Oregon Public Employees

The financial institution entrusts its highest governance body with decision-making and oversight of its sustainability strategy. Furthermore, the responsibility for implementing this strategy is delegated to specific functions, teams, or committees within the organization. Finally, the institution provides disclosures about its operations by country, such as the number of employees or revenue.

The institution has the opportunity to disclose its method for determining a living wage in its operational regions and to provide a publicly available policy statement against bribery and corruption. It is recommended that it disclose third-party assurance or verification of target reporting and link senior executive remuneration performance criteria to specific sustainability targets. The assessed entity reports emissions from fossil fuel extractions as a percentage of total portfolio emissions, excluding integrated oil and gas companies from this estimate. While there is a statement on excluding investments in private market funds focused on fossil fuels, there is no clear evidence that it does not support new fossil fuel projects or clients involved in such projects. Recommendations include disclosing monitoring of other scope 3 emissions categories, providing comprehensive details on carbon footprint methodology, ensuring scope 1-3 emissions align with interim targets, and breaking down clients by income group. It is advised to include risks related to ILO fundamental rights in its risk assessment process and to provide examples of conclusions and actions taken regarding salient human rights issues 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.