Climate Change Data

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)