Ethical Markets Media, LLC
Climate Impact & Sustainability Data (2009, 2014, 2015, 2017, 2019)
Reporting Period: 2009
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
- Ecological Sustainability
- Social Justice
- Economic Soundness
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- The global recession and its impact on employment.
- The unsustainable nature of quantitative economic growth.
- The need to shift from an economy based on unlimited growth to one that is ecologically sustainable and socially just.
Mitigation Strategies
- Shifting from quantitative to qualitative economic growth.
- Restructuring tax systems to internalize environmental costs.
- Reassessing production processes to identify and phase out ecologically destructive activities.
- Reforming international finance and monetary systems.
- Shifting from a product orientation to a service orientation.
- Promoting value shifts from material consumption to human relationships and community building.
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
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2014
Environmental Metrics
ESG Focus Areas
- Renewable Energy
- Energy Efficiency
- Green Construction
- Water
- Green R&D
- Cleantech
Environmental Achievements
- Increased investments in renewable energy from $2.58 trillion in Q4 2013 to $2.66 trillion in Q2 2014.
- Significant investments in energy efficiency totaling $1.3 trillion in Q2 2014.
- Growth in green bonds, reaching $10 billion in Q2 2014, a $1 billion increase from Q1.
Social Achievements
- Growth of assets managed by impact bond manager SNW Asset Management from $5 million to nearly $97 million in a 20-month period (January 2013 - Q2 2014).
- Increased adoption of transition strategies, including allocating a significant portion of portfolios to green transition sectors (e.g., Mercer's recommendation of 40% in 2012).
Governance Achievements
- Emergence of SASB (Sustainability Accounting Standards Board) as a leader in sustainability accounting standards, with notable figures like Michael Bloomberg and Mary Schapiro involved.
- Growing adoption of ESG (environmental, social, and governance) factors in investment decisions, although US asset managers lagged behind those in other regions.
Climate Goals & Targets
Environmental Challenges
- Government agencies and political leaders remained hamstrung by legacy fossil fuel sectors.
- Obsolete economic models persisting, leading to underestimation of renewable energy's cost-effectiveness.
- Mispricing of assets due to the exclusion of externalities in economic models.
- Lobbying activities of US utilities hindering the transition to sustainable energy.
- Lagging adoption of ESG factors by US asset managers.
Mitigation Strategies
- Advocating for full disclosure of lobbying activities and political campaign funding.
- Promoting new thinking on integrated supply management and reframing energy storage as a new asset class.
- Developing new financial models that incorporate externalities and reflect the true cost of fossil fuels.
- Encouraging retraining of asset managers to broaden their knowledge base and overcome cognitive capture by defunct economic models.
- Highlighting the growing investments in renewable energy and resource investments, guided by organizations like the Climate Bonds Initiative and Green America.
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Stranded assets due to low-carbon regulations.
Opportunities
- Investments in renewable energy and energy efficiency.
Reporting Standards
Frameworks Used: SASB, GRI, IIRC, ICAEW
Reporting Period: 2015
Environmental Metrics
ESG Focus Areas
- Renewable Energy
- Energy Efficiency
- Life Systems
- Green Construction
- Corporate Green R&D
Environmental Achievements
- Significant growth in renewable energy investments, reaching $3.16 trillion from 2007 to 2015.
- Increased investments in energy efficiency, reaching $1.69 trillion from 2007 to 2015.
- Growth in investments in water infrastructure and clean water initiatives, reaching $728 billion from 2007 to 2015.
Social Achievements
- Growth in community investing, reaching $114.6 billion from 2007 to 2015.
- Expansion of e-learning investments, reaching $66.4 billion from 2007 to 2015.
- Emergence of Fintech for sustainability, including peer-to-peer lending and crowdfunding, adding $42.5 billion to the Life Systems total in 2015.
Governance Achievements
- Increased focus on corporate social responsibility and ethical auditing standards.
- Growing adoption of full-spectrum accounting and integrated reporting models.
- Increased shareholder engagement driving reforms and accountability.
Climate Goals & Targets
Environmental Challenges
- Obsolete economic models and the use of the term "externalities" to ignore social and environmental costs.
- Continued subsidies to fossil fuels hindering the transition to renewable energy.
- Climate change denial and resistance to environmental regulations.
- Challenges in quantifying and tracking investments in certain sectors.
- Risks associated with emerging technologies such as nanotechnology and the Internet of Things.
Mitigation Strategies
- Advocating for full-spectrum accounting and integrated thinking.
- Promoting the adoption of sustainable development goals and COP21 agreements.
- Highlighting the economic benefits of renewable energy and energy efficiency.
- Engaging with stakeholders to promote transparency and accountability.
