Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Impact
• Responsible Consumption and Production
• Clean Energy
• Resiliency

Environmental Achievements

• GHG emissions of 0.029 kg CO2e per kWh cycled during the battery's life (61% lower than Li-ion, 85% lower than PbA)
• Water footprint 78% lower than average Li-ion batteries and 75% lower than PbA batteries
• Uses abundant, inexpensive, recyclable, and abuse-tolerant materials (zinc and bromine)

Social Achievements

• Mitigates the need for conflict materials (avoids cobalt and lead)
• High safety factor due to fire retardant ZnBr2 chemistry

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: UN SDGs

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7
• SDG 9
• SDG 12
• SDG 13

Gelion's battery technology contributes to these goals through its environmental benefits and support for renewable energy integration.

Sustainable Products & Innovation

• Non-flow zinc-bromide (ZnBr2) battery

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate action
• Clean Water and Sanitation
• Affordable and Clean Energy
• Industry, Innovation and Infrastructure
• Sustainable Cities and Communities
• Responsible Consumption and Production

Environmental Achievements

• Has the fastest carbon payback time of comparative technologies and uses substantially less water for materials production
• Manufacturing strategy of partnering with existing lead-acid manufacturers to repurpose their manufacturing lines to produce our batteries which significantly reduces the construction footprint of the battery
• Reducing the carbon footprint of our products through evaluating our supply chains, analysis of production lines to minimise and prevent waste, and the strategic design of our battery technology to maximise end-of-life recyclability

Social Achievements

• Encouraging diversity in the workplace in terms of gender equality and support for minorities
• Striving to maintain an inclusive, fair and safe workplace for all employees, promoting a culture of mutual respect and equality
• Supporting employees to undertake additional training and professional development
• Providing equal opportunities and removing barriers for all employees during recruitment, training and career development
• Promoting positive mental health by encouraging employees to take ownership of their mental health and wellbeing, including through access to our Employee Assistance Programmes

Governance Achievements

• Adopted the Quoted Companies Alliance Corporate Governance Code (QCA Code)
• Established an ESG Committee

Climate Goals & Targets

Environmental Challenges

• COVID-19 impacting businesses globally, resulting in delayed deliveries and increased lead time in securing materials and equipment, increased labour, material, and logistical costs such as freight
• Transferring technology to large-scale production across different continents proved less efficient than expected
• The lithium-silicon market is now highly competitive with multiple companies competing to develop silicon-based anodes
• Inflationary pressures across the supply chain due to the war in Ukraine
• Supply chain issues resulting from COVID-19, leading to increased costs and delayed shipping

Mitigation Strategies

• Clarity of vision to deliver a marketable product
• Resources are better allocated to continue to first utilize the availability of the manufacturing plant in Australia. The proximity of the manufacturing plant to our development team, to progress both performance optimization and cost reduction, in the most efficient way is more valuable than reaching for immediate scale
• Gelion has concluded that it can effectively purchase nanoparticulate silicon at an attractive price rather than develop this technology itself
• Gelion is focused on contractual relationships with key suppliers to secure mid- to long-term material needs
• Securing longer-term commitments from suppliers to reduce risk

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

UN Sustainable Development Goals

• Goal 6
• Goal 7
• Goal 9
• Goal 11
• Goal 12
• Goal 13

Our battery technology supports this global energy transition by offering a readily scalable solution to the current renewable energy storage dilemma.

Sustainable Products & Innovation

• Zinc-bromide battery

Awards & Recognition

• London Stock Exchange’s Green Economy Mark

Environmental Metrics

ESG Focus Areas

• Environmental consciousness
• Sustainability
• Recyclability
• Governance
• Diversity & Inclusion
• Employee well-being

Environmental Achievements

• Transitioned from halogen to LED lighting, optimising energy efficiency at Camperdown workshop.
• Installed attic ventilators to reduce reliance on air conditioning, conserving energy at Camperdown workshop.
• Reduced carbon footprint by reducing reliance on emission-emitting vehicles through flexible working arrangements.
• Lithium-sulfur technology achieves a reduction in carbon lifecycle compared to current lithium-ion technology.

Social Achievements

• Introduced flexible working arrangements, with over 71% of employees adopting the model.
• Welcomed 11.5 FTEs to the business.
• Implemented robust policies and procedures that embrace diversity, inclusion, and equality.
• Provides access to employee assistance programs and respectful workplace training workshops.

Governance Achievements

• Adopted the Quoted Companies Alliance Corporate Governance Code (QCA Code).

Climate Goals & Targets

Environmental Challenges

• Competition from competitors developing more advanced and less expensive alternative technology platforms.
• Commercialisation of both battery technologies is at an early stage and may fall short of performance obligations.
• Reliance on third parties to supply raw materials and components for manufacture.
• Risk that planned cost reduction for manufacturing may not be achieved.
• Does not yet generate positive cash flows and expects to incur further operating losses.
• Risk that intellectual property rights may not be adequately secured or defended.
• May face increasing competition from competitors.
• Development and prospects are dependent upon training and retaining qualified staff.
• Inflationary pressures across the supply chain due to the war in Ukraine.
• Risks associated with COVID-19 and potential economic recession.
• Foreign exchange risk due to multi-jurisdictional operations.

Mitigation Strategies

• Continual assessment of competitive technologies and competitors through match-to-market studies.
• Strict validation of development and quality control procedures during manufacturing.
• Improved supply chain management through recruits and enhanced procurement processes.
• Continuous evaluation of cost reduction opportunities, investment in people, and strategic partnerships.
• Well capitalised with recent capital raising round, application for R&D tax incentives, and other grants.
• Use of patent, trade secret, trademark, and copyright laws, and legal advice.
• Continual analysis of the competitive landscape and targeted technology improvements.
• Offering competitive salary packages, long-term share option schemes, and a good working environment.
• Focus on contractual relationships with key suppliers and monitoring indirect risks.
• Focus on commercialisation progression and monitoring the global economic landscape.
• Agreement with a financial institution for forward exchange rate contracts and maintaining cash deposits in other currencies.

Supply Chain Management

Responsible Procurement

• Engaging with suppliers, contractors, and manufacturing partners to implement policies and protocols that align with our environmental goals where practical.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

Certifications: ISO 14001

UN Sustainable Development Goals

• Not disclosed

Aligned with six of the United Nations Sustainable Development Goals.

Sustainable Products & Innovation

• Lithium-sulfur and zinc-based hybrid cell technologies