Invesco
OVERALL |
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Owned |
BMU |
Rating |
N/A |
Asset management
One of the world's largest asset management companies. It has over $390 billion of assets under management. Invesco is incorporated in Bermuda, headquartered in Atlanta, Georgia and trades on the New York Stock Exchange.
Invesco Ltd | BMU | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Invesco Ltd | ||||
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 79.7/100, ranking 10th in the Financial sector, and 130th overall.
Source: Newsweek (2021) |
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This financial institution received a score of 3%.
Source: Forest 500 (2022)
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$3 billion into 10 of the 20 nuclear weapons producers named in the report.
Source: ICAN (2018)
This company received an S&P Global ESG Score of 39/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
The 2022 Financial System Benchmark ranks 400 financial institutions across three measurement areas: governance and strategy, respecting planetary boundaries (environment, climate and biodiversity) and adhering to societal conventions (human rights). This company ranked #141/400, with a total score of 15.8/100.
Source: World Benchmarking Alliance (2022) |
This company is the world's 67th largest equity owner of companies producing single-use plastic waste, according to Minderoo Foundation's 2021 Plastic Waste Makers Index. Institutional asset managers and global banks are providing billions of dollars to companies that produce polymers from fossil fuels, as much as 100 times more than they provide to companies trying to shift to a circular economy. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Source: Minderoo Foundation (2021)
As You Sow's 2019 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Martin Flanagan came in at number 80 on the list, having been paid US$13,805,195 in 2018. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2019)
In 2022 the median pay for a worker at this company was US$124,898. The CEO was paid 121 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 417th of 937 companies, and 19th of 38 Capital Markets companies.
Source: JUST Capital (2024) |
Company Details
Subsidiaries | Climate Exchange plc (30% owned)
Emissions trading Climate Exchange plc (CLE) is a company listed on the AIM section of the London Stock Exchange. The CLE group is principally engaged in owning, operating and developing exchanges to facilitate trading in environmental financial instruments, including emissions reduction credits, designed to support and lower the economic costs of achieving environmental objectives. Climate Exchange plc has three core operating businesses: European Climate Exchange (ECX) which operates an exchange that focuses on compliance certificates for mandatory European Emissions Trading Scheme ("EU ETS"), Chicago Climate Exchange (CCX ) which operates the world's first voluntary, but contractually binding cap and trade system for greenhouse gas emissions reductions and Chicago Climate Futures Exchange (CCFE), a regulated exchange in the U.S. with a growing portfolio of environmental futures contracts. In addition, Climate Exchange plc is also investing in new product development such as IFEX and in other geographic regions including China, Canada and Australia. - Chicago Climate Exchange, Inc Greenhouse gas cap-and-trade system - European Climate Exchange Carbon trading |
Contact Details
Address | Bermuda |
Website | www.invesco.com |