Gratifii Limited
Climate Impact & Sustainability Data (2023-06-30, 2024)
Reporting Period: 2023-06-30
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
- Sustainability
Environmental Achievements
- Achieved Climate Active certification for carbon-neutral business operations
- Launched Carbon Offset e-Gift Cards
Social Achievements
- Not disclosed
Governance Achievements
- On track to become ISO 27001 certified by end of 2023
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce organisational emissions by 30% by 2032
Short-term Goals:
- Not disclosed
Environmental Challenges
- Funding through macroeconomic uncertainty
- Competition
- New entrants and existing competitors replicating the company platform
- Privacy regulations
- Data security
- Gift card security
- Management and staff retention
- Intellectual property protection
- Third-party platform reliance
- Foreign exchange risk
- Risk of software errors
- Regulatory compliance
- Reputation risk
- Environmental and social risks
Mitigation Strategies
- Continuously manages cash position and monitors investments
- Invests in cutting-edge technology and functionality
- Provides expertise and a rewards network beyond the platform
- Complies with best practices for data security
- Applies a depth-in-defense strategy and data encryption
- Uses 3DS authentication and payment gateway rules
- Reviews incentive structures for key personnel
- Invests in intellectual property
- Monitors third-party applications and integrations
- Contracts expenses in local currency where practical
- Robust development and testing cycle
- Compliance frameworks and policies
- Actively monitors market perception
- Climate Active certification and implemented policies
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Climate Active, ISO 27001 (on track)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Carbon Offset e-Gift Cards
Awards & Recognition
- Deloitte Tech Fast 50 – 2022 Finalist
- Australian Growth Company Awards – 2022 Finalist
Reporting Period: 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
- Social Responsibility
Environmental Achievements
- Achieved Climate Active certification for carbon neutral business operations.
- Partnered with Tasman Environmental Markets to offset residual emissions.
Social Achievements
- Launched Carbon Offset e-Gift Cards, enabling businesses to reward members with environmental impact.
- Zero customer churn over the past year.
Governance Achievements
- Successfully achieved ISO27001 certification for information security management.
- Implemented robust policies and procedures to uphold best practices in managing and safeguarding information.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce organisational emissions by 30% in less than ten years.
Short-term Goals:
- Successful completion of integrations and maximizing revenues from acquisitions.
- Finalizing end-stage development of the Mosaic platform.
Environmental Challenges
- Closing of South African operations due to deteriorating trading conditions.
- Funding through macroeconomic uncertainty.
- Competition in a mature marketplace.
- Risk of software errors.
- Privacy regulations.
- Data security.
- Gift card security.
- Management and staff retention.
- Intellectual property protection.
- Third-party platform reliance.
- Foreign exchange risk.
- Regulatory compliance.
- Reputation risk.
- Environmental and social risks.
Mitigation Strategies
- Continually manages cash position and monitors investments.
- Research and development of cutting-edge technology.
- Best practices for data security (HTTPS, TLS, encryption).
- ISO27001 certification.
- 3 Dimension Security (3DS) for gift card transactions.
- Exception-based manual controls for high-risk orders.
- Review of incentive structures for key personnel.
- Investment in intellectual property.
- Health endpoint checks and monitoring of third-party applications.
- Over 90% of cost base in Australian currency.
- Closing of South African operations.
- Robust development and testing cycle for Mosaic.
- Compliance frameworks and policies.
- Active monitoring of market perception.
- Carbon neutral certification and policies to reduce social risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Climate Active
Certifications: ISO27001, Climate Active
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Carbon Offset e-Gift Cards
Awards & Recognition
- Growth Champion in the Business Services category (AFR Fast 100 and Fast Starters List 2023)
- Third place in overall Fast 100 ranking (AFR Fast 100 and Fast Starters List 2023)
- Finalist at the Deloitte 2023 Tech Fast 50 awards (second for listed companies, #14 overall)
- Best Overall Loyalty Program Business to Employee (2024 Asia Pacific Loyalty Awards)