ECOFACT AG
Climate Impact & Sustainability Data (JANUARY 2024, October 2022)
Reporting Period: JANUARY 2024
Environmental Metrics
ESG Focus Areas
- Nature conservation
- Water management
- Deforestation
- Climate change
- Just transition
- Greenwashing
- AI regulation
- Sustainable finance
- Corporate political conduct
- Supply chain sustainability
- Human rights
Climate Goals & Targets
Environmental Challenges
- Mismanagement of water resources
- High rates of deforestation
- Greenwashing in the financial sector
- Lack of transparency in corporate political activities
- Inadequate preparation for climate change impacts by governments
- Insufficient transition finance
- Lack of robust business cases for nature conservation
Mitigation Strategies
- Improved regulation and enforcement
- Development of transition finance-friendly policies and products
- Enhanced transparency and accountability in corporate political activities
- Development of tools and frameworks for nature conservation and sustainable finance
- Increased focus on accurate data and application of existing fraud legislation to combat greenwashing
- Better measurements of transition finance
- Companies investigating their banks' carbon emissions
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of sustainable products and services
Reporting Period: October 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Human Rights
- Environmental Risk
- Governance
Climate Goals & Targets
Environmental Challenges
- Widespread drought affecting various sectors
- Insufficient voluntary standards in extractive industries for human rights and environmental risks
- Potential negative consequences of offshore wind power
- Growing environmental costs of crypto-mining
- Climate change's impact on the economy
- Food shortages caused by extreme weather
Mitigation Strategies
- Increased cyber security investments by central banks
- Self-regulatory approaches by Swiss Bankers Association (SBA) and Asset Management Association Switzerland (AMAS)
- HSBC's plan to phase out investments in thermal coal
- Development of open-source green finance tools by OS-Climate
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Historic drought
- Extreme weather
- Food shortages
Transition Risks
- Climate regulation
- Shifting consumer preferences
Reporting Standards
Frameworks Used: UN Global Compact, Principles for Responsible Investment