Curzon Energy Plc
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Circular Economy
- Plastics Recycling
Governance Achievements
- The Board is committed to maintaining high standards of corporate governance and, so far as appropriate given the Company’s size and the constitution of the Board, complies with the Corporate Governance Guidelines for Small and Mid-Sized Companies (the “QCA Code ”).
Climate Goals & Targets
Environmental Challenges
- Going concern risk and a potential inability to fund the business through the transition.
- The ongoing disruptions to the world economy may ultimately impact the Company’s future prospects. Capital for future development may be scarce or unavailable and material transactions such as the one currently proposed with Poseidon Enhanced Technologies Ltd could ultimately be more difficult to complete.
Mitigation Strategies
- Utilising the Directors’ experience in fundraising to maintain a balance of funding sources during the period of transition;
- Managing the Company’s existing debt positions, keeping all stakeholders up to date and informed as to progress of the transaction;
- Judicious use of capital and cost control during the transition.