Regional MSME Investment Fund for Sub-Saharan Africa S.A., SICAV-SIF (REGMIFA)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Regional MSME Investment Fund for Sub-Saharan Africa S.A., SICAV-SIF (REGMIFA) disclosed greenhouse gas emissions of 31.0K tCO2e/year (Scope 1 2 and 3 combined). By scope: Scope 1: 68 tCO2e/year; Scope 2: 302 tCO2e/year; Scope 3: 30.7K tCO2e/year. 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
31.0K tCO2e/year (Scope 1 2 and 3 combined)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).68 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.302 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).30.7K tCO2e/year

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
202331.0K tCO2e/year (Scope 1 2 and 3 combined)

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

✅ Reported Environmental Achievements

🌱 ESG Focus Areas

Environmental and Social (E&S) Risk ManagementClient Protection StandardsGender Equality

⚠️ Challenges & Risks +

  • Turbulent macroeconomic context in Sub-Saharan Africa (SSA) due to the COVID-19 pandemic and the war in Ukraine.
  • High inflation, increased interest rates, and risk aversion leading to funding squeeze and pressure on local currencies.
  • Increased workout cases (8 in 2023 vs 6 in 2022), particularly in Nigeria due to inflation and Naira devaluation.
  • Increased loan loss provision of USD 12.8M resulting in NAV deficiency for C-Shares.

📋 Report Information

Reporting Period: 2023
Frameworks: SFDR (Article 9 Fund), UN Global Compact (UNGC), OECD Guidelines
Assurance: KPMG Luxembourg