Cornerstone Total Return Fund, Inc.
Climate Impact & Sustainability Data (2023, 2024-01-01 to 2024-06-30)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Banking crisis early in the year (Silicon Valley Bank, Signature Bank, First Republic Bank failures).
- Inflationary pressures not entirely contained (consumer price index growth of 3.4% in December).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-01-01 to 2024-06-30
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Concerns that economic growth would be impacted by trade disruptions resulting from the Francis Scott Key Bridge collapse in Baltimore.
- Slow progress toward returning inflation to pre-pandemic averages.
Mitigation Strategies
- The negative effects of the bridge collapse were short-lived.