PHAXIAM Therapeutics
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Waste Generated:0.6 tons/year (recycled)
ESG Focus Areas
- Social
- Governance
- Environmental
Environmental Achievements
- Implemented ecologically responsible paper management practices (electronic document management, double-sided printing, eco-friendly paper).
Social Achievements
- Merged with Pherecydes Pharma, integrating teams in Lyon.
- Gender Equality Index of 89/100 in France.
- No work accidents or occupational illnesses recorded in 2023.
Governance Achievements
- Separated the functions of Chairman of the Board of Directors and Chief Executive Officer.
- Established an Audit Committee, a Remuneration and Appointments Committee, and a Clinical Strategy Committee.
Climate Goals & Targets
Long-term Goals:
- Become a global leader in phage therapy.
Medium-term Goals:
- Achieve clinical data readings and obtain catalysts with high potential for long-term value creation in 2024.
Short-term Goals:
- Complete financing and establish a partnership in 2024.
Environmental Challenges
- Competition from other companies developing phage therapy or alternative solutions.
- Risk of losing key employees.
- Need for additional funding to continue operations.
- Regulatory hurdles in obtaining marketing authorizations.
- Uncertainty regarding product pricing and reimbursement.
Mitigation Strategies
- Implementing a management remuneration policy with performance-based variable remuneration and dilutive instrument plans.
- Evaluating various sources of financing, including equity instruments, debt, and partnerships.
- Developing a robust supply chain and tailored processes for treatment delivery.
- Engaging in proactive regulatory dialogue with authorities.
- Conducting pharmaco-economic studies to demonstrate cost-effectiveness.
Supply Chain Management
Responsible Procurement
- Selection of suppliers with CSR policies where possible.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Middlenext Code