Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Development
• Environmental Conservation

Environmental Achievements

• Financed emissions reduction projects resulting in 36 million tonnes of verified emissions reductions since inception.
• Supported 96 projects in 27 countries across five continents focusing on nature-based solutions, household devices, and technology-based solutions.

Social Achievements

• Projects contributed to 15 of the 17 UN Sustainable Development Goals, including poverty alleviation, improved health, gender equality, and economic growth.
• Supported initiatives providing clean cookstoves, improving women's safety and health, and creating jobs in local communities.

Governance Achievements

• Compensated for 100% of its residual Scope 1, 2, and 3 greenhouse gas emissions since inception.
• Active contributor to the development of the carbon market, collaborating with policymakers and other stakeholders.

Climate Goals & Targets

Environmental Challenges

• Depressed verified carbon market (VCM) prices due to uncertainty around project quality and methodologies, and anti-market attacks.
• Technical challenges in REDD+ projects related to baseline setting and leakage.

Mitigation Strategies

• Active participation in shaping market rules and highlighting best practices.
• Verra's new consolidated methodology for REDD+ projects to improve integrity and impact.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Cyclones
• Flooding
• Sea level rise
• Increasing salinity

Transition Risks

• VCM price volatility
• Regulatory uncertainty

Opportunities

• Growing demand for carbon credits
• Convergence of voluntary and compliance markets

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

UN Sustainable Development Goals

• SDG 13: Climate Action

Projects contributed to multiple SDGs, primarily focusing on climate action and social development.