BioAgilytix
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Energy Consumption and GHG Emissions
- Materials, Chemicals, and Waste
- Supplier Environmental and Biodiversity Practices
- Diversity, Equity, and Inclusion
- Employee Health, Safety, and Well-being
- Talent Development
- Community Engagement
- Responsible Governance Practices
- Quality and Regulatory Compliance
- Ethical Business Practices
- Responsible Information Management
Environmental Achievements
- Reduced plastic waste by switching reagent troughs to a more sustainable option at headquarters, forecasted to reduce plastic waste by 80% and biohazard waste by 23%
- Implemented compostable cutlery in on-site cafeterias
- Collected Scope 1 and 2 emissions data across all sites
- Established emissions baseline
- Initiated Scope 3 mapping and data collection
Social Achievements
- Hired Rebecca New, Chief People Officer
- Implemented comprehensive ESG policy outlining commitment to DEI
- Launched People Manager training across all sites
- Launched Employee Resource Groups (ERGs)
- Regularly hosted initiatives to aid the local community, including blood drives (78 units donated in 2024), participation in local charity runs (€90,000 raised), and back-to-school drives
Governance Achievements
- Implemented a comprehensive ESG policy
- Published first annual sustainability report
- Davide Molho, CEO, appointed Board member accountable for ESG
- Maureen Marchek, CFO, stepped in as non-Board Executive Chair of the Sustainability Committee
- Conducted process mapping and review exercises to determine areas for improvement in quality and regulatory compliance
Climate Goals & Targets
Short-term Goals:
- Develop an emissions reduction roadmap
- Implement data management system to ensure consistent and accurate reporting
- Complete Scope 3 data collection
- Ensure 50% of top suppliers by spend have signed Supplier Code of Conduct by end of 2025
Environmental Challenges
- Reducing electricity usage to decrease GHG emissions
- Minimizing landfill waste and biohazard waste
- Increasing recycling for non-hazardous waste
- Ensuring 50% of top suppliers by spend have signed Supplier Code of Conduct by end of 2025
Mitigation Strategies
- Developing an emissions reduction roadmap
- Implementing data management system to ensure consistent and accurate reporting
- Completing Scope 3 data collection
- Evaluating additional opportunities to reduce landfill waste and biohazard waste
- Evaluating opportunities to increase recycling for non-hazardous waste
- Implementing standard reporting methodology across all sites
- Publishing Supplier Code of Conduct
- Implementing Sustainable and Ethical Sourcing and Procurement Policy
- Developing a supplier engagement plan in line with emissions reduction roadmap
Supply Chain Management
Responsible Procurement
- Ethical and Sustainable Procurement Policy
- Supplier Code of Conduct