Raymond James Financial, Inc. is a diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. As of 2022, the company had approximately 8,700 financial advisors and USD 1.09 trillion in total client assets. The financial institution has been public since 1983 and is listed on the New York Stock Exchange under the symbol RJF.
Raymond James Financial discloses the proportion of women in its total direct operations workforce for each employee category. The financial institution has a grievance mechanism accessible to all workers and external individuals and communities to raise human rights complaints or concerns. The financial institution has a policy prohibiting bribery and corruption as well as a grievance mechanism for stakeholders to raise concerns and complaints regarding bribery and corruption. Moreover, Raymond James Financial discloses a public commitment to protect personal data.
In terms of its approach to senior leadership accountability, there is no evidence that Raymond James Financial links the remuneration of its executive or management teams to sustainability performance criteria. No evidence was found that the financial institution is committed to gender equality and women’s empowerment. It has an opportunity to disclose the proportion of women in senior leadership roles as well as how it addresses any gender pay gaps. Raymond James Financial has an opportunity to describe its engagement approach on sustainability themes and impact topics with clients.
There is no evidence that Raymond James Financial discloses a target to reach net-zero financed emissions by 2050. The financial institution has an opportunity to disclose the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. Raymond James Financial could align its climate solutions with internationally recognised frameworks. Regarding nature and biodiversity, no evidence was found that the financial institution is committed to minimising its negative impacts or financing regenerative solutions.
There is no evidence that Raymond James Financial has a publicly available policy statement committing it to respect human rights laid out in the UNGPs and the ILO declaration on fundamental rights at work. The financial institution has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. There is no evidence that the financial institution discloses the proportion of its total direct operations workforce for each employee category by age group. To provide transparency on financial inclusivity, Raymond James Financial 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.