Starpharma Holdings Limited
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- A voluntary partial clinical hold was implemented on a trial using Starpharma's technology due to asymptomatic reported events.
Mitigation Strategies
- The events were assessed as not related to Starpharma’s DEP® dendrimer. The hold does not impact Starpharma’s platform technology, other clinical DEP® programs, or partnerships.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:15.04 tCO2e/year (Scope 1 and 2)
Scope 1 Emissions:15.04 tCO2e/year (approx.)
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:259 kl/year (estimated)
Waste Generated:42,240 kg/year (general waste), 57,400 kg/year (recyclables)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Our People
- Products and Patient Health
- Governance
Environmental Achievements
- Implemented measures to decrease energy usage, including automatic power shut-off and energy-efficient LED lighting, resulting in a 30% reduction in printing.
- Consistently employed a contract waste collector, resulting in consistent waste and recycling amounts (42,240 kg general waste and 57,400 kg recyclables annually over three years).
- Transitioned from paper-based laboratory notebooks to e-notebooks, contributing to reduced printing.
Social Achievements
- Achieved Great Place to Work® certification for the second consecutive year.
- Maintained a low voluntary employee turnover rate of 11.8% (FY23: 12.2%).
- Implemented five internal promotions and role/title changes.
Governance Achievements
- Implemented an electronic Quality Management System (eQMS) in FY23.
- No material breaches related to its Code of Conduct during the reporting period.
- No investigations or findings related to breaches of anti-bribery and anti-corruption laws.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Relatively low annual water usage makes setting a target to lower consumption currently infeasible.
- Managing potential material risks and opportunities arising from a changing global climate and environmental landscape.
Mitigation Strategies
- Educating employees on efficient water use and consumption.
- Incorporating climate-related risks into broader risk management processes, monitored by the Audit and Risk Committee and overseen by the Board.
- Implementing control measures to prevent, reduce, or mitigate downside risks and increase the likelihood of opportunities being realized.
Supply Chain Management
Supplier Audits: Regular on- and off-site audits of key suppliers
Responsible Procurement
- Supplier Code of Conduct addressing modern slavery, anti-bribery, fair competition, health and safety, environment, data privacy, confidentiality, conflicts of interest, and insider trading.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: UN Sustainable Development Goals, Ten Principles of the UN Global Compact, SASB Biotechnology and Pharmaceuticals Industry Standard
Certifications: ISO 13485 (Product Manufacturing), Great Place to Work®
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 8: Decent Work and Economic Growth
- Goal 13: Climate Action
Innovating and developing sustainable products, improving health and wellbeing, facilitating employment opportunities, complying with good governance procedures, and abiding by commitments to governance, environment, and gender equality.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Great Place to Work® Certification