The Principles for Responsible Investment (PRI) released its signatory assessment reports earlier this year using an updated scoring methodology, with the University performing above average in three out of four modules. PRI reporting is the largest global reporting project on responsible investment. This UN-supported network of financial institutions aims to understand the investment implications of environmental, social and governance (ESG) factors and supports investors to incorporate these into investment decisions. In the 2023 annual reporting cycle The University of Edinburgh was awarded a maximum five-star rating in both active and passive listed equity modules, highlighting the integration of Environmental, Social and Governance (ESG) principles into the University’s investment portfolios. The University received a four-star rating under the Policy and Governance module, which assesses the scope of the University’s responsible investing policy and integration of ESG into decision-making. In the Confidence Building Measures module, which evaluates data collection processes, the University was given a three-star rating. Click the links below to read the full assessment report and transparency report. Document PRI Assessment report - University of Edinburgh 2023 (1.36 MB / PDF) Document PRI Public Full Transparency Report: The University of Edinburgh (2023) (1.5 MB / PDF) Access the PRI data portal [External]"We strive to be leaders in responsible investment, and the PRI continues to provide valuable guidance as we integrate ESG factors across our investment practices. We're pleased with our recent assessment scores and will further develop our reporting practices in accordance with the PRI's recommendations." Lee Hamill, Director of Finance at the University of EdinburghA leader in responsible investment The University was among the earliest signatories of the United Nation’s PRI initiative, and was selected for the PRI Leaders Group in 2019 – the only UK further and higher education institution to achieve membership of the Group.Investment advisers Mercer conduct an annual Responsible Investment Total Evaluation benchmarking exercise for funds operated by their clients and in August 2024 graded the Endowment Fund ‘A’ and placed it in the top quartile in the UK, comparing with 245 funds. The University’s leadership in responsible investment has also been recognised in the Money for Good category at the Green Gown Awards, receiving a high commendation in 2022 and winning the award in 2019.The University completed divestment from fossil fuels in 2021, and has invested over £60m in renewable energy and sustainable technologies. Responsible Investment The University has also committed £8 million to socially positive causes, supporting organisations, funds and projects that deliver a social benefit alongside a traditional financial return. Socially positive investments Recently, the University joined over 60 UK institutions to ask the banking sector for proposals for products and services that do not support the growth of fossil fuel-related activities. UK universities launch call for banking products that avoid financing fossil fuel expansion Related links UN PRI Socially positive investments Publication date 25 Apr, 2024
