Guggenheim Investments
Climate Impact & Sustainability Data (2020, 2022)
Reporting Period: 2020
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:100% (Carlsbad Desalination Plant)
Total Energy Consumption:Not disclosed
Water Consumption:189,000 cubic meters per day (Carlsbad Desalination Plant)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
- Climate Change
- Biodiversity
- Sustainable Development
Environmental Achievements
- Carlsbad Desalination Plant: Carbon neutral operations; reduced energy consumption by 46% through pressure exchanger technology; significant contribution to regional water security.
- Yatí-Bodega Road interconnection: Reduced GHG emissions due to reduced travel time and distance.
Social Achievements
- Carlsbad Desalination Plant: Robust community outreach program; job creation during construction and permanent positions.
- Yatí-Bodega Road interconnection: Improved quality of life and accessibility for thousands of people; reduction in road accidents.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Carlsbad Desalination Plant: Brine discharge and its impact on marine life; higher cost of desalinated water compared to other sources.
- Yatí-Bodega Road interconnection: Loss of forest habitat due to construction.
Mitigation Strategies
- Carlsbad Desalination Plant: Marine life mitigation plan; ongoing preservation and protection activities in the Agua Hedionda Lagoon; partnership with the US Fish and Wildlife Service on the Otay River Estuary Restoration Project.
- Yatí-Bodega Road interconnection: Null
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (Yatí-Bodega Road interconnection)
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFC Performance Standards and Equator Principles, Envision, UN SDGs, Impact Measurement & Valuation
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- 1, 5, 6, 8, 9, 11, 12, 13, 14, 15
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Lack of standardization and consistency in ESG reporting frameworks.
- Too many frameworks in use, leading to varied results.
- Lack of industry-specific reporting standards.
- Difficulty accessing necessary data.
- Inconsistent ESG data provided by data preparers.
- Difficulty capturing financial impacts of infrastructure projects.
- Limited engagement between data users and preparers.
Mitigation Strategies
- Government regulation mandating ESG disclosures.
- Pressure from investors and lenders.
- Standardization and simplification of ESG data and reporting frameworks.
- Increased collaboration and engagement between data users and preparers.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, TCFD, GRESB, SASB, UN SDGs, IFC Performance Standards/Equator Principles, Envision, CEEQUAL, SuRE, ISCA, CDC Sustainability Protocol, GHG Protocol for Lifecycle Assessment, WEF/IBC metrics, UN PRI, SBTi, G20 QII Principles, Blue Dot Network Certification, IADB Sustainable Infrastructure Framework, FASTINFRA Sustainable Asset Label