Transense Technologies plc
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Generate additional commercial and grant support income for SAW to make a positive financial contribution
Environmental Challenges
- Intellectual Property infringement
- Uncertain return on product development
- Competition for skilled staff
- Impact of Brexit
- Dealing with large global companies (long lead times)
- Liquidity issues until consistent profitability
- Foreign currency fluctuation
- Impact of Covid-19
Mitigation Strategies
- Procedures to monitor third-party patent applications and protect key IP
- Regularly planned and reviewed development spend, close work with customers on product trials, Commercial Advisory Panel
- Good training and incentives for existing staff, experienced staff for recruitment
- Monitoring the impact of Brexit, considering relocation to EU
- Monitoring cash flow, reduced overhead, partnering with global companies
- Tight controls on overheads, monitoring cash flow, expectation of break-even in FY2021
- Reviewing potential hedges as royalty income grows
- Ensuring employee safety, working from home where appropriate
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Governance Code
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
- Sustainability
- Innovation
Environmental Achievements
- Improved fuel consumption in aerospace applications through SAW technology (qualitative)
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
- SAW technology for improved fuel efficiency
Awards & Recognition
- Not disclosed