Epigenomics AG
Climate Impact & Sustainability Data (2017-2023e, 2019 to 2025e, 2021-06 to 2021-06, 2022, 2022e, 2023-01 to 2023-03)
Reporting Period: 2017-2023e
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Insufficient funds to complete clinical trials for Epi proColon NEXT-GEN.
Mitigation Strategies
- Anticipating additional debt funding in 2023e.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Epi proColon NEXT-GEN
Reporting Period: 2019 to 2025e
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
- Not disclosed
Environmental Achievements
- Not disclosed
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
- Considerable funding required for clinical development of Epi proColon “Next-Gen”, constrained funding environment.
Mitigation Strategies
- Deal with New Day Diagnostics (NDD) to transfer assets and receive milestone payments and royalties.
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Epi proColon “Next-Gen”
Awards & Recognition
- Not disclosed
Reporting Period: 2021-06 to 2021-06
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
- Not disclosed
Environmental Achievements
- Not disclosed
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
- Missing reimbursement in the US for Epi proColon.
- Fewer doctors' visits and resulting check-ups due to the Covid-19 pandemic.
- Low level of sales.
Mitigation Strategies
- Seeking reimbursement via legislation (Donald Payne Colorectal Cancer Detection Act).
- Appealing the negative NCD reimbursement decision.
- Developing a Next-Gen version of Epi proColon to meet new reimbursement criteria.
- Planning a capital measure (issuance of a convertible bond) to finance clinical study and operations.
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Financial difficulties requiring a financing partner.
- Discontinuation of Epi proColon sales and recall of sold tests.
- Employee reduction at Berlin and San Diego sites.
Mitigation Strategies
- Implementation of restructuring measures to cut costs.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022e
Environmental Metrics
Environmental Challenges
- Significant financing requirements (EUR 130m) for the commercialization of Epi proColon “Next-Gen”.
Mitigation Strategies
- Seeking to raise the required capital.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-01 to 2023-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Restructuring of the company leading to discontinued research and development activities.
- Significant financing requirements (EUR 130m) for the materialization of the business case.
- Resignation of CEO and CFO.
Mitigation Strategies
- Conserving cash to last until mid-2025.
- Seeking out-licensing and/or asset sale for Epi proColon “Next-Gen”.