SaltX Technology Holding AB (publ)
Climate Impact & Sustainability Data (2022, 2023-04-01 to 2023-06-30)
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
- Climate change
- Sustainability
Environmental Achievements
- Completed pilot plant in Bollmora with good results for large-scale thermochemical energy storage.
- SMA Mineral ordered first phase of electric climate-neutral lime factory (pre-study, pre-projecting, and tests valued at SEK 16 million).
- Partnership with Celsa Armeringsstål to explore climate-neutral quicklime production.
- Pre-study with SMA Mineral and SSAB on climate-neutral quicklime production for SSAB's steelmaking.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Become a leading player in the green industrial transition by eliminating millions of tons of carbon dioxide emissions.
Medium-term Goals:
- Start up the first full-scale factory for climate-neutral lime production in 2025.
Short-term Goals:
- Industrialize technology by building a 2 MW demonstration plant in Hofors (completion during the year).
Environmental Challenges
- Low level of capitalized development work impacting operating profit.
- Securing sufficient financing for long-term operations.
Mitigation Strategies
- Investment of SEK 50 million in a new demonstration plant to industrialize electric calcination technology.
- Seeking remission of loan from Swedish Energy Agency (rejected).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and processes for lime and cement production.
Reporting Standards
Frameworks Used: IAS 34
Certifications: Null
Third-party Assurance: Öhrlings PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Electric Arc Calciner (EAC)
Awards & Recognition
- Not disclosed
Reporting Period: 2023-04-01 to 2023-06-30
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
- Climate change
Environmental Achievements
- Launched ZEQL, an electrified factory concept for climate-neutral lime production, aiming to significantly reduce carbon dioxide emissions in the lime and cement industry.
- Entered a cooperation agreement with Dalmia Cement Bharat Ltd. to implement EAC technology, reducing carbon dioxide emissions in cement production.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Become a leading player in the green industrial transition by eliminating millions of tons of carbon dioxide emissions.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Complete the Electric Calciner Research Center (ECRC) and carry out test runs of various materials.
Environmental Challenges
- The company is still in a development phase and needs additional financing for long-term plans.
Mitigation Strategies
- The Board of Directors is actively working with various alternatives and forms of additional financing.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Electric Arc Calciner (EAC)
Awards & Recognition
- Not disclosed