  {"id":59948,"date":"2025-07-11T15:39:48","date_gmt":"2025-07-11T13:39:48","guid":{"rendered":"https:\/\/www.eticasgr.com\/?p=59948"},"modified":"2026-03-23T16:58:02","modified_gmt":"2026-03-23T14:58:02","slug":"carbon-footprint-2025-tcfd-report-etica-transizione-climatica","status":"publish","type":"post","link":"https:\/\/www.eticasgr.com\/en\/storie\/insights\/carbon-footprint-2025-tcfd-report-etica-transizione-climatica","title":{"rendered":"Carbon footprint 2025 (TCFD Report) \u2013 Etica Transizione Climatica"},"content":{"rendered":"\nThis document is a commented summary of the Climate Impact Report <strong>released by the company ISS ESG<\/strong><a href=\"#_ftn2\" name=\"_ftnref1\"><strong><sup>[1]<\/sup><\/strong><\/a><strong> based on its proprietary methodology, concerning the holdings of Etica Sgr\u2019s Fund Etica Transizione Climatica (also referred to as \u201cthe portfolio\u201d).<\/strong> The report includes metrics aligned with the guidelines of the <strong>Task Force on Climate-related Financial Disclosures (TCFD<a href=\"#_ftn2\" name=\"_ftnref2\"><sup>[2]<\/sup><\/a>).<\/strong>\n\nAll asset classes have been analysed according to the TCFD recommendations, grouped as follows: Equity Portfolio and Corporate Bonds Portfolio together and, Sovereign Bonds Portfolio.\n<h2>Updated June 2025<\/h2>\nEtica performed a climate analysis on the portfolio as <strong>of 30 June 2025<\/strong>, comparing it with the MSCI World Universal Net Total Return (i.e. the benchmark) as of 1 July 2025.\n\nThis analysis was conducted to <strong>assess the transition effort<\/strong> of this fund more effectively <strong>on an ongoing basis<\/strong>. Furthermore, this analysis attempts to<strong> implement some of the suggestions that emerged during the analysis of the 2024 portfolio<\/strong>. In particular, <strong>Corporate green bonds were excluded<\/strong> from the analysis because they do not contribute to the issuer&#8217;s emissions. An appropriate section analyzing green bonds was also added. This analysis also includes the same metrics aligned with the Task Force on Climate-related Financial Disclosures (TCFD) guidelines, as described in the above analysis.\n","protected":false},"excerpt":{"rendered":"<p>This document is a commented summary of the Climate Impact Report released by the company ISS ESG[1] based on its proprietary methodology, concerning the holdings of Etica Sgr\u2019s Fund Etica Transizione Climatica (also referred to as \u201cthe portfolio\u201d). The report includes metrics aligned with the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD[2]). [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":60190,"comment_status":"open","ping_status":"closed","sticky":false,"template":"custom-templates\/single-avanzato.php","format":"standard","meta":{"footnotes":""},"categories":[590],"tags":[37529,116],"yst_prominent_words":[1422,5873,616,612,22671,33115,17992,22661,22674,1049,609,5461],"class_list":["post-59948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","tag-carbon-footprint-en","tag-carbon-footprint","temi-environment"],"_links":{"self":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/59948"}],"collection":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/comments?post=59948"}],"version-history":[{"count":53,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/59948\/revisions"}],"predecessor-version":[{"id":63525,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/posts\/59948\/revisions\/63525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media\/60190"}],"wp:attachment":[{"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/media?parent=59948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/categories?post=59948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/tags?post=59948"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.eticasgr.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=59948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}