Climate Change Data

OSSDSIGN AB (publ)

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

Social Achievements

  • Launched OssDsign CranioPlug, the company’s first off-the-shelf volume product engineered for easy bone-flap fixation and burr-hole coverage.

Governance Achievements

  • Listed the company on Nasdaq First North Growth Market.
  • Assumed control of all US operations.
  • Granted nationwide reimbursement in France.
  • Received the final award contract from the UK National Health Service (NHS).

Climate Goals & Targets

Environmental Challenges

  • The COVID-19 pandemic resulted in a reduced level of incoming orders and postponement of elective surgeries.
Mitigation Strategies
  • OssDsign is confident that the reduced order levels will be transient and procedure volumes will return to pre-pandemic levels once hospital priorities normalize.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • OssDsign Cranial PSI
  • OssDsign Cranial Accessories
  • OssDsign CranioPlug
  • OssDsign Facial

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Workforce Diversity
  • Work Environment
  • Environmental Policy
  • Quality Targets

Social Achievements

  • Moved into new, larger, brighter, and more comfortable headquarters in Uppsala, improving the work environment.
  • Maintained low staff turnover (except at executive management level).
  • Positive spread in workforce age range with 42% women.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacted sales and operations, leading to postponed elective surgeries and limited access to hospitals.
  • Potential delays in development projects and market acceptance of new products.
Mitigation Strategies
  • Successfully transitioned US commercial operations to a fully owned subsidiary.
  • Continued to monitor the effects of COVID-19 and adapt strategies accordingly.
  • Implemented structural improvements to strengthen the company's position for future growth.
  • Secured financing through a rights issue.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: KPMG