Herald Investment Trust PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Herald Investment Trust PLC disclosed greenhouse gas emissions of 22.6K tCO2e (Scope 1&2 reported); 108238 tCO2e (Scope 1 2 & 3 estimated). By scope: Scope 3: 85.6K tCO2e (estimated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
22.6K tCO2e (Scope 1&2 reported); 108238 tCO2e (Scope 1 2 & 3 estimated)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).85.6K tCO2e (estimated)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202322.6K tCO2e (Scope 1&2 reported); 108238 tCO2e (Scope 1 2 & 3 estimated)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 60% of high-risk sectors reporting Scope 1&2 emissions by value by 2030
  • 45% emissions reduction plan by value in high-risk sectors by 2030
  • 60% of total portfolio reporting Scope 1&2 emissions by value by 2030
  • 38% emissions reduction plan by value for total portfolio by 2030

📅 Medium-term

  • 90% of high-risk sectors reporting Scope 1&2 emissions by value by 2040
  • 90% emissions reduction plan by value in high-risk sectors by 2040
  • 90% of total portfolio reporting Scope 1&2 emissions by value by 2040
  • 50% emissions reduction plan by value for total portfolio by 2040

🔭 Long-term

  • 100% of high-risk sectors reporting Scope 1&2 emissions by value by 2040
  • 100% emissions reduction plan by value in high-risk sectors by 2040
  • 100% of total portfolio reporting Scope 1&2 emissions by value by 2040
  • 90% emissions reduction plan by value for total portfolio by 2040

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Data limitations in obtaining comprehensive ESG data, particularly for smaller companies in the portfolio.
  • Transitional climate risks for some portfolio companies, especially those in high-emission sectors like semiconductors.
  • Physical climate risks, such as floods, wildfires, and typhoons, impacting some portfolio companies and their supply chains.
  • Uncertainty in government policies regarding climate change and the speed of the transition to a low-carbon economy.

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD