Climate Change Data

TransAKT Ltd.

Climate Impact & Sustainability Data (2013, 2014)

Reporting Period: 2013

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • History of operating losses.
  • Limited operating history and unproven business model.
  • Competition with greater resources.
  • Volatility of world economic factors.
  • Dependence on key personnel.
  • Government regulation.
  • Need for additional funds.
  • Volatile raw material prices.
  • Limited sales of products.
  • Limited public market for common shares.
Mitigation Strategies
  • Tightly budgeting and controlling all expenses.
  • Expanding operations into China, expanding product lines, and recruiting a strong sales team.
  • Actively seeking additional funding opportunities.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Hydroponic and LED-based agricultural equipment

Reporting Period: 2014

Environmental Metrics

Climate Goals & Targets

Short-term Goals:
  • Generate approximately $300,000 in annual revenues in fiscal 2015.

Environmental Challenges

  • Recurring losses from operations.
  • Limited operating history and proving the viability of current products and business model.
  • Intense competition with better-resourced competitors.
  • Volatility of world economic factors affecting capital raising and product costs.
  • Dependence on key personnel.
  • Government regulation affecting product sales.
  • Need for additional funds for intended projects.
  • Volatile prices for raw materials.
  • Limited public market for common shares.
Mitigation Strategies
  • Tightly budgeting and controlling all expenses.
  • Permanently idling Vegfab’s plant factory (Feb 15, 2015).
  • Aiming to establish a smaller vegetable factory for demonstration purposes.
  • Expanding operations into China, expanding product lines, and recruiting a sales team.
  • Relocating primary business unit to Hong Kong.
  • Cooperating with local partners in Guangdong province for R&D.
  • Actively seeking additional funding opportunities.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Vegfab wall lamps and plant growth chamber circulation devices