Shanghai Pudong Development Bank

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

The institution has opportunities to disclose its methods for determining a living wage in its operational regions and to publish a policy statement against bribery and corruption. It can include anti-bribery and anti-corruption clauses in contracts with business partners. It is recommended to link senior executive remuneration performance criteria to specific sustainability targets. While scope 1-2 emissions are disclosed, further details on scope 2 emissions, whether market-based or location-based, could be provided. Monitoring of other scope 3 categories by type is also recommended, along with a transparent methodology for footprint calculations.

A breakdown of clients and beneficiaries by income group should be disclosed, as well as processes to prevent divestment from low-income and lower-middle countries due to sustainability strategies. The risk assessment process should include risks related to ILO fundamental rights for those affected by its products, services, and capital, with a mitigation process for identified risks.

Additionally, the institution should identify social risks linked to the net zero transition and provide an example of conclusions and actions taken regarding at least one salient human rights issue from 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.