Climate Change Data

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