Climate Change Data

Sustainable Projects Group Inc.

Climate Impact & Sustainability Data (2017, 2018-11-16, 2022-09-30)

Reporting Period: 2017

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Internal controls over financial reports were not effective.
Mitigation Strategies
  • Internal control weaknesses were discussed by its Board of Directors with MNP, and MNP has been authorized to respond fully to the inquiries of SPGX’s successor accountants with respect to such weaknesses.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2018-11-16

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-09-30

Environmental Metrics

ESG Focus Areas

  • Sustainability

Climate Goals & Targets

Environmental Challenges

  • Limited operations and sustained operating losses resulting in a deficit.
  • Covid-19 significantly impacted development of legacy projects, sourcing of new participations and partnerships, access to funding, sourcing of materials and machinery, and staffing.
  • Price erosion in the massage chair segment and sales of massage systems not meeting expectations for Hero Wellness Systems Inc.
Mitigation Strategies
  • Stringent cost cutting and operations optimization plan.
  • Decision to exit the JV for Hero Wellness Systems Inc.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Soy-yer Dough (gluten-free modeling clay)