ECOVIS Wingrave Yeats
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate change
- Diversity, Equity, and Inclusion (DEI)
- Corporate governance
- Supply chain sustainability
- Ethical sourcing
- Environmental impact
- Social responsibility
- Data privacy
- Cybersecurity
- Digital inclusion
- Sustainable operations
- Renewable energy
- Waste management
- Human rights
- Animal welfare
- Community engagement
- Transparency
- Stakeholder capitalism
Environmental Achievements
- Tradinghub implemented carbon and emissions tracking with the long-term goal of further external accreditation.
- eXate developed specific data collection and reduction targets on waste management, improving energy efficiency and use of renewable energy.
Social Achievements
- Tradinghub implemented social metrics to measure employee welfare.
- eXate developed new initiatives to support local communities and enhance their charitable activities.
- eXate expanded training programs and created clear career progression paths to support employee growth, increasing employee retention by 18%.
Governance Achievements
- Tradinghub introduced new governance reporting processes, ensuring that any incidents are reported at a board and executive level.
- Ecovis Wingrave Yeats implemented remediation strategies in areas such as environmental supply chain management and internal governance policies and procedures.
Climate Goals & Targets
Environmental Challenges
- Regulatory compliance (various reporting and transparency requirements)
- Data management (resource-intensive data collection, analysis, and management)
- Changing regulations (keeping up with evolving ESG requirements)
- Greenwashing risks (misleading disclosures)
- Technology integration (cost and time-consuming implementation of advanced technologies)
- Inherited ESG risks (banks and insurance inheriting risks from financed/insured sectors)
- Supply chain transparency (ensuring ethical and sustainable sourcing)
- Consumer expectations (meeting growing demand for sustainable products)
- Changing consumer preferences
- Cost management (balancing sustainability costs with market competitiveness)
- Global supply chain disruptions
- Human rights (labor practices, modern slavery)
- Transition costs (switching to renewable energy)
- Technological adaptation (introducing new clean energy technologies)
- Regulatory pressure (ongoing compliance)
- Supply chain sustainability (ensuring supplier commitment to ESG)
- Public perception (managing public trust after environmental incidents)
- Cost implications (investments in energy-efficient technologies and sustainable materials)
- Supply chain complexity (ensuring supplier compliance with ESG standards)
- Regulatory compliance (continuous monitoring and adaptation)
- Human rights (working conditions, wages, working hours, training, health and safety, employee well-being, diversity)
- Initial costs (sustainable building design)
- Source of materials (obtaining sustainable materials)
- Technological integration (integrating advanced building technologies)
- Stakeholder engagement (interacting with various stakeholders)
- Waste management (reducing waste and energy in operations)
- Ethical standards (clinical trials, product development)
- Privacy and security of patient data
- Regulatory compliance (continuous monitoring and adaptation)
- Access to medicine
- Data privacy and cybersecurity concerns
- Environmental impact (data centers, supply chain)
- Fast-paced technological developments
- Supply chain transparency (ethical and sustainable sourcing)
- Regulatory compliance (navigating complex global regulations)
- Carbon footprint (reducing emissions)
- Labor practices (ensuring safe working conditions)
- Infrastructure development (developing clean technologies infrastructure)
- Regulatory compliance
- Talent acquisition
- Sustainable practices (transitioning to sustainable farming)
- Water management
- Climate resilience (adapting to climate change impacts)
- Supply chain complexity (ensuring ESG compliance throughout the supply chain)
- Consumer expectations (meeting demand for sustainable products)
- Resource management (reducing energy and water consumption)
- Waste reduction
- Supply chain transparency
- Technological integration (introducing advanced environmental technologies)
- Guest expectations
- Content diversity (promoting diversity and inclusion)
- Sustainable operations (reducing environmental impact of production)
- Content governance (censorship, intellectual property, ethical standards)
- Technological integration (integrating AI and blockchain)
- Environmental impact of streaming
- Advisory integration (including ESG criteria in advisory services)
- Operational sustainability (reducing carbon footprint, promoting diversity)
