Climate Change Data

Biotage AB (publ)

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

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:24% (at headquarters)
Total Energy Consumption:61.5 kWh per 1,000 KGBP
Water Consumption:1,955 m3
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced solvents in Cardiff production by 7.2% in 2019
  • Increased manufacturing efficiency in relation to production volumes of silica and polymer-based materials
  • Installed scrubbers in Cardiff to eliminate air pollutant emissions
  • 24% of overall electricity consumption at headquarters generated by solar panels

Social Achievements

  • Welcomed nearly 70 new employees
  • Implemented a new global HR system to improve corporate culture, values, and employee well-being
  • Employee turnover in the Biotage group decreased to 8.1% (from 17% in 2018)
  • Sick leave in Sweden decreased to 3.7% (from 2% in 2018)

Governance Achievements

  • Completed acquisition of PhyNexus, Inc.
  • Implemented routines and procedures for all subsidiaries with clear rules regarding the jurisdiction and authorization procedure for payment approval
  • No cases of corruption reported
  • No violations reported through the global whistleblower system

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to COVID-19 pandemic
  • Potential for lower market shares and reduced profitability due to intense competition
  • Currency risk due to a significant proportion of sales in USD, EUR, JPY, and GBP
  • Increased interest-bearing liabilities due to large investments
Mitigation Strategies
  • Building up inventories of selected products in strategically selected locations
  • Focusing on customer needs to outperform competitors
  • Using hedging instruments to reduce currency risk
  • Managing liquidity risk through liquidity planning and monitoring, maintaining good relations with lending institutions and major shareholders

Supply Chain Management

Supplier Audits: 5 audits carried out in 2019

Responsible Procurement
  • Supplier Performance Management System to monitor supplier compliance with the Code of Conduct
  • Contracts with suppliers stipulate requirements for worker rights, health and safety, the environment, non-discrimination, and diversity

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: IFRS, UN Global Compact

Certifications: ISO 14001 (Cardiff factory)

Third-party Assurance: Deloitte AB

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Automated separation solutions that minimize the need for consumables and solvents

Awards & Recognition

  • 2019 SwedenBIO Award