GRI Index
This report covers calendar year 2020 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 2020 Annual Report, Form 10-K, 2020 Proxy Statement, 2020 CDP submission, Climate Change report, 2020 PRI submission, 2020 ESG Investment Stewardship report and our corporate website.
| Disclosure Number | Disclosure Description | Disclosure / Location of Disclosures |
|---|---|---|
| 102-1 | Name of the organization | Invesco Ltd. |
| 102-2 | Activities, brands, products, and services | About Invesco |
| 102-3 | Location of headquarters |
Invesco Ltd. Two Peachtree Pointe 1555 Peachtree Street N.E. Suite 1800 Atlanta GA 30309 |
| 102-4 | Location of operations | Invesco corporate website |
| 102-5 | Ownership and legal form | About this Report |
| 102-6 | Markets served | About this Report |
| 102-7 | Scale of the organization |
About this Report See Invesco's 2020 10-K (p. 4, 32) for information regarding Invesco’s key financials, number of staff, operations, net sales, net revenues and debt. |
| 102-8 | Information on employees and other workers | About this Report |
| 102-9 | Supply chain | Legal, Risk and Regulatory Compliance |
| 102-10 | Significant changes to the organization and its supply chain | There were no significant changes regarding the organization’s size, structure, ownership or its supply chain. |
| 102-11 | Precautionary Principle or approach |
Our Corporate Responsibility Program Sustainable Operations and Environmental Stewardship |
| 102-12 | External initiatives | World Economic Forum; Principles for Responsible Investment (PRI); ISO 14001; the Leadership in Energy and Environmental Design (LEED); CDP; Women in Finance Charter; The Nature Conservancy Georgia; ClimateCare; Globechain; Carbon Trust; Financial Services Council; The MOM Project; Engage Ventures; The Diversity Project; The Race Card Project; Forte Foundation; Rock The Street, Wall Street; PFLAG; INvolve; The Return Hub; CEO Action; Business in the Community; Junior Achievement of Georgia; Scheller College of Business at Georgia Institute of Technology; Cambridge Judge Business School; Urban Green Jobs; Bee Downtown |
| 102-13 | Membership of associations |
Climate Action 100+, Institutional Investors Group on Climate Change (IIGCC), Financial Services Council, Quoted Companies Alliance, Global Real Estate Sustainability Benchmark, Asian Corporate Governance Association, Financial Reporting Council, Audit Quality Review Committee, Company Reporting and Auditing Group, UK Sustainable Investment and Finance Association, Deep Data Delivery Standards, PRI SDG Working Group for Active Ownership, PRI Macroeconomic Risks Advisory Group, PRI Fixed Income Advisory Committee, The PRI’s Advisory Committee for ESG Engagements, PRI ESGE Advisory Committee, Net Zero Asset Managers Initiative |
| Strategy | ||
| 102-14 | Statement from senior decision-maker | A Message from Invesco's President and CEO |
| 102-15 | Key impacts, risks, and opportunities | About this Report |
| Ethics and integrity | ||
| 102-16 | Values, principles, standards, and norms of behavior |
Our Corporate Responsibility Program Code of Conduct 2020 PRI report |
| 102-17 | Mechanisms for advice and concerns about ethics |
Committed to Ethics, Security and Governance Code of Conduct |
| 102-18 | Governance structure |
Committed to Ethics, Security and Governance Proxy Statement 2021 (p. 4, 5) 2020 Invesco 10-K (p. 10) |
| 102-22 | Composition of the highest governance body and its committees | Proxy Statement 2021 (p. 6) |
| 102-23 | Chair of the highest governance body |
Marty L. Flanagan serves as president of the Board of Directors and chief executive officer. |
| 102-24 | Nominating and selecting the highest governance body | Criteria for Selection of Candidates for Membership on the Board of Directors. |
| 102-25 | Conflicts of interest | Committed to Ethics, Security and Governance |
| 102-26 | Role of highest governance body in setting purpose, values, and strategy | The Board is elected by the shareholders to oversee our management team and to seek to assure that the long-term interests of the shareholders are being served. |
| 102-28 |
Evaluating the highest governance body’s performance |
Our Board annually reviews its effectiveness as a group with a questionnaire and confidential and private one-on-one interviews coordinated by an independent external advisor specializing in corporate governance that reports results of the annual review in person to the Board. |
| 102-29 | Identifying and managing economic, environmental, and social impacts | Our Corporate Responsibility Program |
| 102-30 | Effectiveness of risk management processes |
Committed to Ethics, Security and Governance The Board has principal responsibility for oversight of the company’s risk management processes and for understanding the overall risk profile of the company. Though Board committees routinely address specific risks and risk processes within their purview, the Board has not delegated primary risk oversight responsibility to a committee. Broadly, our approach includes two governance structures: (i) our Global Performance and Risk Committee assesses core investment risks; and (ii) our Corporate Risk Management Committee assesses strategic, operational and all other business risks. A network of business unit, geographic and specific risk management committees, under the auspices of the Corporate Risk Management Committee, maintains an ongoing risk assessment, management and monitoring process that provides a bottom-up perspective on the specific risks existing in various domains of our business. |
| 102-32 | Highest governance body’s role in sustainability reporting | Our Corporate Responsibility Program |
| 102-33 | Communicating critical concerns |
Committed to Ethics, Security and Governance The company maintains the Invesco Compliance Reporting Line for its employees or individuals outside the company to report complaints or concerns on an anonymous and confidential basis regarding questionable accounting, internal accounting controls or auditing matters and possible violations of the company’s Code of Conduct or law. Further information about the Invesco Compliance Reporting Line is available at www.invesco.com/corporate (the company’s website). Additionally, any interested party may communicate with the Chairperson of our Board or to our nonexecutive directors as a group at the following address: Invesco Ltd. 1555 Peachtree Street N.E. Atlanta, Georgia 30309 Attn: Office of the Secretary Communications |
| 102-35 | Remuneration policies | Our compensation remuneration practices for the highest governance body are disclosed in the Fair Compensation section and in the Proxy Statement 2021 (starting on p. 15). |
| 102-36 | Process for determining remuneration | The Invesco Compensation Committee’s compensation consultant assists the committee in its analysis of our executive compensation programs. Details regarding the compensation consultant are disclosed in the Director compensation section of the Proxy Statement 2021 (starting on p. 15). |
| 102-37 | Stakeholders’ involvement in remuneration |
Committed to Ethics, Security and Governance Invesco’s legal team, human resources and members of our board conduct shareholder outreach in advance of remuneration policies. |
| Stakeholder engagement | ||
| 102-40 | List of stakeholder groups | Engaging Our Stakeholders |
| 102-42 | Identifying and selecting stakeholders | Engaging Our Stakeholders |
| 102-43 | Approach to stakeholder engagement |
Our Corporate Responsibility Program Establishing our Corporate Responsibility Priorities |
| 102-44 | Key topics and concerns raised |
Our Corporate Responsibility Program Establishing our Corporate Responsibility Priorities |
| Reporting Practice | ||
| 102-45 | Entities included in the consolidated financial statements | About this Report |
| 102-46 | Defining report content and topic Boundaries | About this Report |
| 102-47 | List of material topics |
About this Report Our Corporate Responsibility Program |
| 102-48 | Restatements of information | 2018 and 2019 quantitative environmental information was adjusted to reflect updated metrics from Invesco's property landlords. |
| 102-49 | Changes in reporting | The boundaries for the report have not changed from previous years. |
| 102-50 | Reporting period | January 1, 2020 to December 31, 2020 |
| 102-51 | Date of most recent report | May 2020 |
| 102-52 | Reporting cycle | Annual |
| 102-53 |
Contact point for questions regarding the report |
Kellie Schonberg Head of Corporate Social Responsibility Kellie.Schonberg@invesco.com |
| GRI 200: Economic | ||
| GRI 201: Economic performance | ||
