The Principles for Responsible Investment (PRI) was launched at the NY Stock Exchange. PRI was was created by group of institutional investors convened by the UN Secretary General in 2005.
Freshfields Report encouraging ESG integration published by UNEPFI
The report “A Legal Framework for the Integration of Environmental, Social and Governance Issues into Institutional Investments” was published by the Asset Management Group of the UN Enviromental Programme Finance Initiative (UNEPFI). The report permitted and encouraged ESG integration.
Kyoto Protocol comes into effect
Eight years after its signing, ratification of the Kyoto Protocol was completed, putting the treaty in force.