Institutional Shareholder Services Inc. (ISS ESG)
Climate Impact & Sustainability Data (Q3 2023, Q3 2024)
Reporting Period: Q3 2023
Environmental Metrics
ESG Focus Areas
- Biodiversity
Environmental Achievements
- Increased awareness and dialogue with 63% of target companies regarding biodiversity management strategies.
- 25% of Mining & Integrated Production companies achieved Objective 1 (disclosure of biodiversity management strategy).
Climate Goals & Targets
Environmental Challenges
- Limited progress among Food Products companies on biodiversity indicators.
- Relatively low response rate (43%) from companies domiciled in Asia and Oceania.
- Some companies highlighted challenges related to biodiversity management practices, such as minimal demand for organic products and difficulties in comprehensively understanding environmental impacts of mining activities.
Mitigation Strategies
- ISS ESG implemented a robust reminder and escalation process for non-responding companies.
- ISS ESG facilitates dialogue through written communication, calls, and meetings.
- ISS ESG continues to facilitate dialogue and request regular updates from companies.
Supply Chain Management
Responsible Procurement
- Responsible sourcing principles (e.g., sustainable soil fertility management, Integrated Pest Management, no deforestation commitment).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, TNFD
UN Sustainable Development Goals
- SDG 14
- SDG 15
Reporting Period: Q3 2024
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
- Water Stewardship
Environmental Achievements
- Improved water-related disclosures among Chemicals companies (50% achieved objective 1, 33% objective 2, 17% objective 3).
- Progress in water management strategies among Textiles & Apparel companies (17% achieved objective 3).
Social Achievements
- Not disclosed
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 progress among Textiles & Apparel companies compared to Chemicals companies.
- Challenges in gathering water-related data.
- Varying permit requirements for wastewater management across countries.
- Supplier dependence for some Textiles & Apparel companies.
- Limited understanding of water materiality in the Textiles & Apparel industry.
Mitigation Strategies
- Robust reminder and escalation process for non-responding companies.
- Facilitating dialogues through meetings to gain insights and understanding.
- Continued engagement in the second cycle to build on progress and address challenges.
- Focus on granular data disclosure from companies.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Kering Standards, MRSL and PRSL
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Regulatory changes
Opportunities
- Water efficiency improvements
- Sustainable product innovations
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 6: Clean Water and Sanitation
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed