International Zeolite Corp.
Climate Impact & Sustainability Data (2022-01 to 2022-12, 2023-07 to 2023-12, 2024-09-30)
Reporting Period: 2022-01 to 2022-12
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Agricultural Innovation
- Water Conservation
Environmental Achievements
- Reduced fertilizer waste and runoff by up to 90%
- Reduced water usage by up to 30% or more in NEREA® trials
- Significant overall reduction in the production of greenhouse gases in NEREA® trials
Social Achievements
- Established several new retail and industrial distribution partners
- Long-term partnership agreement with Niagara College Research and Innovation
- Awarded the Fertilizer Accelerating Solutions & Technology Challenge by BioEnterprise and Ontario Ministry of Food, Agriculture and Rural Affairs
Governance Achievements
- Added operational and strategic leadership expertise as well as consumer packaged goods (“CPG”) sales and marketing experience with several appointments
Climate Goals & Targets
Long-term Goals:
- Become market share leader in the zeolite industry
- Establish top of mind, lead position in zeolite awareness and education
- Develop and operationalize concrete value-added products
- Operationalize the Sun Group zeolite mineral property
- Add international partnerships and expand into new global geographic jurisdictions
Medium-term Goals:
- Expand NEREA® offering into organic and additional agricultural grow verticals
- Develop and operationalize water remediation and composting value-added products
- Increase, as well as rebrand existing home use and consumer offering
- Optimize mine and processing operations
Short-term Goals:
- Commercialize and Operationalize NEREA®
- Optimize existing business operations
- Expand team resources with a focus on sales and marketing
- Launch integrated awareness and education marketing plan
- Execute on a long-term funding strategy
Environmental Challenges
- COVID-19 pandemic hampered marketing efforts
- Increased shipping costs
- Working capital deficiency
Mitigation Strategies
- Committed to investment in product and merchandising support
- Optimizing existing business operations to deliver immediate value creation
- Executing on a long-term funding strategy
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 2: Zero Hunger
- SDG 6: Clean Water and Sanitation
- SDG 13: Climate Action
NEREA® contributes to increased crop yields, reduced water usage, and decreased greenhouse gas emissions.
Sustainable Products & Innovation
- NEREA®
Awards & Recognition
- Fertilizer Accelerating Solutions & Technology Challenge
Reporting Period: 2023-07 to 2023-12
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
- Environmental Sustainability
- Agricultural Innovation
Environmental Achievements
- NEREA® reduces fertilizer waste and runoff by up to 90%, reduces water usage by up to 30% or more, and reduces greenhouse gas emissions.
- NEREA® substrates are environmentally friendly and do not produce wastes that damage the environment.
Social Achievements
- Established several new retail and industrial distribution partners.
- Long-term partnership agreement with Niagara College Research and Innovation.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Become market share leader in the zeolite industry
- Establish top of mind, lead position in zeolite awareness and education
- Develop and operationalize concrete value-added products
- Operationalize the Sun Group zeolite mineral property
- Add international partnerships and expand into new global geographic jurisdictions
Medium-term Goals:
- Expand NEREA® offering
- Develop and operationalize water remediation and composting value-added products
- Increase, as well as rebrand existing home use and consumer offering
- Optimize mine and processing operations
Short-term Goals:
- Commercialize and Operationalize NEREA®
- Optimize existing business operations
- Expand team resources with a focus on sales and marketing
- Launch integrated awareness and education marketing plan
- Execute on a long-term funding strategy
Environmental Challenges
- Reduced sales due to warmer than normal weather.
- Increased professional fees and research costs.
Mitigation Strategies
- Optimizing existing business operations to deliver immediate value creation.
- Executing on a long-term funding strategy to enable and meet growth requirements.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 2 (Zero Hunger)
- Goal 6 (Clean Water and Sanitation)
- Goal 13 (Climate Action)
NEREA® contributes to increased crop yields, reduced water usage, and decreased greenhouse gas emissions.
Sustainable Products & Innovation
- NEREA®
Awards & Recognition
- Fertilizer Accelerating Solutions & Technology Challenge
Reporting Period: 2024-09-30
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
- Environmental Sustainability
- Agricultural Innovation
Environmental Achievements
- NEREA® reduces fertilizer waste and runoff by up to 90%, reduces water usage by up to 30% or more, and significantly reduces the production of greenhouse gases.
- NEREA® substrates are environmentally friendly and do not produce wastes that damage the environment.
Social Achievements
- Established several new retail and industrial distribution partners.
- Long-term partnership agreement with Niagara College Research and Innovation.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Become market share leader in zeolite industry
- Establish lead position in zeolite awareness
- Develop & operationalize concrete value-added products
- Operationalize Sun Group zeolite property
- Add international partnerships & expand globally
Medium-term Goals:
- Expand NEREA® offering
- Develop water remediation & composting products
- Increase & rebrand home use offerings
- Optimize mine & processing operations
Short-term Goals:
- Commercialize and Operationalize NEREA®
- Optimize existing business operations
- Expand team resources (sales & marketing)
- Launch integrated marketing plan
- Execute long-term funding strategy
Environmental Challenges
- Capital intensive industry subject to market fluctuations.
- Dependence on equity financing.
- Compliance with environmental regulations.
- Securing necessary licenses and permits.
- Uncertainty regarding the realization of asset values.
Mitigation Strategies
- Seeking alternative financing options (bridge loans, etc.).
- Focus on commercialization of NEREA® to generate cash flow.
- Compliance with environmental regulations.
- Proactive efforts to obtain necessary licenses and permits.
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 2 (Zero Hunger)
- SDG 6 (Clean Water and Sanitation)
- SDG 13 (Climate Action)
NEREA® contributes to increased crop yields, reduced water usage, and decreased greenhouse gas emissions.
Sustainable Products & Innovation
- NEREA®
Awards & Recognition
- Fertilizer Accelerating Solutions & Technology Challenge