NRGene Technologies Ltd
Climate Impact & Sustainability Data (2020-2021, 2020-2022, H1-2022)
Reporting Period: 2020-2021
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-2022
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
- Sustainable Agriculture
- Climate Change Adaptation
- Economic Development
Environmental Achievements
- Reduced carbon footprint associated with plant breeding through computational predictions, eliminating trial-and-error field testing.
Social Achievements
- Created 11 full-time jobs in Saskatoon by January 2022.
- Partnered with Protein Industries Canada to develop new pea and hemp varieties for plant-based foods.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Global pandemic initially hindered in-person networking in the agricultural research community.
- Climate change and the need for more resilient crops.
- Canada's net-zero emissions goal presents challenges for farmers regarding water and fertilizer use.
Mitigation Strategies
- Adapted to virtual communication during the pandemic.
- Developing AI-based solutions to create 'smart' crops adapted to changing environments (drought, frost).
- Collaborating with seed companies to develop climate-resilient crop varieties.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Frost
- Drought
Transition Risks
- Regulatory changes related to net-zero emissions
Opportunities
- Development of climate-resilient crops
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 2 (Zero Hunger)
- SDG 13 (Climate Action)
Developing climate-resilient crops contributes to food security (SDG 2) and mitigating climate change (SDG 13).
Sustainable Products & Innovation
- Climate-resilient crop varieties
Awards & Recognition
- Not disclosed
Reporting Period: H1-2022
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
- Sustainable agriculture
- Food security
- Environmental footprint reduction
Environmental Achievements
- Reduction of environmental footprint (transportation and fuel costs) in vertical farming
- Significant reductions in water consumption in vertical farming
Social Achievements
- Contributing to food security by developing high-yielding and disease-resistant crops
- Strategic collaboration with Granot Group to develop seedlings for dairy cattle feed, improving cow health and diet
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Generate USD 110 million in annual revenues from a 1% market share of seedlings for dairy cattle feed
Short-term Goals:
- Complete development of first elite varieties for vertical farming by 2024
Environmental Challenges
- Global food crises due to factors like war, increased input prices, and supply chain disruptions
- Competition in the AgTech sector
Mitigation Strategies
- Developing genomic solutions to address food shortages and improve crop yields
- Focusing on long-term projects (DNA tests and IP development) for recurring revenue
- Strategic collaborations to expand market reach and secure funding (e.g., Granot Group)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of climate-resilient crops for vertical farming
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 2 (Zero Hunger)
- SDG 13 (Climate Action)
Developing sustainable agricultural practices and climate-resilient crops contributes to food security and reduces the environmental impact of agriculture.
Sustainable Products & Innovation
- Elite varieties of seedlings for vertical farming
- Insects adapted to agricultural residues
Awards & Recognition
- Not disclosed