Climate Change Data

Nanosonics Limited

Climate Impact & Sustainability Data (2019-07 to 2020-06, 2022-07 to 2023-06)

Reporting Period: 2019-07 to 2020-06

Environmental Metrics

Total Energy Consumption:625,440 kWh - 1,170,815 kWh/year
Waste Generated:1,750 kg clinical waste + 569 kg chemical waste/year

ESG Focus Areas

  • Infection prevention
  • Environmental sustainability
  • Employee well-being
  • Corporate governance
  • Community contribution
  • Supply chain responsibility

Environmental Achievements

  • Reduced annual manufacturing electronics waste from 27.5 kg to 2.6 kg (90% reduction)
  • Recycled 1,411 kg of e-waste and disposed of 16 kg of hazardous chemical waste

Social Achievements

  • Increased female representation in the workforce to 41% (from 36%), 32% in senior management (from 30%), and 29% at Board level (from 17%)
  • 91% of employees reported being proud to work for Nanosonics
  • Implemented an Employee Assistance Program during COVID-19
  • Launched a new Community Contributions Program

Governance Achievements

  • Reported against the 4th Edition of ASX Corporate Governance Principles and Recommendations a year ahead of schedule
  • Refreshed Risk Management Policy and Framework
  • No breaches of Privacy Policy reported

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting operations, supply chain, and employee well-being
  • Potential supply chain risks related to ESG issues in supplier operations
Mitigation Strategies
  • Introduced agile working and an Employee Assistance Program
  • Supported customers through digital communication and engagement
  • Ensured supply chain was well-positioned to meet customer requirements
  • Initiated a program to engage with key suppliers on ESG risks

Supply Chain Management

Responsible Procurement
  • Code of Conduct and Ethics binding on suppliers
  • Standard supply agreement incorporating Nanosonics' policies

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 13485

Sustainable Products & Innovation

  • trophon technology

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:1934 tCO2e (Scope 1,2,3 combined)
Scope 1 Emissions:740 tCO2e/year
Scope 2 Emissions:847 tCO2e/year
Scope 3 Emissions:12657 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:754,832 kWh/year
Water Consumption:3.7 ML/year
Waste Generated:121 tons/year
Carbon Intensity:28.8 tCO2e per employee

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • 55% of total waste diverted to recycling globally
  • GHG emissions per employee favorably compared to benchmark

Social Achievements

  • 93% of employees strongly believe in the purpose of Nanosonics
  • 45% of the global workforce are female, 40% of senior leaders, and 41% in STEM roles
  • $37,822 raised through various charitable initiatives
  • 19 students participated in internship programs

Governance Achievements

  • Launched Supplier Code of Conduct
  • Achieved ISO 27001 accreditation for IT security

Climate Goals & Targets

Long-term Goals:
  • Reduce GHG emissions (target and strategy to be developed in FY24)
Medium-term Goals:
  • Achieve 40% female representation on Executive Team by 2030
Short-term Goals:
  • Increase female representation on Executive Team to 18% by 2025

Environmental Challenges

  • Identifying and mitigating climate change risks
  • Identifying, assessing, and combating modern slavery risks
Mitigation Strategies
  • Undertook GHG emissions assessment and benchmarking
  • Developing targets and strategy for GHG emissions reduction in FY24
  • Implementing Supplier Code of Conduct and enhancing modern slavery risk mitigation strategy in FY24

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainable Supply Chain Initiative

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (GRI 1: Foundation 2021)

Certifications: ISO 27001

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 12

Nanosonics' products and initiatives contribute to these goals through infection prevention, education, gender equality, economic growth, and sustainable consumption and production.

Sustainable Products & Innovation

  • trophon technology (reduces water consumption and eliminates toxic chemistries)

Awards & Recognition

  • Mental Health First Aid® Skilled Workplace