PharmaEssentia Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Less than 5,000 metric tons of CO2e
Renewable Energy Share:0%
Waste Generated:33.8 metric tons
Carbon Intensity:0.86 tCO2e per NT$ million in 2023
ESG Focus Areas
- Corporate Governance
- Environmental Sustainability
- Drug Quality and Safety
- Employee Well-being
- Patient Access
Environmental Achievements
- Reduction in GHG Emission Intensity by 42%
- Decrease in Energy Consumption Intensity by 52.3%
- Reduction in total energy consumption by 1.7% with installation of new equipment
- Taichung plant successfully passed the Japan PDMA inspection
- 6.62 million liters of water recycled and reused at Taichung plant
- Zero violations in pollution control
Social Achievements
- Launched MPN iCare platform in collaboration with the Taiwan MPN Care Association
- Introduced the SOURCE support program and BESREMi.com platform in the US subsidiary
- Initiated patient support programs in the Japanese subsidiary
- Over 6,200 patients treated with Ropeg (BESREMi®)
- 43 patients benefited from compassionate use programs
- Crude birth rate of newborns in Taiwan headquarters is about 2.2%, which is about 3.8 times higher than the crude birth rate of 5.82‰ in Taiwan
- Employee turnover rate <10%
- Employee growth rate of 19.1%
- 100% completion rate for employee performance assessments
Governance Achievements
- 100% attendance rate by Board of Directors and Compensation Committee
- Zero data security breaches
- Zero violations of Business Integrity and Code of Conduct
- Zero complaints of human rights violations
- Completed MSCI ESG assessment, receiving an “AVERAGE” rating within the BB range
- Ranked in the 98th percentile among global biotech companies in S&P Global Corporate Sustainability Assessment (CSA)
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Achieve 30% renewable energy
- Implement a Data Management Platform (DMP) for File Encryption
Short-term Goals:
- Reduce water consumption
- Achieve net-zero emissions by 2050
- Implement ISO 14001 Environmental Management System
- Obtain ISO 27001 Certification
Environmental Challenges
- Supply chain disruptions due to climate events
- Transition risks from regulatory changes and market shifts related to climate change
- Potential financial losses from carbon fees and energy-related taxes
- Potential material shortages and increased transportation costs due to climate change
- Potential operational interruptions due to natural disasters
Mitigation Strategies
- Established alternative sourcing strategies for raw materials
- Implemented the TCFD framework to enhance climate risk management
- Increased safety stock levels
- Implemented various energy-saving and carbon-reduction measures
- Strengthened SCM to maintain safety stock and develop alternative material sources
- Developed business continuity plans
Supply Chain Management
Supplier Audits: 100% completion rate for internal reviews and on-site audits
Responsible Procurement
- Group Supplier Code of Conduct
- Quality Agreements
- ESG questionnaires
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Droughts
Transition Risks
- Regulatory changes related to carbon emissions
- Market shifts towards renewable energy
Opportunities
- Carbon reduction benefits from improved resource efficiency
- Market opportunities from investing in renewable energy
Reporting Standards
Frameworks Used: GRI Standards (General Standard 2021), SASB Biotechnology industry standards, TCFD, UN Global Compact, AA1000 Type 1
Certifications: ISO 14064-1 (Taichung Plant), GMP (Taichung Plant)
Third-party Assurance: AFNOR Asia Ltd (Moderate Assurance)
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 5 (Gender Equality)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation, and Infrastructure)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 16 (Peace, Justice, and Strong Institutions)
- SDG 17 (Partnerships for the Goals)
Initiatives align with SDGs through various programs and commitments
Sustainable Products & Innovation
- BESREMi® (Ropeg)
Awards & Recognition
- 2023 Asia-Pacific Enterprise Awards – Corporate Excellence Award
- 2023 APSAA Asia-Pacific Sustainability Action Awards - Silver Award
- TSAA Taiwan Sustainability Action Awards - Bronze Award
- 16th Taiwan TCSA Sustainability Reporting: Healthcare Industry - Platinum Award
- 6th Global Corporate Sustainability Award, GCSA: Bronze Award
- 25th Technology Management Award for the Enterprise Team Award
- Inclusion in S&P Global 2024 Sustainability Yearbook