Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental

Environmental Achievements

• Reduced diesel particulate matter by 76% on Skanska cranes used in a New York City water filtration project.

Climate Goals & Targets

Environmental Challenges

• Construction cranes do not regularly produce sufficiently high exhaust gas temperature to sustain the use of a passive diesel particulate filter (DPF).

Mitigation Strategies

• Successfully deployed Clean Diesel Purifier CWMF System, which does not require crane shutdown for regeneration.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Purifier(TM) family of particulate filter systems; Wire Mesh Filter particulate filter technologies; ARIS(R) Selective Catalytic Reduction (SCR)

Environmental Metrics

ESG Focus Areas

• Environmental
• Cost Savings

Environmental Achievements

• Reduced fuel consumption by 12% through the implementation of Clean Diesel Technologies' Platinum Plus fuel-borne catalyst in a 20-truck fleet.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High fuel costs
• Demonstrating environmental responsibility within the industry

Mitigation Strategies

• Implemented Clean Diesel Technologies' Platinum Plus fuel-borne catalyst to improve fuel efficiency and reduce emissions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability

Environmental Achievements

• Awarded the Environmental Sustainability Award by California State Senator Fran Pavley for contributions toward building a clean energy economy and reducing vehicle emissions through innovative systems and products.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used:

Certifications:

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Environmental Sustainability Award

Environmental Metrics

ESG Focus Areas

• Emissions reduction
• Energy efficiency
• Sustainability

Environmental Achievements

• Utilizes proprietary patented Mixed Phase Catalyst (MPC®) technology, as well as its ARIS® selective catalytic reduction, Platinum Plus® fuel-borne catalyst, and other related technologies to provide high-value sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road combustion engine systems

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Mixed Phase Catalyst (MPC®) technology
• ARIS® selective catalytic reduction
• Platinum Plus® fuel-borne catalyst

Environmental Metrics

ESG Focus Areas

• Environmental

Environmental Achievements

• Reduced PGM usage in Diesel Oxidation Catalysts (DOCs) by over 80% compared to competitors.

Climate Goals & Targets

Environmental Challenges

• Meeting expectations and projections regarding shipment timing and transition to supplying proprietary SPGM DOC powder to Panasonic.
• Decreasing costs.
• Increasing sales.
• Obtaining adequate funding.
• Retaining or securing customers.
• Increasing its customer base.
• Protecting its intellectual property.
• Successfully evolving into an advanced materials supplier and increasing profitability.
• Successfully marketing new products.
• Obtaining product verifications or approvals.
• Attracting or retaining key personnel.
• Realizing benefits from investments.
• Funding for and enforcement and tightening of emissions controls, standards and regulations.
• Prices of PGM and rare earth metals.
• Royalty and other restrictions on sales in certain Asian countries.
• Supply disruptions or failures.
• Regulatory, marketing and competitive factors.
• Environmental harm or damages.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• SPGM DOC technology

Environmental Metrics

ESG Focus Areas

• Emissions control
• Sustainable solutions
• Energy efficiency
• Carbon intensity reduction

Environmental Achievements

• Launched Powder-to-Coat (P2C™) technology, exploiting high-performance, advanced low-platinum group metal (PGM) emission reduction catalysts.
• Developed Mixed Phase Catalyst (MPC®), Base Metal Activated Rhodium Support (BMARS™), Synergized PGM (SPGM™), Zero PGM (ZPGM™) and Spinel™ technologies to reduce hazardous emissions.

Social Achievements

• Formed strategic alliance with Sino-Precious Metals Holding Co., Ltd. (SPMH) in China.
• Entered commercial agreements with three domestic catalyst manufacturers in China.
• Launched a new line of private label heavy-duty diesel emissions control aftermarket products with DENSO in North America.
• Signed private label supply agreements with two new manufacturing and distribution partners in North America.

Governance Achievements

• Completed a comprehensive financial and operational reorganization.
• Secured core commercial partnerships.

Climate Goals & Targets

Environmental Challenges

• Decrease in gross margin due to inventory write-offs following a change in manufacturing strategy.
• High operating expenses including goodwill impairment, exit of Canadian location, and stock compensation expense.

Mitigation Strategies

• Change of manufacturing strategy to an outsource model.
• Anticipation of quarterly operating expenses between $3.0 million and $3.5 million in 2017.
• Capital raise of approximately $10.3 million through a private placement of common stock.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Powder-to-Coat (P2C™) technology
• Mixed Phase Catalyst (MPC®)
• Base Metal Activated Rhodium Support (BMARS™)
• Synergized PGM (SPGM™)
• Zero PGM (ZPGM™)
• Spinel™

Environmental Metrics

ESG Focus Areas

• Clean energy transition
• Carbon capture
• Methane abatement
• Hydrogen production
• Fuel efficiency

Environmental Achievements

• Signed procurement agreement with a global energy organization to provide catalyst engineering and coating services for clean energy initiatives
• Completed initial engineering order of components for a large-scale CDR unit for a global energy company
• Initiated development work with a leading substrate manufacturer to create catalyst products to address growing global demand for direct air capture (DAC) systems
• Expanded activity in the methane abatement market including supply of prototype catalysts to a major oil and gas customer and completion of a feasibility study for MAMII (Methane Abatement in Maritime Initiative) targeting methane oxidation catalysts for the marine market

Climate Goals & Targets

Environmental Challenges

• Lower than prior year revenue from fuel borne catalyst (FBC) products in North America, attributed to short-term volatility with a new product line

Mitigation Strategies

• Continued focus on long-term growth prospects for FBC products and expansion into new markets (carbon dioxide removal (CDR) and methane abatement)

Supply Chain Management

Climate-Related Risks & Opportunities