Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Climate Change
• Gender Equality
• Sustainable Development
• Economic Empowerment

Environmental Achievements

• 113,936 tons of CO2 avoided
• Increased number of carbon-neutral companies in portfolio

Social Achievements

• 55 full-time jobs created
• 40% of women in the workforce
• 11 women in leadership positions
• Improved access to energy for 745,295 people and 40 MSMEs

Governance Achievements

• Officially adopted mission-driven company status
• Implemented new KPIs to track portfolio company performance and company-level objectives (carbon offsetting, increasing carbon-neutral companies in portfolio, increasing full-time jobs created, improving % of women in workforce, raising % of women in leadership positions)

Climate Goals & Targets

Environmental Challenges

• Lack of standardized methodologies for measuring environmental impact in mini-grid and C&I sectors
• Impact of COVID-19 on sales and operations of portfolio companies
• Difficulties in accessing reliable data on MSMEs in emerging markets

Mitigation Strategies

• Developed tools for calculating carbon emissions avoided in mini-grid and C&I sectors in collaboration with portfolio companies
• Implemented mitigation strategies to support portfolio companies during lockdowns (e.g., online sales platform, price reductions, extended payment deadlines)
• Developed an MSME-focused theory of change to better understand and measure impact

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GOGLA, UNFCCC

UN Sustainable Development Goals

• SDG 1
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 13
• SDG 15

Gaia's investments contribute to these goals through financing renewable energy solutions, promoting gender equality, improving access to clean water and sanitation, creating jobs, and supporting sustainable economic growth.