ORIX Group

The financial institution has a publicly available policy statement committing it to respect the ILO core labour rights and expect its suppliers to do the same. It specifies that it does not make political contributions and assigns decision-making and oversight responsibility for its sustainability strategy to the highest governance body. Furthermore, the financial institution has a publicly available policy statement committing it to respect human rights and monitors its Scope 1-2 emissions.

The institution has the opportunity to disclose its method for determining a living wage in its operational regions and to include anti-bribery and anti-corruption clauses in contracts. It identifies material sustainability impacts but could provide more detail on the criteria and evidence used for prioritisation across its value chain.

Recommendations include linking senior executive remuneration to specific sustainability targets, monitoring scope 3 categories, and transparently detailing the methodology for footprint calculations. It is advised to disclose the breakdown of clients by income group and to outline processes to avoid unintended divestment from low-income and lower-middle countries due to sustainability strategies.

Additionally, the risk assessment process should include risks related to ILO fundamental rights for those affected by its products and services, with a mitigation process for identified risks. The institution should also identify social risks linked to the net zero transition and provide an example of actions taken regarding salient human rights issues from assessments in the past 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.