Cleantek Industries Inc.
Climate Impact & Sustainability Data (2021, 2023, Q3 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate change
- Water management
- Emissions reduction
- Safety
- Community impact
Environmental Achievements
- Reduced carbon footprint by over 200 Tons per year per ZeroE unit through elimination of trucking and waste heat capture.
- Reduced CO2 emissions by over 7,500 tons annually through SolarHybrid lighting.
- Treats and recycles over 10 million liters of water per ZeroE system annually.
Social Achievements
- Eliminates over 350 trucks per year off local roadways per ZeroE unit, improving safety.
- Improved air quality on construction projects with SolarHybrid lighting.
- Created jobs through the deployment of ZeroE and HALO systems.
Governance Achievements
- Experienced and connected management and board with deep industry expertise.
- Strong board sponsorship from prominent figures in the energy sector.
- Completed a go-public transaction through a reverse takeover.
Climate Goals & Targets
Medium-term Goals:
- Diversify ZeroE technology into other industries.
Short-term Goals:
- Expand ZeroE deployments across North America.
Environmental Challenges
- Rising fuel costs and carbon taxation impacting water disposal costs.
- Rising labor costs and tight labor market.
- Policy risks related to industrial water use and disposal.
Mitigation Strategies
- Developed ZeroE technology to reduce water disposal costs and emissions.
- Secured long-term agreements with clients, mitigating price volatility.
- Diversified revenue streams through lighting division.
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and services.
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 6 (Clean Water and Sanitation)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 13 (Climate Action)
Cleantek's technologies contribute to these goals through reduced emissions, water conservation, and sustainable innovation.
Sustainable Products & Innovation
- ZeroE technology
- HALO lighting
- SolarHybrid lighting
Reporting Period: 2023
Environmental Metrics
Water Consumption:Over 10 million liters/year per ZeroE™ system
ESG Focus Areas
- Climate change
- Water management
- Emissions reduction
Environmental Achievements
- Reduced water disposal costs by treating and dehydrating wastewater on-site with ZeroE™ technology
- Reduced carbon footprint and emissions of particulates with ZeroE™ technology
- Treats over 10 million liters of water per system annually with ZeroE™ technology
- Eliminates over 350 trucks per year off local roadways (per unit) with PZeroE™ reducing client’s carbon footprint by over 200 tons per year
- Reduced off-site CO2 emissions with PZeroE™
- Save over 85%+ on fuel consumption with HALO™ lighting compared to other light towers
Social Achievements
- Improved safety with HALO™ lighting by replacing up to 13 conventional units
- Improved community relations by reducing truck traffic with ZeroE™
Governance Achievements
- Experienced management team with expertise in clean technology and finance
- Strong and diverse shareholder base
- Registered with ISO 14064-14069 for ESG impact quantification
Climate Goals & Targets
Medium-term Goals:
- Expand HALO™ and ZeroE™ product lines globally
Short-term Goals:
- Increase revenue by 11%-22% in 2023
- Deploy 30 new HALO systems in 2022 and 2023
- Build 10 new HALO units, SecureTek systems, and convert ZeroE units to gas-fired
Environmental Challenges
- Patent litigation (resolved in October 2022)
- Market demand fluctuations
Mitigation Strategies
- Strong balance sheet to manage market volatility
- Focused sales and education efforts to increase utilization rates
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 14064-14069
Sustainable Products & Innovation
- ZeroE™ technology
- HALO™ lighting technology
- SecureTek security system
Reporting Period: Q3 2022
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:Over 10 million liters treated per ZeroE™ system annually
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate change
- Water management
- Emissions reduction
Environmental Achievements
- Reduced carbon footprint by over 200 Tons per year per ZeroE™ unit through elimination of over 350 trucks per year off local roadways.
- Treats and recycles over 10 million liters of water per ZeroE™ system annually.
- Reduced CO2 emissions inherent to the ZeroE™ system through waste heat capture and facility exhaust scrubbing.
Social Achievements
- Improved safety through replacement of up to 6 conventional lighting units with HALO™ units.
- Increased utilization of mobile ZeroETM fleet from three units in October 2021 to 16 units in June 2022.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Massive Global Growth Potential for artificial lift technology
Medium-term Goals:
- Developing Strategic plan for artificial lift technology segment
Short-term Goals:
- Increase sales efforts of HARP Technology
- Adding units consistently through YE 2022 at low risk
Environmental Challenges
- Rising fuel costs (in part due to carbon taxation) and rising labor costs impacting water disposal costs.
- Prohibitively expensive insurance for drivers under 25 severely impacting labor supply.
- Significant policy risk layers additional potential price pressure on industrial water use and disposal costs.
Mitigation Strategies
- Developed ZeroE™ technology, a cost-effective solution that reduces water disposal costs and emissions.
- Focused sales and education efforts to increase utilization of mobile ZeroETM units.
- Long-term regulatory/ESG pressures driving need for innovative solutions like DZeroE™
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
- ZeroE™ technology
- HALO™ lighting systems
- SolarHybrid lighting systems
Awards & Recognition
- Not disclosed