Diamond Hill International Fund L.P.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Rising energy costs, weakening industrial output and escalating political instability in Europe.
- Tepid consumer demand, deflationary pressures and export dependence in Asia Pacific (ex-Japan).
- Political instability in South Korea.
- Strong US dollar and falling commodity prices in emerging markets.
- Declining US sales and leadership uncertainty at Stellantis.
- Softer demand for luxury goods in key Asian markets for Ferrari.
Mitigation Strategies
- Solid stock selection in health care and communication services.
- Addressing product delays at Samsung.
- Disciplined capital allocation and substantial discount to net asset value at EXOR.