Akin Gump Strauss Hauer & Feld LLP
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
Climate Goals & Targets
Medium-term Goals:
- North Carolina's goal of carbon neutrality by 2050
- Germany's goal of 80% energy from wind and solar by 2030
Short-term Goals:
- North Carolina's goal of 70% reduction in carbon emissions from 2005 levels by 2030
Environmental Challenges
- Slow deployment of wind turbines in Germany
- Decreasing Antarctic sea ice extent
- Need for tighter limits on soot emissions
Mitigation Strategies
- Germany's efforts to build LNG terminals quickly
- EPA's proposed rule to slash soot emissions
- North Carolina's Carbon Plan to reduce emissions
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Decreasing Antarctic sea ice
Transition Risks
- Shift in European energy policy