Climate Change Data

Expedeon AG

Climate Impact & Sustainability Data (2017, 2018)

Reporting Period: 2017

Environmental Metrics

Social Achievements

  • 40% of the SYGNIS Group's workforce were women in 2017.

Governance Achievements

  • The company received shareholder approval for a share option program for the board.

Climate Goals & Targets

Environmental Challenges

  • High risk profile inherent in the Life Science industry.
  • Rapidly changing market and competitive landscape.
  • Risk of insufficient market demand for products.
  • Risk of not being able to in-license suitable projects.
  • Risks associated with acquiring companies (integration challenges, shareholder dilution).
  • Potential challenges to patent rights.
  • Difficulty in attracting and retaining qualified personnel.
  • Securing sufficient funding for growth.
  • Risks related to tax loss carryforwards.
  • Financial risks (interest rate, credit, liquidity, and currency risks).
  • Potential impact of Brexit on UK assets.
Mitigation Strategies
  • Strict cost control measures.
  • Diversification of products and distribution channels.
  • Thorough analysis of new projects (technical and market aspects).
  • Evaluation of various funding options.
  • Monitoring of outstanding customer invoices and payment receipt.
  • Long-term agreements with distributors to minimize default risks.
  • Continuous monitoring of environmental, health, and safety regulations.
  • Consultation with internal and external experts to manage legal and regulatory risks.
  • Creation of provisions for potential risks.
  • Monitoring the potential impact of Brexit.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2018

Environmental Metrics

Social Achievements

  • Proportion of women in the total workforce of the Expedeon Group was 40% in 2018.

Governance Achievements

  • Issued declaration of compliance with the German Corporate Governance Code in accordance with Sec. 161 AktG.

Climate Goals & Targets

Environmental Challenges

  • Weakening market sentiment affecting share price.
  • Going concern assumption was a key management focus.
  • Brexit uncertainty impacting UK based assets and activities.
Mitigation Strategies
  • Implemented stringent cost control measures.
  • Prepared business plan for 2019 anticipating positive EBITDA.
  • Created a Brexit Steering Committee to appraise developments and potential impact.
  • Reviewed supplier and customer relationships and built up key inventories.
  • Worked with logistics partners to ensure contingency plans and processes are in place.
  • Worked to ensure alternative supply and production routes are available.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft