BIOSENIC SA
Climate Impact & Sustainability Data (2021, 2022, 2023, 2024-04)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Governance
- Sustainability
Governance Achievements
- Implemented a remuneration policy compliant with the new law of 28 April 2020 and the Belgian Corporate Governance Code 2020.
- Established a Nomination and Remuneration Committee (RemCo) to oversee executive and non-executive director compensation.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Belgian Corporate Governance Code 2020
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:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- High and unmanaged cost structure inherited from Bone Therapeutics.
- Poor management of ALLOB and JTA projects leading to clinical failures.
- Questionable reverse merger with Bone Therapeutics.
- Difficulty in raising funds due to existing debt.
- Abandonment of ALLOB and JTA applications due to clinical failures.
Mitigation Strategies
- Cost reduction efforts.
- Focus on the most promising clinical trials (Arscimed, ArsciCor, ArsciCop).
- Securing funding from TrialCap Pte. Ltd. (8M EUR loan and 800K EUR equity).
- Negotiating debt restructuring with creditors (BEI, Patronale, Monument).
- Creating an Australian subsidiary to leverage Australian research tax credits.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-04
Environmental Metrics
Climate Goals & Targets
Medium-term Goals:
- Obtain marketing authorization by the end of 2028.
Short-term Goals:
- Start Phase III cGvHD clinical trial.
Environmental Challenges
- High and unmanaged cost structure inherited from Bone Therapeutics.
- Poor management of ALLOB and JTA projects leading to clinical failures.
- Questionable reverse merger.
- Difficulty in raising funds due to existing debt.
- Abandonment of ALLOB and JTA applications due to clinical failures.
Mitigation Strategies
- Cost reduction efforts.
- Focus on promising clinical trials for Arscimed, ArsciCor, and ArsciCop.
- Securing funding from TrialCap Pte. Ltd. (8M EUR loan and 800K EUR equity).
- Negotiating debt restructuring with creditors (BEI, Patronale, Monument).
- Creating an Australian subsidiary to leverage Australian research tax credits.