Climate change
We believe that climate change is one of the most urgent environmental and social issues of our time. When serving customers, we utilize a risk-based approach to identify, assess, and manage environmental and social considerations, including climate change. We apply internal policies and monitoring capabilities to assess where climate-driven risks may adversely impact a customer’s near- and long-term environmental, social, and financial performance.
See our Climate Change Issue Brief (PDF) for more information.
Human rights
We recognize the role corporations play in society, and we understand our responsibility to respect human rights in our operations and through our business relationships. At the enterprise level, our Human Rights Statement (PDF) guides our efforts with key stakeholders, including employees, consumers, business customers, and suppliers. The ESRM process includes performing human rights due diligence and analyzing third-party environmental, social, and governance research for sectors subject to our review. We take allegations of human rights abuses seriously. When our research uncovers such allegations or they are brought to our attention, we often engage with our customers to understand their risk management approach and actively monitor developments over time. Our Environmental, Social, and Governance (ESG) Report (PDF) includes detail about our human rights governance, due diligence, grievance mechanisms, training, and collaboration with others. We recognize our role in preventing modern slavery as noted in our UK modern slavery statement (PDF), including human trafficking, both in our operations and in our supply chain.
Indigenous Peoples
We respect Indigenous Peoples’ rights to determine their own way of life on their own lands, according to their time-honored cultures, traditions, and beliefs. We recognize the rights of these communities to meaningful and appropriate consultation regarding issues affecting their sacred lands and natural resources —traditionally owned or otherwise occupied and used. Our Indigenous Peoples Statement (PDF), developed in consultation with tribal leaders, Indigenous stakeholders, and their representatives, helps guide our decision-making for transactions where indigenous communities may be impacted.