Artisan Partners

The financial institution publishes an engagement report describing the outcome of engaging on sustainability impact topics. Decision-making and oversight of the sustainability strategy are assigned to the highest governance body, with performance criteria for senior executive remuneration linked to sustainability targets. Furthermore, it monitors its Scope 1-2 emissions and discloses its operational details by country. However, no leading practices were identified for the institution with regard to Financing Climate and Nature protection and restoration.

The institution has a publicly available policy statement committing to respect specific workers’ rights but could reference all ILO fundamental rights at work. It has the opportunity to disclose its method for determining a living wage in its operational regions and to include anti-bribery and anti-corruption clauses in its contracts with business relationships. While the institution states in its Corporate Sustainability Report 2023 that it does not make political contributions, this commitment is not formalised in a public policy document. Furthermore, it could disclose that it monitors other scope 3 categories, by category, and transparently details the methodology applied in its footprint calculation.

It is recommended that the institution disclose the breakdown of clients or beneficiaries by income group and clarify processes to prevent divestment from low-income and lower-middle-income countries due to its sustainability strategies and targets. Its risk assessment process should incorporate risks related to ILO fundamental rights at work for those affected by its products and services, with a mitigation process for identified risks. Moreover, the institution could strengthen its disclosure by identifying the social risks associated with its financing activities in relation to net zero transition.

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.