Cordlife Group Limited
Climate Impact & Sustainability Data (2003, 2009, 2010, 2021)
Reporting Period: 2003
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
- 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
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2009
Environmental Metrics
Social Achievements
- Established Cordlife Academy for employee training and development.
Governance Achievements
- Appointed Mr. Mark Ryan and Mr. Voiron Chor as Non-executive Directors.
- Established an Audit Committee, Nomination Committee, and Remuneration Committee.
Climate Goals & Targets
Environmental Challenges
- Global economic crisis and financial meltdowns.
Mitigation Strategies
- Strong business model, sound financials, and right growth strategies.
- Focus on building strong presence to accelerate growth in emerging markets (India, Indonesia, Philippines).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Council (CGC) guidelines
Certifications: American Association of Blood Banks (AABB), Therapeutic Goods Administration (TGA), International Organisation for Standardisation (ISO)
Third-party Assurance: Ernst & Young LLP
Awards & Recognition
- Technology Pioneer status by the World Economic Forum (2006)
Reporting Period: 2010
Environmental Metrics
ESG Focus Areas
- Sustainability
Social Achievements
- Established the Cordlife Academy to develop in-house capabilities and managerial competencies.
- Offered an exclusive umbilical cord banking technology, enabling parents to store two more types of stem cells.
Governance Achievements
- Complied with ASX Corporate Governance Council (CGC) published guidelines and its Corporate Governance Principles and Recommendations.
Climate Goals & Targets
Environmental Challenges
- Difficult and challenging economic climate.
- Appreciation of the reporting currency (Australian dollar) against functional currencies of operating subsidiaries.
- Discontinuation of selected one-off upside and negative impact of foreign currency exchanges.
Mitigation Strategies
- Clear strategy of maintaining dominant position in established markets and aggressively expanding in high-growth developing markets.
- Five-step approach to maintain market dominance and growth: building on quality commitment, operating efficiencies & talent retention, increasing the use of cord blood stem cells, brand equity management, and sustainability & partnerships.
- Investment to set up a facility in the Philippines.
- Strategic investment in China Stem Cell (South) Company Ltd.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Exclusive umbilical cord banking technology
Awards & Recognition
- Technology Pioneer award presented by the World Economic Forum (2007)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Innovation
- Health
- Research and Development
Social Achievements
- Launched OptiQ, a corneal lenticule banking service in Singapore, providing a new healthcare service and potentially improving patient outcomes.
Climate Goals & Targets
Environmental Challenges
- Corneal lenticule banking is not yet accepted as the standard of clinical care.
Mitigation Strategies
- Partnering with SERI to leverage their expertise and research in corneal lenticule storage and re-implantation.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- OptiQ corneal lenticule banking service