Null
Climate Impact & Sustainability Data (2017, 2017-2019)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Human Rights
- Social Performance
Climate Goals & Targets
Environmental Challenges
- Lack of reliable, accessible information about the human rights track records of individual companies hinders risk management and advancement of social objectives.
- Social measurement evaluates what is most convenient, not what is most meaningful.
- Current approaches to disclosure are not likely to yield the information needed to identify social leaders.
- Lack of consistent standards underpinning social measurement increases costs and creates confusing “noisiness” across the ESG industry.
- Existing measurement does not equip investors to respond to rising demand for socially responsible investing strategies and products.
Mitigation Strategies
- Measure companies’ real-world effects, not just their efforts.
- Diversify the data – go beyond company disclosure.
- Establish and rely upon clear standards for evaluating “S”.
- Target investors as the primary audience.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SASB, UN Guiding Principles Reporting Framework
Reporting Period: 2017-2019
Environmental Metrics
Total Carbon Emissions:Not disclosed
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
- Worker welfare
- Economic development
- Ethnic tensions
- Supply chain development
Environmental Achievements
- Not disclosed
Social Achievements
- Creation of 25,000 jobs at Hawassa Industrial Park
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Government's goal of $30 billion in apparel exports (though considered unrealistic by some).
Medium-term Goals:
- Development of a domestic supply chain.
- Improved worker housing and living conditions.
Short-term Goals:
- Government aims to establish a minimum wage.
- Manufacturers aim to improve factory efficiency.
Environmental Challenges
- Extremely low wages ($26/month) leading to worker dissatisfaction and high attrition rates.
- Low factory efficiency due to inadequate worker training and skills.
- Lack of decent housing for workers.
- Ethnic tensions and related labor unrest disrupting factory operations.
- Absence of a local supply chain for raw materials.
- Bureaucratic hurdles and inefficient customs processes.
Mitigation Strategies
- Government considering a minimum wage increase.
- Some manufacturers offering performance-based bonuses and allowances.
- Government exploring subsidized housing initiatives (dorm construction).
- Government efforts to address ethnic tensions.
- Government plans to develop a domestic supply chain.
- Government efforts to streamline infrastructure and administrative processes.
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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 8: Decent Work and Economic Growth
- SDG 10: Reduced Inequalities
The report focuses on the challenges and opportunities related to creating decent work and reducing inequalities in the Ethiopian garment industry.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed