Witan Investment Trust
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:12.4 tCO2e/year
Scope 1 Emissions:3.7 tCO2e/year
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:8.7 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:2.1 tonnes of CO2
ESG Focus Areas
- Carbon Footprint Reduction
- Responsible Investment
- Engagement with Fund Managers
- Portfolio Company Sustainability
Environmental Achievements
- Calculated carbon footprint for the first time in 2022 (12.4 tCO2e), with Scope 1 and 2 emissions at 3.7 tCO2e and Scope 3 at 8.7 tCO2e.
Social Achievements
- Not disclosed
Governance Achievements
- Developed and implemented a responsible investment framework, engaging 100% of fund managers in the process.
- Voted on 97% of proposals from portfolio companies managed by PRI signatories.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions for Witan and its portfolio by 2050.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Develop and define NZAM commitments in more detail, focusing on reducing carbon risk and intensity of portfolio.
Environmental Challenges
- Managing and improving ESG impacts as an investment fund with minimal direct impact.
- Encouraging laggard portfolio companies to improve on key sustainability issues.
Mitigation Strategies
- Developed interim targets as part of commitment to NZAM (Net Zero Asset Managers initiative).
- Regular engagement with fund managers on responsible investment practices.
- Focus on encouraging portfolio companies to reduce emissions rather than divestment.
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: UN PRI, NZAM
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed