Edmond de Rothschild Group

No leading practices were identified for Edmond de Rothschild Group in the governance and strategy measurement area.

As a member of FAIRR, Edmond de Rothschild Group provides evidence that it collectively engages with companies to which it provides financial services on the topic of their nature- and biodiversity-related impacts.

Edmond de Rothschild Group discloses the proportion of women in its total direct operations workforce for each employee category.

Edmond de Rothschild Group could assign responsibility for sustainability to the board of directors and link the remuneration of its executive or management teams to sustainability performance criteria. Moreover, the bank has an opportunity to disclose a commitment to gender equality and women’s empowerment, reach at least 40% of the proportion of women in senior leadership roles, and publish how it addresses any gender pay gaps. In terms of female representation in leadership positions, women are underrepresented on the board of directors where none of the board members are women. Edmond de Rothschild Group can disclose a group-level engagement framework in relation to sustainability topics, including an escalation framework and case studies examples.

Edmond de Rothschild Group could disclose a target to reach net-zero financed emissions by 2050 and the key sectors it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. While the bank discloses that undertakes collective dialogues with companies, it does not specify if these include alignment with a 1.5°C trajectory. Moreover, Edmond de Rothschild Group could disclose its financing activities devoted to climate solutions and related time-bound targets. While Edmond de Rothschild Group’s asset management segment is a signatory of the Finance for Biodiversity Pledge, the bank could provide a commitment to minimise its negative impact on nature and biodiversity at the group level.

Edmond de Rothschild Group could provide publicly available policy statements committing it to respect human rights, the ILO core labour rights, and the health and safety of workers. Moreover, it has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities. Edmond de Rothschild Group discloses the ages of its total direct operations workforce but could publish this information for each employee category. To provide transparency on financial inclusivity, the bank could disclose the amount of finance directed towards women-owned businesses, small- and medium-sized enterprises (SMEs), or low-income developing countries. To conclude, Edmond de Rothschild Group could establish a grievance mechanism accessible to all workers, external individuals, and communities to raise human rights complaints or concerns.