- Talent acquisition (hiring and retaining ESG-related skills)
- Benchmarking and reporting (developing internal ESG benchmarks)
- Environmental impact (reducing emissions, waste management, land rehabilitation)
- Community engagement (ensuring worker and community safety and well-being)
- Energy transition (decarbonization)
- Stakeholder engagement
- Curriculum integration (incorporating sustainability into curriculum)
- Stakeholder engagement (engaging students, faculty, parents, community)
- Infrastructure upgrades (upgrading energy-efficient and sustainable infrastructure)
- ESG measurements (developing metrics and frameworks)
- Set-up infrastructure (developing and manufacturing EVs using green materials)
- Supply chain issues (ensuring sustainable and ethical supply chain)
- Consumer acceptance (transitioning to EVs)
- Regulatory compliance (keeping up with emissions and safety regulations)
Mitigation Strategies
- Better ESG reporting and disclosures to attract investors
- Stronger financial strategies based on climate risk understanding
- Offering sustainable financial products (green bonds, sustainability-linked loans)
- Partnerships and collaborations on ESG initiatives
- Innovation and development of new business models
- Transparency and ethical approach to foster customer loyalty
- Developing unique sustainable product lines
- Innovation in product development (biodegradable packaging, energy-efficient production)
- Investing in renewable energy projects
- Improving resource management and reducing emissions
- Community engagement and local economic benefits
- Biodiversity maintenance
- Investing in renewable energy projects to create new opportunities
- Improving energy efficiency and operational effectiveness
- Using green financial solutions
- Investing in energy-efficient technologies and sustainable materials
- Collaborating on sustainability projects
- Developing sustainable products (recycled materials, longer lifespans)
- Sustainable design, energy-efficient buildings, reduced carbon footprint
- Incorporating climate change resilience into building design
- Promoting social equity in projects
- Reducing waste and energy use in operations
- Maintaining high ethical standards in clinical trials and product development
- Protecting patient data privacy and security
- Improving data privacy and cybersecurity
- Reducing data center and supply chain environmental impact
- Investing in green technologies (renewable energy sources)
- Implementing social impact initiatives
- Designing sustainable products (recyclable materials, energy-efficient appliances)
- Investing in electric vehicles and alternative fuels
- Improving operational efficiency
- Developing green logistics solutions
- Collaborating on sustainability projects
- Exploiting technological developments (autonomous vehicles, AI-driven logistics)
- Adopting sustainable farming practices, reducing pesticide use, improving water management
- Maintaining fair labor practices and animal welfare standards
- Implementing carbon farming practices
- Protecting and improving biodiversity
- Reducing energy and water consumption, producing less waste, sourcing locally and sustainably
- Building climate change resilience into facilities
- Promoting local culture and sustainable tourism
- Promoting diversity and inclusion in content
- Reducing environmental impact of production processes
- Integrating advanced technologies for transparency and accountability
- Reducing carbon footprint of digital streaming services
- Creating inclusive content
- Ensuring sustainable production and distribution
- Investing in green production techniques
- Creating social impact content
- Embedding ESG in advisory services, adopting sustainable practices
- Reducing carbon footprint, promoting diversity, ethical business practices
- Ensuring supply chain transparency
- Building client trust through ethical services and operations
- Establishing ESG advisory services
- Deepening client relationships
- Reducing emissions, managing waste, land rehabilitation
- Ensuring worker and community safety and well-being
- Using technologies (big data, AI, supply chain automation)
- Integrating sustainability into curriculum and operations
- Implementing digital education to promote social equity
- Incorporating climate education into curriculum
- Student participation in sustainability initiatives
- Creating green campuses
- Collaborative research
- Preparing students for green economy careers
- Advancement in battery technology and energy efficiency
- Implementing circular economy practices
- Collaborating with tech companies and governments
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN SDGs