Idorsia Pharmaceuticals Ltd
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:982.8 tCO2e (Scope 1 & 2)
Scope 1 Emissions:475.0 tCO2e
Scope 2 Emissions:507.8 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (headquarters electricity)
Total Energy Consumption:15781 MWh
Water Consumption:33.68 ML
Waste Generated:305.1 tons
Carbon Intensity:Not disclosed
ESG Focus Areas
- Advancing science and healthcare
- Safeguarding and developing talent and fostering diversity
- Compliance and business ethics
- Environmental impact management
Environmental Achievements
- Substantially reduced carbon emissions since founding (specific figures not provided, but a 65% reduction by 2023 compared to 2016 is mentioned for Switzerland, and a 90%+ reduction in oil consumption since 2018 due to woodchip burner installation)
- 100% hydropower electricity supply at headquarters in 2023
- Reduced total waste by 44 tons compared to 2022 (12.7% reduction)
Social Achievements
- Launched QUVIVIQ™ in several markets across the EU and secured reimbursement from significant US payors
- Implemented an all-employee equity program ('Ambition 2027')
- Offered various programs to support employee mental health and well-being globally
- Proactive gender pay equity analysis conducted and results confirming equal pay published
Governance Achievements
- Established a robust governance framework including policies, standard operating procedures, and guidelines to drive a culture of integrity
- Implemented mandatory training on Code of Business Conduct for all employees
- Incorporated climate-related risks into the Enterprise Risk Management (ERM) process
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Increase energy efficiency by 4.7% and decrease CO2 emissions by 20% at headquarters from 2016 to 2025 (agreement with Federal Offices for the Environment and Energy)
Short-term Goals:
- Not disclosed
Environmental Challenges
- Financial challenges impacting ability to invest in new sustainability initiatives, collect data, and monitor impact
- Staff reductions due to financial constraints
- Lower-than-anticipated product sales and a difficult global financial environment
Mitigation Strategies
- Sold operating businesses in Asia-Pacific (excluding China) to give the company more time to create sustainable value
- Strengthened innovative portfolio by reacquiring worldwide rights to aprocitentan
- Focused on activities crucial to maximizing the time the company has to deliver commercial success with its products
Supply Chain Management
Supplier Audits: 22 (82%) of key suppliers assessed for environmental and social impacts through IntegrityNext
Responsible Procurement
- Use of IntegrityNext platform for supplier qualification and monitoring
- Screening of suppliers based on social and environmental criteria (anti-bribery, environmental protection, human rights, conflict minerals, etc.)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI 2021 Standards, TCFD (initial assessment completed)
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed