Climate Change Data

Tern PLC

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:237 tCO2e/year
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

  • Offset calculated 2022 carbon emissions of 237 tCO2e by investing £4,700 in a UK-based tree planting and deforestation project.

Social Achievements

  • Not disclosed

Governance Achievements

  • Adopted the Corporate Governance Code 2018 published by the Quoted Company Alliance (QCA).

Climate Goals & Targets

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

Environmental Challenges

  • Significant decrease in valuation metrics and models in the technology sector.
  • Downward pressure on public technology company shares trickled down to the private technology sector.
  • £8.4m reduction in the unrealised fair value of the portfolio during the year.
Mitigation Strategies
  • Prioritising a compelling and sustainable opportunity for potential investors, rather than solely seeking market dominance.
  • Striving for a balance between growth and profitability to reduce burn rates and drive efficient value-creating growth.
  • Maintaining ongoing engagement with portfolio companies and understanding their cash needs.
  • Constantly reviewing expenses to ensure maximum efficiency.

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 Principles for Responsible Investment (PRI)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed