Mubadala Development Company

Mubadala Development Company discloses a target to increase female representation on corporate boards to 20% by 2020.

No leading practices were identified for Mubadala Development Company in the respecting planetary boundaries measurement area.

Mubadala Development Company has a grievance mechanism accessible to all workers to raise human rights complaints or concerns. It also has a publicly available policy statement which shows it is committed to respecting the health and safety of workers. Furthermore, Mubadala Development Company has a policy prohibiting bribery and corruption.

In terms of its approach to senior leadership accountability, Mubadala Development Company could link the remuneration of its executive or management teams to sustainability performance criteria. Moreover, it could disclose a public commitment to gender equality and women’s empowerment and has an opportunity to reach at least 40% female representation in senior leadership positions. Moreover, it could disclose the ratio of basic salary and remuneration of women to men in its total direct operations workforce for each employee category and the actions taken to address any pay gaps. Additionally, Mubadala Development Company has an opportunity to describe its engagement approach on sustainability themes and impact topics with clients and investees.

Mubadala Development Company could disclose a target to reach net-zero financed emissions by 2050 and the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. Mubadala Development Company could also disclose its financing activities devoted to climate solutions. Moreover, regarding nature and biodiversity, it could demonstrate how it is committed to minimising its negative impacts or financing regenerative solutions. No evidence was found regarding Mubadala Development Company’s 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.

Mubadala Development Company has an opportunity to provide a publicly available policy statement committing it to respect human rights laid out in the UN Guiding Principles and the ILO declaration on fundamental rights at work. In addition, 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. Furthermore, Mubadala Development Company could disclose the proportion of its total direct operations workforce for each employee category by age group, gender, race or ethnicity, or another indicator of diversity. To provide transparency on financial inclusivity, Mubadala Development Company has an opportunity to disclose the amount of finance directed towards, for example, women-owned businesses, small- and medium-sized enterprises (SMEs) or low-income developing countries.