The D. E. Shaw group is an investment firm established in 1988. It is headquartered in New York, United States and has offices in North America, Europe, and Asia. The company offers financial services such as asset management, quantitative investing and portfolio management. As of June 1, 2022, D. E. Shaw group has more than USD 60 billion in investment capital.
In terms of its approach to senior leadership accountability, there is no evidence that the financial institution assigns responsibility for sustainability to the group’s highest governing body. There is no evidence that D.E. Shaw Group links the remuneration of its executive or management teams to sustainability performance criteria. While the asset manager is involved in multiple programmes focused women and girls, no evidence was found that the financial institution is committed to gender equality and women’s empowerment. Furthermore, it has an opportunity to disclose the proportion of women in its highest governing body and in senior leadership roles as well as how it addresses any gender pay gaps. The financial institution also has an opportunity to describe its engagement approach on sustainability themes and impact topics with investees.
There is no evidence that D.E. Shaw Group discloses a target to reach net-zero financed emissions by 2050. Furthermore, it 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 the financial institution discloses its financing activities devoted to climate solutions and that it is committed to minimising its negative impacts or financing regenerative solutions.
There is no evidence that the D.E. Shaw Group a publicly available policy statement committing it to respect human rights laid out in the United Nations Guiding Principles on Business and Human Rights and the ILO declaration on fundamental rights at work. It has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. To provide transparency on financial inclusivity, the financial institution has an opportunity to disclose the amount of investments directed towards low-income developing countries.