United Nations Conference on Trade and Development (UNCTAD)
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
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
- Sustainability
Environmental Achievements
- Hemp cultivation helps regenerate soils, improve soil structure, decrease parasitic nematodes, reduce pathogenic fungi, reduce water loss and soil erosion, boost other crop yields, and capture significant amounts of carbon dioxide.
Social Achievements
- Promoting hemp cultivation can generate significant agricultural benefits and contribute to growth in rural areas, manufacturing, and the food processing industry.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Confusion about the botanical characteristics and chemotype of the plant, leading to a negative connotation and hindering its full economic potential.
- Narrow set of hemp products covered by international trade statistics, leading to underestimation of the global market size.
- Scarce and scattered information about prices of hemp products.
- Significant fall in prices due to overproduction of hemp-derived CBD-containing products.
- Incidence and prevalence of non-tariff measures (NTMs) that can restrict trade flows.
- Lack of global standards to protect consumers.
Mitigation Strategies
- Clarification of the legal status of hemp as distinct from intoxicant cannabis substances.
- Precise understanding of production constraints imposed by regulatory frameworks in destination markets.
- Regional cooperation to facilitate the establishment of production chains.
- Improving availability and accessibility of information on hemp production and trade.
- Including a more representative set of hemp-related products in international product classifications.
- Developing regulations based on rigorous science for the benefit of consumers’ health.
- Developing and adopting quality standards for hemp-based products.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Hempcrete, various bio-based products.
Awards & Recognition
- Not disclosed