MagneticNorth Acquisition Corp.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- ESG opportunities = better business and valuation
Environmental Achievements
- Previcare's Citric Acid based disinfectant (CAx) is currently one of only a few acceptable under President Biden's Executive Order focused on environmentally friendly products.
- Previcare entered a partnership to manufacture compostable masks in North America.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Previcare is targeting production and delivery capacity in excess of 120 million masks per month within the next twelve to 18 months.
Environmental Challenges
- COVID and supply chain issues created major issues with sourcing materials for the CXTL facility.
- Economics and funding for CXTL are currently being reassessed.
Mitigation Strategies
- Magnetic is currently re-evaluating the CXTL business plan.
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
- Previcare's compostable masks
- CXTL's plastic and e-waste recycling technology
Awards & Recognition
- Not disclosed