Nur Ink Innovations Ltd.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
Environmental Achievements
- Developing eco-friendly water-based pigment inks for digital printing.
Climate Goals & Targets
Medium-term Goals:
- Register 2-3 additional patents.
- Potentially establish a new ink production facility.
Short-term Goals:
- Complete R&D for several ink products and obtain final approvals for two patents.
- Sign 2-3 multi-year ink supply agreements.
- Conduct pilot tests for various ink types.
Environmental Challenges
- Global macroeconomic trends (interest rate hikes, inflation, exchange rate fluctuations), increased demand for digital textile printing, regulation and legislation, competing products, sustainability concerns in the textile industry, currency fluctuations, maintaining Israeli identity as a marketing advantage.
- Supply chain disruptions due to global economic slowdown and geopolitical factors.
Mitigation Strategies
- Monitoring macroeconomic developments and exploring options to mitigate potential impacts.
- Developing alternative sourcing strategies for raw materials.
- Focusing on eco-friendly products to meet growing demand for sustainable solutions.
- Seeking certifications (Oeko-Tex, GOTS) to meet international standards.
Supply Chain Management
Responsible Procurement
- Sourcing raw materials from 15 suppliers (local and international).
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- NurTex
- NurAD
- Nur SoftJet
- Nur White
- Nur Metal
- Nur 2.5d