Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Climate Goals & Targets

Environmental Challenges

• Lack of ESG maturity in many companies (74% of surveyed companies do not believe they have a very mature ESG program or policies).
• Insufficient focus on social issues within ESG programs.
• Lack of preparedness for upcoming ESG regulations (80% of European investors and corporates do not feel fully prepared).
• Inadequate attention to responsible supply chains (77% of companies do not include them in their ESG programs).
• Insufficient integration of geopolitical risks into sustainability agendas.
• Challenges in integrating ESG into supply chains (difficulty in determining which tier to focus on, lack of visibility, and exposure to risky geographies).

Mitigation Strategies

• Increased budget allocation for ESG, particularly the social pillar.
• Use of technology for supply chain monitoring.
• Horizon scanning for upcoming legislation and regulations.
• Double materiality assessments to identify and prioritize material ESG issues.
• Cross-functional integration of ESG programs.
• Seeking external specialist advice for dedicated areas like human rights.

Supply Chain Management

Responsible Procurement

• Domestic modern slavery laws
• German Supply Chain Act (LkSG)
• UK and Australian Modern Slavery Acts
• California Transparency in Supply Chains Act
• Uyghur Forced Labour Prevention Act
• French Duty of Care Law

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

UN Sustainable Development Goals

• SDG 9
• SDG 16

Cyber security reinforces SDG 9 (resilient infrastructure) and SDG 16 (effective, accountable and transparent institutions).