Climate Change Data

genedrive plc

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:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Maintained a regular CEO Town Hall programme during the year.
  • Not disclosed

Governance Achievements

  • Appointed Russ Shaw as Chief Financial Officer.
  • Annual review of Board effectiveness.
  • Reviewed and revised the Audit and Risk Committee’s Terms of Reference.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Limited sales traction due to the timing of COVID-19 test approvals.
  • Delays in the uptake of the AIHL test due to lack of funding or slow speed to get the test written into clinical guidance.
  • Reliance on certain key suppliers of raw materials and components, including microchips.
  • Loss-making and going concern challenges until a portfolio of profitable diagnostics assays is built.
Mitigation Strategies
  • Clear strategy for COVID-19 assays and regular Board discussions.
  • Close working relationship with Inspiration Healthcare and a new business development team to promote and progress product adoption.
  • Contractual arrangements with suppliers, secondary suppliers scoped, and selective forward buying of key components.
  • Seeking non-dilutive sources of funding and managing cash consumption as a key Board metric.

Supply Chain Management

Supplier Audits: Regular evaluation of quality, service and performance using onsite and offsite audits

Responsible Procurement
  • Balancing economical requirements with environmental, social and ethical considerations

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