EClips Energy Technologies, Inc.
Climate Impact & Sustainability Data (2008)
Reporting Period: 2008
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
- Energy efficiency
- Environmental protection
Environmental Achievements
- 92% reduction in hydrocarbon emissions achieved in laboratory static tests of hydrogen/oxygen additive to gasoline fuel.
Social Achievements
- Not disclosed
Governance Achievements
- Established an audit committee to move towards compliance with the Sarbanes-Oxley Act of 2002.
Climate Goals & Targets
Long-term Goals:
- Develop PATI for a variety of applications where air quality can improve internal environments.
Medium-term Goals:
- Develop a range of tankless water heaters for the domestic, commercial and industrial sectors.
Short-term Goals:
- Complete the development of an on-board electrolyzer for both motor vehicle gasoline and diesel engines.
Environmental Challenges
- Recurring losses and negative cash flows from operations raising substantial doubt about the ability to continue as a going concern.
- Limited internal resources and lack of ability to have multiple levels of transaction review resulting in ineffective disclosure controls and procedures and internal controls over financial reporting.
Mitigation Strategies
- Plans to raise additional capital, borrow funds, or generate more revenues from current and new product sales.
- Use of external consultants and review process to ensure material correctness of financial statements.
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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- E-clips (transient voltage surge suppressors)
- HHO (hydrogen/oxygen gas generation system)
- Tankless Hot Water system
- PATI (pure air technology)
- PWTI (water purification process)
Awards & Recognition
- Not disclosed