Guggenheim Securities, LLC
Climate Impact & Sustainability Data (2019, 2021)
Reporting Period: 2019
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:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable Infrastructure Investment
- ESG Integration into Investment Process
- Diversity and Inclusion
- Community Engagement
- Responsible Citizenship
Environmental Achievements
- More than 6,000 pounds of trash diverted from landfills; 94 percent reduction in CO2 output; Significant reduction in paper consumption through printer optimization and recycled paper; Employees saved 208,000 pounds of CO2 emissions, 335,000 kilowatts of energy, 97,000 gallons of water, and 8,000 pounds of waste.
Social Achievements
- Launched Women’s Innovation and Inclusion Network (WIIN); Implemented mentoring program for female talent; Hosted events celebrating diversity (Asian Pacific American Heritage Month, Hispanic Heritage Awareness Month, Women’s History Month, Black History Month, Pride Month, National Disability Employment Awareness Month); Partnered with organizations to advance inclusive talent acquisition; Supported veterans through Guggenheim Investments in Veterans Every day (GIVE); Hosted annual Diversity Innovation Summit; Partnered with Jackie Robinson Foundation; Implemented the Network for Social Innovation (NSI) program; More than 2,200 employees volunteered over 7,770 hours of service to more than 70 local non-profit partners.
Governance Achievements
- Guggenheim Partners Investment Management is a signatory to the UN-supported Principles for Responsible Investment (PRI); Established Guggenheim Investments’ Sustainable Stewardship Council and ESG Oversight Committee; Implemented Law and Regulatory Compliance Pro Bono Program; Established Local Social Responsibility (LSR) Councils in multiple offices.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Actively seeking to identify and do business with firms owned by women, minorities, members of the LGBTQ community, and veterans
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: UN Principles for Responsible Investment (PRI)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Circular Economy
- Sustainable Materials
- Sustainable Packaging
- Community
- Social Responsibility
- Supply Chain Sustainability
Environmental Achievements
- Allbirds reduced the average carbon footprint of its top 10 products by 14% through renewable energy in 2021.
- VF Corporation aims for 100% renewable energy for its DTC operations by 2025 (currently at 30%).
- VF Corporation launched the first regenerative wool platform in the world.
- VF Corporation started the first regenerative rubber pilot in the world in Thailand.
- Levi Strauss & Co. released its first ever extensive sustainability report.
Social Achievements
- Levi Strauss & Co.'s "Buy Better, Wear Longer" campaign reflects changing consumer behavior.
- VF Corporation's commitment to improving the lives of workers and communities across its value chain.
- Allbirds' incorporation as a public benefit corporation and a Certified B Corp.
Governance Achievements
- Levi Strauss & Co. established a new Chief Sustainability Officer role.
- VF Corporation set ambitious greenhouse gas emission reduction targets approved by the Science Based Targets initiative.
- Allbirds integrated long-term sustainability goals into its four overall strategic initiatives.
Climate Goals & Targets
Long-term Goals:
- VF Corporation to achieve zero carbon emissions by 2050.
- Allbirds to achieve 95% carbon reduction by 2030.
Medium-term Goals:
- VF Corporation to source 100% of its top nine materials from regenerative, responsibly sourced, renewable or recycled sources by 2030.
- Allbirds to reduce carbon footprint to near zero by 2030.
Short-term Goals:
- Levi Strauss & Co. to be circular ready in 2025.
- VF Corporation to source 100% renewable energy for DTC operations by 2025.
- VF Corporation to eliminate all non-essential single-use plastics by 2023.
- VF Corporation to eliminate single-use plastic packaging by 2025.
- Allbirds to reduce carbon footprint by 50% by 2025.
Environmental Challenges
- Complexity of the circular economy ecosystem in apparel.
- Eliminating some sources of emissions across the supply chain.
- Supply chain decarbonization.
Mitigation Strategies
- Levi Strauss & Co.'s focus on the ecosystem rather than individual products for circular economy.
- VF Corporation's three pillars of focus: sustainable materials, sustainable packaging, and circularity.
- Allbirds' collaboration with other brands to exert collective influence on supply chains.
- VF Corporation's work with factories to install renewable energy.
Supply Chain Management
Responsible Procurement
- VF Corporation's sourcing of top volume materials supporting regenerative agriculture.
- Allbirds' collaboration with other brands to improve supply chain sustainability.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science Based Targets initiative
Certifications: Certified B Corp
Sustainable Products & Innovation
- VF Corporation's circular jacket made using Eklund regenerated nylon.
- Allbirds' products labeled with their carbon footprint.