Climate Change Data

Viskase Companies, Inc.

Climate Impact & Sustainability Data (2009)

Reporting Period: 2009

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Competition from better-capitalized companies forcing price competition.
  • Dependence on a limited number of raw material suppliers.
  • Failure to adapt to industry changes in casings technology.
  • Potential negative impact from food safety concerns.
  • Changing dietary trends and consumer preferences.
  • Capital-intensive nature of the business and potential difficulty in obtaining financing.
  • Business interruptions at production facilities.
  • Significant minimum contribution requirements for the U.S. defined benefit plan.
  • Political and economic risks in foreign countries and currency fluctuations.
  • Customer consolidation and increasing competition.
  • Potential challenges in integrating acquired businesses.
  • Inadequate or violated intellectual property rights.
  • Significant costs associated with environmental regulations.
  • Substantial level of indebtedness.
  • Potential misalignment of interests between controlling stockholder and other stakeholders.
Mitigation Strategies
  • Focus on product quality, development, service, and distribution to differentiate products.
  • Seeking alternative raw material suppliers.
  • Investing in technological advances to maintain compliance with safety standards and environmental laws.
  • Streamlining productive capacity.
  • Actions to reduce labor costs (freezing pension plan, variable defined contribution plan, relocating facilities, etc.).
  • Looking for additional suppliers for key materials to obtain lowest prices.
  • Efforts to enhance product offering to benefit customers.
  • Regularly engaging in discussions with other companies regarding strategic transactions.
  • Enforcing intellectual property rights.
  • Incurring significant capital and operating expenditures to comply with environmental laws.
  • Obtaining funds to pay expenses and repay indebtedness primarily from operations and refinancing.
  • Implementing measures to manage risks associated with international operations.

Supply Chain Management

Climate-Related Risks & Opportunities