Alpha Group International plc
Climate Impact & Sustainability Data (2022, FY2022)
Reporting Period: 2022
Environmental Metrics
Social Achievements
- Launch of new employee growth share schemes, taking the total number of colleagues with a long-term equity interest in the Group to 1105
- 67% increase in employee headcount, taking our team to over 350 people across eight global offices
Governance Achievements
- Listing on the Premium Segment of the Main Market intended for 2024
Climate Goals & Targets
Short-term Goals:
- to have at least doubled this to 8,400 by the end of 2023
Environmental Challenges
- Challenges arising in our Toronto office and expected this to cause a reduction in their revenues for the year
- headwinds from the global economic slowdown across the wider marketplace
- some businesses were overstocking in anticipation of supply chain shortages
- less fund and institutional flow due to reduced deal activity
- slowdown in trading going through existing accounts in the fourth quarter of 2022
- investment managers naturally found fundraising more challenging
Mitigation Strategies
- increasing investment into a Back Office team to support our 24/7 service capabilities, as well as a move to a new purpose-built office space
- maintaining a strong cost discipline as we scale, especially as we accelerate our investment
- carefully managing our rate of growth during the year, in order to create bandwidth to accelerate our investment in scalability
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY2022
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Suboptimal decision-making by clients due to fear and greed in unpredictable FX markets.
- Short-term focus of traditional FX providers leading to suboptimal hedging strategies.
- Complexity of financial instruments and market predictions.
Mitigation Strategies
- Risk management-led approach, not FX market-led.
- Focus on simple, effective hedging products.
- Business conversations with clients to understand their needs, not just sell products.
- Long-term client relationships based on trust and credibility.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed