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Ohio Deferred Compensation

Ohio Public Employees Deferred Compensation Program is a US-based supplemental retirement plan for all Ohio public employees. The financial institution is a non-profit organisation created by Ohio legislation in 1976. A 13-member board, composed of public employees, retirees, and appointed investment experts, selects and monitors investment options alongside an independent investment consultant. During the assessed period total assets corresponding to USD 19.4 billion were reported.

Ranking position
#345 /400
Total score
1.0 /100
Industry
Asset owners #65
Pension funds #38
Measurement area Score Rank (0-400)

Strategy, governance and stewardship

0.0 /100 #329

Respecting climate and nature

0.0 /100 #253

Environmental footprints

0.0 /100 #233

Inclusive finance

4.2 /100 #171

Responsible business conduct

0.0 /100 #317

Leading practices

The financial institution discloses its operation by country (e.g. by number of employees or revenue).

Risks and opportunities

The financial institution has opportunities to disclose its methodology for determining a living wage in its operational regions and to provide a publicly available policy statement against bribery and corruption. It can include anti-bribery and anti-corruption clauses in contracts with business partners. Recommendations include linking senior executive remuneration performance criteria to specific sustainability targets, monitoring scope 3 emissions by category, and transparently detailing the methodology for footprint calculations. It is advised to establish a transition plan for its operations, supply chain, and portfolio, and to ensure that scope 1-3 emissions align with interim targets. Additionally, a breakdown of clients and beneficiaries by income group should be disclosed, along with a risk assessment process that considers ILO fundamental rights at work. The institution should also identify social risks related to the net zero transition and provide examples of conclusions and actions taken regarding salient human rights issues from assessments in the past three years.

The financial institution has opportunities to disclose its methodology for determining a living wage in its operational regions and to provide a publicly available policy statement against bribery and corruption. It can include anti-bribery and anti-corruption clauses in contracts with business partners. Recommendations include linking senior executive remuneration performance criteria to specific sustainability targets, monitoring scope 3 emissions by category, and transparently detailing the methodology for footprint calculations. It is advised to establish a transition plan for its operations, supply chain, and portfolio, and to ensure that scope 1-3 emissions align with interim targets.

Additionally, a breakdown of clients and beneficiaries by income group should be disclosed, along with a risk assessment process that considers ILO fundamental rights at work. The institution should also identify social risks related to the net zero transition and provide examples of conclusions and actions taken regarding salient human rights issues from assessments in the past three years.

Disclaimer

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.

See results for

  1. 2022

More about the company

Headquarters
United States
Ownership structure
Government
Results 2024
Total assets: USD 19.4 billion;
Number of employees
-
Website
https://www.ohio457.org/home

This financial institution is part of the SDG2000, the 2,000 most influential companies

See company profile