MEREO BIOPHARMA GROUP PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, MEREO BIOPHARMA GROUP PLC disclosed greenhouse gas emissions of 15 tCO2e/year. By scope: Scope 2: 15 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
15 tCO2e/year
2021
⚡
Renewable Energy
100%
of total energy
⚙️
Energy Use
68.6K KWH/year
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.15 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🌱 ESG Focus Areas

DiversityEnvironmentGovernance

⚠️ Challenges & Risks +

  • Limited operating history and no revenue from product sales; need for additional funding to complete development, licensing, acquisition, and commercialization; heavy dependence on the success of etigilimab, alvelestat, and setrusumab; potential impact of the COVID-19 pandemic on clinical trials, regulatory engagement, and clinical trial supplies; dependence on patient enrollment in clinical trials; potential for costly liability claims; impact of healthcare legislation; highly competitive industry; challenges in developing sales, marketing, and distribution capabilities or entering into business arrangements; dependence on third parties for clinical trials and manufacturing; reliance on patents and intellectual property rights; potential for third-party patent infringement claims; challenges in retaining and recruiting key personnel; failure to establish and maintain effective internal controls; potential failure of partners to satisfy their obligations.
  • Environmental liability inherent in current and historical activities, including liability relating to releases of or exposure to hazardous or biological materials; increasingly stringent environmental, health and safety laws and regulations.

📋 Report Information

Reporting Period: 2021
Frameworks: 2019 UK Government Environmental Reporting Guidelines, GHG Protocol Corporate Accounting and Reporting Standard