Climate Change Data

PlantX Life Inc. (formerly Vegaste Technologies Corp.)

Climate Impact & Sustainability Data (2020-10-11 to 2021-03-31)

Reporting Period: 2020-10-11 to 2021-03-31

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Become globally recognized as the main plant-based lifestyle brand
  • Significantly increased market share
Medium-term Goals:
  • Expand services globally (Middle East, Australia, Latin America, Europe, UK, Asia)
  • Develop PlantX private label products
Short-term Goals:
  • Open storage facilities across North America (starting August 2021, three operational warehouses in the US by January 2022)
  • Launch US meal delivery program (Q3 2021)
  • Open additional PlantX stores in North America and Israel

Environmental Challenges

  • History of operating losses
  • Competition in the plant-based market
  • Risks associated with operating in a young industry
  • Protecting intellectual property
  • Reliance on key personnel
  • Potential conflicts of interest
Mitigation Strategies
  • Careful cost control
  • Strategic acquisitions
  • Marketing investments
  • Diversification of products and services
  • Supply chain expansion
  • Geographic expansion
  • Dedicated resources

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Developing relationships with product sources to create private label products

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • PlantX water
  • Products developed with Little West

Awards & Recognition

  • Not disclosed