Climate Change Data

Kanabo Group Plc

Climate Impact & Sustainability Data (2020, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Governance Achievements

  • Adopted an anti-corruption and anti-bribery policy.

Climate Goals & Targets

Environmental Challenges

  • Competition in the cannabis processing industry.
  • Reliance on the experience and talent of its management and advisors.
  • Changes in regulation affecting the target industry.
  • The Covid-19 pandemic.
  • Brexit uncertainty.
Mitigation Strategies
  • Consulting with industry experts, due diligence, market research.
  • Offering incentives to Directors through share offerings.
  • Monitoring legislative and regulatory changes and altering business practices.
  • Implementing appropriate policies to protect staff health.
  • Managing raw materials supply chain disruptions.
  • Monitoring legislative and regulatory changes relating to Brexit and altering business practices.

Supply Chain Management

Supplier Audits: Not disclosed

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Revised travel policy with greater emphasis on public transport and minimizing travel.

Social Achievements

  • Achieved full gender balance in the Group by the reporting period.
  • Adopted an anti-corruption and anti-bribery policy.

Governance Achievements

  • Adopted the QCA Corporate Governance Code post year-end.
  • Appointed MHA MacIntyre Hudson as new auditors.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Significant competition in the cannabis processing industry.
  • Reliance on the experience and talent of its management and advisors.
  • Changes in regulation affecting the cannabis industry.
  • Potential inability to raise future funds.
  • Lack of diversity in the Group's supply chain.
  • Risk of software malfunctions and data breaches.
Mitigation Strategies
  • Growth prospects in the cannabis industry may reduce competition effects; thorough due diligence and market research.
  • Incentives to Directors through share offerings; 6-month notice period for CEO.
  • Monitoring legislative and regulatory changes; implementing compliance procedures.
  • Reasonable expectation of securing additional funding; reviewing potential business combinations; strong financial controls.
  • Actively diversifying the Group's supply chain.
  • Regular backups and emergency testing; alternative service providers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Revised travel policy with greater emphasis on public transport and minimizing overseas travel.

Social Achievements

  • Achieved full gender balance in the Group by the reporting period.
  • Adopted an anti-corruption and anti-bribery policy.

Governance Achievements

  • Adopted the QCA Corporate Governance Code post-year-end.
  • Established a KPI plan for employees determined by company and personal performance.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Expand in-pharmacy clinic franchise to over 10 pharmacies by year-end.
  • Launch and expand distribution across Germany upon CE Mark approval.
Short-term Goals:
  • Pilot a ‘smart’ IT solution to streamline triage for medicinal consultations by end of Q2 2024, aiming for 70% transition of online GP consultations.

Environmental Challenges

  • Significant competition in the cannabis processing industry.
  • Reliance on the experience and talent of its management and advisors.
  • Changes in regulation affecting the cannabis industry.
  • Inability to raise future funds.
  • Lack of diversity in the Group's supply chain.
  • Software malfunctions and data breaches.
Mitigation Strategies
  • Growth prospects in the cannabis industry may help reduce competition effects; thorough due diligence and market research.
  • Incentives to Directors through share offerings; 6-month notice period for CEO.
  • Monitoring legislative and regulatory changes; implementing compliance procedures.
  • Reasonable expectation of securing additional funding; reviewing potential business combinations; strong financial controls.
  • Actively diversifying the Group’s supply chain.
  • Regular backups and emergency testing of IT systems.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed