Guerbet
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:40,162 tCO2eq/year (industrial plants, excluding Montreal)
Total Energy Consumption:182,850 MWh/year (industrial plants, excluding Montreal)
Water Consumption:929,477 m3/year (industrial plants, excluding Montreal)
Waste Generated:6,092 tons/year (industrial plants, excluding Montreal)
ESG Focus Areas
- Environmental Performance
- Social Responsibility
- Governance
- Health and Safety
- Business Ethics
- Human Rights
- Supply Chain Responsibility
Environmental Achievements
- Decrease in relative GHG emissions from energy consumption in the industrial plants by 16% (vs. 2017)
- Reduction of total waste generated by industrial plants by 23% in absolute terms and 21% in relative terms compared to 2017
- Improved iodine recovery at the Lanester plant
Social Achievements
- Decrease in accident frequency rate by 50% (vs. 2017)
- Launched a global referral recruitment program
- Implemented a solidarity plan with donation of days off for employees affected by reduced compensation
Governance Achievements
- Adopted the Afep-Medef Corporate Governance Code
- Established an independent alert line for ethical concerns
- Revised the Group’s Ethics Charter
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Improve EBITDA margin to ensure strong, sustainable growth
- Reduce relative water consumption by 25% by 2023
- Reduce relative energy consumption by 25% by 2023
- Reduce TRIR to 0.5 by 2023
- More than 40% female senior executives by 2023
Short-term Goals:
- 2021 EBITDA growth with margin at least equal to 2020 (14.1%)
- Obtain first marketing authorizations for Gadopiclenol in 2023
Environmental Challenges
- COVID-19 pandemic impacting market demand and operations
- Supply chain disruptions
- Growth of generic versions of Dotarem®
- Regulatory changes in medical devices
Mitigation Strategies
- Implemented a crisis management plan
- Optimized industrial organization and cost control
- Developed alternative sourcing strategies
- Implemented measures to ensure compliance with new regulations
Supply Chain Management
Supplier Audits: Annual assessments using the "Pestel" method, HSE evaluation table incorporated into quality audits
Responsible Procurement
- Ethical Purchasing Charter
- Supplier Code of Ethics
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather phenomena
Transition Risks
- Regulatory changes (carbon tax, energy efficiency)
- Resource scarcity
Opportunities
- Increased customer demand for sustainable products
- Innovation in energy-efficient technologies
Sustainable Products & Innovation
- ScanBag® by Xenetix®
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Employee safety
- Environment
- Ethics
Social Achievements
- Ranked 147th overall and 12th in the Healthcare and Pharmaceutical business sector in Le Point's 2022 list of most responsible companies in France.
- Awarded an A rating in the Helpévia sustainable development questionnaire.
Governance Achievements
- Obtained a B rating from CDP in the Climate Questionnaire for the third consecutive year.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Ranked 10th in the national rankings of the Gaïa-Index.
- Ranked 147th overall and 12th in the Healthcare and Pharmaceutical business sector in Le Point's 2022 list of most responsible companies in France.
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:34,489 tCO2e/year (Scopes 1 & 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:185,009 MWh/year
Water Consumption:973,494 m3/year
Waste Generated:13,794 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Human Resources
- Health and Safety
- Environmental Impact
- Business Ethics
- Responsible Use of Laboratory Animals
Environmental Achievements
- US FDA marketing authorization for Elucirem™, an MRI innovation requiring half the gadolinium dose compared to existing products, reducing environmental footprint.
- Adoption of a Climate Strategy with emission reduction targets for direct and indirect emissions by 2032, aligned with a "Well below 2°C" trajectory.
Social Achievements
- Successful industrialization of Elucirem™ in French and US plants.
- Workforce stabilization by the end of 2022 despite high employee turnover in the US.
- Acquisition of a 39% stake in Intrasense, a medical imaging software company specializing in AI, strengthening AI ambitions.
Governance Achievements
- Separation of Chairperson of the Board of Directors and Chief Executive Officer functions.
- Adoption of the Afep-Medef Corporate Governance Code (with some deviations noted).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve at least a "Well below 2°C" trajectory by 2032 (27.5% reduction in Scopes 1 & 2 emissions, 13.75% reduction in Scope 3 emissions).
Short-term Goals:
- Reduce TRIR by 64% between 2017 and 2023.
- Reduce relative water consumption by >25% at industrial plants between 2017 and 2023.
- Reduce relative energy consumption by >25% at industrial plants between 2017 and 2023.
Environmental Challenges
- Supply chain disruptions due to global events (COVID-19, inflation, conflicts).
