Climate Change Data

Pharmaron Beijing Co., Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Beijing headquarters certified as meeting ISO 14001 requirements in early 2024.
  • Piloted green electricity and biomass energy application in multiple domestic and overseas campuses, gradually increasing the proportion of renewable energy use.
  • CDP (Carbon Disclosure Project) climate questionnaire rated B.

Social Achievements

  • Developed and piloted a Diversity and Inclusion program.
  • Organized a number of academic activities.
  • Rated as “2023 ESG Industry Top Related Company” in Sustainalytics rating and evaluated as a “low risk” company.
  • Selected as the “ESG Best Practice Case of Listed Companies” of China Association for Public Companies in 2023.
  • Won the honors of ESG Top 50 of China’s Listed Companies in 2023 and the 17th Green Low Carbon Outstanding Contribution Award of China’s Listed Companies.

Governance Achievements

  • Improved compliance system.
  • Adjusted the structure of the Board from 11 to 9 members.

Climate Goals & Targets

Environmental Challenges

  • Significant fluctuation of the global financing environment forced the biopharmaceutical industry to enter a major restructuring phase.
  • Intensified global geopolitical tension put the CRO/CDMO industry under unprecedented pressure.
  • Impact of global biotech funding environment and the temporary slowdown of the growth of customer demands.
Mitigation Strategies
  • Remained committed to long-term growth strategies and made necessary adjustments for future growth.
  • Actively expanded customer base, introducing over 800 new customers.
  • Further enhanced integrated service lines and rapidly expanded into new drug modalities.
  • Enhanced global operations and contracted more late-stage projects through a unique “hybrid model”.
  • Continuously invested in AI, green chemistry and “proteomics, gene-editing and HTS integrated technologies”.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi, UN Global Compact

Certifications: ISO 14001

Awards & Recognition

  • 2023 ESG Industry Top Related Company
  • ESG Best Practice Case of Listed Companies
  • ESG Top 50 of China’s Listed Companies
  • 17th Green Low Carbon Outstanding Contribution Award