GRI Index
This report covers calendar year 2022 and aligns with the Global Reporting Initiative (GRI) reporting guidelines and its core reporting option and Sustainability Accounting Standards Board (SASB) metrics for Asset Management & Custody Activities. The table below shows where you can find the information related to the various metrics. While most information is found in this report, other primary sources include: Invesco’s 2022 Annual Report, Form 10-K, 2022 Proxy Statement, 2022 CDP submission, Climate Change Report, 2022 ESG Investment Stewardship Report and our corporate website.
| Disclosure Number | Disclosure | Location/Response |
|---|---|---|
| General Disclosures | ||
| GRI 2: General Disclosures 2022 | ||
| The organization and its reporting | ||
| 2-1 | Organizational details | Invesco Ltd. Atlanta, GA, USA |
| 2-2 | Entities included in the organization’s sustainability reporting | 2022 Form 10-K, pg. 2 |
| 2-3 | Reporting period, frequency and contact point | Annually Year end: December 31, 2022 |
| 2-4 | Restatements of information | We restated environmental data (pgs. 43, 46) from years 2019, 2020 and 2021 following updates to methodology as a result of the data assurance process in 2022. |
| 2-5 | External assurance | Invesco seeks limited assurance for Scope 1 and Scope 2 data. |
| Activities and workers | ||
| 2-6 | Activities, value chain and other business relationships | 2022 Form 10-K, Business, pgs. 2–8 |
| 2-7 | Employees | CR indicators>Social Indicators |
| 2-8 | Workers who are not employees | CR indicators>Social Indicators |
| Governance | ||
| 2-9 | Governance structure and composition | 2022 Proxy, Committee Membership and Meetings, pgs. 14–15 |
| 2-10 | Nomination and selection of the highest governance body | 2022 Proxy, Director Recruitment, pgs. 19–20 |
| 2-11 | Chair of the highest governance body | Marty L. Flanagan serves as president of the Board of Directors and chief executive officer. |
| 2-12 | Role of the highest governance body in overseeing the management of impacts | 2022 Proxy, Our Risk Management Framework pg. 23 2022 Proxy, Board’s Role in Risk Oversight, pg. 22 |
| 2-13 | Delegation of responsibility for managing impacts | 2022 Proxy, Environmental, Social and Governance (ESG) responsibility, pgs. 24-28 |
| 2-14 | Role of the highest governance body in sustainability reporting | Our CR program |
| 2-15 | Conflicts of interest | Ethics & compliance |
| 2-16 | Communication of critical concerns | 2022 Proxy, Communications with the Chair and other non-executive directors, pg. 22 |
| 2-17 | Collective knowledge of the highest governance body | 2022 Proxy, Director orientation and continuing education and development, pg. 20 |
| 2-18 | Evaluation of the performance of the highest governance body | 2022 Proxy, Board evaluation process, pg. 20 |
| 2-19 | Remuneration policies | 2022 Proxy, Our compensation framework, pgs. 45-50 |
| 2-20 | Process to determine remuneration | 2022 Proxy, The committee’s process for determining executive compensation, pgs. 57-58 |
| 2-21 | Annual total compensation ratio | 2022 Proxy, CEO pay ratio, pg. 72 |
| Strategy, policies and practices | ||
| 2-22 | Statement on sustainable development strategy | A message from Invesco’s President & CEO |
| 2-23 | Policy commitments |
|
| 2-24 | Embedding policy commitments | Ethics & compliance |
| 2-25 | Processes to remediate negative impacts | Ethics & compliance |
| 2-26 | Mechanisms for seeking advice and raising concerns | Ethics & compliance |
| 2-27 | Compliance with laws and regulations | There were zero instances of non‑compliance in 2022. |
| 2-28 | Membership associations | A member of:
A signatory to:
Additionally, GRESB provides the basis for the reporting, scoring and peer ranking of Invesco Real Estate’s (IRE’s) ESG management and policies:
|
| Stakeholder engagement | ||
| 2-29 | Approach to stakeholder engagement | Our CR program |
| 2-30 | Collective bargaining agreements | Invesco retains strong relationships with its employees and does not disclose collective bargaining agreements at this time. |
| Material topics | ||
| GRI 3: Material Topics 2022 | ||
| 3-1 | Process to determine material topics | Our CR program |
| 3-2 | List of material topics | Our CR program |
| 3-3 | Management of material topics | Our CR program |
| GRI 200: Economic | ||
| GRI 201: Economic performance | ||
| 3-3 | Management of material topics | 2022 Form 10-K, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, pgs. 27-59 |
| 201-1 | Direct economic value generated and distributed | 2022 Form 10-K, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, pgs. 27-59 |
| 201-2 | Financial implications and other risks and opportunities due to climate change | 2022 Form 10-K, Risks Related to Operations and Technology, pg. 13 |
| 201-3 | Defined benefit plan obligations and other retirement plans | 2022 Form 10-K, Retirement Benefit Plans, pgs. 89-93 |
| 201-4 | Financial assistance received from government | No financial assistance was received from the government in 2022. |
| GRI 205: Anti-corruption | ||
| 3-3 | Management of material topics | Ethics & compliance |
| 205-1 | Operations assessed for risks related to corruption | Ethics & compliance |
