Climate Change Data

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