Climate Change Data

Holista Colltech Limited

Climate Impact & Sustainability Data (2021, 2023, FY22)

Reporting Period: 2021

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Supply chain and other disruptions from COVID-19 impacting the Infection Control division.
Mitigation Strategies
  • Launch of new products (nasal balm) expected to improve Infection Control division performance in 2022.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Challenging trading environment, particularly in Malaysia.
  • Restructuring of the sales team.
  • ASIC legal matter consumed significant management time and financial resources.
  • Unfavorable foreign exchange rates.
  • Increased research and development investments relating to new launches.
  • Higher impairment charges.
  • Abnormally high professional fees associated with the legal case.
Mitigation Strategies
  • Favorable changes in the sales mix and effective cost controls.
  • Restructuring of Holista’s sales and marketing team.
  • Appointment of Mr Lai Kwok Kin as an Independent Director.
  • Submitting a proposal to pay the ASIC penalty in instalments.
  • Focus on corporate recovery and improving financial position.
  • Re-focus on organic growth including the development and launch of new products, rebranding of product lines, move to online marketing and sales and the pursuit of additional business opportunities.
  • Effective liquidity management.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Line of cosmetics containing exosomes and Holista’s patented ovine collagen

Reporting Period: FY22

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

  • Cost Management
  • Sustainability
  • ISO Compliance

Environmental Achievements

  • Collie plant is ISO compliant

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

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

Environmental Challenges

  • High inflation and interest rates
  • Supply chain disruption
  • Slowdown in consumer demand for sanitisers post-pandemic
  • Cost of living pressures impacting consumer spending on premium/health foods
Mitigation Strategies
  • Stringent cost management
  • Renegotiation of supplier payment terms & debt
  • Deferral of non-essential projects
  • Moving costs to Malaysia where practical
  • Refocusing on B2B market for sanitisers
  • Exploring strategic options for Infection Control division

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Renegotiation of supplier payment terms & debt

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: ISO

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • GI LiteTM
  • 80LessTM
  • Australian-made sheep collagen

Awards & Recognition

  • Not disclosed