Climate Change Data

Climate Chance Association & Finance for Tomorrow

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

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

  • Climate Change

Environmental Achievements

  • Increased green financing activities by banks and investors.
  • Growth of the green bond market to approximately USD 160 billion in 2017 issuance.
  • Development of green loan principles to standardize the market.

Social Achievements

  • Not disclosed

Governance Achievements

  • Increased transparency concerning climate risks and opportunities among financial institutions (TCFD recommendations).
  • Growing number of financial regulations related to the environment (nearly 90% introduced since 2009).

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero anthropogenic GHG emissions in the second half of the 21st century (Paris Agreement).
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Green financing remains weak (less than 1% of investor portfolios, less than 1% of the overall bond market, and just 15% of syndicated loans).
  • Continued financing for sectors and industries incompatible with the Paris Agreement.
  • Underestimation of risks posed by the energy transition and physical risks.
  • Lack of tools for measuring green financing.
  • Inconsistent actions by banks (financing both brown and green assets).
Mitigation Strategies
  • Increased shareholder engagement to pressure companies to define and implement climate strategies.
  • Development of new tools for modelling based on forward-looking scenarios and risk analysis at the portfolio level.
  • Development of green bonds and investment funds.
  • Implementation of exclusion policies by investors and banks (e.g., divestment from coal).
  • Increased focus on risk management and scenario analysis by banks and financial authorities.
  • Development of a European taxonomy of sustainable assets and action plan for sustainable finance.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Storms
  • Flooding
  • Drought
Transition Risks
  • Regulatory changes
  • Technological changes
  • Stranded assets
Opportunities
  • Green financing
  • Renewable energy
  • Energy efficiency

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Green bonds
  • Green loans
  • Green investment funds

Awards & Recognition

  • Not disclosed