BoMill AB (publ)
Climate Impact & Sustainability Data (2020, 2021, 2021-07 to 2021-09, 2022-04-08)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
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
- Food Security
- Food Safety
Environmental Achievements
- BoMill’s sorting system is a thoroughly sustainable solution. Single kernel sorting based on inner properties makes it possible to, for example, remove individual toxic kernels. And so, the value of a batch of grain that would otherwise have been largely lost can be upgraded and utilized. BoMill’s equipment can basically turn waste into food.
Social Achievements
- Strengthening the organization and developing the BoMill team During 2021, we have strengthened the team with the recruitment of Per Heander (CFO), Fredrik Nilsson (CTO), and Denis Boissau (Marketing Manager). Furthermore, to better serve the important German market, Manfred Hauner was hired as Area Sales Manager in Germany.
- In August 2021, BoMill raised approximately MSEK 14.3 prior to transaction costs via a directed share issue to a number of key investors.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- completing the ongoing development of our new high-capacity equipment with a capacity of up 15 tons per hour, with the objective to launch the product in 2022
Environmental Challenges
- With a growing global population, there is a huge demand to maximize food quality and yields from existing land and crops. Environmental influences, such as a warmer climate, will continue to cause fluctuations in grain quality and price. In parallel, more restrictive food standards for mycotoxins and new guidelines for securing grain quality are to be expected. This requires grain producers and processors to maximize the value of the harvest.
Mitigation Strategies
- BoMill’s offering brings a unique possibility to optimize processes and use the grains for what they are best suited for.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Environmental influences, such as a warmer climate, will continue to cause fluctuations in grain quality and price
Transition Risks
- more restrictive food standards for mycotoxins and new guidelines for securing grain quality are to be expected
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Swedish Annual Accounts Act, BFNAR 2012:1 (K3)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- IQ and TriQ
Awards & Recognition
- Not disclosed
Reporting Period: 2021-07 to 2021-09
Environmental Metrics
ESG Focus Areas
- Sustainability
- Food Security
- Food Safety
Environmental Achievements
- BoMill’s sorting system is a thoroughly sustainable solution. Single kernel sorting based on inner properties makes it possible to, for example, remove individual toxic kernels. And so, the value of a batch of grain that would otherwise have been largely lost can be upgraded and utilized. BoMill’s equipment can basically turn waste into food.
Social Achievements
- On September 3, 2021, BoMill announced that the company’s long-term incentive program for employees was fully subscribed. The purpose of the incentive program is to strengthen the employees of the company’s interest and incentives for the company’s financial growth.
- On September 10, 2021, BoMill recruited Peter L Nilsson as business advisor.
- On September 16, 2021, BoMill’s management and Board of Directors along with current shareholders increased their ownership in BoMill, acquiring Industrifonden’s holdings in BoMill.
Governance Achievements
- On October 22, 2021, BoMill’s largest shareholder Capagro SAS changed its representative in the Board of Directors.
Climate Goals & Targets
Short-term Goals:
- The new equipment is aimed to be launched during 2022.
Environmental Challenges
- With a growing global population, there is a huge demand to maximize food quality and yields from existing land and crops.
- Environmental influences, such as a warmer climate, will continue to cause fluctuations in grain quality and price.
- In several regions, this year’s climate conditions during growing and harvesting seasons have been problematic, producing variable quality and lower yield. This is leading, today and in the future, to a potential shortage of supply for certain quality grades, which is already reflected on the global price of crops such as barley, durum and wheat.
Mitigation Strategies
- BoMill’s revolutionary grain sorting technology has the potential to make such a difference, helping the global grain and food industry in responding to those challenges through sustainable and efficient production.
- Optimizing batches, the BoMill way means that the grains can be used according to what they are best suited for in order to address Food Security and Food Safety.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- fluctuations in grain quality and price
Reporting Standards
Frameworks Used: BFNAR 2012:1 (K3)
Sustainable Products & Innovation
- high-capacity sorting machine
- new detector system