Climate Change Data

Eguana Technologies Inc.

Climate Impact & Sustainability Data (2019, 2021)

Reporting Period: 2019

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

  • Renewable Energy
  • Sustainability in Agriculture

Environmental Achievements

  • Partnership to bring Intelligent Home and Business Energy Storage Systems to Farms across the USA, aiming to reduce energy usage and carbon footprint in the agricultural sector.

Social Achievements

  • Coastal Solar's success in helping Georgia poultry farmers reduce energy costs by 50-100% through solar solutions and government grants, resulting in faster ROI and improved farm sustainability.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Bring over 1MWh of energy storage systems to farmers throughout the USA over the next 12 months.

Environmental Challenges

  • High utility bills for farmers due to high energy consumption for lighting, ventilation, heating, cooling, and feed lines.
  • Dismantling of net-metering programs in many rural communities, reducing the value of exported excess solar PV.
Mitigation Strategies
  • Partnership with Ag Solar Solutions to offer cost-effective energy storage systems (Eguana's Evolve system) that overcome challenges related to net metering and provide backup power, increasing energy independence and reducing reliance on the grid.

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

  • Evolve energy storage system

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

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

  • Sustainability

Environmental Achievements

  • Not disclosed

Social Achievements

  • Increased dealer network to 285 contracted partners
  • Completed national agreement with CED Greentech

Governance Achievements

  • Balance sheet optimization
  • Debt elimination > $8.4M
  • Conversion of all outstanding debentures
  • Change to positive working capital > ($5.0M) Deficit (YE ‘20) to $10.0M (Q3 ‘21)
  • Closed over subscribed $20 million private placement
  • Change of auditor to KPMG LLP
  • Diversified and strengthened Board of Directors

Climate Goals & Targets

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

Environmental Challenges

  • COVID-19 pandemic causing global instability in manufacturing and supply chains
  • Delta variant impacting country-by-country protocols
  • Disrupted port capacity causing increased lead times and logistics costs
  • Global micro-chip shortage constraining supply chains
Mitigation Strategies
  • Strategic inventory positioning (Feb-June)
  • Tiered system to mitigate risk
  • Battery module coverage extended by an additional 50%
  • Eliminated battery module, cast, magnetics, and enclosure risks for the next two quarters

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

  • Eguana Evolve LFP (Cobalt-free battery)

Awards & Recognition

  • Not disclosed