Pro Medicus Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:98.6 tCO2e/year
Scope 1 Emissions:96.7 tCO2e/year
Scope 2 Emissions:2 tCO2e/year
Water Consumption:730.4 m3/year
ESG Focus Areas
- People
- Climate
- Responsible Artificial Intelligence (AI)
Environmental Achievements
- Scope 1 emissions: 96.7 tCO2e (FY22: 114.6 tCO2e)
- Scope 2 emissions: 98.6 tCO2e (FY22: 116.5 tCO2e)
- Water consumption: 730.4 KL (FY22: 925.7 KL)
Social Achievements
- Employee turnover decreased from 5.29% to 2.90%
- Zero workplace injuries
- Percentage of women across the organisation increased slightly to 23.60%, while 17.17% remain in managerial roles.
- Updated Diversity, Equity and Inclusion Policy
Governance Achievements
- Implementation of a Group Remuneration Policy
- Implementation of people initiatives following a strategic HR review
- First Employee Engagement Survey conducted
Climate Goals & Targets
Long-term Goals:
- Carbon neutral
Environmental Challenges
- Increased currency risk due to overseas operations
- Risk of fraud/inappropriate conduct
- Changes in market competition
- Cyber security risks
- Security of private data
- Succession planning for key executives
- Technology obsolescence
- IP issues
- Climate change (identified as a lower impact risk)
Mitigation Strategies
- Periodic financial reconciliations, Delegation of Authority policy, periodic cyber security reviews, external audits
- Long-term contracts, continuous product development, proactive customer engagement
- Regular reporting on key client satisfaction, automation of performance analysis
- Internal control measures
- Internal control measures, system backups
- ISO27001 risk assessments and audit compliance
- Strategic HR review, succession planning framework
- Frequent interaction with customers and industry leaders, continuous R&D
- Insurance, agreements, ownership of key patents, active surveillance
- Governance and risk perspective considered by the Board and management
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: International Integrated Reporting Framework (IIRF)
Third-party Assurance: EY (Financial Statements and Remuneration Report)
Awards & Recognition
- Best in KLAS award