The Predistribution Initiative

Launched in April 2019, the Predistribution Initiative (PDI) is a non-profit multistakeholder effort to co-create improved investment structures and practices for mainstream markets with risk-adjusted returns that:

• Share more wealth and governance influence with workers and communities;

• Have stronger investment team incentives for ESG integration and systematic risk management; and,

• Ultimately address systemic and systematic risks, including inequality and climate change.

Research includes how to more adequately compensate stakeholders for the risk that they take and value that they create throughout the “capital markets value chain,” from workers, middle management, and senior management in portfolio companies, to asset managers, intermediaries, and asset owners and allocators.

PDI pursues this mission through engaging asset owners and allocators, asset managers, companies, labor advocates, civil society organizations, academics, accountants, lawyers, policymakers, and other interested parties via interactive workshops, discussions, interviews, surveys, research, publications, and field building. In particular, the organization aims to raise awareness about environmental, social, and governance (ESG) risks related to investment structures, analysis, and asset allocation methodologies, as well as to facilitate the co-creation of approaches to measure, manage, and avoid such risks.

More information may be found at www.predistributioninitiative.org. PDI is a fiscally sponsored project of Community Initiatives.