GLOBAL - Thirty-seven signatories are standing for the UN Principles for Responsible Investment (PRI) Advisory Council election.
Six asset owners from Australia, France, the Netherlands, Norway, the UK and the US will be competing for two seats on the Advisory Council, the top governance body for the PRI Initiative.
For the first time, non-asset owners will also be represented on the Advisory Council, with 31 investment managers and service providers from six continents vying for four seats.
Wolfgang Engshuber, chair of the PRI Advisory Council said: "The election marks a change for the PRI, with non-asset owners joining the Advisory Council for the first time.
"While the initiative will remain asset owner driven, we will benefit greatly from the perspectives of investment manager and service partner signatories."
The new governance structure of the PRI Advisory Council will, from this year, be made up of 16 members: the chair, two UN representatives, nine asset owners and four non-asset owners.
Of the four non-asset owner positions, one position will be reserved for a service partner and one for an emerging market organisation, whether a manager or service partner.
The election will take place until 25 July and is open to all 900-plus PRI signatories. It is being overseen by UN officials in New York and will be announced in advance of the PRI in Person annual event in September in Paris.
The asset owner candidates are:
The non-asset owner candidates are: