argenx SE
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Renewable Energy Share:50% (Ghent site)
Total Energy Consumption:754,979 kWh/year
Waste Generated:15,060 kg/year
ESG Focus Areas
- Patients
- People
- Governance
- Planet
Environmental Achievements
- Began measuring energy consumption, non-renewable energy use, waste, and water usage at its Ghent site.
- Achieved 100% recycling of paper, cardboard, hard plastics, foils, glass, and aluminum, as well as 100% recycling of electronic waste at its Ghent site.
- Implemented programs to encourage low-carbon commuting to its Ghent site.
- Implemented a policy supporting a hybrid and flexible working environment to reduce commuting.
Social Achievements
- Launched MG United, a global lifestyle platform for the myasthenia gravis (MG) community.
- Partnered with patient organizations to launch MyRealWorldMG, a real-world evidence study on MG.
- Supported the creation of an annual European Union MG Day.
- Achieved zero safety incidents for the fourth consecutive year.
- Expanded its Buddy Program to help new employees integrate.
- Developed Personal Development Plans (PDPs) to maximize employee strengths.
- Made progress toward gender balance in leadership (39% women).
Governance Achievements
- Diversified its Board of Directors, adding three new directors.
- Complied with the best practice principles set out in the Dutch Corporate Governance Code, with exceptions related to remuneration policy (explained in the Annual Report).
- Conducted an education session for Board members on ESG.
- Established a cross-functional ESG working group.
- 100% of argonauts completed annual Code of Business Conduct and Ethics training.
Climate Goals & Targets
Short-term Goals:
- Achieve Green Lab Certification for Ghent site.
Environmental Challenges
- Measuring and managing environmental impact across all sites.
- Ensuring diversity in clinical trials for rare diseases.
- Maintaining data security and privacy across a global organization.
- Managing waste and hazardous materials in its operations.
Mitigation Strategies
- Started measuring key environmental metrics at its main site.
- Implemented proactive outreach, education, and accessibility measures for clinical trials.
- Adopted GDPR as its overall privacy standard and implemented ISO 27001-based ISMS.
- Implemented color-coded waste bins and partnered with waste management companies for processing.
Supply Chain Management
Supplier Audits: 100% of vendors involved in manufacturing, testing, and distribution audited in 2022
Responsible Procurement
- Engaging with top suppliers to ensure alignment with environmental, health, and safety policies.
Climate-Related Risks & Opportunities
Opportunities
- Reducing energy costs through improved storage and transport conditions.
Reporting Standards
Frameworks Used: SASB
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:433,347 tCO2e (location-based)
Scope 1 Emissions:378 tCO2e
Scope 2 Emissions:183 tCO2e (location-based), 189 tCO2e (market-based)
Scope 3 Emissions:432,786 tCO2e
Total Energy Consumption:814,362 kWh (Zwijnaarde), 39,177 kWh (Tokyo), 87,108 kWh (Boston)
Water Consumption:52,427 m3 (Zwijnaarde)
Waste Generated:12,400 kg (Tokyo), 11,750 kg (Zwijnaarde)
Carbon Intensity:0.0004 tCO2e/$ (location-based and market-based)
ESG Focus Areas
- Patients
- People
- Governance
- Planet
Environmental Achievements
- Calculated GHG emissions for the first time in 2023 (433,347 tCO2e location-based; 433,353 tCO2e market-based).
Social Achievements
- Achieved 0 workplace accidents or injuries for the fifth consecutive year.
- Voluntary employee turnover rate of 5% and involuntary turnover rate of 2%, below industry standards.
- More than 25 patient panels and listening sessions held in 10 countries.
- Launched the podcast “Untold Stories: Life with Myasthenia Gravis,” reaching 97,000 downloads.
Governance Achievements
- Complied with best practice principles set out in the Dutch Corporate Governance Code (except for certain principles relating to remuneration policy).
- 99.4% of employees completed Code of Business Conduct and Anti-Bribery Policy training.
Climate Goals & Targets
Environmental Challenges
- Ensuring diverse enrollment in clinical trials for rare diseases.
- Managing GHG emissions across global operations.
Mitigation Strategies
- Proactive outreach, patient education, and accessibility considerations in clinical trials.
- Implemented GHG Protocol for emissions calculation and will adapt methodologies in future reporting years.
Supply Chain Management
Supplier Audits: 100% of planned audits completed
Responsible Procurement
- Collaboration with Lonza and Fujifilm for manufacturing.
- Adherence to FDA's current good manufacturing practices.
- Participation in Rx-360 audit program.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB Standards for Biotechnology & Pharmaceuticals