GKW Limited
Climate Impact & Sustainability Data (2021-2022, 2023)
Reporting Period: 2021-2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Lower mark to market valuation on mutual funds and bonds and sale of mutual fund investments.
- Downturn in global liquidity, high inflation, increase in freight, crude oil prices, Russian and Ukraine war and renewed flare up of COVID variants which resulted in uncertainty in the economic activities.
- New variant of COVID 19 and high inflation may pose a major upheaval in the economy and in all businesses.
Mitigation Strategies
- A cautious approach had been initiated to protect the investments against any further corrections in the stock market.
- The Company’s warehousing business are trying to cope with these phenomena both in the short and medium-term.