Engagement across the industry is another important aspect of good stewardship. Many ESG industry initiatives exist worldwide, many with broad remits. PGIM has carefully chosen to join those organizations from which it believes its investment businesses will best benefit, and to which it will be best able to make a positive and active contribution.
Under the aegis of PGIM, our investment businesses are members of: The Council of Institutional Investors (CII), Institutional Investors Group on Climate Change (IIGCC), IFRS (International Financial Reporting Standards) Sustainability Alliance and ICGN (International Corporate Governance Network). PGIM is also a Research Funding Partner of Transition Pathway Initiative (TPI).
Additionally, PGIM investment businesses collaborate with world-leading organizations in their own name, including, amongst others: