Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Use
• Workforce Health and Safety
• Labor Management
• Controversial Sourcing
• Gender Diversity
• Business Ethics
• Board Independence

Environmental Achievements

• In 2022, Sonen GPE reports weighted carbon emissions 81% lower than the benchmark. For every million dollars of sales in 2022, Sonen GPE shows carbon intensity that is more than four times lower than its benchmark. Over the past decade, the strategy has averaged 86% lower total weighted carbon emissions than the benchmark.
• In 2022, Sonen GPE required only 39% of the water use compared to the benchmark’s average water use. Over the past decade, total weighted water withdrawals for Sonen GPE have comprised only 18% of the benchmark’s total water withdrawals.

Social Achievements

• Sonen GPE continued to maintain higher performance on all social indicators reported, including worker health and safety, labor relations, and controversial sourcing relative to the benchmark. Over the last 10 years, the strategy’s average performance score across these social indicators has been higher than the benchmark 77% of the time.
• Sonen’s average scores have exceeded benchmark average scores for all of the last five years.

Governance Achievements

• Sonen GPE has also continued to score better than the benchmark on all governance metrics, including gender diversity on corporate boards, business ethics and fraud ratings, and board independence. Sonen’s average ratings have exceeded those of the benchmark for gender diversity on corporate boards and board independence each year for the past ten years.
• For business ethics and fraud, Sonen’s ratings have exceeded the benchmark for seven of the past ten years.

Climate Goals & Targets

Environmental Challenges

• 2022 was a challenging year for equity markets worldwide due to the Russian invasion of Ukraine, inflation, and central bank hawkishness. Sonen GPE underperformed in both absolute and relative terms, finishing down -23.91% net, while the benchmark finished down -18.40%.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ethical sourcing practices to avoid conflict resources

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN PRI

Certifications: B Corp

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 1, SDG 2, SDG 6, SDG 7, SDG 8, SDG 9, SDG 11, SDG 12, SDG 15

Companies’ goods or services contribute directly to underlying targets and indicators for respective SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best for the World: Customers (B Lab)