CureVac
Climate Impact & Sustainability Data (2022, 2023, 2024)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Increased workforce from an average of 440 in 2019 to over 1000 in 2022.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Potentially initiate pivotal Phase 3 trial for CV0501 in 2024 (contingent on discussions with regulatory authorities).
Short-term Goals:
- Initiate Phase 2 clinical study for CV0501 (COVID-19 vaccine) later in 2023.
- Initiate Phase 1/2 study for multivalent Flu SV mRNA (influenza vaccine) in Q2 2023.
- Initiate proof-of-principle study in oncology (Glioblastoma Multiforme) in Q2 2023.
Environmental Challenges
- Continued business disruption from inflation, supply chain issues, labor shortages, commodity price increases (including due to the war in Ukraine), and lingering effects of the COVID-19 pandemic.
- Dependence on strategic partnerships for research, development, and commercialization.
- Lengthy and expensive clinical drug development process with uncertain timelines and outcomes.
- Regulatory approval processes are lengthy, time-consuming, and unpredictable.
- Complex mRNA-based medicine manufacturing.
- Reliance on third parties for clinical trials and other tasks.
- Uncertainty regarding governmental, private health insurer, and third-party payor coverage and reimbursement for product candidates.
- Competition from other companies developing similar products.
- Potential for undesirable side effects from product candidates.
- Limited financial and managerial resources.
- Maintaining compliance with regulations as a public company.
- Cyberattacks or other IT system failures.
- Managing growth and expansion.
- ESG matters and related social expectations and concerns.
Mitigation Strategies
- Implementing measures to remediate material weaknesses in internal control.
- Establishing strategic partnerships.
- Investing in manufacturing infrastructure and capabilities.
- Focusing on specific product candidates and indications.
- Implementing security measures to protect IT systems and data.
- Developing disaster recovery and business continuity plans.
- Improving managerial, operational, and financial systems.
- Recruiting and training additional qualified personnel.
- Monitoring and responding to ESG developments.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Ethical Behavior
- Integrity
- Human Rights
- Environmental Protection
Governance Achievements
- Established a Code of Conduct
- Implemented a Whistleblowing Policy
- Defined processes for handling conflicts of interest
- Established data protection guidelines
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- ESG compliance considered in supplier selection
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Human Rights
- Labor Standards
- Ethics
- Environmental Protection
- Supply Chain Responsibility
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Compliance with this Supplier Code of Conduct
- Adherence to applicable laws and regulations
- Implementation of due diligence measures to prevent human rights or environmental violations
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Pharmaceutical Industry Principles for Responsible Supply Chain Management, Ten Principles of the United Nations Global Compact, United Nations Guiding Principles on Business and Human Rights, OECD Guidelines for Multinational Enterprises, International Labour Organization conventions