Climate Change Data

InMode Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 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:Not disclosed
Waste Generated:14.8 tons/year (paper)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Affordability & Pricing
  • Ethical Marketing
  • Product Design & Lifecycle Management
  • Business Ethics
  • Product Safety
  • Supply Chain Management

Environmental Achievements

  • Eliminated almost all air shipments to the United States.
  • Entered into a new agreement with a government-approved industrial waste removal company for R&D facility.
  • Printer received Forest Stewardship Council (FSC) Certification.

Social Achievements

  • Expanded staff by 118 employees in 2022, reaching a total of 480 employees with 33% female representation in senior management.
  • Implemented comprehensive employee training programs, including full-day training for new hires and product training for new technologies.
  • Cultivated an informal corporate culture with various employee engagement activities.

Governance Achievements

  • Successfully completed all audits conducted by regulatory bodies in 2022.

Climate Goals & Targets

Long-term Goals:
  • Expand technological leadership in surgical solutions market and leverage RF technologies into additional medical solutions markets.
Medium-term Goals:
  • Increase revenues from consumables and extended warranties as installed base grows.
  • Expand product line to reach non-traditional customers.
Short-term Goals:
  • Introduce new product platform for ophthalmologists in 2023.

Environmental Challenges

  • Increased material and shipping costs.
  • Potential for misuse of products.
  • Competition in the medical aesthetics market.
  • Regulatory compliance obligations.
  • Supply chain disruptions.
  • Political and economic instability in Israel.
  • Data protection and security concerns.
Mitigation Strategies
  • Seeking to offset increased costs through reducing manufacturing costs and maintaining average selling prices.
  • Offering training on product use and implementing safety measures.
  • Investing in research and development and expanding product portfolio.
  • Maintaining compliance with FDA and other regulatory requirements.
  • Maintaining relationships with multiple suppliers.
  • Implementing policies and procedures to ensure compliance with applicable laws and regulations.
  • Implementing measures to protect data security and privacy.

Supply Chain Management

Supplier Audits: Completed audits of Tier 1 subcontractors (Medimor, Flex, and Resonetics) in 2022.

Responsible Procurement
  • Maintaining relationships with multiple suppliers to reduce potential for supply delays.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 13485:2016, CE

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed