Sisram Medical Ltd
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Energy Consumption:10.99 KWh/US’000 of sales
Waste Generated:1.3 tons (Alma Lasers)
Carbon Intensity:4.90 kgCO2-eq/US$1,000 of sales (Alma Lasers)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced total energy consumption density by 18% compared to 2021 (10.99KWh/US’000 of sales)
- Alma Lasers reduced electricity consumption intensity by 58% compared to 2020 (4.08 kWh/US$1,000 of sales)
- Alma Lasers reduced non-hazardous waste production by 21% compared to 2021 (1.3 tons)
Social Achievements
- Conducted employee satisfaction surveys in 9 countries with a 4.05 score out of 5
- Filled 23% of open leadership positions with existing employees
- Launched Alma’s Employee Academy, a Group-wide training and development platform
- Provided over 5,597 training hours for employees at Alma Lasers
Governance Achievements
- Established a top-down ESG governance structure
- Conducted materiality analysis to prioritize ESG topics
- Complied with all applicable laws and regulations in all operating countries
- Zero violations or penalties of environmental protection laws and regulations
Climate Goals & Targets
Short-term Goals:
- Reduce electricity consumption intensity to 7.88 kWh/US$1,000 of sales (20% reduction compared with 2020)
- Reduce GHG emissions intensity to 9.19 kgCO2-eq/US$1,000 of sales (17% reduction compared with 2020)
Environmental Challenges
- Global supply chain risks associated with long lead times of electronic components and material price changes
Mitigation Strategies
- Actively promoted the procurement of strategic materials
- Expanded production lines capacity by recruiting additional manpower
- Procured required raw materials a year ahead to avoid shortages
Supply Chain Management
Supplier Audits: Annual supplier audits
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity and frequency of extreme weather events
- Long-term changes such as sea level rises and excessive heat
Transition Risks
- Emerging regulation
- End-user preferences
Opportunities
- Energy source
- Low emission products development
Reporting Standards
Frameworks Used: ESG Reporting Guide (2019 Edition)
Reporting Period: 2023
Environmental Metrics
Carbon Intensity:5.13 kgCO2-eq/USD$1,000 of sales
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced electricity intensity to 4.73 kWh/USD$1,000 of sales (51% reduction compared with 2020)
- Reduced GHG emissions intensity to 5.13 kgCO2-eq/USD$1,000 of sales (54% reduction compared with 2020)
- Continued recycling and reuse of non-hazardous waste
Social Achievements
- 48% new female hires
- 9.30% open leadership positions filled with existing employees
- Conducted employee satisfaction survey in 11 countries with 4.19 score points (full score: 5)
Governance Achievements
- Published ESG report in accordance with the HKEx reporting guide
- Established a top-down ESG governance structure
- Conducted materiality assessments to identify relevant ESG issues
Climate Goals & Targets
Short-term Goals:
- Reduce electricity consumption intensity to 7.88 kWh/US$1,000 of sales (20% reduction compared with 2020)
- Reduce GHG emissions intensity to 9.19 CO2 global to CO2 eq/US$1,000 of sales (17% reduction compared with 2020)
- Continue to take measures to keep water consumption at a relatively low level
- Continue to reduce non-hazardous waste production through source reduction, reusing and recycling
Environmental Challenges
- Macroeconomic risks (economic cycles, political unrest, armed conflicts, etc.)
- Legal and compliance risks (unexpected application of laws and regulations)
- Third-party risks (actions or failures from third parties)
- Risk of insufficient supply of raw materials
- Exchange rate risk
Mitigation Strategies
- Expanding direct operations offices infrastructure
- Cost control mechanisms
- Engaging legal advisors in different jurisdictions
- Monitoring program on business agreements
- Strategic purchasing of raw materials and spare parts
- Regularly hedging currency risk
Supply Chain Management
Supplier Audits: Annual supplier audit
Climate-Related Risks & Opportunities
Physical Risks
- Increased severity and frequency of extreme weather events
- Long-term changes such as sea level rises and excessive heat
Transition Risks
- Emerging regulation (eco-design regulations)
- End-user preferences (growing demand for eco-friendly products)
Opportunities
- Energy source (transition towards renewable energy)
- Low emission products development
Reporting Standards
Frameworks Used: HKEx reporting guide