management
- Société Générale Investment Solutions
- Trusteam Finance
Engagement group full
Barrick
Metals & Mining
Canada
- BMO Global Asset Management
- TD Asset Management (TDAM)
- DESJARDINS GLOBAL ASSETS MANAGEMENT
- Mercy Investment Services, Inc.
- Parametric Portfolio Associates
Engagement group full
BHP
Metals & Mining
Australia
- Australian Council of Superannuation Investors (ACSI)
- Alphinity Investment Management Limited
- EOS at Federated Hermes
- LGPS Central
- Phoenix Group
- Sustainalytics Stewardship Services
- Victorian Funds Management Corporation
Engagement group full
Buenaventura
Metals & Mining
United States
- Fineco Asset Management DAC
- Church Commissioners for England
- Ohman
- Schelcher Prince Gestion
Engagement group open to additional investors
China Shenhua
Metals & Mining
China
Engagement on hold until additional investors join - welcoming applicants
CLP Holdings
Electric utilities
Hong Kong
- Global Delta Capital
- HSBC Global Asset Management
- APG Asset Management
- Legal & General Investment Management (Holdings)
- Morgan Stanley Investment Management
- PIRC Limited
- Resona Asset Management Co., Ltd.
Engagement group open to additional investors
Coal India
Metals & Mining
India
- Columbia Threadneedle Investments
- ESG Portfolio Management
- Resona Asset Management Co., Ltd.
Engagement group open to additional investors
Duke Energy
Electric utilities
United States
- Mercy Investment Services, Inc.
- EOS at Federated Hermes
- Credit Mutuel Asset Management
- Pension Insurance Corporation plc
- Western Asset Management Company
Engagement group full
E. ON
Electric utilities
Germany
- Ethos Foundation
- Pensioenfonds Detailhandel
- Bank J. Safra Sarasin Ltd
- Cardano Asset Management N.V
- Danske Bank
- Phoenix Group
Engagement group full
EDF
Electric utilities
France
- Phoenix Group
- Schroders
- abrdn
- OFI Asset Management
- SCOR SE
- Trusteam Finance
Engagement group full
EDP
Electric utilities
Portugal
- Degroof Petercam Asset Management (DPAM)
- LBPAM La Banque Postale Asset Management
- BPI Gestão de Activos - SGFIM S.A.
- CaixaBank Asset Management
- CANDRIAM
- Federated Hermes Limited
- Morgan Stanley Investment Management
Engagement group open to additional investors
Eletrobras
Electric utilities
Brazil
- Eurizon Capital SGR S.p.A.
- Resona Asset Management Co., Ltd.
Engagement group open to additional investors
Enel
Electric utilities
Italy
- EdenTree Investment Management Ltd
- Phoenix Group
- Aviva Investors
- DNB
- DNCA Finance
- Credit Mutuel Asset Management
- PGGM Investments
- Raiffeisen Capital Management
Engagement group full
Engie
Electric utilities
France
- Cardano Asset Management N.V
- Ethos Foundation
- abrdn
- APG Asset Management
- Groupe APICIL
- Mirova
- OFI Asset Management
- Société Générale Investment Solutions
Engagement group full
First Quantum
Metals & Mining
Canada
- BMO Global Asset Management
- DESJARDINS GLOBAL ASSETS MANAGEMENT
- Allianz Investment Management SE
- APG Asset Management
- Mirabaud
- Sustainalytics Stewardship Services
Engagement group full
Freeport-McMoran
Metals & Mining
United States
- AllianceBernstein
- Alphinity Investment Management Limited
- ClearBridge Investments
- Mercy Investment Services, Inc.
- Sustainalytics Stewardship Services
- TD Asset Management (TDAM)
Engagement group full
Glencore
Metals & Mining
Switzerland
- MFS Investment Management
- Morgan Stanley Investment Management
- EOS at Federated Hermes
- Phoenix Group
Engagement group full
Gold Fields
Metals & Mining
South Africa
- Norwegian Government Pension Fund Global (Norwegian Ministry of Finance and Norges Bank Investment Management)
- Old Mutual Investment Group
- CANDRIAM
- GAM Holding AG
- Pensioenfonds Rail & Openbaar Vervoer
- Schroders
Engagement group open to additional investors
Grupo Mexico
Metals & Mining
Mexico
- Amundi
- Eurizon Capital SGR S.p.A.
- Pensioenfonds Rail & Openbaar Vervoer
- Resona Asset Management Co., Ltd.
