Kōan Group
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
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
- Environmental
- Social
- Governance
Environmental Achievements
- 83% of companies are tracking their scope 3 emissions (vast improvement from 2021)
Social Achievements
- Not disclosed
Governance Achievements
- All but one company conforms to at least one major recognized voluntary reporting framework (GRI and TCFD being popular).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Style over substance in reports; Omissions of key elements like assurance; Lack of a trendsetter company setting a high standard across all categories.
- Low average scores in materiality (49%), KPIs (55%), balance (44%), and assurance (44%).
- Many companies overlooked common material issues like human rights, supply chain management, sustainable materials, and employee health and safety.
- Two-thirds of fashion brands have fallen behind their decarbonization schedules, with 40% seeing emissions increase since making commitments.
Mitigation Strategies
- Recommendations for improvement in materiality assessments, KPI development, balanced reporting, assurance, and methodology.
- Suggestions for improving report layout, format, and writing clarity.
- Emphasis on the importance of quality ESG reporting for understanding impact, developing improvement strategies, and increasing accountability to stakeholders.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting supply chains in vulnerable countries
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI, TCFD, ESRS, SASB, UN Sustainable Development Goals (SDGs),
Certifications: Null
Third-party Assurance: Various third-party auditors (specific names not consistently provided)
UN Sustainable Development Goals
- Not disclosed
More than three-quarters of companies reported against the UN Sustainable Development Goals (SDGs).
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed