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Ariel Investments Receives Top Ratings from the Principles of Responsible Investment (PRI) Independent Assessment

Ariel Investments, LLC, (“Ariel” or the “firm”) a global value-oriented asset management firm, announced that it received top ratings from the Principles of Responsible Investment (PRI) independent assessment. Ariel received the highest rating of five stars for the “Listed Equity – Active Fundamental” module, exceeding the median score of all reporting signatories. For the “Policy Governance and Strategy” module, Ariel received four stars, also outpacing the median score. Finally, the firm received four stars for the “Confidence Building Measures” module.

“We are pleased the PRI recognizes Ariel’s steadfast commitment to incorporating sustainability-related principles across our investment activities and leading by example as a firm,” said John Oxtoby, Senior Vice President and Director of ESG Investing. “Since the 1980s, Ariel has been at the forefront of responsible investing, and we remain committed to continuous improvement. We strongly believe ESG performance can be a critical component of investment success over a long-term time horizon.”

Ariel’s annual ESG report outlines the firm’s rigorous approach to ESG investing and highlights additional efforts to increase transparency to stakeholders on key topics, including:

  • Reporting strategy-level ESG characteristics
  • Disclosing proxy voting rationales
  • Publishing Ariel’s first Task Force on Climate-Related Financial Disclosures (TCFD)-aligned climate report

PRI is the largest global ESG reporting and assessment framework with over 5,000 signatories. Its scoring methodology evaluates signatories on the level of sophistication embedded in their responsible investing approach. Ariel reports annually to the PRI.

Further information on Ariel’s approach to ESG can be found at You may visit the following links to download Ariel’s Full Transparency Report and Assessment Report.

About Ariel Investments, LLC

Ariel Investments, LLC is a global value-oriented asset management firm founded in 1983. Ariel is headquartered in Chicago, with offices in New York City, San Francisco and Sydney. As of December 31, 2023, Ariel’s firm-wide assets under management totaled approximately $14.9 billion, which includes assets from Ariel Alternatives. Ariel serves individual and institutional investors through no-load mutual funds, collective investment trusts, private funds and separate account strategies. For more information, please visit

More information on the assessment methodology can be found on PRI’s website, “How investors are assessed on their reporting,” and a companion document explaining the assessment of each indicator. Ratings, rankings and awards do not imply that Ariel Investments will or has been successful in its product and strategy offerings or services, and they may not be indicative of Ariel Investments’ investment performance or any future investment performance or sustainability accomplishments. Ariel Investments did not solicit or pay for any of these ratings, rankings and awards. The rating, ranking or award may not be representative of any client’s individual experience. The information and opinions contained herein are derived from third party sources deemed by Ariel Investments to be reliable, but are not necessarily all inclusive and are not guaranteed as to accuracy or completeness. No part of this material may be reproduced without the prior written consent of Ariel Investments.

Past performance does not guarantee future results. Investing in equity stocks is risky and subject to the volatility of the markets. The performance of any single portfolio holding is no indication of the performance of other portfolio holdings or its strategy. A growth investment strategy seeks stocks that are deemed to have above-average growth potential. Growth stocks offer an established track record and are perceived to be less risky than value stocks. A value investment strategy seeks undervalued stocks that show a strong potential for growth. The intrinsic value of the stocks in which a value strategy invests may be based on incorrect assumptions or estimations, may be affected by declining fundamentals or external forces, and may never be recognized by the broader market.

This document may contain forward‐looking statements relating to the objectives, opportunities, and the future performance of the markets generally. Forward looking statements may be identified by the use of such words as; “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential” and other similar terms. Forward‐looking statements are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting a portfolio’s operations that could cause actual results to differ materially from projected results. Such statements are forward‐looking in nature and involve a number of known and unknown risks, uncertainties and other factors, and accordingly, actual results may differ materially from those reflected or contemplated in such forward‐looking statements. None of Ariel Investments or any of its affiliates or principals nor any other individual or entity assumes any obligation to update any forward‐looking statements as a result of new information, subsequent events or any other circumstances. All statements made herein speak only as of the date that they were made.