Sequana Medical NV
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Social Achievements
- Received MDSAP certification in November 2021, expanding its quality management system to the US and Canada.
Governance Achievements
- Established a remuneration policy approved by the annual general meeting of shareholders on May 27, 2021.
Climate Goals & Targets
Environmental Challenges
- The outbreak of the coronavirus (COVID-19) or another infectious disease outbreak or other serious public health problem could lead to delays in Sequana Medical's clinical studies and could negatively impact its supply chain and workforce.
- Sequana Medical is subject to many risks, including those related to global events, clinical development, regulatory approvals, financial situation, and commercialization and reimbursement.
- The Russian invasion of Ukraine could have a destabilizing impact on Sequana Medical's operations, both directly as a result of the conduct of studies in neighboring countries and indirectly through the impact on global macroeconomic conditions.
Mitigation Strategies
- Sequana Medical is continuously improving its treatment with the alfapump, leading to a clear increase in clinical results.
- Sequana Medical has implemented a risk management and control structure in accordance with the Belgian Code of Companies and Associations and the 2020 Belgian Corporate Governance Code.
- Sequana Medical is continuously monitoring the situation regarding the impact of COVID-19 and the geopolitical situation in Ukraine on its ability to secure additional funding rounds or to undertake transactions in the capital market.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Certifications: MDSAP
Third-party Assurance: PwC Bedrijfsrevisoren BV