Climate Change Data

SPINEWAY Société anonyme

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Finalizing a project for a digital catalog and dematerialization of technical brochures, as well as the deployment of a mobile and tablet application, reducing the printing of documentation.
  • Designed a scalable and reusable stand structure (congresses, trade shows), reducing waste linked to the destruction of single-use joinery.

Social Achievements

  • Reinforcement of experience within the teams with the arrival of a sales director and an experienced R&D director.
  • Acquisition of DISTIMP, expanding products and services and strengthening commercial positions in France.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Become a reference medium-sized European player in the spine.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Financial risks (dilution of share capital, liquidity risk)
  • Risks related to external growth operations (slower than expected implementation)
  • Risks related to activity and market (impact of Covid-19 pandemic, competitive environment)
  • Third-party risks (dependence on international distribution network, dependence on production suppliers)
  • Legal risks (regulatory constraints, intellectual property protection)
Mitigation Strategies
  • Strengthening equity through capital increases and bank debt, including government support measures (PGE).
  • Careful attention to complementarity of people and securing operational and support aspects of external growth projects.
  • Deployment of a new marketing plan, commercial policy, and focus on a dual product positioning (Premium and Gold standard).
  • Referencing and quality approval of several suppliers, diversification of products towards titanium.
  • Effective regulatory monitoring, appointment of a new notifying body (TÜV Rheinland), securing current product portfolio until May 2024.

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: ISO 13485

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

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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Digital catalog and technical brochure dematerialization project
  • Deployment of a mobile and tablet application to reduce the need for printed documentation
  • Designed an upgradeable and reusable stand structure (for conventions and trade shows), which reduces waste
  • Deployed electronic signature management throughout the Group, speeding up dematerialization and limiting printing

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

  • Substantial working capital requirements due to delays in receivable collections and high inventory levels
  • Late deliveries from subcontractors
  • Increased competition in the spinal surgery market
  • Dependence on international distribution network
  • Dependence on production suppliers for specific supplies and processes
  • Regulatory constraints, particularly at the European level
  • Risks relating to the protection and control of the Company's intellectual property rights
  • Risks relating to the Company's liability for defective products
Mitigation Strategies
  • Austerity plan to return to profitability
  • Range rationalization plan to reduce working capital requirements
  • New marketing plan and sales policy
  • Strengthening ties with leading surgeons
  • Development of innovative technologies and new products
  • Developing the customer portfolio to reduce dependence on distributors
  • Prospecting for higher value-added markets
  • Regulatory monitoring and mobilization of substantial budgets
  • Streamlining quality management at Group level
  • Civil liability insurance covering liability in the event of defective products

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: ISO 13485

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed