Medartis AG
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Labor Standards
- Ethical Business Practices
- Human Rights
- Supply Chain Responsibility
- Sustainability
Social Achievements
- Commitment to upholding the Ethical Trading Initiative Base Code (ETI Base Code).
Governance Achievements
- Establishment of a Labor Standards Assurance System (LSAS) and an Ethics Committee.
Climate Goals & Targets
Long-term Goals:
- Continuous improvement of labor standards.
Environmental Challenges
- Potential risks of forced labor and child labor in the supply chain.
Mitigation Strategies
- Pre-assessment of suppliers, contractual requirements, and penalties for violations.
- Monitoring and maintaining labor standards in the supply chain.
- Communication of company policies and practices to suppliers.
Supply Chain Management
Responsible Procurement
- Initial selection and evaluation procedures for new suppliers.
- Distribution and communication of company policies and practices to suppliers.
- Contractual requirements and penalties for violations.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ETI Base Code, UN Universal Declaration of Human Rights, ILO Declaration on Fundamental Principles and Rights at Work