AS "Rīgas kuģu būvētava"
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Improve economic performance and financial results within approximately 12 months.
Environmental Challenges
- Market risk and liquidity risk
- War in Ukraine significantly affected energy and food market, slowing down economic development and causing uncertainty.
- Legal protection proceedings (LPP) since 2019, requiring amendments and adjustments to the plan.
Mitigation Strategies
- Prudent liquidity risk management ensuring proper credit resources.
- Amendments to LPP plan to adjust income, expenses, and creditor claim schedule.
- Measures for process efficiency and cost optimization.
- Seeking solutions to expand operations.