Climate Change Data

CellaVision AB (publ)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:539 tons (474 tons in 2022)
Carbon Intensity:0.8 kg CO2/kSEK (2023)

ESG Focus Areas

  • Efficient and Higher Quality Healthcare
  • Caring for People
  • Protecting the Planet
  • Sound Business Practices

Environmental Achievements

  • Achieved 100% online training in relation to total training.
  • Successfully completed capacity expansion of reagent factory in Bordeaux, France, incorporating energy-efficient features.
  • Reduced CO2 emissions from business travel (though the ratio increased slightly to 0.8 kg CO2/kSEK).

Social Achievements

  • Introduced a new Intranet and HR system to improve communication and employee engagement.
  • Offered CPR and first aid training, wellness group activities, and increased healthcare allowance for employees.
  • Maintained a low employee absentee rate (10% for sick leave 1-13 days).
  • Launched CellaVision Classroom Initiative to offer hematology educators digital resources.

Governance Achievements

  • No reports of whistleblowing or events associated with corruption, cartel formation, or lack of business ethics.
  • Updated whistleblowing system to comply with EU Directive and national laws.
  • Conducted annual training to ensure employee understanding and compliance with the Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Maximize leading position in hematology laboratories.
  • Explore new analytical spaces with FPM technology.
Medium-term Goals:
  • Sustain double-digit growth of the reagent business.
  • Achieve ISO 14001:2015 certification for Reagents function.
Short-term Goals:
  • Launch of DIFF-Line by distribution partners (rescheduled for Q1 2024).

Environmental Challenges

  • Inventory management adjustments by distribution partners in the first months of 2023, mostly in the Americas and parts of Europe.
  • Cost pressure from price increases in components.
  • Uneven gender distribution within Executive Management.
  • Potential for non-compliance with local requirements for good employment conditions by distribution partners.
  • Risk that environmental work at the Reagents function does not fulfill the requirements of ISO 14001.
Mitigation Strategies
  • Successfully executed capacity expansion program of reagent factory.
  • Implemented cost-cutting measures (e.g., cost-effective LED-table).
  • Actively working with inclusive communication to attract and retain more diverse candidates.
  • Continuously monitoring new and smaller distribution partners to ensure compliance with local requirements.
  • Continued investments in production facility to ensure ISO 14001 certification.

Supply Chain Management

Responsible Procurement
  • Supplier evaluations using PESTLE model, consideration of standards and certificates.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products (reduced electricity consumption when not in use).

Reporting Standards

Frameworks Used: GRI, UN Sustainable Development Goals

Certifications: ISO 14001:2015 (Devices & Software function)

Third-party Assurance: KPMG AB

UN Sustainable Development Goals

  • 3: Good health and well-being
  • 4: Quality education
  • 5: Gender equality
  • 8: Decent work and economic growth
  • 9: Industry, innovation and infrastructure
  • 10: Reduced inequalities

The company's products and initiatives contribute to these goals through improved healthcare, employee well-being, training and education, and sustainable business practices.

Sustainable Products & Innovation

  • CellaVision Remote Review Software (reduces transportation of samples)
  • CellaVision Proficiency Software (reduces need for physical training materials)
  • RAL MCDh™ (methanol-free staining formula)