Council Commitment Index​

Knowing that words alone are not enough, each organization is making a series of commitments about how we will operate our institutions to advance Inclusive Capitalism.

TO DATE WE HAVE 235 Commitments
from 32 ORGANIZATIONS

Organization Priority Areas Commitment SDGs
Allianz Set long-term climate targets for our proprietary investments and business operations in line with the Paris Climate Agreement’s goal to limit global warming to 1,5°C. (Metric: Climate targets for prop. investments and bus. operations set by Q1 2021)
Allianz Fully phase out coal-based business models across our proprietary investments and property-casualty portfolios by 2040 at the latest.
Allianz Allianz will reduce CO2 emissions per employee by 30% by 2020 (2010 baseline 3.7tCO2e/employee) and energy consumption per employee by 30% by 2020 (2010 baseline 24.3 GJ/ employee) and will source 100% renewable energy by 2023, Status 2019: 49%
Allianz Allianz is committed to inclusive meritocracy and commits to achieving 73%+ IMIX score in 2021 within Allianz Group (2018: 71%, 2019: 73%), Metric: % IMIX score
Allianz Achieve 25% women in Boards of Management globally by the end of 2021, goal reached, 2019: 31%.
Allianz Communicate transparently and reliably about our corporate responsibility (CR) commitments and our CR performance, Metrics: Annual Sustainability Report, Non-financial Report, Group Tax Transparency Report and People Fact Book published.
Allianz Improve process and data quality to further integrate CR throughout our entities, Metric: Annual external assurance reviews of CR/ESG processes and data conducted.
Allianz 75%+ of our business segments achieving above market average or a loyalty leader position by 2021 (2015: 50%, 2019: 70%). Metric: % of our business segments achieving above market average or a loyalty leader position.
Allianz Increase partnership footprint with SOS Children’s Villages to 31 countries by 2021, Status 2019: 24, Metric: No. of partnerships with SOS Children’s Villages.
Allianz Promote cooperation and partnerships around the world where our business is present and ones that focus their work on social development projects for underprivileged children and youth, Metric: No. of projects supported, 5 in 2019.
Allianz Support social and environmental initiatives through financial donations, strategic partnerships, charitable memberships and our global network of foundations as well as corporate volunteering programs, Metric: different, please see details.
Allianz Enhance digital access to products, Status: 100% of all products launched are digital, Metric: % digital products of all products launched
    Amundi Amundi commits to integrating above-market ESG criteria into all asset management activities by having all actively managed open-ended funds maintaining a higher ESG score than their benchmark index by the end of 2021.
    Amundi Amundi commits to investing in specific environmental and social initiatives by doubling targeted assets from €10bn to €20bn by the end of 2020.
    Amundi Amundi commits to enhancing engagement with companies on key ESG issues across portfolios by becoming 100% ESG in its ratings, management, and voting by the end of 2021.
    Amundi Amundi commits to disclosing the risks and opportunities presented by climate change by working with systemically important emitters to reduce emissions by 45 percent by 2030 compared with 2010 levels to meet net-zero targets.
    Amundi Amundi commits to increasing social cohesion and solidarity by increasing the Finance&Solidarité fund from AuM €200m to €500m by 2021.
    Bank of America Through our partnership with the Tory Burch Foundation Capital Program, Bank of America is committing to provide $100 million in capital to connect women small business owners to affordable loans.
    Bank of America Bank of America is committing to continue to support our teammates’ wellbeing during the health crisis, including by reimbursing teammates up to $100 a day for securing their own child care.
    Bank of America Bank of America remains committed to hiring and supporting military personnel and their families who contribute so much to our company, our communities and our country.
    Bank of America Bank of America is committing to maintain carbon neutrality and will work to reduce even further our carbon footprint by lessening Scope 1 and 2 emissions, and by purchasing 100% of our electricity from renewable sources.
    Bank of America Bank of America is committing to additional transparency in how we govern our activities, including working with other financial institutions to create a methodology for measuring financed emissions and beginning to report financed emissions by 2023.
    Bank of America Bank of America will mobilize an additional $300 billion in capital by 2030 through our Environmental Business Initiative to accelerate the transition to a low-carbon, sustainable economy.
    Bank of America Bank of America is committed to provide $1 billion through 2024 of additional support to help local communities address economic and racial inequality accelerated by a global pandemic.
    Bank of America Bank of America is committing to address barriers to affordable homeownership by providing $5 billion through 2025 to help more than 20,000 individuals and families purchase a home.
