Readcrest Capital AG
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Capital increase of approximately EUR 400,000 in 2023.
Environmental Challenges
- Difficult geopolitical situation due to the Russian war of aggression against Ukraine.
- Changed interest rate environment due to high inflation and increased financing costs.
- Increasing recession concerns and uncertainty among investors leading to decreased M&A activities.
- Difficulties in acquiring strategic participations.
- High reluctance regarding the business prospects of potential target companies.
- Financial challenges and need for capital increase.
Mitigation Strategies
- Planned capital increase.
- Patronage declaration from Palmaille Invest AG for up to EUR 700,000.
- Securing additional loans from shareholders.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Lack of own operational business generating income and liquidity.
- Dependence on capital and liquidity for business operations and investment-oriented business model.
- Risk of insolvency if financial and earnings planning is missed.
Mitigation Strategies
- Planning a capital increase in the second half of 2024.
- Securing financial resources through a capital increase.
- Patronage declaration from Palmaille Invest AG to ensure financial stability.