| 205-2 | Communication and training about anti-corruption policies and procedures | Ethics & compliance Anti-Bribery and Corruption and Fraud Prevention trainings are mandatory for all employees and directors and administered every other year. |
| 205-3 | Confirmed incidents of corruption and actions taken | Zero incidents of corruption took place in 2022. |
| GRI 302: Energy | ||
| 3-3 | Management of material topic | Energy & emissions |
| 302-1 | Energy consumption within the organization | Energy & emissions |
| 302-2 | Energy consumption outside of the organization | Energy & emissions |
| 302-3 | Energy intensity | 3,083.51 kWh/employee |
| 302-4 | Reduction of energy consumption | Energy & emissions |
| GRI 303: Water and effluents | ||
| 3-3 | Management of material topic | Water & waste |
| 303-1 | Interactions with water as a shared resource | Water & waste |
| 303-2 | Management of water discharge‑related impacts | Water & waste |
| 303-3 | Water withdrawal | Water & waste |
| 303-4 | Water discharge | Water & waste |
| 303-5 | Water consumption | Water & waste |
| GRI 305: Emissions | ||
| 3-3 | Management of material topic | |
| 305-1 | Direct (Scope 1) GHG emissions | Energy & emissions |
| 305-2 | Energy indirect (Scope 2) GHG emissions | Energy & emissions |
| 305-3 | Other indirect (Scope 3) GHG emissions | Energy & emissions |
| 305-4 | GHG emissions intensity | 2022 CDP Climate Change, C6.1, C6.2, 6.3, 6.4, 6.5, 6.10 |
| 305-5 | Reduction of GHG emissions | |
| 305-6 | Emissions of ozone-depleting substances (ODS) | N/A |
| 305-7 | Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions | N/A |
| GRI 306: Waste | ||
| 3-3 | Management of material topic | Water & waste |
| 306-1 | Waste generation and significant waste‑related impacts | Water & waste |
| 306-2 | Management of significant waste‑related impacts | Water & waste |
| 306-3 | Waste generated | Water & waste |
| 306-4 | Waste diverted from disposal | Water & waste |
| 306-5 | Waste directed to disposal | Water & waste |
| GRI 400: Social | ||
| GRI 401: Employment | ||
| 3-3 | Management of material topic | People |
| 401-1 | New employee hires and employee turnover | CR indicators |
| 401-2 | Benefits provided to full-time employees that are not provided to temporary or part-time employees | Employee engagement & well-being |
| 401-3 | Parental leave | CR indicators |
| GRI 403: Occupational health and safety | ||
| 3-3 | Management of material topic | EHS management |
| 403-1 | Occupational health and safety management system | EHS management |
| 403-2 | Hazard identification, risk assessment, and incident investigation | EHS management |
| 403-3 | Occupational health services | EHS management |
| 403-4 | Worker participation, consultation, and communication on occupational health and safety |
|
| 403-5 | Worker training on occupational health and safety | Occupational Health and Safety training is required for every Invesco employee. EHS management |
| 403-6 | Promotion of worker health | |
| 403-7 | Prevention and mitigation of occupational health and safety impacts directly linked by business relationships | EHS management |
| 403-8 | Workers covered by an occupational health and safety management system | All employees, contractors and clients are covered by our EHS management system. |
| 403-9 | Work-related injuries | For 2022, the total recordable injury rate (TRIR) was 0.01, and the lost time case (LTC) incident rate was 0. |
| GRI 404: Training and education | ||
| 3-3 | Management of material topic | Professional development |
| 404-1 | Average hours of training per year per employee | Professional development |
| 404-2 | Programs for upgrading employee skills and transition assistance programs | Professional development |
| 404-3 | Percentage of employees receiving regular performance and career development reviews | CR indicators |
| GRI 405: Diversity and Equal Opportunity | ||
| 3-3 | Management of material topic | Diversity, equity & inclusion Inclusive talent pipeline |
| 405-1 | Diversity of governance bodies and employees | CR indicators Inclusive talent pipeline |
| 405-2 | Ratio of basic salary and remuneration of women to men | Fair compensation UK Fair Gender Pay Gap Report |
| GRI 406: Non-discrimination | ||
| 3-3 | Management of material topic | Diversity, equity & inclusion |
| 406-1 | Incidents of discrimination and corrective actions taken | Fair labor practices |
| GRI 413: Local Communities | ||
| 3-3 | Management of material topic | Resilient Communities |
| 413-1 | Operations with local community engagement, impact assessments, and development programs | Financial literacy Invesco Cares Education support |
| 413-2 | Operations with significant actual and potential negative impacts on local communities | Resilient Communities |
| GRI 415: Public Policy | ||
| 3-3 | Management of material topic | Ethics & compliance |
| 415-1 | Political contributions | Ethics & compliance |
| GRI 418: Customer Privacy | ||
| 3-3 | Management of material topic | Security & privacy |
| 418-1 | Substantiated complaints concerning breaches of customer privacy and losses of customer data | Zero substantiated complaints concerning breaches of customer privacy received in 2022. |