Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Supply Chain Sustainability
• ESG Reporting and Compliance

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Lack of direct control over Scope 3 emissions, difficulty ensuring data accuracy and consistency across the value chain, challenges in obtaining comprehensive information from suppliers due to privacy or IP concerns, difficulty influencing value chain emissions due to involvement of numerous stakeholders, external data quality and availability, calculation complexity, internal data quality and availability, availability of life cycle emissions factors, budget constraints, lack of internal capacity and expertise, limited visibility into sustainability data at the corporate level, differing requirements across jurisdictions, internal data management challenges, assessment and reporting of emissions related to investments (especially in the financial sector), lack of standardized methodology for financed emissions.
• Scaling LCAs across entire product portfolios or value chains, time constraints, data quality issues, difficulties in handling Scope 3 emissions, ensuring consistency, defining scope boundaries, integrating LCA technologies into existing systems.

Mitigation Strategies

• Use of integrated technology solutions to streamline data collection, automation, and reporting; leveraging advanced analytics for insights and improvement identification; collaboration and communication with suppliers; employing flexible digital platforms adaptable to changing frameworks and regulations; utilizing spend-based data, LCA data, and supplier-specific data or PCFs for Scope 3 quantification; LCA automation to streamline data collection and enhance efficiency; technology-driven approach for two-way communication and collaboration with suppliers; right-sizing data requests; mapping upstream suppliers; integrating results into procurement systems; adopting a holistic, three-pronged approach to sustainability encompassing company operations, products, and value chain.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Data collection and transparency throughout the value chain, setting supplier-specific reduction targets.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Cost savings through increased operational efficiency, market differentiation, competitive advantage, enhanced brand reputation, supply chain resilience, innovation, stakeholder engagement, investor attraction.

Reporting Standards

Frameworks Used: IFRS S1 & S2, TCFD, GRI, CDP, UNGC, SBTi, CSRD, ESRS, SEC climate disclosure rules, California’s Climate Corporate Data Accountability Act (SB 253), EU’s Sustainable Finance Disclosure Regulation (SFDR), PCAF

Certifications: ISO 14044

Third-party Assurance: DEKRA (for Sphera's Managed LCA Content)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed