Climate Change Data

Diaceutics PLC

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • New Belfast headquarters is a green building with an ‘A’ rated energy certificate.

Social Achievements

  • Launched a diversity training programme, the ‘Global Diversity Module’.
  • Launched an annual mentoring programme and City & Guilds accredited Diaceutics EFFECTive Leaders programme.
  • Introduced optional ‘Flex days’ to enhance work-life balance.
  • Launched a Share Incentive Plan (SIP).
  • Launched an Employee Assistance Programme.

Governance Achievements

  • Adopted the Quoted Companies Alliance Corporate Governance Code.
  • Established a Quality and Compliance department.
  • Working towards ISO 9001 and ISO 27001 certifications.

Climate Goals & Targets

Environmental Challenges

  • Uncertainty around the Group’s Order Book.
  • Dependence on key executives and personnel.
  • Loss of a major customer.
  • Cyber-attacks.
  • Market risks and economic conditions.
  • Dependency on access to patient diagnostic data.
  • Compliance with information security and data protection laws.
  • Economic downturn.
  • Events beyond the Group’s control (natural disasters, political instability, Brexit, inflation).
  • Foreign exchange rate fluctuations.
Mitigation Strategies
  • Continual review of the business pipeline.
  • Succession and retention planning for key personnel.
  • Diversification of customer base.
  • Security framework combining prevention technology with continuous threat monitoring.
  • Flexible business model and cost structure.
  • Investment in data lake and expansion of data sources.
  • Legal department monitoring changes in data protection laws.
  • Global footprint and ability to pass on price increases.
  • Hedging downside foreign exchange risk.
  • Working capital model and cash flow projections.

Supply Chain Management

Responsible Procurement
  • Critical vendor assessment policy including code of ethics review.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

Certifications: