Climate Change Data

AnteoTech Ltd

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Clean energy battery technology
  • Diagnostics for life-saving medical interventions
  • Cyber security protections
  • Diversity and inclusion
  • Safety

Environmental Achievements

  • Products improve battery performance using fewer mined resources
  • Easily applied technologies do not require high heat or solvents for activation
  • Unrefined silicon with lower processing requirement compared to competition
  • Contributor to decarbonisation of battery manufacturing processes

Social Achievements

  • Launched new product AnteoBind NXT, offering improved performance and cost-effective solution for the development of diagnostic tests
  • US$1.8million purchase agreement with Serum Institute of India
  • Corporate volunteering at Fareshare Kitchen
  • International Women’s Day events
  • 40% female directors
  • 50% female executive leadership and more than 50% female employees
  • 17 different nationalities represented

Governance Achievements

  • Adheres to the Corporate Governance Principles and recommendations established by the Australian Securities Exchange (ASX)
  • Adopted a revised Corporate Governance Charter based on the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations
  • ISO 13485 and ISO 9001 accreditation
  • Production in tier-1 jurisdiction with low sovereign risk and a robust regulatory framework

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Build on engagement with EV2 customer, seeking paid development services and target an ongoing supply or licence agreement
Short-term Goals:
  • Successfully complete the prototype evaluation with EV1 customer and become an integral part of their future batteries

Environmental Challenges

  • Supplier arrangements
  • Risk of adverse events, product liability or other safety issues
  • Systems, security and data privacy
  • Key personnel and employees
  • Change to laws or regulations
  • Loss of key relationships
  • Production risk
  • Reputational risk
  • IP Protection
  • IP infringement
  • Competition and obsolescence
  • Contracts, agreements and Counterparty risks
  • Profitability and requirement for additional capital
Mitigation Strategies
  • Developing and expanding internal safety systems and culture
  • Optimising and thoroughly documenting processes to ensure products meet ISO 9001 quality standards
  • Policies and procedures in place to address system security and data risks
  • Strong employee value proposition
  • Monitoring climate-related and other emerging risks
  • Portfolio approach to sales funnel
  • Securing commercial agreements with current partners
  • Investing in obtaining registered rights in its trademarks, patents, copyright, trade secrets and designs

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals

Certifications: ISO 13485, ISO 9001

UN Sustainable Development Goals

  • Goal 3
  • Goal 7
  • Goal 9
  • Goal 12
  • Goal 13
  • Goal 5
  • Goal 10
  • Goal 8
  • Goal 16

Sustainable Products & Innovation

  • Anteo X™
  • Ultranode™
  • AnteoBind™
  • AnteoBind NXT