RaySearch Laboratories AB (publ)
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- High level of patient and product safety
- Optimized resources and efficiency enhancements for the highest quality and reduced environmental impact
- Attractive employer with an innovative culture and committed employees
- High ethical standards
Environmental Achievements
- Reduced environmental impact through digital collaboration and remote work, minimizing business travel and on-site training.
Social Achievements
- Welcomed 70 new employees, increasing the workforce by about 4 percent.
- Maintained a high percentage of women (34 percent) in the global workforce.
- Achieved an Employee Net Promoter Score (eNPS) of 33.
- Low sickness absence rate (1.5 percent) in the Parent Company.
Governance Achievements
- No confirmed corruption incidents or legal disputes related to anti-competitive practices.
- 95 percent of employees completed compliance training.
- Ten business partners signed the Code of Conduct Compliance Form.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting work arrangements and employee well-being.
- Maintaining productivity while transitioning to remote work.
- Ensuring employee safety during business travel.
- Preventing and identifying mental health problems in remote employees.
Mitigation Strategies
- Adjusted induction program for new employees.
- Arranged global social activities virtually and in the new office.
- Offered employees the possibility of taking office chairs and technical tools home.
- Continued to offer private health insurance and occupational health services.
- Provided training in the area of discrimination and harassment.
Supply Chain Management
Responsible Procurement
- Modern Slavery Statement prepared annually.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 13485
UN Sustainable Development Goals
- SDG 3
Contributing to better cancer treatment to save and prolong lives, and to improve quality of life for patients.
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:601 tCO2e/year
Scope 1 Emissions:5.47 tCO2e/year
Scope 2 Emissions:44.40 tCO2e/year
Scope 3 Emissions:555.40 tCO2e/year
ESG Focus Areas
- Innovative software development
- Strategic partnerships
- Attractive employer
Environmental Achievements
- Mapped GHG emissions for the first time, totaling 601 tonnes of CO2e in 2023.
Social Achievements
- Employee turnover decreased from 19.2% in 2022 to 10.2% in 2023.
- eNPS score of +14.
Governance Achievements
- 95% of employees completed compliance training in 2023.
- No confirmed corruption incidents reported in 2023.
Climate Goals & Targets
Environmental Challenges
- Risk of deficiencies in patient safety, product safety, and data security.
- Risk of skills shortage.
- Risk of unethical business relationships.
- Risk of losing key employees.
- Risk of physical and mental stress due to heavy workload.
- Risk of environmental impact.
Mitigation Strategies
- Robust quality assurance system reviewed annually.
- Code of Conduct and Anti-corruption Policy implemented.
- HR processes and policies to retain talent.
- Health & Safety Policy, Staff Rehabilitation Policy, Policy Against Discrimination, Harassment and Victimization, and Whistleblowing Policy implemented.
- Annual employee satisfaction surveys conducted.
- Environmental Management System Policy created.
Supply Chain Management
Responsible Procurement
- Code of Conduct applies to suppliers; modern slavery statement prepared annually.