Climate Change Data

SRMG Think

Climate Impact & Sustainability Data (2020-2023)

Reporting Period: 2020-2023

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

  • Green Finance
  • Sustainable Finance
  • Climate Change Mitigation
  • Climate Change Adaptation

Environmental Achievements

  • 85 green loans issued in Egypt, Morocco, and Jordan between 2020 and 2023, totaling approximately $6.3 billion.
  • Over $1.9 billion in green bonds issued across Morocco, Egypt, Jordan, and Lebanon from 11 issuances.
  • Morocco's issuance of the first green bond in 2016, followed by Lebanon in 2018, Egypt in 2020, and Jordan in 2023.

Social Achievements

  • Not disclosed

Governance Achievements

  • Development of green bond guidelines and sustainability reporting guidelines in several MENA countries.
  • Establishment of the Regional Centre for Sustainable Finance (RCSF) in Egypt.

Climate Goals & Targets

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

Environmental Challenges

  • Fragile green bond markets.
  • Uneven progress across MENA countries.
  • Need for technical know-how, capacity building, and resources for green bond issuance.
  • Challenges in pricing and marketing green bonds.
  • Political and economic instability in some MENA countries.
  • Limited adoption of climate insurance products.
  • Lack of climate risk policies in most financial institutions.
Mitigation Strategies
  • Harmonization and standardization of green bonds governance frameworks.
  • Creation of a regional green finance center.
  • Increased engagement with the private sector (co-financing, risk-sharing, joint ventures).
  • Adoption of climate insurance products by lenders.
  • Strategic partnerships with international finance institutions.
  • Development of supportive policies and regulatory frameworks.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Floods, storms damaging property or disrupting supply chains
Transition Risks
  • Dependence on fossil fuel revenues, low adoption of climate insurance
Opportunities
  • Development of renewable energy projects

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