Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Resource Efficiency

Environmental Achievements

• Over half of listed portfolio holdings have near-term emissions reduction targets validated by SBTi.
• 87.6 MWh of renewable energy generated by portfolio share of reporting companies.
• Increased investment in companies with innovative solutions for climate-friendly practices in sectors like transport and infrastructure (e.g., Union Pacific's battery electric locomotives).

Social Achievements

• Engagement with portfolio companies to improve environmental reporting and target setting.
• Improved CDP scores for several investee companies (e.g., ASML, Ocean Wilsons).

Governance Achievements

• Became signatories to the Finance Sector Commitment to Eliminate Commodity-Driven Deforestation.

Climate Goals & Targets

Environmental Challenges

• Market volatility impacting investment performance (-16.5% net asset value total return in 2022).
• Some portfolio companies' emissions reduction plans not aligned with Paris Agreement goals.
• Biodiversity loss as an increasing material risk.

Mitigation Strategies

• Continued engagement with companies to improve alignment with Paris Agreement goals.
• Engagement with portfolio companies on biodiversity risks and actions.
• Active ownership and stewardship to foster best practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CDP

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)

Investments in companies contributing to these goals through various initiatives (detailed in the report).