Burger Fuel Group Limited
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting sales and operations globally.
- Difficult trading conditions in Christchurch, New Zealand.
- Inconsistent sales distribution favoring suburbs over city centers.
- Challenges in the Middle East market with store closures in Iraq and the UAE.
- Decline in sales at the US store.
- Civil unrest in the USA.
Mitigation Strategies
- Cost reduction measures.
- Application for New Zealand Government's COVID-19 Wage Subsidy Scheme.
- Seeking rent relief from landlords.
- Reviewing options for sale, merger, joint venture, or other strategic partnerships (with KPMG).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NZ IFRS
Third-party Assurance: Baker Tilly Staples Rodway