American Century

The financial institution assigns decision-making and oversight responsibility for its sustainability strategy to the highest governance body, with implementation responsibility delegated to relevant functions, teams or committees.

The financial institution could disclose third-party assurance for target reporting, link senior executive remuneration to sustainability targets, and ensure its stewardship policy aligns with environmental transitions and social best practices. Also, it has an opportunity to disclose a complete list of trade associations of which it is a member. It is advised to monitor scope 3 categories, detail its footprint calculation methodology, and establish a transition plan for its operations, supply chain, and portfolio. It could also ensure scope 1-3 emissions align with interim targets.

The financial institution could provide a breakdown of clients by income group and disclose processes to avoid unintended divestment from low-income countries. It has an opportunity to include risks related to ILO fundamental rights at work in its risk assessment, and mitigate identified risks. It could also identify social risks linked to the net zero transition and provide an example of actions taken on salient human rights issues of its products, services and capital in the last three years. In addition, it commits to respecting the ILO fundamental rights at work but has the opportunity to formalise this in a policy document. It can disclose how it determines a living wage in its operational regions and provide a publicly available policy statement against bribery and corruption, including relevant clauses in contracts.

This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.