Climate Change Data

Norwood Systems Limited

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Going concern risk due to losses and net liability position.
  • Need for additional capital.
  • Climate-related risks (new regulations, extreme weather).
  • COVID-19 impact on operations and market conditions.
  • Related party risks.
  • Customer service risks.
  • Data loss, theft, or corruption risks.
  • Uncertainty of future profitability.
  • New product development and technology risks.
  • Protection of intellectual property rights.
  • General economic conditions, interest and inflation rates, currency exchange rates.
  • Share market conditions.
  • Litigation risks.
  • Reliance on key personnel.
Mitigation Strategies
  • Securing additional funding and revenue-generating contracts.
  • Monitoring the COVID-19 situation and updating the market.
  • Establishing risk management systems to prevent cyber-attacks and data security breaches.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of weather patterns and incidence of extreme weather events
  • Longer-term physical risks such as shifting climate patterns
Transition Risks
  • Emergence of new or expanded regulations associated with the transitioning to a lower-carbon economy and market changes related to climate change mitigation