- High employee turnover, especially in the US.
- Rising energy costs.
- Production delays at the Raleigh plant affecting Optiray® and pre-filled syringes.
Mitigation Strategies
- Production largely located in Europe and the US to limit supply risks.
- Workforce stabilization measures implemented.
- Existing purchasing policies and contracts absorbed rising energy costs.
- Addressing Raleigh plant production delays through prioritization of Elucirem™ production and increased hiring.
Supply Chain Management
Supplier Audits: Several times a year using the "Pestel" method for strategic suppliers.
Responsible Procurement
- Supplier Code of Ethics
- Medium- and long-term supply agreements
- Second source qualification for strategic raw materials.
Climate-Related Risks & Opportunities
Physical Risks
- Severe and chronic weather phenomena (temperature, drought, precipitation, natural disasters)
Transition Risks
- Resource scarcity
- Stringent regulations
- Reputational issues
Opportunities
- Energy efficiency improvements
- Renewable energy adoption
Reporting Standards
Frameworks Used: SBTi
Certifications: ISO 14001 (Dublin plant)
Third-party Assurance: Independent third-party verification of non-financial performance statement
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Elucirem™ (reduced gadolinium dose)
- Xenetix® eco-designed packaging (Scanbag®)
Awards & Recognition
- 2021 Loire-Brittany water award (Lanester plant)
- 2021 LEEM CSR award (Lanester plant)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:49,390 tCO2e/year (constant emission factor), 52,665 tCO2e/year (updated emission factors)
Renewable Energy Share:100% in Rio de Janeiro plant
Total Energy Consumption:184,163 MWh/year
Water Consumption:1,025,560 m3/year
Waste Generated:11,610 tons/year
ESG Focus Areas
- People
- Planet
- Business Ethics
Environmental Achievements
- Reduced scopes 1 & 2 emissions by 27.5% between 2021 and 2032
- Reduced scope 3 emissions by 3.5% between 2021 and 2032
- Recycles 4,500 metric tons of solvents in Dublin and more than 200 metric tons of iodine in Lanester annually.
- Opened a solar farm at its Dublin plant in December 2023.
Social Achievements
- Launched Elucirem™, reducing patients' gadolinium exposure by half.
- Acquired a majority stake in Intrasense to become a major player in AI for medical imaging.
- Doubled sales in China since 2021 (at constant exchange rates).
- Doubled sales in Japan in three years following the “Go-Direct” initiative.
Governance Achievements
- Adopted the Afep-Medef Corporate Governance Code.
- Separated the functions of Chairperson of the Board and CEO.
- Implemented a robust risk management system aligned with the three lines of control.
Climate Goals & Targets
Long-term Goals:
- Reduce scopes 1 & 2 emissions by 27.5% between 2021 and 2032
- Reduce scope 3 emissions by 3.5% between 2021 and 2032
Medium-term Goals:
- Achieve revenue growth of more than 8% in 2024 at constant scope and CER
- Achieve higher restated EBITDA margin rate than in 2021 (14.4%)
- Achieve positive free cash flow over the full year 2024
Short-term Goals:
- Reduce incident rate to 0.5
Environmental Challenges
- Inflation on raw materials (iodine), components, and packaging.
- Supply chain disruptions due to geopolitical tensions and raw material scarcity.
- Cybersecurity risks and information system failures.
- Climate change related physical and transition risks.
Mitigation Strategies
- Cost control policies and negotiations with suppliers.
- Alternative sourcing strategies and inventory adjustments.
- Enhanced cybersecurity measures, including training and system upgrades.
- Climate risk assessment, decarbonization roadmap, and energy efficiency measures.
Supply Chain Management
Responsible Procurement
- Ethical Purchasing Charter
- Supplier Code of Ethics
- CSR criteria in supplier selection
Climate-Related Risks & Opportunities
Physical Risks
- Severe weather events impacting industrial plants and suppliers
Transition Risks
- Resource scarcity
- Regulatory changes
- Reputational risks
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: Afep-Medef Code, CSRD, SBTi
Certifications: ISO 14001 (Dublin plant)
Third-party Assurance: Independent third-party organization
UN Sustainable Development Goals
- Goal 3 (Good Health and Well-being)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Guerbet's activities contribute to these goals through its contrast media, medical devices, and sustainable development initiatives.
Sustainable Products & Innovation
- Elucirem™ (reduced gadolinium dose)
- ScanBag® by Xenetix® (eco-designed packaging)
Awards & Recognition
- Gaïa Index gold level
- CDP climate & water level B
- Statista ranking (120th out of 250 companies, 9th in health and pharmaceutical category)