Flying Spark Ltd.
Climate Impact & Sustainability Data (2021 and H1 2022)
Reporting Period: 2021 and H1 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduction of land use with Vertical farming
- 99% reduction of methane emissions
- 99% reduction of water consumption
Social Achievements
- High employment standards in third world country
- Focus on diversity and inclusion
Governance Achievements
- Public company standards
- Board diversity and structure
- Stakeholder engagements
Climate Goals & Targets
Medium-term Goals:
- Sales initiation of food products for human consumption
Short-term Goals:
- Initial sales to the Aquaculture industry
- Initial sales to the pet food and cosmetics industries
Environmental Challenges
- Obtaining FDA and EFSA regulatory approvals
Mitigation Strategies
- Ongoing discussions with leading cosmetics customers
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Premium protein powder
- Oil for cosmetics and nutraceuticals
- Aquaculture feed