Z/Yen Group
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Green Finance
- Environmental, Social, and Governance (ESG)
Climate Goals & Targets
Environmental Challenges
- Lack of skills in green finance
- Gaps in training provision
- Political risk
- Absence of bankable cross-border projects
- Lack of consensus on taxation
- Carbon leakage
Mitigation Strategies
- Improved policy and regulatory frameworks
- Increased public awareness and academic research
- Development of market mechanisms to link emissions trading schemes
- Establishment of standards for carbon offsetting schemes
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Green Finance
Climate Goals & Targets
Environmental Challenges
- Complexity, cost, greenwashing, and low impact on carbon emissions of ESG as a mechanism.
- Slowdown in the transition away from fossil fuels due to the economic shock from the war in Ukraine.
Mitigation Strategies
- Growing interest in carbon pricing and trading alongside improved ESG systems.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Wildfires, heat-waves, and other extreme weather events
Transition Risks
- Invasion of Ukraine, economic shock, slowdown in transition away from fossil fuels
Opportunities
- Increased investment in renewable energy
Reporting Standards
Frameworks Used: TCFD