ZAMAZ PLC
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainability
Social Achievements
- Regular dialogue is held between key management and the Group team. A framework of performance reviews and formal policies and procedures are in place to protect and motivate the team.
Governance Achievements
- Formal board and committee procedures were implemented as part of the Initial Public Offering in September 2022.
Climate Goals & Targets
Environmental Challenges
- Brexit commercial complications
- Increased logistics costs due to the Ukraine invasion
- Coronavirus impact on item availability
- Amazon raising handling fees disproportionately
- Heavy reliance on Ecomoist for revenue growth
- Primary reliance on Amazon for sales and distribution
- Dependence on IP for brand portfolio
- Dependence on various third parties (warehouses, factories, freight providers, suppliers, search engines, social media)
- Fluctuations in raw materials and fuel prices
- Uncertainty of sufficient funding beyond September 2024
- Potential for brand reputation deterioration
- Potential for unsuccessful new business opportunities
- Exposure to exchange rate risk
- Subject to numerous customs and international trade laws and regulations
- Risk of failure to protect customer data
Mitigation Strategies
- Scaling up Ecomoist through product line extension, international expansion, leveraging Amazon relationships, launching a D2C website, and achieving listings with key retailers
- Expanding to a broader range of marketplaces
- Experienced management team and consultant
- Insurance policies
- Contracts with freight providers and warehouses
- Sourcing additional suppliers
- Passing on some price increases to customers
- Seeking additional funding from capital markets
- Experienced management team and consultant
- Detailed due diligence before committing to new opportunities
- Hedging foreign currency exposures
- Policies and procedures for compliance with laws and regulations
- Strong internet security and processes to minimize data security breaches