JERICHO ENERGY VENTURES INC.
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
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
- Climate Change
- Clean Energy Transition
- Sustainable Innovation
Environmental Achievements
- Developed a zero-emission hydrogen boiler (DCC™) with >97% efficiency, eliminating NOx and CO2 emissions.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Contribution to decarbonization of the industrial and commercial heating sectors.
Medium-term Goals:
- Significant market penetration of zero-emission boiler solutions.
Short-term Goals:
- Commercialization of the DCC™ hydrogen boiler and Gramme 50 electrolyzer.
Environmental Challenges
- High cost of green hydrogen compared to fossil fuels.
- Supply chain constraints for precious metal catalysts in electrolyzers and fuel cells.
Mitigation Strategies
- Developing low-cost, earth-abundant catalysts to replace precious metals.
- Developing a low-cost PEM electrolyzer (Gramme 50) targeting $0.50/W.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Competition, regulatory changes, market shifts
Opportunities
- Growing demand for zero-emission heating solutions driven by net-zero goals and carbon pricing.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation, and Infrastructure)
- SDG 13 (Climate Action)
The company's technologies contribute to these goals by providing clean energy solutions and promoting sustainable industrial practices.
Sustainable Products & Innovation
- DCC™ hydrogen boiler, Gramme 50 electrolyzer
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Working capital deficiency of $1,511,940 at December 31, 2023.
- Net loss of $7,321,633 in the year ended December 31, 2023.
- Negative cash flows from operations of $3,197,453 in the year ended December 31, 2023.
Mitigation Strategies
- Dependent on achieving profitable operations and/or management’s ability to raise necessary funding through future equity or debt issuances.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Manning Elliott LLP
Sustainable Products & Innovation
- Industrial and commercial steam generation technology enabling zero-emissions hydrogen to generate heat, hot water, and high-temperature steam.