Climate Change Data

Environmental Metrics

ESG Focus Areas

• Animal welfare
• Employee well-being
• Ethical business practices
• Environmental sustainability

Environmental Achievements

• Procedures in place for chemical and waste management, energy-efficient technical equipment, digital meetings and source-separated recycling. Headquarters connected to Medicon Village’s energy-efficient ectogrid™ system.

Social Achievements

• Strengthened connection between employee engagement and company goals; measured customer satisfaction and conducted work environment surveys; employee survey showed high levels of pride in working at SenzaGen (9.28/10); wellness allowance offered to employees in Lund; focus on maintaining a good work-life balance to avoid stress and illness.

Governance Achievements

• Frameworks in place based on the UN Global Compact’s ten principles, including a code of conduct covering human rights, working conditions, the environment and anti-corruption; separate anti-corruption directives; zero-tolerance policy for all forms of corruption; GLP-approved lab operations in Lund and Milan; quality management system in Lund compliant with ISO 9001 principles.

Climate Goals & Targets

Environmental Challenges

• Uncertainty concerning market growth, product development, supplier agreements; potential need to raise additional capital; risk of losing key personnel; potential for increased competition; impact of external factors such as inflation, exchange rates, interest rates, supply and demand; challenges in expanding to new countries and regions; potential for delays in product development; product liability risks; dependence on suppliers and partners meeting obligations.

Mitigation Strategies

• Secured an overdraft facility from SEB backed by a guarantee from the European Investment Fund (EIF); cost-conscious operations; improved gross margin; proactive measures to mitigate risks related to suppliers, partners, and market fluctuations; ongoing investment in research and development; robust insurance coverage for product liability.

Supply Chain Management

Responsible Procurement

• Expecting business partners to apply similar ethical standards and principles

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001 (Lund), ISO 9001 and ISO 13485 (Milan), OECD TG 442E (GARD®skin)

UN Sustainable Development Goals

• SDG 3: Good Health and Well-being
• SDG 8: Decent Work and Economic Growth
• SDG 16: Peace, Justice and Strong Institutions

SenzaGen's non-animal testing contributes to safer products and reduces reliance on animal testing; the company fosters a positive work environment and promotes employee well-being; ethical business practices contribute to stronger governance and human rights.

Sustainable Products & Innovation

• GARD® and VitroScreen ORA® platforms for non-animal testing

Awards & Recognition

• Deloitte Sweden Technology Fast 50