Climate Change Data

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