- Careful assessment and selection of emerging technologies based on sustainability criteria.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Sea Level Rise
Transition Risks
- Stranded Assets
- Regulatory Changes
Opportunities
- Renewable Energy
- Energy Efficiency
Reporting Standards
Frameworks Used: UN SDGs, COP21 agreements, GRI, SASB, IIRC, CDSB
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Renewable Energy
- Energy Efficiency
- Life Systems
- Green Construction
- Corporate Green R&D
Environmental Achievements
- Renewable energy investments reached $3.4 trillion, exceeding forecasts and driving cost parity with fossil fuels.
- Energy efficiency investments reached $1.7 trillion, positively impacting job creation and other economic metrics.
Social Achievements
- Growth of impact investing, driven by retail investors, family offices, and millennials.
- Increased focus on community investing, totaling $114.6 billion.
Governance Achievements
- Growing adoption of ESG factors in investment decisions, representing 30.2% of professionally managed assets in several regions.
- Increased focus on green bonds, with China as a major issuer.
Climate Goals & Targets
Environmental Challenges
- Lagging financial markets and obsolete models hindering green investment expansion.
- Resistance from fossil fuel interests and lobbying efforts against renewable energy.
- Challenges in monitoring and verifying the use of green bond proceeds.
Mitigation Strategies
- Development of new financial models, metrics, and platforms for impact investing.
- Increased shareholder activism and engagement to push for green initiatives.
- Development of standards and certifications for green bonds and projects.
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Decline in value of fossil fuel assets.
Opportunities
- Growth of renewable energy and sustainable technologies.
Reporting Standards
Frameworks Used: UN Sustainable Development Goals (SDGs), Task Force on Climate-related Financial Disclosures (TCFD)
UN Sustainable Development Goals
- All 17 UN SDGs
The report's focus on green technologies and sustainable finance aligns with the UN's Sustainable Development Goals.
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Renewable Energy
- Energy Efficiency
- Life Systems
- Green Construction
- Corporate Green R&D
- Climate Change
- Water
- Pollution
- Food, Aquaculture & Agriculture
- Sustainable Development Goals (SDGs)
Environmental Achievements
- Cumulative USD $10,387,278,287,576.50 privately invested in green sectors worldwide since 2009.
- Achieved price parity of renewables with fossil fuels in many cases.
- Mexico's renewable energy grew toward the government's target of 13.9% of power to be green by 2022.
Social Achievements
- Growing evidence of climate change disruptions changed public opinion.
- Expansion of the plant-protein food sector worldwide.
- Community investments aimed at solving social or environmental problems.
- Increased demands for a global shift to ecologically-designed, circular, more equitable, inclusive and sustainable societies.
Governance Achievements
- The Climate Action 100 group of 58 investors in BP call for more progress toward the Paris climate targets.
- The Climate Majority Project, representing $1.8 trillion of 20 global pension funds demanding that the largest electric utilities commit to achieving net. Zero CO2 emissions by 2050.
- The Climate Action 100+ coalition of investors managing $32 trillion is confronting fossil companies directly.
Climate Goals & Targets
Environmental Challenges
- Science-denial as a significant financial risk.
- Financial systems and global markets still operating on obsolete models ignoring today’s new risks.
- Climate change disruptions (floods, fires, droughts, hurricanes and species losses).
- Over-reliance on freshwater resources for food production.
- Unsustainable aquaculture practices.
- Overfishing.
- Land degradation.
- Antibiotic-resistant diseases.
- Unhealthy diets.
- Deforestation.
Mitigation Strategies
- Shifting to science-based investing.
- Redirecting investments to address all 17 Sustainable Development Goals (SDGs).
- Expanding the global food system using halophyte plants.
- Improving energy efficiency.
- Promoting the circular economy.
- Investing in renewable energy technologies.
- Implementing carbon pricing.
- Developing alternative sourcing strategies.
- Improving brine management strategies for desalination plants.
- Cleaning up pollution.
- Promoting sustainable agriculture practices.
- Developing plant-based meat alternatives.
- Reducing meat consumption.
- Protecting and restoring natural ecosystems.
- Developing new technologies for carbon capture and utilization.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Fires
- Droughts
- Hurricanes
Transition Risks
- Stranded assets
- Regulatory changes
- Market shifts
Opportunities
- Renewable energy
- Energy efficiency
- Sustainable agriculture
- Carbon capture and utilization
Reporting Standards
Frameworks Used: TCFD, SDGs, CDP
UN Sustainable Development Goals
- Goal 2
- Goal 3
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 12
- Goal 13
- Goal 15
- Goal 17
Investments in green technologies and sustainable practices contribute to achieving these goals.
Sustainable Products & Innovation
- Plant-based meats
- Insect-based foods
- Renewable energy technologies
- Sustainable agriculture practices