iM Global Partner
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Lack of common standards for ESG evaluation.
- Subjectivity in ESG data collection and interpretation.
- Risk of missing market opportunities due to ESG-related exclusions.
- Inaccurate or unavailable ESG data from third-party providers.
- Evolving sustainable finance frameworks and regulations.
Mitigation Strategies
- Delegation of ESG policy application to sub-managers with supervision.
- Monitoring of the taxonomy framework under SFDR.
- Use of diverse approaches to identify and account for sustainability risks.
- Annual due diligence review of sub-managers' ESG processes.
- Continuous monitoring and adaptation to regulatory changes.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SFDR
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:5004 tCO2e
Total Energy Consumption:464 tCO2e
Waste Generated:15400 kg (estimated)
ESG Focus Areas
- Climate Change
- Biodiversity
- Diversity, Equity, and Inclusion (DEI)
- Philanthropy
Environmental Achievements
- Measured and reported carbon footprint for 2022, identifying key emission sources.
Social Achievements
- Organized annual employee seminar focusing on learning and collaboration, with high employee satisfaction.
- Launched a company-wide Talent Development Programme.
- Conducted annual 'Temperature Checks' to gather employee feedback.
Governance Achievements
- Became a UNPRI signatory and started supporting partners in becoming signatories.
- Initiated the study of TCFD and TNFD frameworks for future climate and nature-related financial disclosures.
Climate Goals & Targets
Medium-term Goals:
- Assess the TNFD framework's progress and development throughout the year to evaluate how to align the company's structure with the framework.
Short-term Goals:
- Develop a concrete understanding of the TCFD framework and make progress toward TCFD-aligned climate-related disclosure in 2023.
Environmental Challenges
- Increased carbon footprint in 2022 due to company growth, new offices, and increased business activity.
- High degree of uncertainty in carbon emissions from purchases due to lack of data from service providers.
Mitigation Strategies
- Working with an external evaluator (Sirsa) to improve data quality and visibility on carbon emission sources.
- Initiating workshops on zero waste and improving waste recycling processes.
- Monitoring energy consumption and minimizing it.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD, TNFD, UN PRI
Third-party Assurance: Sirsa