Climate Change Data

Aurum Funds Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:314 tonnes of carbon per $m AUM (2022)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:9.5 tCO2e/year (2022)
Scope 3 Emissions:36.4 tCO2e/year (2022)
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental protection and justice
  • Youth empowerment
  • Biodiversity conservation
  • Diversity, equity, and inclusion
  • Refugee support
  • Renewable energy
  • Child protection
  • Empowering disabled youth
  • Climate change mitigation and adaptation
  • Responsible investment

Environmental Achievements

  • Donated over $1m to IUCN since 2012 to support core costs and Red List of Threatened Species.
  • Supported restoration of at least 150,000 hectares of flower-rich habitat across the UK through Buglife's B-Lines project.
  • Became a full member of ORRAA in 2022 to support the Neptune Fund for ocean conservation.
  • Supported reforestation of 17 hectares in Malaysian Borneo through Hutan.
  • Supported the creation of a 13,000-hectare community-based protected area of important freshwater habitat in the Brazilian Amazon.
  • Supported marine ecosystem through a youth-led mangrove restoration project in the Philippines.
  • Supported the protection of 2,000ha of the Choco Forest, a biodiversity hotspot in Ecuador.

Social Achievements

  • Supported 5 young people to attend COP27 and 8 to attend COP15.
  • Provided financial support to 21 young people and their organizations in 20 countries to increase their campaigning and advocacy efforts.
  • Supported 10 partners in the Asian Species Programme, including one new partner, WildAct.
  • Supported 18 partners in seven countries through the Biocultural Diversity Programme.
  • Supported OnetoOne Children's Fund's Enable Mentor Mother program in South Africa, helping 388 mothers and 349 children.
  • Supported Africa Food for Thought (AFFT) in providing food to orphaned and vulnerable children and early childhood development centers.
  • Supported Adara's Baby Ubuntu program, training 168 facilitators and providing early care and support to 820 children and families.
  • Supported Acumen in their work to invest in sustainable businesses and leaders.
  • Renovated Beacon House for Vision Bermuda, making it fully accessible.
  • Supported Sierra Leone Autistic Society (SLAS) in building a school and establishing a garage work enterprise scheme.
  • Supported FreedomID in their work to verify the identities of hosts and volunteers to protect refugees from human trafficking.
  • Supported World Jewish Relief in providing practical support to Uyghur refugees in Turkey.
  • Provided targeted support to Ukrainian refugees through Inclusion Europe, BrightKids, and IsraAID.
  • Supported the closure of Bistrita Institution in Romania, moving 38 children and young adults into family-based care.
  • Supported employment skills programs for young individuals with learning disabilities in the UK.

Governance Achievements

  • Formed Aurum Kaleidoscope Foundation as a charitable incorporated organization to enhance sustainability risk management and good governance.
  • Finalized a comprehensive new ESG Policy.
  • Received a 5-star rating from the UN PRI for both eligible categories.
  • Implemented a multi-supplier security model and mandatory bi-annual security training to enhance cybersecurity.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Geopolitical instability and economic shocks.
  • Growing regulatory concerns around greenwashing.
  • Inadequate funding for climate change adaptation and mitigation in developing countries.
  • Loss and damage due to climate change.
  • Unprecedented heatwave in the UK negatively impacting invertebrate populations.
  • COVID-19 restrictions impacting field activities in Malaysian Borneo.
  • Ebola outbreak in Uganda disrupting Baby Ubuntu program.
  • Challenges faced by refugees fleeing conflict and persecution.
  • Lack of resources and support for people with disabilities in Lebanon.
  • High unemployment rates among people with learning disabilities in the UK.
  • Data challenges in accurately quantifying the carbon impact of investments.
Mitigation Strategies
  • Established Aurum Kaleidoscope Foundation for independent charitable giving.
  • Developed a methodology to help partners estimate terrestrial carbon sequestration.
  • Supported the establishment of a new Loss and Damage fund at COP27.
  • Became a corporate sponsor of Buglife.
  • Provided funding to help partners overcome challenges related to COVID-19 restrictions.
  • Developed the Ubuntu Master Trainer training and mentorship program to address challenges related to the Ebola outbreak.
  • Implemented a technological system to verify the identities of hosts and volunteers to protect refugees.
  • Installed solar panels at the I'dad center in Lebanon to reduce reliance on unstable electricity supply.
  • Supported employment skills programs and apprenticeships for young people with learning disabilities.
  • Working with underlying managers to improve data collection and reporting on climate-related risks and opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Minimizing deliveries and working with the same supplier to reduce carbon footprint.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Policy and legal risks (carbon pricing, reporting obligations), market risks (changing consumer behavior), reputational risks.
Opportunities
  • Resource efficiency opportunities, development of new low-emission products and services, renewable energy programs, energy-efficiency measures.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • HM Government Payroll Giving Gold Award (4 consecutive years), UN PRI 5-star rating.