Goldman Sachs International
Climate Impact & Sustainability Data (2021-04-13)
Reporting Period: 2021-04-13
Environmental Metrics
ESG Focus Areas
- Climate Change
- Supply Chain Sustainability
Climate Goals & Targets
Environmental Challenges
- Stagnant copper supply conditions
- Lack of investment in new copper supply due to poor returns and ESG concerns
- Supply chain disruptions due to the pandemic
- Potential for inventory depletion due to surging demand
Mitigation Strategies
- Price increases to incentivize new supply
- Modeling of scrap supply and demand substitution to mitigate near-term deficits
- Analysis of potential greenfield projects to address long-term supply gap
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Increased demand for copper in renewable energy infrastructure