Aragen Life Sciences Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2021-04 to 2022-03 and 2022-04 to 2023-03, 2020-04 to 2021-03

In its 2023-04 to 2024-03 reporting, Aragen Life Sciences Limited disclosed greenhouse gas emissions of 167.69 MtCO2e/Annum. By scope: Scope 1: 6.0K metric tons CO2e; Scope 2: 34.5K metric tons CO2e; Scope 3: 40.8K tons CO2 eq. 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
167.69 MtCO2e/Annum
2023-04 to 2024-03
⚡
Renewable Energy
27%
of total energy
💧
Water Usage
188.2K Kilolitres
2023-04 to 2024-03
♻️
Waste
5.2K tons
2023-04 to 2024-03
⚙️
Energy Use
56.1M KWh
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.0K metric tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.34.5K metric tons CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).40.8K tons CO2 eq

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

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-03167.69 MtCO2e/Annum
2021-04 to 2022-03 and 2022-04 to 2023-039.5K Metric Tons CO2e (Scope 1) + 37600 Metric Tons CO2e (Scope 2) + 86543 Metric Tons CO2e (Scope 3) in FY23
2020-04 to 2021-0342.9K tCO2e/year (Scope 1: 10648 tons Scope 2: 32871 tons)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Achieve 25% greenness in supply chain by FY24
  • Increase renewable energy share to 35%

📅 Medium-term

  • 50.4% reduction in absolute Scope 1, 2 & 3 emissions by 2032
  • Water neutrality by 2035

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Environmental SustainabilitySocial ResponsibilityGovernance

⚠️ Challenges & Risks +

  • Slight downturn in economic performance due to recession in US & European market and reduced funding to small biotech companies
  • Climate change presenting significant physical and financial risks
  • Supply chain risks including disruptions and vulnerabilities
  • Data security risks related to cybersecurity breaches and cyberattacks
  • Technology risks related to uncertainties of transformational technologies and disruptions in critical systems
  • Market risks including currency exchange rate fluctuations
  • Product risks related to product quality and regulatory compliance
  • Increasing competition in the industry
  • Stakeholder dissatisfaction due to public scrutiny and unmet expectations
  • Geopolitical risks including international and interstate political conflicts

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI, SBTi, TCFD (planned adoption), UNGC, PSCI
Assurance: Verifica Private Limited