Baird Financial Corp

No leading practices were identified for Baird Financial Corp in the governance and strategy measurement area.

No leading practices were identified for Baird Financial Corp in the respecting planetary boundaries measurement area.

Baird Financial Corp discloses a global tax strategy for which the chief financial officer has responsibility.

Baird Financial Corp could link the remuneration of its executive or management teams to sustainability performance criteria. It also has an opportunity to disclose a committment to gender equality and women’s empowerment, the proportion of women in senior leadership roles, and how it addresses any gender pay gaps. Baird Financial Corp could describe its engagement approach on sustainability themes and impact topics with clients.

Baird Financial Corp could disclose a target to reach net-zero financed emissions by 2050 and the key sectors it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. Moreover, it has an opportunity to provide evidence of its financing activities devoted to climate solutions. Additionally, Baird Financial Corp could disclose a commitment to minimising its negative impacts on biodiversity. No evidence was found regarding its approach to fossil fuels that spans across the fossil fuel value chain, such as the amount or share of finance it directs towards fuels, or its stance on financing companies with new fossil fuel projects.

Baird Financial Corp could disclose publicly available policy statements committing it to respect human rights, the ILO core labour rights, and the health and safety of workers. Moreover, it can describe a comprehensive process for identifying its human rights risks and impacts across all its activities. In relation to diversity, the wealth manager could publish the proportion of its total direct operations workforce for each employee category by age group and gender. To provide transparency on financial inclusivity, Baird Financial Corp has an opportunity to disclose the amount of finance directed towards women-owned businesses, small- and medium-sized enterprises (SMEs) or low-income developing countries. To conclude, it could establish a grievance mechanism accessible to all workers, external individuals and communities to raise human rights complaints or concerns.