- Universities Superannuation Scheme
Engagement group open to additional investors
Iberdrola
Independent power and renewable energy producer
Spain
- MN
- Resona Asset Management Co., Ltd.
- Allianz Global Investors
- CaixaBank Asset Management
- Calvert Research and Management
- IBERCAJA AM
Engagement group full
Lundin Mining
Metals & Mining
Canada
- BMO Global Asset Management
- Ohman
- Bank J. Safra Sarasin Ltd
- Danske Bank
- Folksam
- Storebrand Asset Management
Engagement group full
Newmont
Metals & Mining
United States
- MN
- Sustainalytics Stewardship Services
- Handelsbanken Fonder
- Mercy Investment Services, Inc.
- Resona Asset Management Co., Ltd.
Engagement group full
NextEra
Electric utilities
United States
- CCLA
- LGT Private Banking
- Mercy Investment Services, Inc.
- MN
- Morgan Stanley Investment Management
- PIMCO
- MetLife Investment Management
Engagement group full
Nippon Steel Corporation
Metals & Mining
Japan
- Man Group
- Nomura Asset Management Co., Ltd.
- Asset Management One Co.,Ltd.
- Daiwa Asset Management Co. Ltd
- J.P. Morgan Asset Management
- Sumitomo Mitsui DS Asset Management Company, Limited
Engagement group full
Orsted
Independent power and renewable energy producer
Denmark
- Boston Common Asset Management
- Storebrand Asset Management
- AkademikerPension
- Columbia Threadneedle Investments
- Danske Bank
- Etica SGR
- P+
- Skandia
Engagement group full
Peñoles
Metals & Mining
United States
- AllianceBernstein
- TOBAM
- Danske Bank
- Handelsbanken Fonder
- Pensioenfonds Rail & Openbaar Vervoer
- POLUNIN CAPITAL PARTNERS LTD
Engagement group open to additional investors
POSCO
Metals & Mining
South Korea
- EOS at Federated Hermes
- J.P. Morgan Asset Management
- Arete Ethik Invest AG
- Asset Management One Co.,Ltd.
- Mirae Asset Global Investments (HK)
- Sumitomo Mitsui Trust Asset Management
Engagement group full
Rio Tinto
Metals & Mining
United Kingdom
- Australian Council of Superannuation Investors (ACSI)
- EOS at Federated Hermes
- Alphinity Investment Management Limited
- Aviva Investors
- CANDRIAM
- Generali Insurance Asset Management
- Phoenix Group
- PIMCO
- Schroders
Engagement group full
RWE
Electric utilities
Germany
- APG Asset Management
- Church Commissioners for England
- Carmignac Gestion
- Engagement International
- EOS at Federated Hermes
- Morgan Stanley Investment Management
- Sampension Administrationsselskab A/S
Engagement group full
Siemens Energy
Independent power and renewable energy producer
Spain
- Domini Impact Investments
- Wespath Benefits and Investments
- AP2
- AXA Investment Managers
- Church of England Pensions Board
- Downing LLP
- Storebrand Asset Management
Engagement group full
Southern Company
Electric utilities
United States
- Church Commissioners for England
- Legal & General Investment Management (Holdings)
- Mercy Investment Services, Inc.
- Morgan Stanley Investment Management
- Resona Asset Management Co., Ltd.
Engagement group open to additional investors
Teck Resources
Metals & Mining
Canada
- Credit Mutuel Asset Management
- SHARE - Shareholder Association for Research & Education
- Bank J. Safra Sarasin Ltd
- Caisse de dépôt et placement du Québec (CDPQ)
- Church Commissioners for England
- Fineco Asset Management DAC
Engagement group full
Vale
Metals & Mining
Brazil
- LAPFF
- JGP
- BPI Gestão de Activos - SGFIM S.A.
- PIMCO
- Schroders
- EOS at Federated Hermes
Engagement group full
Zijin
Metals & Mining
China
- Robeco
- Allianz Global Investors
- Amundi
- East Capital
- Resona Asset Management Co., Ltd.
- Sumitomo Mitsui Trust Asset Management
Engagement group full
Please note that this is not necessarily a full list and, in some cases, names may not be displayed. These lists are updated on a quarterly basis, and may not include newer members of the group and/or any other recent changes (Last update: July 2024). Investors can engage with companies as potential or current holders. Participation in a company engagement is not an indication of the investor being invested in said company.
- The PRI is an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact.
- PRI Association, 25 Camperdown Street, London, E1 8DZ, UK
- Company no: 7207947
- +44 (0)20 3714 3141
- [email protected]