Climate Change Data

RadMax Technologies, Inc.

Climate Impact & Sustainability Data (2015, 2019, 2023-04-30, 2024)

Reporting Period: 2015

Environmental Metrics

Climate Goals & Targets

Short-term Goals:
  • Complete and test the RadMax™ Diesel Engine for presentation to potential licensing and joint venture partners.

Environmental Challenges

  • The company is a development stage enterprise with constraints on financial and personnel resources, lack of established credit facilities, and uncertainties regarding product development and future revenues.
  • Reported losses in each year since inception with an accumulated deficit of $12,727,365.
  • No assurance that a commercially feasible product will be perfected or become profitable.
  • Requires additional financing and may not be able to secure it.
  • Lack of experience in manufacturing or marketing products.
  • Auditors raised substantial doubt about the ability to continue as a going concern.
  • Dependence on certain members of staff.
  • Potential conflicts of interest due to directors and officers holding positions in competing companies.
  • Dependence on consultants and outside manufacturing facilities.
  • Potential inability to adequately protect intellectual property.
  • Potential product errors.
  • Competition possesses greater technical resources and market recognition.
  • Market prices for products may decline.
  • New technology could render products obsolete.
  • Potential product liability claims.
Mitigation Strategies
  • Plans to raise additional capital through debt and/or equity financing, including the exercise of warrants and options.
  • Seeking licensing and/or joint venture arrangements with larger companies.
  • Receiving interim support from related parties.
  • Intending to retain future earnings to finance operations and growth.
  • Developing and testing the RadMax™ Diesel Engine to present to potential partners.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2019

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

  • Energy Efficiency
  • Greenhouse Gas Emissions Reduction

Environmental Achievements

  • Potential to save up to 150 billion kWh of electricity annually in the US A/C & refrigeration industry and eliminate up to 150 million tons of CO2 and other GHGs.
  • Potential to recapture up to 20% of energy lost during natural gas depressurization, representing billions of kWh and eliminating millions of tons of GHG emissions.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Sell the company within the next two years

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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

  • RadMax Expander / Generator (TPXG)

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04-30

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • The Company experienced a negative impact to its operating results due to the COVID-19 pandemic disrupting supply chains and affecting production and sales.
Mitigation Strategies
  • The Company receives interim support from related parties and plans to raise additional capital through debt and/or equity financings. Ongoing R&D projects are funding current operations and with additional R&D project funding, the Company believes will have sufficient funds available to meet its next 12 months obligations.

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

  • RadMax sliding axial vane technology, designed for high output to weight ratios, reducing carbon footprint, device size, weight and parts count, while increasing fuel and manufacturing efficiencies.

Awards & Recognition

  • Not disclosed

Reporting Period: 2024

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

  • Emissions Reduction
  • Renewable Energy
  • Sustainability

Environmental Achievements

  • Reduced methane emissions at natural gas wellheads and pressure letdown stations through the use of the RadMax Expander-Generator (RXG).

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Commercialization of the RXG technology

Environmental Challenges

  • Derisking the RadMax Expander-Generator (RXG) technology and proving its technical and economic viability.
Mitigation Strategies
  • Successful completion of over 4,200 runtime hours of data collection and analysis at ATCO’s distribution facility.

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

  • RadMax Expander-Generator (RXG)

Awards & Recognition

  • Not disclosed