Climate Change Data

PlasCred

Climate Impact & Sustainability Data (Q3 2024)

Reporting Period: Q3 2024

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

  • Climate Change
  • Circular Economy
  • Waste Management
  • Social Responsibility

Environmental Achievements

  • Successfully commissioned Primus plant in May 2023, achieving up to 80% liquid recovery from plastic waste.
  • Neos plant design underway, aiming for 300 bpd condensate and 60 tonnes/d of plastic waste upcycling.
  • Maximus plant planned with initial capacity of 2,000 bpd condensate and 400 tonnes/d of plastic waste upcycling, scalable to 10,000 bpd and 2,000 tonnes/d.

Social Achievements

  • Partnerships with CN Rail, Palantir, and Fibreco for efficient plastic waste logistics and transportation.
  • Potential for job creation in multiple locations across North America.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Become one of the largest advanced plastic waste upcyclers in North America and worldwide.
Medium-term Goals:
  • Commissioning of Neos and Maximus plants.
  • Expansion to multiple locations across North America.
Short-term Goals:
  • Complete FEED study for Neos plant (early Q4 2024).

Environmental Challenges

  • Securing long-term offtake agreements and plastic feedstock supply.
  • Scaling up operations to meet growing demand.
Mitigation Strategies
  • Ongoing negotiations for long-term offtake agreements.
  • Modular design of Neos and Maximus plants for scalable growth.
  • Partnerships with logistics companies to ensure efficient feedstock supply.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Partnerships with CN Rail, Palantir, and Fibreco for efficient logistics and transportation.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Production of renewable green condensate and carbon credits.

Reporting Standards

Frameworks Used: Verra's Plastic Waste Reduction Program, ISCC+

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)

PlasCred's technology contributes to these goals by reducing plastic waste, producing renewable energy, and mitigating climate change.

Sustainable Products & Innovation

  • Renewable green condensate
  • Carbon char
  • Aromatics

Awards & Recognition

  • Not disclosed