Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Partnership with Fritidsbanken to loan out Zoom Uphill® to individuals with disabilities in several Swedish municipalities, resulting in some municipalities purchasing the product for permanent loan programs.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Limited growth due to dependence on capital for increased production and expansion.
• Component shortages impacting production and delivery.
• Competition from companies with greater resources.
• Dependence on distributors for sales and distribution.
• Uncertainty regarding future market development.
• Product liability risks.
• Risk of not obtaining or maintaining necessary permits and approvals in different countries.
• Risk of insufficient commercial protection of intellectual property.
• Negative cash flow and insufficient working capital.
• Currency risks affecting sales prices and operating costs.
• Low liquidity of the company's shares on Spotlight Stock Market.
• Risk that trading in unit rights and BTUs may not develop sufficiently.
• Potential for compensation from selling unit rights to be less than the economic dilution.

Mitigation Strategies

• Current rights issue to finance increased production, strengthen the organization, and enhance sales and marketing efforts.
• Seeking alternative suppliers for components.
• Focus on key markets and strengthening existing distributor relationships.
• Joint Venture in China to reduce production costs and expand into new markets.
• Ongoing efforts to obtain FDA approval in the US.
• Comprehensive insurance coverage.
• Following regulations and obtaining necessary certifications in different countries.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Components sourced from China, wiring from Tebex AB, parts for the chassis from Weland AB, final assembly by Inission AB.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO-classification for electric wheelchair with manual steering, Registered as a medical device according to EU directive MDR 2017/745C, EN12184 certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Zoom Uphill®

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Social Impact
• Accessibility

Social Achievements

• Over 1000 Zoom Uphill® units delivered globally, improving the quality of life for users with mobility impairments.
• Joint Venture in China to significantly increase production capacity without negatively impacting the company's finances.

Climate Goals & Targets

Environmental Challenges

• Limited marketing efforts due to the COVID-19 pandemic.
• Challenging capital market conditions.
• High capital tied up in raw materials and production.
• Need for increased production capacity to meet demand.

Mitigation Strategies

• Establishment of a Joint Venture in China to significantly reduce production costs and increase capacity.
• Increased focus on marketing and sales efforts in key markets.
• Capital raise through a rights issue to fund increased production and marketing.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 3: Good Health and Well-being
• SDG 10: Reduced Inequalities
• SDG 11: Sustainable Cities and Communities

Zoom Uphill® improves mobility and access to outdoor activities for people with disabilities, contributing to better health, reduced inequalities, and more inclusive communities.

Sustainable Products & Innovation

• Zoom Uphill®