Climate Change Data

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.