Climate Change Data

TheCityUK

Climate Impact & Sustainability Data (2012-2021, 2021)

Reporting Period: 2012-2021

Environmental Metrics

ESG Focus Areas

  • Green Finance

Environmental Achievements

  • Growth of green finance from $5.2 billion in 2012 to $540.6 billion in 2021
  • Global green bond issuance increased from $2.3 billion in 2012 to $511.5 billion in 2021

Climate Goals & Targets

Environmental Challenges

  • Lack of awareness of green finance products and services
  • Lack of standardized definitions of 'green'
  • Covid-19 pandemic, supply chain disruptions, and the conflict in Eastern Europe
Mitigation Strategies
  • Development of green taxonomies (e.g., EU Taxonomy)
  • Initiatives like the Partnership for Carbon Accounting Financials (PCAF) and the Task Force on Climate-related Financial Disclosures (TCFD)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD

Reporting Period: 2021

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

  • Environmental
  • Social
  • Governance

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

  • Lack of data for ESG disclosures
  • Balancing robust ESG standards with FinTech innovation
  • Inconsistent international ESG standards
  • Unclear obligations and conflicting guidance on ethical AI use
  • Need for flexible regulation to adapt to rapid FinTech developments
Mitigation Strategies
  • Development of technology to assist with ESG reporting (Digital Sandbox)
  • Proportionate regulation and pilot schemes
  • International alignment of standards while reflecting UK-specific needs
  • Holistic UK legislation for ethical data and AI use
  • Flexible regulatory framework allowing for agile changes

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: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed