Climate Change Data

Laerdal Medical

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

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:Reduced carbon intensity of products and components by 18% from 2019 to 2023

ESG Focus Areas

  • Carbon emissions
  • Circular economy
  • Social responsibility
  • Diversity, Equity, and Inclusion (DEI)
  • Human rights

Environmental Achievements

  • 10% reduction in scope 1 and 2 carbon emissions from 2022 to 2023
  • 17% reduction in residual waste from 2022 to 2023 in Stavanger
  • 68% carbon emission reduction in Little Anne CPR manikin
  • 93% carbon emission reduction in SimMan packaging
  • 70% carbon emission reduction in new AED trainer
  • 15.3% reduction in scope 2 emissions since 2019 despite increased manufacturing volumes
  • Reduction of air freight from 8.2% in 2019 to 1.3% in 2023

Social Achievements

  • Safer Births program saved more than 1,000 mothers and babies in the last three years
  • 90% of employees participated in the annual employee perspective survey
  • 37% female representation in leadership, reaching 40% in top leadership by early 2024
  • 47% of new hires in 2023 were women
  • Updated company values through a collaborative employee process
  • Launched Laerdal Impact Awards to recognize sustainability initiatives from employees and suppliers

Governance Achievements

  • Updated Code of Conduct for Business Relationships aligning with UN Guiding Principles on Business and Human Rights (UNGPs)
  • Enhanced human rights performance monitoring using EcoVadis
  • Established a CSR Leadership Forum involving the CEO
  • Implemented a whistleblower line operated by independent consultants (PWC)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Become carbon neutral by 2030 with a 70% reduction in carbon emissions compared with 2019 and offsetting the rest
  • Implement UN Global Compact and OECD guidelines throughout the supply chain by 2030
  • Achieve a minimum of 40% female representation in leadership roles by 2030
Short-term Goals:
  • Reduce air freight to 1% by 2026

Environmental Challenges

  • Increased travel activity impacting scope 3 emissions
  • Slower progress in scope 3 emissions reduction due to increased travel activity compared to 2020
  • Total emissions for scope 1 and 2 still close to 2019 levels due to increased sales volumes
Mitigation Strategies
  • Transition to electric rotation molding
  • Use of more sustainable materials in products
  • Clear reduction initiatives for each sub-area
  • Use of solar panels and energy-efficient lighting
  • Optimizing logistics routes and modes
  • Increased use of sea freight for product shipping
  • Introduction of electric vehicles for container transportation
  • Active use of conferencing tools to reduce travel

Supply Chain Management

Supplier Audits: Using EcoVadis to evaluate key suppliers

Responsible Procurement
  • Updated Code of Conduct for Business Relationships
  • Laerdal Supplier Sustainability Awards

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights (UNGPs)

Certifications: Null

Third-party Assurance: AsplanViak

UN Sustainable Development Goals

  • SDG 3 (Good Health and Well-being)

Focus on reducing maternal and neonatal mortality, improving survival from time-critical emergencies, and improving healthcare quality

Sustainable Products & Innovation

  • Little Anne CPR manikin
  • SimMan patient simulator with cardboard packaging
  • New AED Trainer with recycled materials
  • Monitor by Laerdal with recycled polypropylene

Awards & Recognition

  • Not disclosed