MN

No leading practices identified for the financial institution.

The institution has opportunities to disclose a publicly available policy statement against bribery and corruption, include anti-bribery and anti-corruption clauses in contracts, and link senior executive remuneration to sustainability targets. It can publish a stewardship policy supporting environmental transitions and social best practices, and commit to not using lobbying to negatively impact sustainability. There are opportunities to set time-bound, measurable targets for climate mitigation solutions, develop a nature protection and restoration strategy, and influence clients in similar efforts.

While it discloses scope 1-2 emissions, it can provide detailed figures and monitor scope 3 emissions by category. The institution offers some details on its carbon footprint methodology but can improve by covering all aspects, including emissions coverage and data sources. It is recommended to disclose the breakdown of clients by income group and include risks associated with ILO fundamental rights in its risk assessment process, along with a mitigation strategy for identified risks.

Additionally, it should provide examples of conclusions and actions taken regarding salient human rights issues related to its products, services, and capital 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.