CPM Group LLC
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Concerns of a recession continue to mount due to tightening monetary policy, global political factors (Russia's invasion of Ukraine, deteriorating US-China relations), declining international trade, constrained capital availability, government and private fiscal constraints, and shifts in various economic components.
Mitigation Strategies
- CPM Group's most likely scenario is a further sharp slowdown in economic growth in 2023 followed by a shallow recession starting in early 2024. The report acknowledges the risk that inflation may not soften as expected, requiring further interest rate hikes.