Climate Change Data

Mekong Capital Holdings

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:18,964 tCO2e (financial) + 165 tCO2e (operational)
Scope 1 Emissions:15 tCO2e (operational)
Scope 2 Emissions:137 tCO2e (operational)
Scope 3 Emissions:13 tCO2e (operational)
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

  • Diversity, Equality and Inclusion
  • Climate Change
  • Cybersecurity and Data Protection
  • Environmental and Social Sustainability

Environmental Achievements

  • Introduced an internal GHG calculation tool to estimate operational and financial emissions (18,964 tCO2e in financial emissions; 165 tCO2e in operational emissions).

Social Achievements

  • 78% of Mekong Capital employees are women; 25% of Partners are women; 83% of Managers are women; 69% of promotions in 2023 were women.
  • Portfolio companies reported 54% of employees as women, 21% with female CEOs, 22% of senior management positions held by women, and 93% with at least one female board member.
  • F88 partnered with the Australian Development Fund (ADI) to implement gender equality initiatives.
  • Hoa Sen Viet Group (HSVG) is committed to fostering leadership skills among women.

Governance Achievements

  • Established an Environmental and Social Management System (ESMS) in 2016 and consistently improved its approach and management practices.
  • Formalized E&S policy to maximize positive impacts and mitigate negative risks.
  • Implemented a robust E&S due diligence process for potential investments, including E&S action plans and undertakings.
  • Established an internal grievance mechanism for staff.
  • Conducts annual E&S health checks with portfolio companies.
  • Implemented cybersecurity measures including Microsoft Purview, BitLocker, Multi-Factor Authentication, and security solutions from Sophos and Microsoft.
  • Provided cybersecurity training and phishing drills to employees (75%+ participation).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Rapid changes in regulatory frameworks related to climate change.
  • Potential physical climate risks to portfolio companies.
  • Negative perceptions of F88 due to misconceptions about the pawnbroking industry.
  • Growth outpacing management capabilities in some portfolio companies, neglecting E&S considerations.
Mitigation Strategies
  • Proactive monitoring and tracking of evolving climate change requirements and standards.
  • Collaboration with portfolio companies to mitigate physical climate risks.
  • F88's focus on legal compliance and customer protection to address negative perceptions.
  • LiveSpo's development of a 5-10 year E&S strategy with support from USAID and AED.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Good International Industry Practices, GHG Protocol’s Standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • F88 awarded Gold Standard for Customer Protection by Smart Campaign