Bridgewater Associates is an asset management firm, founded in 1975. The financial institution is headquartered in Westport, Connecticut. The Company offers portfolio management and advisory services to individuals, institutions, trusts, private funds, charitable organizations, and investment companies. As of 2021, it had 1500 employees and USD 25 billion in assets under management.
There is no evidence that Bridgewater Associates assigns responsibility for sustainability to its highest governing 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 Bridgewater Associates commits to gender equality and women’s empowerment. Therefore, Bridgewater Associates has an opportunity to disclose how it is addressing the gender pay gap as well as the representation of women in senior leadership roles. Women are underrepresented on the board of directors where only two out of 12 board members are women. Moreover, there is no evidence that the financial institution’s engagement policy includes clear frameworks with success criteria and escalation points.
There is no evidence that Bridgewater Associates 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 Bridgewater Associates 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 Bridgewater Associates has a publicly available policy statement committing it to respect human rights. 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. Bridgewater Associates 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 finance directed towards, for example, women-owned businesses, small- and medium-sized enterprises or low-income developing countries.