Climate Change Data

Aether Catalyst Solutions, Inc.

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023-09-30)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Greenhouse gas emissions reduction
  • Air quality improvement

Environmental Achievements

  • Launched a development program targeting the reduction of greenhouse gas emissions from small motors.

Climate Goals & Targets

Medium-term Goals:
  • Commercialize the technology for small motors.
Short-term Goals:
  • Develop and test a small motor catalytic converter prototype.

Environmental Challenges

  • COVID-19 pandemic temporarily shut down facilities at OEM testing partners and university measurement/characterization facilities.
Mitigation Strategies
  • Shifted some resources towards exploring an alternative use for the technology (small motor emissions reduction).

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 13 (Climate Action)

Reducing greenhouse gas emissions from small motors contributes to cleaner energy and climate action.

Sustainable Products & Innovation

  • Small motor catalytic converter

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

  • Added the City of Burnaby to the Company’s Urban Small Motors Emissions Abatement Project (USMAP) and subsequently completed field testing on select equipment during the year.

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

  • The Company has no revenues, so its ability to ensure continued operations is its ability to obtain the necessary funding to complete development of its base metal catalytic material.
  • The Company estimates that it will need additional capital to operate for the upcoming year.
  • There is substantial doubt that we can continue as an ongoing business for the next twelve months unless we obtain additional capital to pay our bills and meet our other financial obligations.
Mitigation Strategies
  • Completed its non-brokered private placement and issued 6,160,050 units at a price of $0.175 per unit for gross aggregate proceeds of $1,078,009.
  • Issued 195,725 shares for total proceeds of $39,252 for warrants exercised and reallocated $24,266 of warrant reserve to share capital.

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

  • Sustained losses from operations and insufficient cash to finance current plans for at least 12 months.
  • Limited access to capital and financing due to the COVID-19 pandemic and the Russia-Ukraine conflict.
Mitigation Strategies
  • The Company expects to seek additional financing through equity financing.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023-09-30

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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • USMEAP project showed 100% NOx reduction in small motors over 193-277 hours of use.

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

  • Need for additional funding to continue operations.
  • High degree of risk inherent in research and development.
  • Potential for information technology system disruptions.
Mitigation Strategies
  • Seeking partnerships with small motor OEMs, large commercial vehicle operators, and automotive component suppliers.
  • Developing a sufficient financing plan.
  • Seeking continued financial support from related parties and lenders.
  • Pursuing public equity financing.

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: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Low-cost, high-performance three-way catalyst

Awards & Recognition

  • Not disclosed