SGT German Private Equity (formerly SGT German Private Equity, soon to be German AI Group (GAI))
Climate Impact & Sustainability Data (2021, 2022 to 2027E, 2023)
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Hamburg
Reporting Period: 2022 to 2027E
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Increasing threat of data breaches (cyber criminality)
- Impact of consumer spending (economic downturns)
- Possible increases in compliance costs (regulatory changes)
- New technologies with better payment systems (e.g. blockchain)
- pricing pressure
- Creeping commoditization within the payments sector (need to innovate)
Mitigation Strategies
- Focusing on a niche market within the global payment services industry (low volume but high margins voucher business) to avoid direct competition with larger more advanced players
- Integrating solutions deeper into a merchant’s or partner’s offering to create a more seamless, embedded flow and creates “stickiness” with partners and their customers.
- Extensive physical and digital infrastructure to create significant barriers to entry for new competitors.
- Ongoing innovative power
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Environmental Challenges
- Failed PE transaction and virtually no new fundraising resulting in revenue miss of approximately EUR 10m.
- Limited success in closing lucrative deals and raising sufficient AuMs in the private equity business.
Mitigation Strategies
- Strategic decision to discontinue the private equity business and focus on the AI market.