Sealand Capital Galaxy Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
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
- Greenhouse gas emissions
- Workforce Diversity
Social Achievements
- At 31 December 2022, there was one woman (2021: 1) employed across the Group making 14% (2021: 13%) of our Group-wide employee base.
Governance Achievements
- Although the Company has not adopted the Corporate Governance Code, it intends to adopt such procedures as are appropriate for the size and nature of the Company and the size and composition of the Board.
Climate Goals & Targets
Environmental Challenges
- The Group’s revenue from the digital marketing and payment solution segment for the Year decreased from £148,530 to £887. The decrease is mainly due to the closure of one of the major customers of a flagship subsidiary of the Group.
- As at 31 December 2022, the Group has cash and cash equivalent balances and net liabilities and net current liabilities of £35,567, £892,843 and £922,437, respectively. The director’s cash-flow projections for the forthcoming 12 months conclude there will be the need for additional cash resources to fully implement the business plans. The directors are in discussions with a number of individuals that may lead to further equity and/or loans being raised. There is no certainty that any such funds will be forthcoming or the price and other terms being acceptable and as such there is a material uncertainty over going concern.
Mitigation Strategies
- The directors are in discussions with a number of individuals that may lead to further equity and/or loans being raised.
Supply Chain Management
Supplier Audits: Not disclosed
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: PKF Littlejohn LLP