Capital Fund Management S.A.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
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:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Diversity
- Governance
Environmental Achievements
- Purchased 2600, 2000, and 2000 Carbon Credits Units (tCO2eq) in 2020, 2021, and 2022 respectively, for a total of over 20,000 euros each year.
- Reduced air travel by employees leading to lower carbon emissions in 2021 and 2022 compared to 2020.
Social Achievements
- Maintained a professional gender equality index score of 88/100, 86/100, and 89/100 in 2020, 2021, and 2022 respectively.
- Launched volunteering during office hours via Wenabi platform (8 hours/year since October 2021).
- Sponsored events like Girls who Code and Women in Machine Learning and Data Science.
- Provided financial donations and internship opportunities focusing on women and socio-economically disadvantaged candidates.
- Supported internal employee resource groups.
Governance Achievements
- Established a Sustainability Committee in March 2020 comprising 4 members of CFM's Managing Board and key personnel.
- Created a Responsible Investment taskforce and a CSR taskforce to implement ESG integration objectives and improve CFM’s environmental footprint and societal impact.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Lack of large-scale, verified, consistent ESG data across all investment pools, especially for sector-neutral approaches in long-short equity portfolios.
- Complexity and breadth of investment universe making it challenging to provide meaningful quantitative metrics of financial risks linked to ESG criteria.
- Difficulty in systematically and consistently determining which underlying assets meet the EU Taxonomy criteria due to a lack of broad market-standard datasets.
Mitigation Strategies
- Continuously seeking to improve access to meaningful data and integrate new relevant datasets as they emerge.
- Supporting shareholder motions demanding more transparency from companies on climate change strategies and risks.
- Introducing ESG reporting around exposures held on single-name issuers and their associated carbon footprint information in monthly factsheets.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Storms
- Precipitation
- Temperature
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: TCFD, UN PRI, SFDR
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed