Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Fisheries
• Drug Development
• Health and Nutrition
• Responsible Consumption and Production
• Innovation

Environmental Achievements

• Raw material (immature herring roe) sourced from sustainable fisheries.

Social Achievements

• Developing an innovative psoriasis drug to address an unmet medical need and improve patients’ health and quality of life.
• Uses naturally occurring compounds to improve patients’ health and contribute to the population’s sufficient nutrition.

Governance Achievements

• The company’s operations are in alignment with UN Sustainability Development Goals 3, 9, 12 and 14.

Climate Goals & Targets

Environmental Challenges

• Outcome of drug development is highly uncertain.
• Drugs inevitably have side effects.
• Some components that cannot be recycled during the herring roe extraction go to waste waters and can burden the environment.
• Climate change can increase water temperature and adversely affect herring populations.
• Scientific evidence about the effects of omega-3 fatty acids is inconclusive in some areas.
• Psoriasis therapies and omega-3 nutritional supplements are competitive markets.
• The R&D of new drugs is inherently risky.

Mitigation Strategies

• Communication with authorities and stakeholders to comply with legislation.
• Dedicated personnel for quality assurance and regulatory affairs.
• Nutritional supplements have minimal levels of environmental contaminants in compliance with GOED.
• Management has extensive experience in drug development and established partnerships.
• Short supply chain and conducts most of its operations locally to minimise the harmful effects of shipping.
• Actively engaged in R&D to explore the effects of omega-3 fatty acids.
• Collaborates with several partners and stakeholders and actively seeks new connections to support its drug development efforts.
• Aims to constantly improve and develop to prepare for future challenges.

Supply Chain Management

Responsible Procurement

• Short supply chain and conducts most of its operations locally.

Climate-Related Risks & Opportunities

Physical Risks

• Climate change can increase water temperature and adversely affect herring populations.

Reporting Standards

Frameworks Used: UN Sustainability Development Goals 3, 9, 12 and 14

UN Sustainable Development Goals

• Goal 3
• Goal 9
• Goal 12
• Goal 14

The company’s operations are in alignment with UN Sustainability Development Goals 3, 9, 12 and 14. It works towards improved nutrition and health, is engaged in innovation, is committed to responsible consumption and production, and aims to preserve life below water.