Climate Change Data

Arisaig Partners

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:139,751 tCO2e
Carbon Intensity:179 tCO2e/ USDm of revenue

ESG Focus Areas

  • Climate Change
  • Gender Diversity
  • Employee Management
  • Supply Chain Footprint
  • Reporting/Disclosure
  • Board Oversight
  • Nature

Environmental Achievements

  • 91% of invested AUM at Transition Pathway Initiative Level 2 or above
  • Scope 1 and 2 weighted average carbon intensity (WACI) of the portfolio is c. 60% of that of MSCI Asia ex Japan index

Social Achievements

  • Directly employed over 480,000 people, of which c. 34% are women
  • Provided online marketplaces, loans or ERP solutions to over 7 million MSMEs
  • Ran job search platforms used by 186 million jobseekers

Governance Achievements

  • 3% increase in average proprietary corporate governance score
  • 23% of holdings for which proprietary E&S rating increased by one or more grades
  • 68% of assets under management engaged

Climate Goals & Targets

Long-term Goals:
  • 100% of AUM of all portfolio aligned or aligning to net zero by 2050
Medium-term Goals:
  • See at least 20% of portfolio companies make gender diversity progress on one or more metrics by 2026
Short-term Goals:
  • Reduce financed emissions/economic emissions intensity by 2.5% (compared to previous year)
  • Increase % invested AUM aligned/aligning to net zero to 20% by Dec 2025

Environmental Challenges

  • Increased financed emissions in 2023 due to improved data quality, not necessarily real-world emissions increase
  • Difficulty in setting Scope 2 GHG reduction targets for some portfolio companies due to leased premises
  • Low gender diversity at senior management levels in some portfolio companies
Mitigation Strategies
  • Engaging with portfolio companies to improve data quality and set emission reduction targets
  • Engaging with portfolio companies to improve gender diversity through various initiatives
  • Restating net zero baseline to 2023 due to significant improvement in data quality

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Transition Pathway Initiative (TPI), PCAF, 2X Challenge, Net Zero Investment Framework