Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited operating history, not profitable and may never become profitable.
• Failure to attract and keep senior management.
• Need to raise additional capital.
• Increased expenses and administrative burdens as a public company.
• Failure to manage acquisitions or strategic alliances effectively.
• Unsuccessful acquisitions.
• Limited ability to use net operating losses.
• Lack of experience in senior management of a public company.
• Failure to maintain effective internal controls over financial reporting.
• Complexity and cost of purchasing real estate with hospital acquisitions.
• Inaccurate estimate of the size of the addressable market.
• Inability to execute growth strategies successfully.
• Difficulties recruiting and retaining skilled veterinarians.
• Negative publicity from claims of improper animal care.
• Fluctuation in quarterly operating results.
• Potential impact of future health epidemics.
• Dependence on positive company perceptions.
• Compromised computer network security.
• Potential labor disputes.
• Potential personal injury, workers’ compensation, discrimination, harassment, wrongful termination, wage and hour, and other claims.
• Decline in consumer spending or change in consumer preferences.
• Highly competitive animal health industry.
• Inability to adequately protect intellectual property rights.
• Potential litigation.
• Natural disasters and other events beyond control.
• Government regulations limiting or delaying business development.
• Failure to comply with governmental regulations.
• Non-compliance with regulations covering dispensing of prescription pet medications.

Mitigation Strategies

• Developing and implementing new transaction-processing, operational and financial systems, procedures and controls.
• Expanding finance, administrative and operations staff.
• Investing in technology, sales and data infrastructure.
• Improving existing and implementing new processes for assessing, valuing, acquiring and integrating new hospitals.
• Establishing contacts with major veterinary brokerages.
• Expanding mergers and acquisitions team.
• Building marketing, sales, managerial and other non-technical capabilities.
• Creating structures that conform to legal standards and mitigate risk.
• Maintaining general liability insurance, workers’ compensation insurance, and umbrella insurance.
• Implementing appropriate reverse split of Class A Common Stock to regain compliance with Nasdaq listing rules.
• Engaging a third-party provider to maintain information systems and manage cybersecurity risks.
• Establishing a comprehensive cybersecurity policy and crisis response plan.

Supply Chain Management

Climate-Related Risks & Opportunities