Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Developed an environmentally friendly, non-toxic, and non-hazardous fire extinguishing fluid (FER1000) and its recyclable packaging.
• StaySafe 5-in-1 extinguisher became Amazon Prime's top-selling fire extinguisher in the UK within the same month of its launch.

Social Achievements

• Established relationships with Amazon and Screwfix.
• High levels of customer satisfaction reflected in an “Excellent” Trustpilot rating.
• Member of Sedex Advance to ensure ethical and sustainable supply chain practices.

Governance Achievements

• Compliance with the QCA Code.
• Established an audit committee and a remuneration committee.
• Adopted a share dealing code for Directors and applicable employees.

Climate Goals & Targets

Environmental Challenges

• Early-stage of operations with limited operating history and incurred losses.
• Dependence on manufacturers, suppliers, and service providers.
• Product development challenges and regulatory hurdles.
• Reliance on licences.
• Intellectual property protection and potential infringement risks.
• Competition in a rapidly evolving market.
• Risks of technological change and obsolescence.
• Foreign currency risk and overseas activities.
• Unfavorable contract terms.
• Managing the growth of operations and organization.
• Retaining and attracting capable management.
• Market risks and product performance variations.
• Product recalls.
• COVID-19 pandemic impact.
• Tax implications and changes in laws and regulations.

Mitigation Strategies

• Digital First strategy for sales and marketing.
• Working with established suppliers with high-quality products and services.
• Stringent policies and procedures to ensure high levels of environmental and social responsibility.
• Member of Sedex to monitor supply chain practices.
• Ongoing research and development of new products and services.
• International expansion through digital channels.
• Multi-channel sales strategy.
• Hedging or other financial instruments to minimize foreign currency risk (though not currently in place).
• Improvements to operations, financial and management controls, reporting systems and procedures.
• Independent testing and verification of products.
• User instructions provided on all products.
• Plans in place to mitigate the ongoing pandemic.

Supply Chain Management

Responsible Procurement

• Stringent policies and procedures to ensure high levels of environmental and social responsibility.
• Member of Sedex Advance.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Haysmacintyre LLP

Sustainable Products & Innovation

• StaySafe 5-in-1 fire extinguisher
• PanSafe pan fire extinguisher
• FER1000 fluid
• Derivative Fluid