Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Cost savings
• Sustainability

Environmental Achievements

• Superior and completely reliable answer to water and air management needs, supporting ESG reporting and business requirements.
• Proven to lower both capital and operational costs.
• Successful development and commercialisation of a retrofit package that enables MYCELX’s REGEN media technology to be placed into existing installed filter systems, reducing capital outlay.

Social Achievements

• No disruption to ongoing operations during COVID-19 lockdowns.
• Maintained operations at all sites.
• Supported local stakeholders through employment and local content initiatives.

Governance Achievements

• Implemented company-wide cost-saving measures.
• Followed QCA code for corporate governance.
• Regular and interactive dialogue with shareholders.

Climate Goals & Targets

Environmental Challenges

• Combined impact of COVID-19 and issues facing the oil and gas industry.
• Unprecedented slowdown in the global economy.
• Reliance on certain key manufacturers.

Mitigation Strategies

• Ensured staff safety and adapted to new operating realities.
• Developed novel applications of MYCELX patented technologies.
• Expanded the number of manufacturers used.

Supply Chain Management

Responsible Procurement

• Local sourcing and manufacturing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA code

Sustainable Products & Innovation

• REGEN media technology
• PFAS solution

Environmental Metrics

ESG Focus Areas

• Clean water technology
• Clean air technology
• Environmental stewardship
• PFAS remediation

Environmental Achievements

• Successful U.S. PFAS trial demonstrating ability to remove all PFAS compounds to non-detect levels
• Validation and capacity upgrade of a MYCELX PFAS system in an Australian Department of Defence location
• Awarded the London Stock Exchange’s Green Economy Mark

Social Achievements

• Maintained focus on ensuring the welfare of its staff and serving its customers during the global pandemic
• Minimal to no impact of COVID-19 in its day-to-day business functions

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Global pandemic (COVID-19)
• Uncertainty in global energy markets

Mitigation Strategies

• Company-wide cost saving measures
• Travel and work restrictions to manage cost base and ensure employee safety

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

• PFAS remediation system
• REGEN offering for Enhanced Oil Recovery

Awards & Recognition

• London Stock Exchange’s Green Economy Mark

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Enabled customers to meet strictest regulatory standards, reducing their environmental impact.
• MYCELX’s unique technology removes ALL PFAS analytes, providing a complete solution.
• MYCELX offers a cost-efficient solution that requires less energy and generates less waste.

Social Achievements

• Awarded the London Stock Exchange’s Green Economy Mark.
• Focus on safe solutions for everybody at all times.
• Commitment to develop and train employees, keeping them safe and healthy.

Governance Achievements

• High standards of corporate governance, drawing upon best practice.
• Following the QCA Code for small and mid-size quoted companies.
• Annual Board and Committee performance evaluations.

Climate Goals & Targets

Environmental Challenges

• Need for additional funds to carry out strategy.
• Reliance on certain key manufacturers.
• Operating in a competitive market.

Mitigation Strategies

• Adequate cash to meet working capital needs after 2022 fundraise.
• Expanded the number of manufacturers used.
• Growth strategy to increase financial and technical resources, including partnering with complementary technology companies.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

Sustainable Products & Innovation

• REGEN media
• PFAS remediation system

Awards & Recognition

• London Stock Exchange’s Green Economy Mark

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Achieved NSF 61 certification for treating drinking water
• Passed the TCLP test verifying non-leaching of specific targeted contaminants from PFAS filter media
• REGEN systems enable discharge into surface water in compliance with regulations

Social Achievements

• Hired a seasoned PFAS technical expert
• Working with a potential partner to sell residential Point-of-Entry PFAS systems
• Sold Saudi Arabia operations, transitioning to an exclusive distributorship

Governance Achievements

• Followed the QCA Code for corporate governance
• Established an Audit Committee, a Compensation Committee, a Nomination and Governance Committee, and an Executive Committee
• Annual Board and Committee performance evaluations

Climate Goals & Targets

Environmental Challenges

• Reliance on certain key manufacturers
• Competitive market
• Customer diversification
• Oil & Gas Industry cycles
• Geopolitical risk
• Retaining key personnel
• Additional funds required

Mitigation Strategies

• Expanded the number of manufacturers used
• Pursuing a growth strategy to increase financial and technical resources
• Partnering with companies with complementary technologies
• Pursuing a growth strategy to diversify customer base
• Developing intellectual property to commercialise new products
• Adequate cash to meet current working capital needs after sale of Saudi Arabia operations

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

Certifications: NSF 61

Third-party Assurance: Deloitte & Touche LLP

Sustainable Products & Innovation

• REGEN media
• PFAS removal media