Teacher Retirement System of Texas

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

The financial institution has a publicly available statement on some ILO fundamental rights at work, but it lacks a formal policy approved by the highest governance body and does not encompass all fundamental rights. There is an opportunity to disclose how a living wage is determined in its operational regions and to issue a public policy statement against bribery and corruption. Including anti-bribery and anti-corruption clauses in contracts with business partners is also suggested. Recommendations include linking senior executive remuneration to specific sustainability targets, monitoring scope 3 categories, and detailing the methodology for footprint calculations. Additionally, establishing a transition plan for operations, supply chain, and portfolio, and ensuring scope 1-3 emissions align with interim targets are advised. A breakdown of clients by income group and incorporating risks related to ILO fundamental rights in the risk assessment process are recommended. Furthermore, identifying social risks associated with the net zero transition and providing examples of conclusions and actions taken regarding salient human rights issues from assessment processes in the last three years are suggested.

The financial institution has a publicly available statement on some ILO fundamental rights at work, but it lacks a formal policy approved by the highest governance body and does not encompass all fundamental rights. There is an opportunity to disclose how a living wage is determined in its operational regions and to issue a public policy statement against bribery and corruption. Including anti-bribery and anti-corruption clauses in contracts with business partners is also suggested. Recommendations include linking senior executive remuneration to specific sustainability targets, monitoring scope 3 categories, and detailing the methodology for footprint calculations. Additionally, establishing a transition plan for operations, supply chain, and portfolio, and ensuring scope 1-3 emissions align with interim targets are advised. A breakdown of clients by income group and incorporating risks related to ILO fundamental rights in the risk assessment process are recommended. Furthermore, identifying social risks associated with the net zero transition and providing examples of conclusions and actions taken regarding salient human rights issues from assessment processes in the last three years are suggested.

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.