Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Deforestation
• Human Rights
• Corporate Governance
• Social Impact
• Sustainable Development Goals (SDGs)

Environmental Achievements

• Mytilineos (portfolio company) reduced absolute Scope 1 and 2 emissions by 15% since 2019.
• East Capital Real Estate improved GRESB rating from 2 stars to 3 stars for two funds.
• East Capital Global Emerging Markets Sustainable fund's GHG intensity is 72% below the benchmark.

Social Achievements

• Supported Ukraine through donations to various organizations.
• Long-term partnership with SOS Children’s Villages in Estonia.
• Mytilineos (portfolio company) improved gender diversity at board level to 25%.
• BYD (portfolio company) appointed a female director following engagement.

Governance Achievements

• Implemented proprietary ESG Scorecard and SDG Value Chain Analysis tools.
• Active engagement with portfolio companies on ESG issues.
• Mytilineos (portfolio company) has a transparent and appropriate policy for returning capital to shareholders, with all-in yield including buybacks at around 6% for 2023.

Climate Goals & Targets

Environmental Challenges

• Lack of ESG data coverage in emerging and frontier markets.
• Deforestation risks in some portfolio companies.
• Limited data on gender pay gap in emerging markets.

Mitigation Strategies

• Developed proprietary ESG Scorecard and SDG Value Chain Analysis tools.
• Engaged with portfolio companies on deforestation risks and implemented screening processes.
• Focus on board gender diversity as a proxy for gender equality due to data limitations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Flooding
• Heat stress
• Drought stress
• Fire weather stress
• Precipitation stress

Transition Risks

• Policy and legal risks
• Transition to low-carbon technologies
• Market risks
• Reputation risks

Opportunities

• Investment in renewable energy
• Energy efficiency improvements

Reporting Standards

Frameworks Used: SASB, TCFD, SFDR, GRI (implied)

Certifications: GRESB, BREEAM

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7 (Affordable and clean energy)
• SDG 11 (Sustainable cities and communities)
• SDG 12 (Responsible consumption and production)
• SDG 13 (Climate action)

East Capital's sustainability goals and focus areas align with these SDGs through various initiatives.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• East Capital Awards

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Social
• Governance
• Human Rights
• Sustainable Development Goals (SDGs)

Environmental Achievements

• GHG intensity 86% below benchmarks
• Nil exposure to negative biodiversity impact and very low hazardous waste

Social Achievements

• Increased female board members to 19%, exceeding benchmark
• Zero violation of UNGC or OECD guidelines within the portfolio

Governance Achievements

• Active voting at 89% of shareholder meetings, challenging insufficient gender diversity and long board tenure

Climate Goals & Targets

Environmental Challenges

• Lack of data on gender pay gap in emerging markets
• Data coverage on certain ESG metrics below 100%

Mitigation Strategies

• Focus on board gender diversity due to data limitations
• Active participation in CDP Non-Disclosure Campaign to improve data coverage
• Engagement with high-risk companies on deforestation issues as a FSDA member

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SFDR, SASB, SDGs

UN Sustainable Development Goals

• SDG 1
• SDG 3
• SDG 7
• SDG 9
• SDG 11

Investment in companies with positive impact on these SDGs