Berkshire Hathaway

No leading practices were identified for the financial institution in the governance and strategy measurement area.

No leading practices were identified for the financial institution in the respecting planetary boundaries measurement area.

Berkshire Hathaway has a grievance mechanism accessible to all workers, external individuals and communities to raise human rights complaints or concerns as well as a grievance mechanism for stakeholders to raise concerns and complaints regarding bribery and corruption. Furthermore, the financial institution has a policy prohibiting bribery and corruption. Berkshire Hathaway discloses a breakdown of investees by company size.

In terms of its approach to senior leadership accountability, while Berkshire Hathaway has a Sustainability Leadership Council, there is no evidence that this body has decision-making and oversight responsibility for impact or sustainability or that the end responsibility for sustainability issues lies with this body. There is no evidence that the financial institution links the remuneration of its executive or management teams to sustainability performance criteria. No evidence was found that Berkshire Hathaway is committed to gender equality and women’s empowerment. It has an opportunity to disclose the proportion of women in senior leadership roles as well as how it addresses any gender pay gaps. In terms of female representation in leadership positions, women are underrepresented on the board of directors where only three out of 14 board members are women. The financial institution has an opportunity to describe its engagement approach on sustainability themes and impact topics with investees.

There is no evidence that Berkshire Hathaway discloses a target to reach net-zero financed emissions by 2050. The financial institution 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. There is no evidence that Berkshire Hathaway discloses its financing activities devoted to climate solutions. 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 Berkshire Hathaway has a publicly available policy statement committing it to respect human rights laid out in the UNGPs and the ILO declaration on fundamental rights at work. The financial institution has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. Berkshire Hathaway 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. To provide transparency on financial inclusivity, the financial institution has an opportunity to disclose the amount of investments directed towards low-income developing countries.