Developing World Markets (DWM)
Climate Impact & Sustainability Data (2022, 2023)
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
- Financial Inclusion
- SME Financing
- Climate Change Mitigation and Resilience
Environmental Achievements
- $345.6 million in outstanding loan portfolio across green lending products
- Nearly 300,000 MW of renewable energy capacity financed in 2022
- 16.5k MT emissions avoided
Social Achievements
- 19 million jobs supported at client organizations
- 6.9k net new employees added at portfolio companies
- Two-thirds of individual end clients are women; one-third of business clients are women-owned or women-led
Governance Achievements
- 88% of portfolio companies have workplace policies and practices that enhance gender equity
- Over half of portfolio companies meet three of the four 2X Challenge criteria
Climate Goals & Targets
Long-term Goals:
- Net zero carbon portfolio
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Steep global inflation dampening demand in emerging markets
- Disruptions to production and supply chains driving food prices to record highs
- Underdeveloped taxonomies for tracking climate change mitigation, adaptation, and resilience in inclusive finance
Mitigation Strategies
- Investments in inclusive companies to help lower-income people build resilience
- Support and encouragement for portfolio companies to make progress on client protection and gender equity
- Active role in building the capacity of inclusive financial institutions to accelerate climate action
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Floods, droughts
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IRIS+, Operating Principles for Impact Management, UN Principles for Responsible Investment (PRI), 2X Global
Certifications: Cerise/SPTF Client Protection Standards
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 1
- SDG 5
- SDG 8
- SDG 9
- SDG 13
DWM's investments directly contribute to these SDGs and indirectly support others.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- IA 50 Emeritus Manager (2022)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Gender Equity
- Job Creation and Inclusive Economic Growth
- Climate Change Mitigation and Adaptation
Environmental Achievements
- Increased green loans outstanding from $345.6 million to $771.6 million.
- 52% of portfolio companies offer climate-related financing.
Social Achievements
- Reached 25.1 million end clients, 69% of whom were women.
- Increased percentage of portfolio companies with a majority of women staff from 45% in 2020 to 56% in 2023.
Governance Achievements
- 79% of portfolio companies formally committed to implementing all eight Client Protection Standards.
- Increased share of portfolio companies with board-level review of climate risk (23% in 2023 compared to 17% in 2022).
Climate Goals & Targets
Environmental Challenges
- Climate-related disasters putting livelihoods at risk.
- Persistent gender gap in financial inclusion.
- Limited data on outcomes for MSMEs.
Mitigation Strategies
- Increased financing for climate change mitigation and adaptation.
- Partnering with 2X Global and publishing a gender-lens investing approach.
- Providing technical assistance to portfolio companies to enhance ESG risk management.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Droughts
Reporting Standards
Frameworks Used: Operating Principles for Impact Management, IRIS+
Third-party Assurance: BlueMark
UN Sustainable Development Goals
- SDG 1
- SDG 5
- SDG 8
- SDG 9
- SDG 10
- SDG 13
DWM's three strategic impact goals are aligned with these SDGs.
Awards & Recognition
- ImpactAssets 50 Emeritus Manager