NETSCIENTIFIC PLC
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Sustainability
- Healthcare (chronic and infectious diseases)
Environmental Achievements
- Q-Bot's robotic underfloor insulation improved energy efficiency in thousands of social housing homes, reducing carbon footprint.
- SageTech Medical Equipment's system captures and recycles waste anesthetic gases, reducing hospital emissions.
Social Achievements
- Q-Bot's work reduced fuel poverty by improving energy efficiency of homes.
- PDS Biotech's work on COVID-19 vaccines focused on developing economies.
Governance Achievements
- Implementation of anti-bribery and corruption, whistleblowing, and health and safety policies.
- Regular review of internal control systems and processes.
Climate Goals & Targets
Environmental Challenges
- Poor performance of some early-stage investments.
- Clinical development risks (delays or failures in clinical trials).
- Regulatory risks (delays or failures in obtaining approvals).
- Intellectual property risks.
- Competition risks.
- Dependence on key executives and personnel.
- Cyber-attack/data loss risks.
- Geopolitical and market risks.
- COVID-19 related disruptions.
Mitigation Strategies
- Active management of investments, including portfolio diversification, co-investment, careful budgeting, and contingency planning.
- Continuous monitoring of clinical trials, collaboration with key opinion leaders, and proactive management of trial progress and costs.
- Working with portfolio companies to ensure adequate expertise and resources for regulatory approvals.
- Adequate IP due diligence and active IP risk management by portfolio companies.
- Strategic portfolio diversification and competitor analysis.
- Balanced compensation packages, equity incentive schemes, and leadership continuity plans.
- Monitoring systems, data backups, and compliance with policies.
- Prudent cash flow management, contingency funding, and focus on transatlantic bridges.
- Following government advice, reviewing contingency plans, and focusing on cash flow management.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Q-Bot's robotic insulation system
- SageTech's anesthetic gas capture and recycling system
Awards & Recognition
- Q-Bot awards for innovation