1、Impact Report 2023Measuring contributions to the transition to a more sustainable economyFOR PROFESSIONAL INVESTORS ONLY.This document is a marketing Impact Report 2023ContentsIntroduction 1Evaluating the transition to a low carbon economy 4Beyond GHG emissions 12Innovations in impact reporting 18UN
2、 Sustainable Development Goal alignment 31The challenge of reporting nature-related impact 34Appendix 39Important information 561Impact Report 2023|IntroductionOur impact reporting shows the environmental and social benefits contributed by Impaxs portfolio companies.The effects of economic activitie
3、s on the environment and society are highly complex,but increasingly important tounderstand.We believe that measuring and reporting on companies impacts on the environment and society positive and negative is essential to tackling the greatest challenges facing the planet and humankind.Great strides
4、 have been made in the quantity and quality of corporate measurement and disclosure.But it remains patchy and inconsistent,especially beyond greenhouse gas(GHG)emissionsreporting.We are only beginning to understand the impacts of economic activity on nature,for instance.Unlike climate change,where a
5、tmospheric damage is global irrespective of the source of emissions,ecosystems are local or multi-local.They are also highly complex,making the what as well as the how aspects of impact reporting achallenge.Our impact reportingGiven the importance of overcoming these obstacles,we continue to advance
6、 our proprietary impact reporting through the development of new metrics and the refinement of our methodology to ensure it is robust.We know this is paramount to ourclients.In this,our ninth annual Impact Report,we continue to build on our strategy-level reporting of the environmental and social be