Maples Group
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
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:0.53% of total fuel consumption (projected for 2024)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Sustainable Aviation Fuel (SAF)
Environmental Achievements
- Increased use of Sustainable Aviation Fuel (SAF) to 450k-500k tonnes in 2023, adding USD 756 million to fuel bill.
- Passenger and cargo traffic nearly returned to pre-pandemic levels.
Social Achievements
- Passenger satisfaction as high as 82% in a survey of 8,000 air travelers.
- 91% of surveyed travelers say air transportation is necessary.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Wars in Ukraine and the Middle East impacting airspace and international operations.
- Supply chain disruptions causing delays in aircraft deliveries and parts.
- High fuel prices due to geopolitical factors and limited refining capacity for jet fuel.
- Tight labor markets leading to staff shortages and upward pressure on wages.
- High global debt burden limiting fiscal expansion.
- Economic slowdown risks impacting passenger demand.
- Rising regulatory costs.
Mitigation Strategies
- Airlines are increasing use of SAF and carbon credits to reduce carbon footprint.
- Airlines are placing large orders for new fuel-efficient aircraft.
- Airlines are working to improve profit margins and strengthen balance sheets.
- Airlines are adapting to the changing geopolitical landscape by rerouting flights.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Sustainable Aviation Fuel (SAF)
Awards & Recognition
- Not disclosed
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainability-Linked Loan Principles (SLLP)
- Environmental, Social, and Governance (ESG)
Climate Goals & Targets
Environmental Challenges
- Limited data available for recently formed borrowers.
- Difficulty identifying key performance indicators (KPIs) for borrowers with limited operations.
- Uncertainty and closed nature of a fund's planned investments make assessing KPIs or sustainability performance targets (SPTs) impractical.
- SLL requirements may extend beyond investor requirements.
- Verification processes can be impeded by the variety and volume of investments.
- Difficulty ensuring sufficient data for SPT compliance when the fund doesn't control the investment portfolio.
- Inability to identify suitable KPIs or SPTs may make green or social loans more appropriate.
- Short-term fund finance transactions (1-3 years) make gathering sufficient information difficult.
- Varied application of sustainability principles based on market and regulations.
Mitigation Strategies
- Individual lender assessment to determine borrower qualification for SLL.
- Using investment-level KPIs.
- Phasing in investments for SPT calculations.
- Extending SPTs to the latest possible term or recasting them after the initial term.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Sustainability Linked Loan Principles (SLLP)