Climate Change Data

Biotalys NV

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Food waste and Loss
  • Environmental Product Impact
  • Human Capital
  • Innovation Management

Environmental Achievements

  • Increased EVOCA’s bioactive ingredient production efficiency by 50 to 70% through development of multiple proprietary yeast strains.
  • Implemented various sustainability initiatives across five working groups (Sustainability in the Lab, Green Environment, Green Mobility, Re-use/Re-cycle, and Well-being), including reducing lab consumables, reusing dry ice, and planting 900 trees.

Social Achievements

  • Appointed Kevin Helash as CEO and Douglas Minder as CFO.
  • Organized various team activities, including a family day, 10th-anniversary party, and melon pear growing contest.
  • Implemented a Diversity, Equity & Inclusion policy and a ‘disconnection’ policy for work-life balance.

Governance Achievements

  • Appointed Patrik Haesen as a new Board member.
  • Established a Scientific Advisory Committee to provide strategic scientific and technology advice.

Climate Goals & Targets

Long-term Goals:
  • Positioning itself as a leader in the development of protein-based biocontrol solutions.
Medium-term Goals:
  • Driving the portfolio of product candidates forward.
  • Exploring potential collaborations.
  • Maximizing the company’s ability to create long-term value for its stakeholders.
Short-term Goals:
  • Securing US registration of EVOCA.

Environmental Challenges

  • Protracted US regulatory approval process for EVOCA.
  • Significant challenges for the entire agtech industry due to geopolitical and macroeconomic factors, including climate change, inflationary pressures, and a risk-averse investment climate.
Mitigation Strategies
  • Refreshed the management team and sharpened the focus of the R&D organization.
  • Shifted to the second-generation AGROBODY technology platform (AGROBODY 2.0) for more targeted product development.
  • Entered a strategic partnership with Syngenta Crop Protection for bio-insecticide development.
  • Successfully closed a private placement for EUR 7 million.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • Goal 2: Zero Hunger
  • Goal 12: Responsible Consumption and Production
  • Goal 13: Climate Action

Biotalys' activities contribute to reducing food waste, minimizing environmental impact, and promoting sustainable agriculture.

Sustainable Products & Innovation

  • Evoca
  • BioFun-6
  • BioFun-4
  • BioFun-7
  • BioIns-2

Awards & Recognition

  • Top 100 status in Forward Fooding’s FoodTech 500 list