Sivota Plc
Climate Impact & Sustainability Data (2020-09-22 to 2021-12-31, 2022)
Reporting Period: 2020-09-22 to 2021-12-31
Environmental Metrics
ESG Focus Areas
- Governance
- Social
Governance Achievements
- Established an Audit Committee
- Established a Remuneration and Nomination Committee
- Established an Acquisitions Committee
Climate Goals & Targets
Environmental Challenges
- Difficulties in acquiring suitable targets
- On-going COVID-19 outbreak
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Code
Third-party Assurance: Crowe UK LLP
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Keeping pace with technological developments
- Concentration of key clients
- Changes to the digital advertising landscape
- Funding
- Difficulties in acquiring suitable targets
- Security, political and economic instability in Israel and the Middle East
- Taxation
Mitigation Strategies
- Continuing to improve its solutions and products
- Increasing the number of customers
- Prudent liquidity risk management
- Regularly reviews the revenues, KPIs and expenditures of Apester and continues to prudently manage its cash resources and has minimised ongoing operating costs
- Strong local presence and a significant business network in Israel
- Operating foreign currency bank accounts to help mitigate the foreign currency risk
- Regular review of taxation policies