Naga Group
Climate Impact & Sustainability Data (2018-2024e, 2019 to 2025e, 2022)
Reporting Period: 2018-2024e
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- High churn rates (about one-third of the total customer base per year) in CFD brokerage due to high losses of customers.
- Potential for stricter regulation to increase customer protection in light of the losses generated by the majority of customers trading CFDs.
Mitigation Strategies
- Continued marketing efforts to acquire new customers.
- Expansion of product offerings beyond CFDs (crypto trading, stocks, payment solutions) to increase customer lifetime and loyalty.
- Implementation of a cost-savings strategy after H1 2022.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2019 to 2025e
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- More than 5m customers by 2025/26
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- High marketing costs leading to low profitability.
- Challenging market environment.
Mitigation Strategies
- Strict cost management, particularly reducing marketing costs.