ADVISORY COMMITTEES
The Board has established five committees that have different areas of responsibility and bring specific investment and operational expertise to the decision-making process. The committees review and analyze proposed investments and issues under their jurisdiction and make recommendations to the Board for consideration and approval by Board vote. Committee members are appointed by the Chair and approved by the Board.
Investment Committee
The Board has established an Investment Committee to advise the Board with respect to the asset allocation policy of PRIM and related investment policies, and to assist the Board in overseeing the investment program. The mandate of the Investment Committee does not include real estate and timber.
Real Estate and Timberland Committee
The Board has established a Real Estate and Timberland Committee to advise the Board in setting investment policy within the real estate and timber portfolios and assist the Board in overseeing these portfolios.
Administration and Audit Committee
The Board has established an Administration and Audit Committee to assist the Board in overseeing all issues related to the governance, administration, and audit functions of PRIM, and to provide recommendations for the Board's consideration.
Stewardship and Sustainability Committee
The Board has established a Stewardship and Sustainability Committee to assist the Board in overseeing all issues related to the development and ongoing implementation of an ESG framework and related engagement activities, and to provide recommendations for the Board’s approval.
Compensation Committee
The Board has established a Compensation Committee to assist the Board in overseeing staff compensation and benefit policies. The Administration and Audit Committee is responsible for assisting the Board on other human resource matters.