UC Asset Limited Partnership
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Benefit from industry consolidation and federal legalization of marijuana.
Medium-term Goals:
- Expand cannabis property portfolio through long-term partnerships with high-caliber tenants.
Short-term Goals:
- Close first cannabis investment deal (expected within 2 weeks).
Environmental Challenges
- Weakening retail marijuana market in states like California due to oversupply and decreased demand, leading to lower marijuana prices and impacting the value of cannabis properties.
- Industry headwinds impacting the planned secondary public offering (SPO).
Mitigation Strategies
- Postponed SPO for at least 12 months.
- Focused on existing investments to improve financial performance (e.g., Dallas farmland sale).
- Adopted a highly selective investment strategy for cannabis properties, focusing on long-term partnerships with cost-efficient growers.
- Reduced overhead and management fees for 2023.
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