Sheffield Green Ltd.
Climate Impact & Sustainability Data (2020-06 to 2023-03)
Reporting Period: 2020-06 to 2023-03
Environmental Metrics
Climate Goals & Targets
Medium-term Goals:
- Establish training schools and centers in Taiwan within one year of listing.
Short-term Goals:
- Incorporate a wholly-owned subsidiary in the US by the end of the year.
Environmental Challenges
- SGSAS Portage Companies Issues: SGSAS may not be fully compliant with French labour laws regarding the use of Portage Companies.
- Potential liabilities arising from personal injuries, property damage and/or fatal accidents.
- Substantial liability claims resulting from work performed by contracted personnel.
- Inadequate insurance coverage for potential losses.
- Adverse weather conditions affecting offshore projects.
- Political, social, and economic instability in operating countries.
- Changes in taxation laws in operating countries.
- Currency fluctuations.
- Terrorist attacks, international warfare, and natural disasters.
- Outbreaks of communicable diseases.
- Negative publicity affecting reputation and goodwill.
- Uncertainties associated with business expansion and growth.
Mitigation Strategies
- SGSAS SPA: Transfer of SGSAS to SEPL with indemnities.
- SGSAS Call Option and ROFR Deed: Maintaining access to French market opportunities.
- Insurance policies to mitigate risks of accidents and liabilities.
- Careful selection process for personnel.
- Monitoring foreign exchange exposure and potential hedging.
- Maintaining adequate cash and cash equivalents for working capital.
- Exploring keyman insurance.
- Addressing SGSAS Portage Companies Issues by applying to be a Portage Company or temporary work agency.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions