Credit Suisse
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Inflation driven by economic war between US, China, and Russia.
- Supply chain disruptions due to geopolitical tensions and zero-Covid policies.
- Tight labor market due to protectionist immigration policies, early retirements, and reduced global labor mobility.
- Energy price increases due to the war in Ukraine and underinvestment in oil fields (legacy of ESG policies).
Mitigation Strategies
- The Fed's tightening campaign to curb demand.
- President Biden's efforts to increase OPEC production and secure Russian production.
- Encouraging unionization of workers (as opposed to firing them).