Active Energy Group Plc

Climate Impact & Sustainability Data (2021)

Received certification confirming compliance with the Forest Stewardship Council® (“FSC”) standards for its CoalSwitch® fuel.
CoalSwitch®, when blended with coal, can be milled in an unmodified bowl mill and burnt in existing coal-fired burners without significant additional capital expenditure and with lower energy consumption.
CoalSwitch® consumed in the furnace produced 77% less ash than coal; CoalSwitch® burnt in the furnace reduced NOx emissions by 20% versus existing coal consumption; and CoalSwitch® reduced sulphur dioxide emissions by 60% vs coal.

The Group hires local representatives on a non- discriminatory basis.
As the construction of the Ashland Facility progresses, the process of hiring operational staff will be cognisant of gender and diversity.
The Board recognises that its principal activities have the potential to impact the environment and is committed to working with states and other bodies in each of the territories in which it operates to establish and follow international principles of environmental sustainability and renewability.

The Board takes regular account of the significance of social, environmental, and ethical matters affecting the Group wherever it operates.
It is developing a specific set of policies on corporate social responsibility, which seek to protect the interests of all its stakeholders through ethical and transparent actions and include an anti-corruption policy and code of conduct.
The Board remains committed to improving the governance of the Company and encourages stakeholders who identify opportunities for improvement to notify the Board.

Medium-term Goals:

Locating and developing additional production sites in the USA and Canada to meet future customer offtake commitments.

Short-term Goals:

Establish a base in Maine which can represent the forefront of all AEG’s forthcoming activities.
Begin commercial production of CoalSwitch® at the earliest opportunity.

Permit issues which suspended construction activities in Lumberton.
Suspension of production in Ashland following a component failure.
Legal challenges from the Southern Environmental Law Center (“SELC”) regarding alleged operational permit breaches from an existing wastewater treatment plant located within the Lumberton facility.
Adverse weather conditions which disrupted log supplies to the Lumberton Site, ongoing supply chain and logistics disruption globally for product distribution and continuing operational limitations occurring in North Carolina and the USA as a result of Covid-19.
Insufficient cash resources to finance key projects and expansions.

Relocated production from Lumberton to Ashland.
Completed construction of the Ashland Facility and commenced production of CoalSwitch®.
Vigorously defending its position against SELC's claims.
Ceased the Company’s lumber and saw log activities in Lumberton.
Successfully completed financial restructuring and raised additional equity funding.
Sale of the Lumberton site.

Ensuring all feedstock meets all appropriate environmental standards before use in CoalSwitch® manufacture
Obtaining additional sustainable forestry certifications

Climate Change Data