Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Access
• Diversity, Equity, Inclusion (DEI)
• Sustainable Development

Environmental Achievements

• Supported startups that created 2,237 jobs and reduced ~1.8 tons of GHG emissions (Solar Infra).
• Radiator Labs mitigated approximately 1,800 tons of carbon annually.
• Takachar's technology could reduce smoke emissions from agricultural waste by up to 98%, potentially cutting a billion tons of carbon dioxide a year.
• SWAP Energi Indonesia reduced 37 tons of total CO2e.

Social Achievements

• Supported over 1,372 entrepreneurs, with 30.73% average female representation in incubator & accelerator programs (excluding some regions).
• Worked with over 1,000 entrepreneurs in 2021, providing close support to 300 startups.
• Provided US$18 million in funds and leveraged hundreds of millions more from its ecosystem.
• Partnered with community-based organizations in Uganda, winning the Ashden Award for Energy Access Innovation.
• Third Derivative supported 62 startups in 2021, of which 42% were women entrepreneurs.

Governance Achievements

• Hired a Global Impact Manager to improve measurement of program effectiveness and JEDI outcomes.
• Added a new COO focused on continuous improvement and program excellence.

Climate Goals & Targets

Environmental Challenges

• Came up short on goals for women entrepreneurs in nearly all markets.
• Need to improve JEDI outcomes.

Mitigation Strategies

• Hired a Global Impact Manager to help measure what works and what doesn’t in regards to JEDI and other critical metrics.
• Focus on continuous improvement and program excellence including JEDI outcomes in 2022.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Ashden Award for Energy Access Innovation

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Economic Development
• Energy Access

Environmental Achievements

• Supported 1,198 startups and businesses contributing to clean energy solutions.
• Trained over 8,800 individuals in clean energy entrepreneurship and skills.
• Facilitated the creation of 7,836 green jobs by supported startups.

Social Achievements

• 40% of entrepreneurs supported identified as women (significantly above industry average).
• 27% of entrepreneurs came from under-represented communities.
• Various programs focused on career readiness, youth engagement, and skills training for a green workforce.

Governance Achievements

• Established partnerships with governments, corporations, financial institutions, and research organizations to build inclusive clean energy ecosystems.
• Implemented programs promoting transparency and accountability in the clean energy sector.
• Developed financial products to catalyze financial flows into climate ecosystems.

Climate Goals & Targets

Environmental Challenges

• Access to capital for clean energy businesses.
• Development of a robust talent pipeline in the clean energy sector.
• Building inclusive ecosystems to support innovation and growth.

Mitigation Strategies

• Provided impact funds, grant programs, voucher programs, and loan programs.
• Offered technical and entrepreneurial training, career readiness programs, bootcamps, and hackathons.
• Facilitated commercial partnerships, networking opportunities, and connections with investors.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 8 (Decent Work and Economic Growth)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 13 (Climate Action)

New Energy Nexus' initiatives contribute to these SDGs by fostering clean energy entrepreneurship, creating green jobs, promoting sustainable innovation, and accelerating the clean energy transition.