Climate Change Data

Federated Hermes Sustainable High Yield Bond Fund, Inc.

Climate Impact & Sustainability Data (2022-2023, 2023)

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:5,606.9 metric tons CO2e (2022)
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:4,864.7 kgal (2022)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Human and Labor Rights
  • Human Capital
  • Board Effectiveness

Environmental Achievements

  • Reduced greenhouse gas emissions; Energy Star score continues to improve each year and greenhouse gas emissions are declining. Paper usage dropped 68% in 2022 compared to 2019, and print volume reduced by 76% compared to 2019. Over 22.32 tons of paper shredded and recycled in 2022.
  • Improved energy efficiency at Pittsburgh headquarters

Social Achievements

  • Launched Women in Investing (WIn) ERBG to support women's professional development.
  • Expanded outreach efforts to attract diverse talent, resulting in increased female and minority representation in the summer intern program.
  • Contributed over $1.8 million to more than 175 charities in 2022.

Governance Achievements

  • Established a Proxy Voting Committee to oversee the proxy voting process.
  • Developed a robust complement of company and portfolio-level data and research tools for investment teams.
  • Implemented a policy of seeking to increase portfolio transactions with diverse-owned brokers.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Identify opportunities to procure renewable energy
Short-term Goals:
  • Increase energy efficiency firmwide
  • Increase landfill diversion

Environmental Challenges

  • Older building at headquarters presents challenges in reaching certain levels of energy efficiency.
  • Increased number and prescriptive nature of shareholder proposals.
  • Balancing fiduciary duty with ESG considerations.
Mitigation Strategies
  • Ongoing efforts to improve energy efficiency at headquarters.
  • Case-by-case evaluation of shareholder proposals, focusing on financial materiality.
  • Collaboration with investment teams to determine proxy voting decisions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Seeking to increase transactions with diverse-owned brokers

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme heat
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: SASB/ISSB, Greenhouse Gas Protocol

Certifications: Energy Star

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 4 (Education)
  • SDG 8 (Employment)
  • SDG 10 (Reduced Inequalities)

Donations to the Hispanic Heritage Foundation in support of these goals.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact