Climate Change Data

Environmental Metrics

ESG Focus Areas

• Entrepreneurship and job creation
• Inclusive and empowered communities
• Environmental Sustainability (implied through Scope 3 emissions reduction projects)

Environmental Achievements

• Supported a US-based automotive supplier in setting a baseline for Scope 3 emissions in logistics and transportation and identifying initiatives to reduce emissions by up to 5%.

Social Achievements

• Donated food support to more than 25,800 families.
• Contributed 4,273 hours of pro bono and volunteering work.
• Mentored 17 individuals newly arrived in Sweden.
• Supported female entrepreneurs through a Christmas campaign.
• Raised SEK 16.4 million (US$1.6 million) for Hand in Hand’s global operations at the Let’s Give Back Gala.
• Helped Hand in Hand implement a Return on Investment (ROI) calculation model.
• Provided financial analysis and modeling training using Excel to Hand in Hand’s Finance team.
• Supported Hand in Hand to benchmark its performance against its non-profit peers.
• Supported the WeLead project in Türkiye, training 4,960 women and mentoring 50 entrepreneurs.
• Partnered with 1825 in Stockholm to calculate the societal value of its mental health interventions.
• Provided mentorship through Stockholmsmentor program, helping newcomers to Sweden.
• Launched a mentorship and vocational program with The Bowery Mission in New York City.
• Collaborated with Chapman Partnership in Miami to develop an educational curriculum for workforce integration.
• Continued support for Wenham House recovery program in Massachusetts.
• Supported the Motivation Romania Foundation with training on safe patient handling.
• Supported the Unity in Community program in Austin, Texas, helping young women learn new skills and enter the job market.
• Donated laptops to a foster home in Austin, Texas.
• Participated in the Brown Santa program in Austin, Texas.

Governance Achievements

• Established a sustainability program and governance system for evaluating logistics carriers against sustainability standards and tracking future emissions (for a client).

Climate Goals & Targets

Environmental Challenges

• Rising interest rates, runaway inflation, geopolitical instability, and deepening inequalities.
• High food prices and rising debt vulnerabilities in low-income countries.
• Challenges faced by entrepreneurs due to rising input costs (e.g., sugar, margarine, eggs).

Mitigation Strategies

• Pledged 5% of control Group companies' EBITDA to Hand in Hand’s Accelerator Program.
• Provided financial mentoring and training to Hand in Hand.
• Supported entrepreneurs through skills training, capital, and loan guarantees.
• Developed a calculation model to track Hand in Hand’s Return on Investment (ROI).
• Provided emergency support to people affected by the earthquake in Türkiye (tents, sleeping bags, funding for container city).

Supply Chain Management

Responsible Procurement

• Sourcing local ingredients for Bake My Day.

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 5: Gender Equality
• Goal 8: Decent Work and Economic Growth
• Goal 10: Reduced Inequalities
• Goal 13: Climate Action

The report highlights how various initiatives contribute to these goals through poverty reduction, women's empowerment, job creation, and environmental sustainability.