Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Investment
• Corporate Social Responsibility

Social Achievements

• Increased CSR support from US$25,000 to US$94,000 (277% growth), focusing on education, nation-building, and community development in the Caribbean.

Governance Achievements

• Adopted a Corporate Governance Policy (available on company website).

Climate Goals & Targets

Environmental Challenges

• Global economic slowdown impacting Caribbean markets.
• Poor returns in global credit markets, particularly in the US high-yield market.
• Significant fall in oil prices negatively affecting energy sector and bond market.
• Reduced securities trading opportunities.
• Bond restructuring exercise and impairment loss on energy-related security.

Mitigation Strategies

• Rebalancing portfolio to reduce exposure to high-yield bond market and energy/mining sectors.
• Increased vigilance of markets by adding greater diversity and strengthening Board of Directors and Investment Management Committee.
• Emphasis on carry-trade portfolio weighted to investment-grade securities.
• Enhanced analytical abilities for closer market monitoring.
• Expense management and consolidation to improve efficiency ratio.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: KPMG Eastern Caribbean