Baringa Partners LLP
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Renewable Energy
- Climate Change
- Grid Infrastructure
Environmental Achievements
- Significant growth in renewable energy capacity across various regions (specific figures vary by region and technology)
- High renewable energy penetration in some regions (e.g., Tasmania achieving 100% renewable electricity generation)
Social Achievements
- Increased investment in renewable energy projects, creating jobs and economic opportunities
- Government initiatives to support renewable energy development and deployment (e.g., subsidies, auctions, regulatory frameworks)
Governance Achievements
- Policy reforms to streamline the planning and approval process for renewable energy projects
- Development of new market mechanisms to facilitate renewable energy integration (e.g., corporate PPAs, auctions)
Climate Goals & Targets
Long-term Goals:
- Various long-term targets for renewable energy deployment vary by region and country (e.g., net-zero targets by 2050)
Medium-term Goals:
- Various medium-term targets for renewable energy deployment vary by region and country (e.g., specific GW targets by 2030-2040)
Short-term Goals:
- Various short-term targets for renewable energy deployment vary by region and country (e.g., specific GW targets by 2025-2030)
Environmental Challenges
- Grid congestion in several regions
- Intermittency of renewable energy sources
- Permitting delays and regulatory uncertainty
- Supply chain disruptions
- High initial investment costs for renewable energy projects
- Political and regulatory risks
- Balancing reliability with renewable energy integration
Mitigation Strategies
- Investment in grid infrastructure upgrades
- Development of energy storage technologies (e.g., BESS)
- Policy reforms to streamline permitting processes
- Government subsidies and support schemes
- Corporate PPAs to provide revenue certainty
- Auctions to allocate renewable energy capacity
- Regional cooperation to enhance grid stability
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
Renewable energy deployment contributes to achieving these goals by reducing greenhouse gas emissions and increasing access to clean energy.