Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Circular economy
• Technological innovation

Environmental Achievements

• Uses plastic waste to create innovative products
• Contributes to resolving some of Earth's most important challenges

Social Achievements

• Not disclosed

Governance Achievements

• Professionalization of investor relations activities

Climate Goals & Targets

Environmental Challenges

• Maintaining technological advantage
• Ensuring cost-efficient production

Mitigation Strategies

• Maintaining and expanding strategic relationships with leading industrial partners and academic institutions
• Keeping its production process highly cost-efficient

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

Climate Goals & Targets

Environmental Challenges

• The company owes debts to its creditors and is unable to repay them.
• The value of the company's assets is lower than the value of its liabilities.
• The company has experienced difficulties in maintaining its operations and meeting expectations.
• The company has had limited share liquidity and a declining share price.
• The company has encountered difficulties in establishing relationships with potential business partners due to widespread restrictions on international travel during the COVID-19 pandemic.
• The company's attempts to raise capital have not yielded results.

Mitigation Strategies

• The company is proposing a debt arrangement to its interested parties.
• Major shareholders will advance financing to the company.
• The company will cease to be a publicly traded company and become a private company.
• The company's past debts to the major shareholders will be written off in exchange for new shares.
• The company will focus on repaying past debts, paying current debts, and developing its business.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Reusable packaging solutions for e-commerce
• Inflatable packaging
• Hydroponic greenhouses

Environmental Metrics

ESG Focus Areas

• Sustainability
• Circular Economy
• Reusable Packaging

Environmental Achievements

• Expanded operations into reusable packaging systems in e-commerce deliveries (RePack acquisition)
• Centralized R&D activities in Spain to apply for local grants and tax benefits

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Generating deficits in ongoing operations
• Limited cash reserves may not be sufficient to meet liquidity requirements
• Global market conditions may hinder access to financing
• Substantial doubt about the company's ability to continue as a going concern
• Competition in the plastic industry
• Risks related to production (machinery, hazardous materials, supply chain)
• Risks related to management and personnel
• Regulatory compliance
• Product liability
• Intellectual property protection
• Shareholder voting power
• Limited operating history and evolving business model
• Exchange rate risk
• Natural disasters
• Customer liquidity problems
• Cyber threats
• General economic conditions
• Limitations surrounding the use of Israeli government funding
• Integration challenges of RePack acquisition
• Employee attraction and retention
• Liability from employee misconduct
• Regulatory compliance in multiple jurisdictions
• Product liability claims and recalls
• Intellectual property protection
• Shareholder voting power and potential conflicts of interest
• Market volatility of Ordinary Shares
• Potential dilution of Ordinary Shares
• Lack of adequate financing
• Exchange rate fluctuations
• Competition in the plastic industry
• Cyber threats
• Natural disasters
• General economic conditions
• Risks related to the company's status as an Israeli company

Mitigation Strategies

• Seeking additional capital through equity or debt financing or other strategic transactions
• Credit facilities from major shareholders
• Risk management strategies
• Intellectual property protection methods
• RePack acquisition to expand into reusable packaging
• Centralized R&D activities in Spain for grants and tax benefits
• Product liability insurance
• Efforts to attract and retain talented employees

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: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Hidroquick hydroponic system
• Reusable packaging solutions from RePack

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Circular Economy
• Reusable Packaging

Environmental Achievements

• Expanded operations into reusable packaging systems in e-commerce deliveries (RePack Asset Acquisition)
• Centralized R&D activities in Spain to apply for local grants and tax benefits

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Generating deficits in ongoing operations
• Limited cash reserves may not be sufficient to meet liquidity requirements
• Global supply chain disruptions
• Competition in the plastic and reusable packaging industries
• Regulatory compliance
• Potential for product liability claims
• Protection of intellectual property rights
• Risks related to management and personnel
• Integration challenges with RePack
• Cybersecurity threats
• Natural disasters
• General economic conditions
• Geopolitical instability
• Limitations surrounding the use of Israeli government funding
• Debt Settlement process

Mitigation Strategies

• Seeking additional capital through equity or debt financing or other strategic transactions
• Cost reduction measures
• Debt Settlement with Tel Aviv District Court
• Credit facilities from major shareholders
• Implementation of risk management strategies
• Integration of RePack's business
• Focus on innovation and development of new products
• Strengthening relationships with distributors, agents, customers, and suppliers

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: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Hidroquick hydroponic system
• Reusable packaging solutions from RePack

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Circular Economy
• Reusable Packaging

Environmental Achievements

• Acquired RePack, a company specializing in reusable packaging solutions, expanding the company's offerings in sustainable packaging.
• Relocated certain components of its Israeli production facility to Germany, permanently closing the Israeli site and ceasing plastic recycling activities.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Generating deficits in ongoing operations.
• Limited cash reserves may not be sufficient to meet liquidity requirements.
• Highly competitive plastic product markets with low barriers to entry.
• Global supply chain disruptions.
• Risks related to production (heavy machinery, hazardous materials).
• Risks related to management and personnel (loss of key employees).
• Risks related to regulation (compliance with regulatory requirements).
• Risks related to product liability.
• Risks related to intellectual property.
• Risks related to exchange rate fluctuations.
• Risks related to natural disasters.
• Risks related to competition.
• Risks related to cyber threats.
• Risks related to general economic conditions.
• Risks related to the company's status as an Israeli company (limitations surrounding the use of Israeli government funding).

Mitigation Strategies

• Seeking additional capital through equity or debt financing or other strategic transactions.
• Shareholder credit facilities.
• Focus on innovation, product quality, regulatory compliance, pricing, and customer service.
• Risk management strategies.
• Insurance coverage for product liability.
• Intellectual property protection measures.
• Hedging transactions (not yet implemented).
• Contingency plans for natural disasters.
• Diversification of operations and markets.
• Cybersecurity measures.

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: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Hidroquick hydroponic system
• Reusable packaging systems

Awards & Recognition

• Not disclosed