Shanghai Pudong Development Bank

No leading practices were identified for Shanghai Pudong Development Bank in the governance and strategy measurement area.

Shanghai Pudong Development Bank discloses the aggregate amount and share of finance it devotes to climate solutions while specifying what these solutions are.

Shanghai Pudong Development Bank discloses the amount of finance it directs towards usually excluded groups and SMEs.

In terms of its approach to senior leadership accountability, Shanghai Pudong Development Bank has an opportunity to assign responsibility for sustainability to the group’s highest governing body and link the remuneration of its executive and management teams to sustainability performance criteria. Furthermore, no evidence was found that the financial institution is committed to gender equality and women’s empowerment. Shanghai Pudong Development Bank could disclose the proportion of women in senior leadership roles as well as how it addresses any gender pay gaps. The financial institution has an opportunity to describe its engagement approach on sustainability themes and impact topics with clients.

There is no evidence that Shanghai Pudong Development Bank discloses a target to reach net-zero financed emissions by 2050. It has an opportunity to disclose the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. The financial institution could align its climate solutions with internationally recognised frameworks. Shanghai Pudong Development Bank has an opportunity to disclose time-bound targets explicitly for its climate solutions and its progress against these targets. Regarding nature and biodiversity, no evidence was found that the financial institution is committed to minimising its negative impacts or financing regenerative solutions.

There is no evidence that Shanghai Pudong Development Bank has a publicly available policy statement committing it to respect human rights laid out in the UN Guiding Principles and the ILO declaration on fundamental rights at work. Therefore, it has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. It also has an opportunity to disclose the proportion of its total direct operations workforce for each employee category by age group, gender or another indicator of diversity. Furthermore, it could disclose the amount of finance directed towards low-income developing countries.