Climate Change Data

Eden Research plc

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Sustainable biopesticides
  • Plastic-free encapsulation technology
  • Sustainable agriculture
  • Reducing food waste
  • Protecting soil and water
  • Supply chain sustainability
  • Employee well-being
  • Board diversity

Environmental Achievements

  • Sustaine® microencapsulation technology is plastic-free and biodegradable.
  • Products are based on naturally occurring terpenes and are approved for use in organic agriculture.
  • Products help reduce food waste by extending shelf life.

Social Achievements

  • Commitment to employee diversity and inclusion.
  • Skills enhancement and training programs for employees.
  • Regular communication between management and staff.

Governance Achievements

  • Adoption of the Quoted Companies Alliance Governance Code.
  • Establishment of Audit, Nominations, Remuneration, and AIM Compliance Committees.
  • Regular Board meetings to review strategy and performance.

Climate Goals & Targets

Long-term Goals:
  • Become the leader in sustainable bioactive products.
Medium-term Goals:
  • Diversify business lines by expanding product applications, securing regulatory approvals and distribution agreements in new geographies, pursuing seed treatment opportunities, advancing insecticide product development, and launching new products in consumer products and animal health markets.
Short-term Goals:
  • Expand commercial growth through regulatory clearances, Sustaine® technology development, new partnerships, and collaborations.

Environmental Challenges

  • COVID-19 pandemic impacting regulatory approvals and sales.
  • Slowing down of regulatory approval process in the US.
  • Adverse foreign currency exchange rates.
  • Brexit impacting regulatory approval in the UK.
  • Supply chain disruptions.
Mitigation Strategies
  • Successful fundraise in March 2020.
  • Continued product development and partnerships.
  • Outsourcing manufacturing model for flexibility.
  • Close working capital management.
  • Continued engagement with regulators.

Supply Chain Management

Responsible Procurement
  • Working with partners who apply robust sustainability standards.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Quoted Companies Alliance Governance Code

Certifications: ISO 14001 (Sipcam manufacturing partner)

UN Sustainable Development Goals

  • Goal 2: Zero Hunger
  • Goal 12: Responsible Consumption and Production
  • Goal 13: Climate Action
  • Goal 15: Life on Land

Eden's products and technologies contribute to sustainable agriculture, reducing food waste, protecting ecosystems, and mitigating climate change.

Sustainable Products & Innovation

  • Mevalone® and Cedroz™ biopesticides
  • Sustaine® encapsulation technology

Awards & Recognition

  • London Stock Exchange’s Green Economy Mark

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Sustainable biopesticides
  • Plastic-free encapsulation technology
  • Sustainable agriculture
  • Supply chain sustainability
  • Safe and ethical operations
  • Diverse and engaged workforce

Environmental Achievements

  • Developing plastic-free encapsulation technology (Sustaine®) to replace microplastics in agricultural products
  • Creating biopesticides with favorable environmental profiles, reducing the need for conventional agrochemicals

Social Achievements

  • Working with partners who apply robust sustainability standards and are signatories of Responsible Care
  • Building a diverse, engaged, and highly skilled team

Governance Achievements

  • Integrating ESG considerations into business strategy and management practices
  • Establishing an ESG Steering Committee to coordinate and drive ESG actions
  • Regularly reporting ESG performance to the Board

Climate Goals & Targets

Short-term Goals:
  • Identify and address gaps in ESG management
  • Establish specific ESG targets, including KPIs and metrics

Environmental Challenges

  • Addressing the urgent need to transition to a safe, equitable, and sustainable food system
  • Managing ESG issues across the supply chain
Mitigation Strategies
  • Working with partners to manage ESG issues across the supply chain
  • Applying high ESG standards in own operations
  • Integrating ESG into innovation strategy and pipeline

Supply Chain Management

Responsible Procurement
  • High standards for quality and sustainability of ingredients
  • Working with manufacturers who apply robust sustainability standards

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 2: Zero Hunger
  • SDG 12: Responsible Consumption and Production
  • SDG 13: Climate Action
  • SDG 15: Life on Land

Products reduce food waste, protect soil and ecosystems, and reduce greenhouse gas emissions.

Sustainable Products & Innovation

  • Mevalone
  • Cedroz
  • Sustaine®

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Sustainable agriculture
  • Reducing food waste
  • Protecting soil and ecosystems
  • Protecting human rights
  • Reducing greenhouse gas emissions
  • Improving resource efficiency
  • Supporting the circular economy
  • Reducing air pollution
  • Safe products
  • Reducing toxic residues
  • Protecting soil and water

Environmental Achievements

  • Reduced microplastics in agricultural products through Sustaine® technology
  • Products certified as organic in the EU

Social Achievements

  • Expanded Mevalone® and Cedroz™ labels to new crops and geographies
  • Launched Ecovelex™, a new seed treatment product
  • Distribution agreement signed with Anasac (Colombia) for Mevalone®
  • Strengthened lab team with expertise in formulation, analytical and biology

Governance Achievements

  • Adopted principles of the Quoted Companies Alliance Governance Code
  • Established Audit, Nominations, Remuneration and AIM Compliance Committees

Climate Goals & Targets

Long-term Goals:
  • Become a leader in biological crop protection products and solutions
Medium-term Goals:
  • Bring the business to profitability
  • Accelerate research, development, registration and commercialisation
Short-term Goals:
  • Increase existing product sales through new regulatory approvals and label extensions

Environmental Challenges

  • Stable financial base and revenue growth
  • Product development
  • Growing a diverse product development pipeline
  • Geographic expansion
  • Supply chain issues
Mitigation Strategies
  • Evolving business model to focus on product sales
  • Signing agreements with industry partners
  • Ensuring a well-funded balance sheet
  • Investing in patents and internal technical resources
  • Extending product registrations
  • Identifying suitable industrial partners
  • Sourcing raw materials from multiple suppliers
  • Using multiple toll manufacturers

Supply Chain Management

Responsible Procurement
  • Working with leading suppliers of raw materials and high-quality manufacturers
  • Applying high standards to ensure the quality and sustainability of ingredients

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals

Certifications: ISO 14001 (Sipcam manufacturing partner)

UN Sustainable Development Goals

  • Goal 2 (Zero Hunger)
  • Goal 13 (Climate Action)
  • Goal 15 (Life on Land)

Products reduce on-farm impacts on nature, food waste, and risks to human health from conventional agrochemicals; improve crop yields and produce quality

Sustainable Products & Innovation

  • Mevalone®
  • Cedroz™
  • Ecovelex™