Island Pharmaceuticals Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Social Outcomes (Combating Dengue Fever)
- Patient Safety
- Board Diversity
- Business Ethics
Social Achievements
- Development of ISLA-101 to combat dengue fever, a priority disease affecting millions.
- Prioritizes patient safety in clinical trials, leveraging existing safety data of repurposed drug.
Governance Achievements
- Development of a Diversity Policy.
- Commitment to the highest ethical standards and compliance with anti-bribery and corruption laws.
- Establishment of a Remuneration and Nomination Committee.
Climate Goals & Targets
Long-term Goals:
- Identify lead molecules from research collaborations.
Medium-term Goals:
- Screen, enroll, and dose subjects in the PEACH trial.
- Advance through PEACH cohorts and obtain trial readout.
Short-term Goals:
- Commence the Single Ascending Dose study for ISLA-101.
- Obtain readouts from the Single Ascending Dose study.
Environmental Challenges
- Securing IND clearance for ISLA-101 program (Clinical Hold)
- Additional capital requirements for R&D activities.
- Intellectual property challenges and potential infringement of third-party IP.
- Inherent risks in research and development, including potential for product ineffectiveness or unsafety.
- Regulatory approvals process.
Mitigation Strategies
- Collaboration with the FDA to resolve IND issues and obtain clearance.
- Continuous evaluation of R&D data for new uses and partnering opportunities.
- Strengthening of the team with regulatory and pharmacokinetics expertise.
- Leveraging pre-existing clinical data for ISLA-101 to expedite clinical trials.
- Selection of highly credentialed clinical trial partners.
Supply Chain Management
Supplier Audits: Not disclosed
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Third-party Assurance: Not disclosed
Sustainable Products & Innovation
- ISLA-101