ParagonCare Limited has released its sustainability report for the year ended 30 June 2026, detailing its approach to climate resilience and greenhouse gas emissions. The report outlines the company’s strategy and business model resilience under both high-warming and low-warming scenarios, reflecting the essential nature of the healthcare products and services supplied by the Group.
Material actions and disclosures
The Group has measured its GHG emissions in accordance with the Greenhouse Gas Protocol. For the fiscal year 2026, Scope 1 emissions were 1,054 t CO2e, while Scope 2 emissions were 5,371 t CO2e, making up 16% and 84% of total emissions, respectively.
ParagonCare has not identified a need to redeploy, repurpose, or decommission existing assets based on the climate scenario analysis. Instead, the company plans to focus on upgrading equipment to more efficient alternatives where technically and financially feasible, through normal maintenance, procurement, and improvement planning.
Forward commitments
ParagonCare aims to improve resource efficiency across its operations, including lower energy use and increased renewable electricity usage. The company is currently reviewing opportunities to improve resource efficiency and is engaging with suppliers to meet evolving climate-related procurement expectations.
ParagonCare has not yet established a formal transition plan and has not identified the future capital and operating expenditure that may be required to reduce resource consumption. However, as its emissions management and environmental improvement processes mature, the company will assess the funding required to pursue identified opportunities and the associated cost savings.
ParagonCare’s scenario analysis indicates that its strategy and business model remain resilient under both the low-warming and high-warming scenarios. Revenue is expected to remain stable across both scenarios, with climate-related risks more likely to affect profitability through cost pressures, supply chain disruption, procurement costs, and transition-related expenditure.
ParagonCare’s scenario analysis also suggests that an orderly transition pathway results in lower long-term financial impacts than a future characterised by increasing physical climate disruption. Accordingly, continued focus on supplier engagement, supply chain resilience, inventory and logistics planning, operational efficiency, and emissions management is expected to support the resilience of ParagonCare’s strategy and business model under a range of climate futures.
ParagonCare’s sustainability report was reviewed by Ernst & Young, who concluded that the report complies with Division 1 of Part 2M.3 of the Corporations Act 2001.