Climate Change Data

Wisrod Investments

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

  • Financial Inclusion
  • Environmental Sustainability
  • Social Impact

Environmental Achievements

  • Offered solar system installation on Hire Purchase Loans to help clients reduce energy costs and contribute to a cleaner environment.
  • Partnered with suppliers of solar products (lamps, televisions, lighting systems) for small businesses and vendors.
  • Provided loans to MSMEs (farmers) to set up solar-powered irrigation systems.

Social Achievements

  • Participated in Global Money Week (March 21-26, 2023) with a radio show on financial literacy.
  • Conducted financial literacy training sessions in marketplaces, teaching entrepreneurs about saving, budgeting, investing, and responsible borrowing.
  • Provided financial assistance and support to numerous small business owners and entrepreneurs, enabling them to grow their businesses and improve their lives (multiple case studies provided).

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Limited access to financial services for many individuals and small businesses in Zimbabwe.
  • Digital literacy barriers, particularly in rural areas.
  • Security concerns around digital financial transactions.
Mitigation Strategies
  • Offering a range of digital products and services (online applications, online inquiries, loan balance checks).
  • Addressing digital literacy through training and education.
  • Implementing strong regulations to protect consumers in digital financial transactions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Partnerships with suppliers of solar products

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Growth in renewable energy sector

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 1: No Poverty
  • SDG 8: Decent Work and Economic Growth
  • SDG 13: Climate Action

Wisrod's initiatives contribute to these goals by promoting financial inclusion, supporting sustainable businesses, and promoting renewable energy.

Sustainable Products & Innovation

  • Solar products

Awards & Recognition

  • Not disclosed