Gelteq Limited
Climate Impact & Sustainability Data (2021-06-30 to 2022-06-30, 2024)
Reporting Period: 2021-06-30 to 2022-06-30
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Appointed independent directors to the board.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to worldwide delays.
- Recurring losses from operations.
- COVID-19 pandemic impacts.
- Russian invasion of Ukraine impacts.
Mitigation Strategies
- Established additional sampling and R&D facility.
- Plans to finalize a dedicated production line with a GMP certified manufacturer.
- Negotiated loan extensions.
- Raised additional capital through convertible notes.
- Monitoring the effects of the pandemic and the war on operations and supply chains.
- Adjusting expenses to align with revenue.
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: IFRS
Certifications: Null
Third-party Assurance: UHY Haines Norton, Sydney
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- History of operating losses and uncertainty of future profitability.
- Need for substantial additional financing.
- Fluctuation in operating results due to new product demand.
- Fluctuations in raw material prices.
- Customer order delays.
- Substantial doubt about ability to continue as a going concern.
- Negative impacts from the COVID-19 pandemic.
- Risks related to the ongoing Russian invasion of Ukraine.
- Market dependence on gel product acceptance.
- Risk of losing key personnel.
Mitigation Strategies
- More rigorous customer qualification procedures.
- Strategies to mitigate supply chain delays (additional R&D facility, dedicated production line).
- Non-refundable order and deposit policy.
- Long notice periods and share compensation for key personnel.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: M&K CPAS, PLLC (2024); UHY Haines Norton, Sydney (2023)