Climate Change Data

STAR Capital Partnership LLP

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1,027,139.3 tCO2e (2023)
Scope 1 Emissions:0.0 tCO2e
Scope 2 Emissions:0.0 tCO2e
Scope 3 Emissions:1,027,139.3 tCO2e

ESG Focus Areas

  • Greenhouse gas emissions
  • Climate risk
  • Talent attraction, retention, and development
  • Health and safety
  • Cyber security and data protection
  • Business ethics

Environmental Achievements

  • Improved the quality of Scope 3 emissions reporting
  • Held initial workshops with portfolio companies to support them with target setting and the modelling of various carbon reduction initiatives
  • Kicked off initial fund-level climate risk analysis in line with the TCFD framework

Social Achievements

  • Focused on initiatives to improve employee engagement, and offering training and development opportunities
  • Emphasized diversity and inclusion, building a team with 9 different nationalities

Climate Goals & Targets

Environmental Challenges

  • Climate change representing a key challenge to the planet and businesses contributing to this through their greenhouse gas emissions
  • Increasing market volatility related to climate change presenting new opportunities for companies to consider
  • Data security and other threats from cyber-attacks
Mitigation Strategies
  • Working to improve greenhouse gas emissions reporting with the assistance of an external carbon accounting specialist
  • Supporting portfolio companies in reducing their carbon footprint through various initiatives
  • Conducting a climate risk assessment in line with the TCFD framework
  • Developing and implementing policies and procedures that ensure a safe working environment
  • Establishing a future-proof system for IT and data protection at STAR and within the portfolio

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Business interruptions or supply chain disruptions due to extreme weather events
  • Reputational risk
  • Regulatory risk
  • Market risk
Transition Risks
  • Regulatory changes
  • Technological advancements
  • Carbon-focused policy making
  • Changes in consumer preferences

Reporting Standards

Frameworks Used: SASB: Asset Management & Custody Activities Standard (2021), TCFD, PRI