Squire Patton Boggs
Climate Impact & Sustainability Data (2018, 2023, 2024)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Trade
- Chemical Regulations
- Industrial Emissions
- Energy and Climate Change
- Skills
Climate Goals & Targets
Environmental Challenges
- Uncertainty surrounding Brexit's impact on trade, regulations, energy, and skills.
- Potential tariffs and non-tariff barriers to trade with the EU.
- Uncertainty regarding future chemical regulations and compliance.
- Potential for increased energy costs and less competitive energy market.
- Challenges in accessing skilled labor post-Brexit.
Mitigation Strategies
- Advocating for tariff-free access to the EU single market and frictionless trade.
- Seeking regulatory consistency and continuity with EU regulations.
- Working with the government to develop a UK alternative to the EU ETS.
- Investing in apprenticeships and skills development.
- Seeking continued access to the EU's internal energy market.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Human rights
- Environmental impacts
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Lack of transparency and potential risks for investors in the unregulated ESG rating sector
Mitigation Strategies
- EU regulation on ESG rating provider activities to enhance transparency and integrity
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CSRD, IFRS, ISSB, TCFD