| 201 | 103-1/2/3: Management Approach | For information related to Invesco's economic performance, visit Invesco's 2020 10-K (p. 32) |
| 201-1 | Direct economic value generated and distributed | Invesco's 2020 10-K (p.32) |
| GRI 205: Anti-corruption | ||
| 205 | 103-1/2/3: Management Approach | Committed to Ethics, Security and Governance |
| 205-1 |
Operations assessed for risks related to corruption |
Committed to Ethics, Security and Governance |
| 205-2 | Communication and training about anti-corruption policies and procedures | Committed to Ethics, Security and Governance |
| 205-3 | Confirmed incidents of corruption and actions taken | Committed to Ethics, Security and Governance |
| GRI 302: Energy | ||
| 302 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 302-1 | Energy consumption within the organization | Energy and Emissions |
| 302-4 | Reduction of energy consumption | Energy and Emissions |
| GRI 303: Water and effluents | ||
| 303 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 303-1 | Interactions with water as a shared resource | Water Use and Waste Reduction |
| 303-3 | Water withdrawal | Water Use and Waste Reduction |
| GRI 305: Emissions | ||
| 305 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 305-1 | Direct (Scope 1) GHG emissions | Energy and Emissions |
| 305-2 | Energy indirect (Scope 2) GHG emissions | Energy and Emissions |
| 305-3 | Other indirect (Scope 3) GHG emissions | Energy and Emissions |
| 305-4 | GHG emissions intensity | Energy and Emissions |
| 305-5 | Reduction of GHG emissions | Energy and Emissions |
| GRI 306: Waste | ||
| 306 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 306-1 |
Waste generation and significant waste-related impacts |
Water Use and Waste Reduction |
| 306-2 | Management of significant waste-related impacts | Water Use and Waste Reduction |
| GRI 307: Environmental compliance | ||
| 307 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 307-1 | Non-compliance with environmental laws and regulations | None for this reporting period. |
| GRI 400: Social | ||
| GRI 401: Employment | ||
| 401 | 103-1/2/3: Management Approach | A Culture Where Diverse People and Ideas Thrive |
| 401-1 | New employee hires and employee turnover | Employee Engagement |
| 401-2 | Benefits provided to full-time employees that are not provided to temporary or part-time employees | Employee Benefits |
| 401-3 | Parental leave | Employee Benefits |
| GRI 403: Occupational health and safety | ||
| 403 | 103-1/2/3: Management Approach | Committed to Operational Excellence |
| 403-1 | Occupational health and safety management system | Committed to Operational Excellence |
| 403-3 | Occupational health services | Committed to Operational Excellence |
| 403-6 | Promotion of worker health |
Committed to Operational Excellence Supporting Employee Well-Being During COVID-19 |
| GRI 404: Training and education | ||
| 404 | 103-1/2/3: Management Approach | Supporting and Retaining Top Talent |
| 404-2 | Programs for upgrading employee skills and transition assistance programs | Supporting and Retaining Top Talent |
| 404-3 | Percentage of employees receiving regular performance and career development reviews | Supporting and Retaining Top Talent |
| GRI 405: Diversity and equal opportunity | ||
| 405 | 103-1/2/3: Management Approach | Committed to Diversity and Inclusion |
| 405-1 | Diversity of governance bodies and employees |
Committed to Diversity and Inclusion Corporate Governance |
| 405-2 | Ratio of basic salary and remuneration of women to men | Fair Compensation |
| GRI 406: Non-discrimination | ||
| 406 | 103-1/2/3: Management Approach | Committed to Diversity and Inclusion |
| 406-1 | Incidents of discrimination and corrective actions taken | Fair Labor Practices |
| GRI 413: Local communities | ||
| 413 | 103-1/2/3: Management Approach | Supporting Our Communities |
| 413-1 | Operations with local community engagement, impact assessments, and development programs | Supporting Our Communities |
| GRI 415: Public policy | ||
| 415 | 103-1/2/3: Management Approach | Legal, Risk and Regulatory Compliance |
| 415-1 | Political contributions | Legal, Risk and Regulatory Compliance |
| GRI 418: Customer privacy | ||
| 418 | 103-1/2/3: Management Approach | Security and Privacy |
| 418-1 | Substantiated complaints concerning breaches of customer privacy and losses of customer data | Security and Privacy |