Attijariwafa Bank

The financial institution has a publicly available policy statement expecting suppliers to respect ILO core labor rights. It assigns responsibility for implementing its sustainability strategy to specific functions, teams, or committees within the institution. The institution provides at least one example of how its products, services, and capital support climate adaptation and resilience in society. Additionally, it discloses the amount and/or share (in monetary terms) of products, services, and capital provided to small and medium-sized enterprises.

The financial institution has a publicly available statement committing to ILO fundamental rights at work but could formalise this in a policy approved by its highest governance body. It has the opportunity to disclose its method for determining a living wage in its operational regions. While it identifies material sustainability impacts across its value chain, further detail on the process and criteria for prioritisation is needed.

Recommendations include linking senior executive remuneration to specific sustainability targets, monitoring scope 3 emissions by category, and transparently detailing the methodology for footprint calculations. It is also advised to establish a transition plan for its operations, supply chain, and portfolio, ensuring scope 1-3 emissions align with interim targets.

The breakdown of clients and beneficiaries by income group should be disclosed, and while some country data is available, a comprehensive list is recommended. The risk assessment process should include ILO fundamental rights risks for those affected by its products and services, alongside identifying social risks related to the net zero transition. Lastly, the financial institution should provide examples of conclusions and actions taken regarding salient human rights issues from assessments conducted in the last three years.

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.