Climate Change Data

Aquaporin A/S

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Water sustainability
  • Sustainable Development Goals (SDGs)
  • Environmental responsibility
  • Human rights
  • Diversity & Inclusion

Environmental Achievements

  • Became a signatory to the UN Global Compact
  • Joined the UN SDG Accelerator Program
  • Developed and commercialized biomimetic water membranes for households and industrial use, contributing to water conservation and reduced plastic bottle consumption.

Social Achievements

  • Maintained a diverse workforce with 22 different nationalities and 40% non-Danish employees; 41% female employees overall, though lower representation at managerial levels.
  • Implemented in-house initiatives (Aquaporin Academy, Aquaporin Art, Aquaporin Garage) to foster an open-minded and multifaceted workplace.
  • Conducted employee surveys to understand and improve employee well-being.

Governance Achievements

  • Applied adequate corporate governance practices informed by the “Recommendations for Corporate Governance” issued by the Danish Committee on Corporate Governance.
  • Established an Audit Committee, a Remuneration Committee, and a Nomination Committee.
  • Implemented a risk management approach with quarterly reporting to the Audit Committee.

Climate Goals & Targets

Long-term Goals:
  • World-leading in protein-enhanced water purification.
Medium-term Goals:
  • Develop and mature Seawater desalination technology.
Short-term Goals:
  • Bring first Point of Use Drinking water solutions to market.
  • Continue development of installations in Industrial water treatment, with a special focus on textile wastewater.

Environmental Challenges

  • High dependence on delivering value-creating solutions to customers.
  • Potential risks associated with product supply (emergency situations, lack of raw materials).
  • Risks related to health and safety of employees.
  • Financial risks related to currencies, funding, liquidity, credit, and counterparties.
  • The impact of COVID-19 on operations and financial performance.
Mitigation Strategies
  • Established a global sales organization to understand regional preferences and build value-creating solutions.
  • Implemented a preventative approach to inventory management, including contingency inventories of critical raw materials.
  • Implemented several initiatives to ensure a healthy psychosocial and physical working environment for employees.
  • Actively addressed financial risks to mitigate potential material impacts on the Group’s financial position.
  • Implemented cost reductions in April 2020 in response to COVID-19 uncertainty.

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001:2015, NSF

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 14 (Life Below Water)

Aquaporin's products and technologies aim to contribute to saving clean water, improving access to drinking water, and sustainable water management.

Sustainable Products & Innovation

  • Aquaporin Inside® Tap Water membranes
  • Forward osmosis products for industrial water treatment

Reporting Period: 2020

Environmental Metrics

Renewable Energy Share:100% at headquarters and production site

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Shifted energy sources to renewables only at headquarters and production site in Lyngby.
  • Continuously review production steps to eliminate the CO2 footprint of our products.

Social Achievements

  • Launched ZERO water purifier, providing point-of-use solutions for households.
  • Maintained a range of in-house initiatives such as art exhibitions, an Academy for students and our Garage for talented innovators.

Governance Achievements

  • Business practices comply with all relevant laws.
  • Corporate governance efforts are voluntarily guided by the Recommendations for Corporate Governance as issued by the Danish Committee on Corporate Governance.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Build first installations in Southeast Asia in 2021.
  • Revenue to be in the range of DKK 15 to 20 million in 2021.
Short-term Goals:
  • Expand portfolio of Drinking Water products in 2021.
  • Launch ONE water purifier in 2021.

Environmental Challenges

  • COVID-19 pandemic impacted activities, primarily postponing planned pilot installations in Asia.
  • Challenges in delivering value-creating solutions to customers and end-users due to regional preferences.
Mitigation Strategies
  • Implemented cost reductions to adjust the organization in April 2020.
  • Established a global sales organization to understand regional preferences and build value-creating solutions.

Supply Chain Management

Responsible Procurement
  • Code of Conduct ensures responsible sourcing.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001:2015, NSF

Sustainable Products & Innovation

  • ZERO water purifier
  • ONE water purifier (planned)