Redsense Medical AB
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Good health and well-being
- Gender equality
- Decent work and economic growth
- Industry, innovation and infrastructure
- Patient safety
- Environmental impact reduction
- Ethical business practices
- Supply chain management
- Product safety
- Ethical marketing
Environmental Achievements
- Facilitates home hemodialysis, reducing transport emissions and carbon footprint per treatment
Social Achievements
- Balanced gender representation on the Board of Directors and management
- Upholding the right of association for employees
- Compensation for loss of income during parental leave
- Focus on job satisfaction and employee well-being
- Commitment to ethical marketing practices
Governance Achievements
- Compliance with relevant medical device regulations (EU MDD, MDR, US FDA, Canadian MDR)
- Implementation of a Code of Conduct with a whistleblower policy
- Annual briefing on the Code of Conduct for all employees
- Annual evaluation of suppliers
Climate Goals & Targets
Environmental Challenges
- Single-use sensor patch is not recyclable and only recovered for energy
- Long-term hemodialysis associated with significant consumption of water, energy, and medical consumables
- Affordability and pricing of dialysis treatment
- Supply chain management
Mitigation Strategies
- Environmental impact assessment included in product development
- Optimization of the supply chain from a sustainability perspective
- Minimizing environmental impact of products at all stages
- Sustainable material choices within application restraints
- Evaluation, selection, and monitoring of suppliers based on resources, competencies, and abilities to deliver according to standards
Supply Chain Management
Supplier Audits: Annual evaluation through contracts
Responsible Procurement
- Evaluation of suppliers based on resources, competencies, and abilities to deliver according to standards
- Expectation of compliance with internationally recognized principles of anti-corruption, occupational safety and health, and human rights
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals, SASB (Sustainability Accounting Standards Board)
Certifications: ISO 13485
UN Sustainable Development Goals
- Goal 3: Good health and well-being
- Goal 5: Gender equality
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation and infrastructure
Redsense's product contributes to safer hemodialysis, promotes gender equality, supports decent work practices, and drives innovation in medical technology.