Affirmative Investment Management (AIM)
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:61,000 MWh/year
Water Consumption:20,692,000 m³/year
Waste Generated:5,354 tons/year
ESG Focus Areas
- Climate Change
- Sustainable Development Goals
- Human Rights
Environmental Achievements
- Estimated clean energy generated: 61,000 MWh
- Clean energy capacity installed: 23 MW
- Waste treated: 5,354 tons
- Water treated: 20,692,000 m³
- Potential avoided emissions under Net Zero Emissions Scenario: 69.5 tCO2e, leading to 48% GHG emission savings
- Potential avoided emissions under Stated Policies Scenario: 113.3 tCO2e, leading to 60% GHG emission savings
Social Achievements
- 1,860 children immunised
- 1,475 jobs created/retained
- Support services for vulnerable women and victims of gender violence
- Skills training capacity building in Cambodia
Governance Achievements
- 96% of the portfolio covered in this report
- 86% of the portfolio covered in GHG analysis
- Achieved ‘Impact report of the Year (for investors)’ from Environmental Finance in its 2023 Bond Awards
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- By 2030, 85% of financed emissions from corporate bond issuers held in our portfolios will be invested in issuers that are considered Paris-aligned.
Environmental Challenges
- Data limitations in fully running net zero alignment analysis across portfolios
- Data gaps and difficulties in mapping index constituents for WACI benchmarking
- Data availability challenges in accounting for emissions of sub-national issuers
Mitigation Strategies
- Engaging with and encouraging issuers to enhance disclosure
- Refining sovereign WACI methodology to align with PCAF definitions
- Continuing to refine approach to sovereign WACI calculations as data availability for sub-sovereign issuers improves
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD, UN SDGs, EU Taxonomy, PCAF
UN Sustainable Development Goals
- SDG 7
- SDG 9
- SDG 11
- SDG 13
Portfolio supported 15 of the 17 SDGs; largest share of holdings in climate-related green bonds.
Awards & Recognition
- Impact report of the Year (for investors) from Environmental Finance in its 2023 Bond Awards