Ion Beam Applications SA
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Low Carbon, Low Waste Products
- Low Carbon, Low Waste Company
- Diverse, Equitable and Inclusive Workplace
- Company Accountable to Sustainability
Environmental Achievements
- Decreased logistics CO2 emissions by 96% in the US with a new reverse logistics process.
- Launched research on environmental applications of electron-beam technology, particularly for capturing forever chemicals (PFAs).
Social Achievements
- Launched Oncia Community, a public utility foundation supporting access to holistic cancer care.
- Employee bonus matched the dividend paid to shareholders.
- Implemented MyChoice plan in selected countries to better align salary benefits with individual employee needs.
Governance Achievements
- Completed B Corp recertification in April 2024 with a score of 114 points.
- Established a whistleblower platform in line with Belgian, European, and international standards.
Climate Goals & Targets
Long-term Goals:
- Net zero GHG emissions by 2030
Medium-term Goals:
- Reduce operations’ net GHG emissions to zero by 2030 (reduce infrastructure and mobility impacts by at least 50% below 2018 levels by 2030).
- Achieve an average annual revenue growth rate of 15% over the 2022-2026 period.
- Reach a recurring earnings before interest and taxes (REBIT) equivalent to about 10% of total sales by 2026.
Short-term Goals:
- Reduce unsorted waste intensity by a factor of 3x below 2018 levels by 2025.
Environmental Challenges
- Significant investments in future growth of the business alongside some delays in backlog conversion (Proton Therapy).
- Soft landing in the medical device sterilization market in 2023.
- Geopolitical situation and economic uncertainties.
- Supply chain disruptions.
Mitigation Strategies
- Accelerating backlog conversion.
- Agile and targeted investment approach.
- Developing a new portfolio of services and end-to-end solutions.
- Bolstering regional presence in the US.
- Implementing eco-design practices.
- Investing in solutions for environmental remediation.
Supply Chain Management
Supplier Audits: Partnered with Ecovadis to map the social and environmental performance of main Tier 1 suppliers.
Responsible Procurement
- Code of Conduct for Suppliers
- Conflict Minerals report
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions disrupting supply chain
Transition Risks
- Carbon pricing mechanisms increasing costs
Opportunities
- Development of new energy-efficient products and services
Reporting Standards
Frameworks Used: GRI Standards: GRI 1: Foundation 2021
Certifications: B Corp
Sustainable Products & Innovation
- Rhodotron electric accelerator
- Cyclone®KIUBE cyclotron
- New generation Rhodotron®
- ConformalFLASH® technology
- DynamicARC® proton therapy delivery technique
- AKURACY® integrated solution for Cardiac PET imaging
- Cyclone®KEY cyclotron
Awards & Recognition
- 5 stars at the Belgian “Active Bike” challenge