PRI looking to spur action on DEI (and warns on say-on-climate)

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Recently, PRI issued a new report – “Diversity, equity & inclusion: Key action areas for investors” – to kick off a multi-year initiative that asks its investor signatories to use their clout to effect action on DEI across their portfolio companies.

In addition, PRI issued this “investor briefing” recommending that investors consider the possible unintended consequences when voting on management or shareholder proposals on climate plans – because supporting unsuitable or inadequate plans might outweigh any potential benefits. PRI recommends engagement or other routes of effecting change in the climate area…