Laboratorios Richmond S.A.C.I.F
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:1,986 tCO2e (calculated based on provided data)
Total Energy Consumption:4,172,676 KWh (Pilar Plant)
Water Consumption:25,072 m3
Waste Generated:58.62 tons
ESG Focus Areas
- Economic
- Social
- Environmental
Environmental Achievements
- Re-certification of ISO 14001:2015 for environmental management system
- Reduction in hazardous waste generation due to improvements in secondary packaging
Social Achievements
- Opened the educational laboratory “Jorge Di Pascuale” for pharmacy students
- Launched 7 new products, including the first biosimilar oncology product and first generics for high-cost treatments
- Supported FUNDACEN's “Dr. Manuel Sadosky” scholarship program
Governance Achievements
- Successfully completed the bidding of the financial trust Proyecto V.I.D.A. to finance a biotechnology plant
- 2020 Corporate Governance report assessed as “Very Good” by the Comisión Nacional de Valores
Climate Goals & Targets
Environmental Challenges
- Global pandemic impacting new product registration
- Supply chain disruptions due to the pandemic and new projects (UPAP plant and Sputnik V vaccine)
Mitigation Strategies
- Implemented hybrid work system
- Proactive supplier management and coordination for UPAP plant and Sputnik V vaccine projects
- Expanded communication channels for client interaction during pandemic restrictions
Supply Chain Management
Responsible Procurement
- All raw material suppliers comply with Good Manufacturing Practices (GMP)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, Sustainable Development Goals (SDG), UN Global Compact, ISO 26000 Standard
Certifications: ISO 14001:2015
Sustainable Products & Innovation
- ZUTRAB (biosimilar)
- EURIT (generic)
- HIPERVAL PLUS (generic)
- ZEVUVIR ABC (co-pack)
- ADDENTA
- TELCARDIA
- INIBCO
- INTRART
Awards & Recognition
- Best Health-care Company 2021 (Fortuna Awards)
- Best Businessperson of the Year 2021 (Marcelo Figueiras, Fortuna Awards)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1,737 tCO2e
Water Consumption:25,597 m3
Waste Generated:67.816 tons
ESG Focus Areas
- Corporate Governance
- Human Capital
- Clients
- Environment
- Community
- Suppliers
Environmental Achievements
- Maintained ISO 14001:2015 certification
- Decreased power consumption in the UPEF plant's granulator
- Reduced hazardous waste generation (Y2 waste) through improved packaging
Social Achievements
- Provided training to 123 students at the “Jorge Di Pascuale” Educational Laboratory
- Offered Sadosky Scholarships
- Ran internship programs
- Organized a “My First Job” workshop and a talk on preventing STDs and addictions
Governance Achievements
- Increased female representation on the Board of Directors
- Implemented a Corporate Ethics reporting mechanism
- Received a “Very Good” assessment from the Comisión Nacional de Valores on its 2020 Corporate Governance report
Climate Goals & Targets
Short-term Goals:
- Reduce power consumption by 5% in the UPEF plant's granulator (ongoing)
Environmental Challenges
- Global challenges like the pandemic and armed conflict
- Discontinuation of the Sputnik V vaccine technology transfer agreement
- Supply chain disruptions due to international shipping delays and price fluctuations of raw materials
Mitigation Strategies
- Developed new alliances (e.g., with CanSino Biologics)
- Continued communication with suppliers and developed alternative sourcing strategies
- Made advance procurement based on new lead times
Supply Chain Management
Responsible Procurement
- Supplier evaluation survey (SOP GE 064-Re-08)
- Equal opportunities for tendering
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, Sustainable Development Goals (SDG), UN Global Compact, ISO 26000 Standard
Certifications: ISO 14001:2015
Awards & Recognition
- Patricio Carballés recognized as one of the best in-house lawyers in Argentina
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1360 tCO2e/year
Total Energy Consumption:2,675,068 Kwh/year
Water Consumption:3,325,100 m3/year
Waste Generated:56,411 kg/year
ESG Focus Areas
- Environmental Sustainability
- Social Impact
- Governance
Environmental Achievements
- Implemented a state-of-the-art device to measure energy consumption in real time at the Pilar Plant.
- Replaced an existing compressor with a new, more efficient one.
- Replaced existing light fixtures with LED lights.
- Decreased hazardous waste generation through improvements in secondary packaging processes.
Social Achievements
- Launched QUARXOM®, the first oral blood thinner developed by Laboratorios Richmond.
- Launched ZUCIVA®, a hypoglycemic drug used to control Type 2 diabetes.
- Launched YDESIB®, a first-line selective and reversible inhibitor for cancer treatment.
- Successfully implemented the SAP system across the whole operations chain.
- Continued collaboration with local communities to foster their development.
- Maintained a safe, inclusive, and enriching work environment for employees.
Governance Achievements
- Increased the participation of female directors on the Board of Directors.
- Maintained ISO 14001:2015 certification.
- Implemented a Corporate Ethics link on the company intranet for anonymous reporting of ethical breaches.
Climate Goals & Targets
Environmental Challenges
- Adverse general economic environment
Mitigation Strategies
- Teamwork guided by corporate pillars of value, access, and sustainability to maintain and strengthen position in the pharmaceutical industry.
Supply Chain Management
Responsible Procurement
- Supplier evaluation survey (SOP GE 064-Re-08)
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, Sustainable Development Goals (SDG), United Nations Global Compact, ISO 26000 Standard
Certifications: ISO 14001:2015