Climate Change Data

Environmental Metrics

Social Achievements

• Recruited Peter Andersson as Sales and Marketing Manager and Maria Bohlin as Quality Coordinator.

Governance Achievements

• Anna Dalgaard appointed as new Chair of the Board and Karin Dahllöf as new board member.

Climate Goals & Targets

Environmental Challenges

• Market: Uncertainty about customer willingness to pay and adoption of Hemcheck's concept; risk of more efficient/cheaper competitor concepts.
• Financing: Need for external capital until positive cash flow is achieved.
• Technology: Dependence on suppliers for components; risk of supply chain disruptions.
• Key Personnel: Difficulty in recruiting and retaining competent employees.
• Agreements: Cross-licensing agreement with Calmark Sweden AB limits Hemcheck's future expansion into Calmark's business area.

Mitigation Strategies

• The company is working to identify alternative suppliers.
• The board continuously assesses short- and long-term liquidity needs and has been authorized to conduct a new share issue if necessary.
• Hemcheck is working to create a fair, diverse, and safe workplace with high job satisfaction and pride. Competence development and an inspiring work environment are important for Hemcheck's employees to be able to utilize their full potential.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Improved patient outcomes by significantly reducing hemolysis frequency in blood samples, as demonstrated in a clinical study with Capio S:t Görans sjukhus. 100% of Capio employees involved in the study wanted to continue using Hemcheck's solution.
• Listed as one of the top ten upcoming medical technology companies in Europe by MedTech Outlook.

Governance Achievements

• Patent application for filter solution approved by USPTO.

Climate Goals & Targets

Environmental Challenges

• The COVID-19 pandemic caused postponed customer meetings, product tests, and canceled trade shows, leading to delays in commercialization.

Mitigation Strategies

• The company closely monitored the situation and its supply chains were not affected.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Listed as one of the top ten upcoming medical technology companies in Europe by MedTech Outlook.

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Successfully completed several evaluation studies at British university hospitals.
• Achieved compliance with the new European IVDR regulation.
• CE-marked its products for diagnostic purposes.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Loss of Capio S:t Göran as a customer in 2021, resulting in decreased revenue.
• Difficult capital market conditions during the first half of the year.
• Capital needs to continue operations and commercialization.

Mitigation Strategies

• Successfully completed a rights issue, raising approximately SEK 7.5 million before emission costs.
• Reduced personnel and external consultants to lower ongoing costs.
• Focusing on increased sales, cost-cutting, and evaluating potential strategic partnerships.

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: K3 (Swedish accounting standards)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed