Climate Change Data

Impax Environmental Markets PLC

Climate Impact & Sustainability Data (2023)

Reporting Period: 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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • In 2023, each $1m invested by IEM resulted in the avoidance of 490 tonnes of CO2 equivalent emissions, comparable to taking 350 cars off the road.
  • 72% of revenue was exposed to climate solutions as at 31 December 2023.
  • 85% of the portfolio value was invested in companies that are aligned, or in the process of aligning, with ‘net zero’ (i.e. the target of achieving net zero carbon emissions by 2050).

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

  • ESG no longer in the spotlight: Valuation premiums on sustainability-focused stocks have contracted since 2022.
  • Small-cap bias: Portfolio's focus on mid and small-cap stocks leads to higher volatility and lower liquidity.
  • Political risk: Upcoming US election may impact the operating environment and market sentiment.
Mitigation Strategies
  • Managers believe concerns about a Trump win are overdone and focus on companies with operational advantages.
  • Share buyback program has repurchased 18% of share capital since the beginning of 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