Climate Change Data

Foresight Autonomous Holdings Ltd.

Climate Impact & Sustainability Data (2018, 2021, 2022, 2024)

Reporting Period: 2018

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Significant losses since inception and anticipation of continued losses until successful product commercialization.
  • Dependence on raising substantial additional capital for commercialization.
  • Potential product defects leading to returns, liability claims, and reputational damage.
  • Dependence on key personnel and challenges in attracting and retaining skilled employees.
  • Dependence on the success of current products under development.
  • Competitive market with established players possessing greater resources.
  • Risks associated with supplier relationships and manufacturing disruptions.
  • Risks associated with international operations.
  • Risks related to information technology systems and data security.
  • Compliance with automotive regulations.
  • Protection and enforcement of intellectual property rights.
  • Potential for share price decline due to sales by existing shareholders.
  • Exemptions under the JOBS Act potentially undermining investor confidence.
  • Following home country corporate governance practices instead of SEC and Nasdaq requirements.
  • Potential PFIC status for U.S. federal income tax purposes.
  • Exposure to securities litigation.
  • Dependence on analyst coverage.
  • Fluctuations in currency exchange rates.
  • Israeli law provisions potentially impeding mergers or acquisitions.
  • Difficulty enforcing judgments against the company in Israel or the U.S.
  • Impact of political, economic, and military instability in Israel.
  • Disruption of operations due to military service obligations of personnel.
Mitigation Strategies
  • Seeking additional capital through equity offerings, debt financings, and collaborations.
  • Developing alternative sourcing strategies (implied in risk factors).
  • Maintaining product liability insurance (planned).
  • Efforts to attract and retain qualified personnel (ongoing).
  • Investing in research and development (ongoing).
  • Building a global commercial infrastructure (planned).
  • Investing in measures to reduce cyber-attack risks (ongoing).
  • Investing time and efforts to study global quality and regulations requirements (ongoing).
  • Seeking patent and trademark protection (ongoing).
  • Hedging foreign currency exchange risk (planned).

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • QuadSight system
  • Eye-Net solution

Awards & Recognition

  • New Mobility World (NMW) Lab Startup Challenge Award
  • 2019 CES Innovation Awards Honoree
  • Edison Awards finalist

Reporting Period: 2021

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Limited operating history and significant losses since inception.
  • No significant revenue generation from product sales.
  • Need for substantial additional capital to commercialize products.
  • Potential product defects leading to returns, liability claims, and reputational damage.
  • Dependence on key personnel and difficulty in attracting and retaining qualified employees.
  • Inability to enforce non-compete agreements.
  • Dependence on successful commercialization of products in development.
  • Business disruption risks from the COVID-19 pandemic.
  • Risks related to information technology systems and data security.
  • Compliance with automotive regulations.
  • Cost sensitivity of products and aggressive target costs from customers.
  • Vulnerability to computer system failures, cyberattacks, and cybersecurity deficiencies.
  • Uncertainties in the Chinese legal system.
  • Inability to obtain and maintain effective intellectual property rights.
  • Potential infringement of third-party intellectual property rights.
  • Uncertainties and costs surrounding patent prosecution and enforcement.
  • Difficulty in protecting intellectual property rights worldwide.
  • Significant concentration of share ownership.
  • Limitations on ADS holders' rights.
  • Exemptions from investor protection laws under the JOBS Act.
  • Potential delisting from Nasdaq.
  • Fluctuations in currency exchange rates.
  • Provisions of Israeli law impeding mergers or acquisitions.
  • Political, economic, and military instability in Israel.
  • Obligation of management or key personnel to perform military service.
Mitigation Strategies
  • Investing in product development and commercialization.
  • Seeking additional capital through equity offerings, debt financings, and collaborations.
  • Implementing security measures to reduce IT system risks.
  • Working to comply with automotive regulations.
  • Building a robust supply chain network to reduce costs.
  • Establishing a subsidiary in China.
  • Pursuing patent and trademark protection.
  • Entering into confidentiality agreements.
  • Monitoring and enforcing intellectual property rights.
  • Considering options to regain compliance with Nasdaq's Minimum Bid Requirement.
  • Implementing measures to enable remote work for employees.
  • Actively monitoring the COVID-19 situation and adapting business operations as needed.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • 2019 CES Innovation Awards Honoree
  • 2019 Edison Awards Gold winner
  • 2020 BIG Innovation Awards winner

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

  • Road safety
  • Sustainable mobility
  • Environmental impact reduction

Environmental Achievements

  • Not disclosed

Social Achievements

  • Collaboration with Software République to enhance road user safety in Bordeaux

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Widespread commercial deployment of Eye-Net’s V2X solution in the Bordeaux metropolitan area with potential expansion in dozens of European cities
Short-term Goals:
  • Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 11 (Sustainable Cities and Communities)
  • SDG 9 (Industry, Innovation and Infrastructure)

The project contributes to safer and more sustainable urban mobility.

Sustainable Products & Innovation

  • Eye-Net's V2X collision avoidance solution

Awards & Recognition

  • Not disclosed