    Bank of America Bank of America's Pathways Program is a 5-year commitment to hire 10,000 individuals from low- and moderate-income neighborhoods into the bank's Consumer and Small Business division, and to provide skills training including with non-profit partners.
    Bank of America Bank of America is committing to continue to recognize and reward performance, and to be an industry leader in establishing an internal minimum rate of pay.
    Bank of America Bank of America is committing to expanding access to training to reach 50,000 women small business owners through enrollment in the Bank of America Institute for Women’s Entrepreneurship at Cornell.
    BP We aim to reduce operational emissions to net zero by 2050 or sooner, with a target of 20% reduction by 2025 and aim for 30-35% reduction by 2030.
    BP We aim to get to net zero on an absolute basis across the carbon in our oil and gas production by 2050 or sooner, with a target of 20% reduction by 2025 and aim for 35-40% reduction by 2030.
    BP We aim to get to net zero on an absolute basis across the carbon in our oil and gas production by 2050 or sooner, with a target of 20% reduction by 2025 and aim for a 35 - 40% reduction by 2030.
    BP We aim to halve the carbon intensity of the products we market by 2050 or sooner, with a target of 5% reduction by 2025 and aim for at least 15% reduction by 2030.
    BP We aim to install methane measurement at our major oil and gas processing sites by 2023, publish the data, and then drive a 50% reduction in methane intensity in our operations.
    BP We aim to increase the proportion of investment we make into our non-oil and gas businesses, by up to eight-fold by 2025 and 10-fold by 2030 to around $5 billion per year.
    BP bp will more actively advocate for policies that support net zero, including carbon pricing.
    BP We aim to incentivise our global workforce to deliver on our aims and mobilise them to become advocates for net zero, by linking compensation with low carbon metrics for around 37,000 employees and senior leadership.
    BP Our new Regions, Cities and Solutions team will help countries, cities and corporations around the world decarbonize, aiming to partner with 10-15 cities and 3 industrial sectors: high-tech and consumer products, heavy transport and heavy industry.
    BP bp commits to no oil and gas exploration and production in the most sensitive protected areas, and aims to achieve net positive impact on biodiversity in our new projects and to enhance biodiversity around our existing major operating sites.
    BP We will support the market for Natural Climate Solutions to grow, aiming to have access to carbon credits from around 100 NCS projects in our portfolio.
    BP In 2020 bp updated its human rights policy to address emerging human rights issues relevant to our industry; clarify our human rights commitments; and communicate how bp’s approach to managing human rights impacts has advanced.
    BP In the UK, bp has launched a framework for action on racial injustice implementing commitments across transparency, accountability and talent through 2020 and 2021.
    BP In the US, bp has launched a framework for action on racial injustice implementing an initial set of commitments across transparency, accountability and talent through 2020 and 2021.
    Brunello Cucinelli S.p.A. Brunello Cucinelli commits to reducing its environmental footprint by requiring supplier compliance with national and international environmental regulations.
    Brunello Cucinelli S.p.A. Brunello Cucinelli commits to identify and implement measures to improve its employees' work environment and health by introducing preventive measures to meet specific corporate departments and individual workers' needs.
    Brunello Cucinelli S.p.A. Brunello Cucinelli commits to reducing its environmental footprint by moving office electricity suppliers to renewable energy.
    Brunello Cucinelli S.p.A. Brunello Cucinelli commits to reducing its environmental footprint by reducing paper use across its business in accordance with the Paris Agreement.
    Office of the California State Treasurer We are committed to providing a retirement savings program for private sector workers whose employers do not offer a retirement plan by aiming to enroll hundreds of thousands of actively contributing participants into CalSavers by 2023.
    Office of the California State Treasurer We commit to helping people with disabilities realize the opportunity to save and grow their money in tax-advantaged accounts by increasing program enrollment in CalABLE by 250% by December 2030.
    Office of the California State Treasurer We commit to promoting a more just response to climate change by establishing a Green Bond Honor Roll and enlisting U.S. State Treasurers by 2023 who will make a public commitment to prioritizing the use of green bonds.
    Office of the California State Treasurer Expand thrift programs such as saving for higher education, retirement and caring for those Californians with disabilities by providing accessibility of our capitalistic system’s forces for vulnerable persons.

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