EUROAPI
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Product Safety
- Supply Chain Resilience
- Environmental Sustainability
- Employee Well-being
- Diversity & Inclusion
- Corporate Governance
- Ethics & Compliance
- Human Rights
Environmental Achievements
- Reduced Scope 1 and 2 carbon emissions by almost 20% since 2020.
- Reduced Scope 3 emissions by 11% in 2022 compared to 2021.
- 87% of electricity purchased from renewable sources in 2022.
- -14% water consumption in 2022 vs 2020.
- 68% solvent recycling in 2022 vs 2020.
- 33% of sites are “zero waste to landfill” in 2022.
Social Achievements
- Launched Wellness4All program for employee well-being.
- 68% employee participation rate in the first annual engagement survey.
- Achieved 30% female representation in the Extended Leadership Team (ELT) in 2022 (target for 2025).
- Introduced a global standard for inclusive and equal parental leave (14 weeks paid leave).
Governance Achievements
- Implemented a comprehensive Ethics and Compliance program.
- 95% of employees trained on Code of Ethics, alert management, and GDPR.
- Established an alert management system and Ethics Line.
- ESG collective performance criterion included in the annual variable compensation package of the Extended Leadership Team.
Climate Goals & Targets
- Carbon neutrality of operations by 2050.
- 30% reduction in Scope 1 and 2 carbon emissions by 2030 (vs. 2020 baseline).
- 100% of sites with electricity from renewable sources by 2025.
- LTI rate ≤ 1.5 and TRI rate ≤ 2.5 per 1,000,000 hours worked by 2025.
- 30% women in ELT by 2025.
Environmental Challenges
- Geopolitical tensions and energy crisis impacting raw material availability and transportation.
- Increasingly sophisticated cyberattacks targeting healthcare companies.
- Raw material price increases, shortages, and freight issues.
- Maintaining technological advantage and expanding production capacity.
Mitigation Strategies
- Repatriation and backward integration program for raw materials and APIs.
- Mono-sourcing exit program for raw materials.
- Reinforcement of Business Continuity Plans.
- Investment of €500 million in six European sites between 2022 and 2025.
- Implementation of a robust IT security framework and cybersecurity program.
- Development of a Sustainable Procurement Program.
Supply Chain Management
Supplier Audits: Three PSCI audits in 2022.
Responsible Procurement
- Supplier Code of Conduct
- Supplier Relationships Charter
- ESG questionnaires for high-risk suppliers
- Sustainable Procurement Program
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and processes.
Reporting Standards
Frameworks Used: UN Global Compact, Responsible Care® Charter, EU Taxonomy Regulation, Non-financial Reporting Directive (NFRD)
Certifications: ISO 14001 (100% of sites), ISO 50001 (50% of sites), ISO 45001 (Brindisi and Budapest sites)
Third-party Assurance: EY & Associés
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
- SDG 5: Gender Equality
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
The Group's activities contribute to these SDGs through its production of essential medicines, commitment to diversity and inclusion, focus on employee well-being and safety, investment in sustainable technologies, and efforts to minimize environmental impact.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Safe products and a resilient & responsible supply chain
- Innovation for environmental sustainability
- A safe and diverse workplace
- Best-in-class corporate governance
Environmental Achievements
- Achieved a silver medal from EcoVadis, ranking in the top 3% of companies in the industry for environmental performance.
- Received a "B" score from CDP for 2023, indicating good environmental management.
- Installed a €3M resource-efficient cooling unit at Vertolaye site.
- 100% of sites with electricity from renewable sources by 2025 (target).
- 30% reduction in Scope 1 and 2 carbon emissions by 2030 (target).
Social Achievements
- Launched a Diversity, Equity and Inclusion network in 2023.
- Implemented a minimum 14 weeks of paid parental leave for all employees.
- Increased the representation of women on the Extended Leadership Team to 36% in 2023.
- Successfully renegotiated 33 collective agreements in France.
- Conducted first annual employee engagement survey, "EUROAPI&me".
Governance Achievements
- Implemented a comprehensive Ethics and Compliance program.
- Established an Alert Committee for alert management.
- Created a global network of Compliance Champions.
- 95% of employees completed Code of Ethics and Compliance training.
- 95% of employees completed Anti-Corruption training.
Climate Goals & Targets
- Achieve 90% reduction in Scope 1, 2 & 3 emissions by 2050 (vs 2022) (target).
- Achieve 100% renewable electricity across all sites by 2025 (target).
- Reduce direct GHG emissions (Scopes 1 & 2) by 30% by 2030 (vs 2020) (target).
- Reduce LTI frequency rate to 1.5 and TRI frequency rate to 2.5 by 2025.
- Reduce direct GHG emissions (Scopes 1 & 2) by 42% by 2030 (vs 2022) (target).
- Reduce Scope 3 emissions by 25% by 2030 (vs 2022) (target).
Environmental Challenges
- Supply chain disruptions due to geopolitical context.
- Increasing cyberattacks.
- Tight labor markets.
- Water stress at some sites.
- Operational issues with wastewater treatment plants.
Mitigation Strategies
- Repatriation projects for critical raw materials.
- Business Continuity Plan.
- Mono-Sourcing Exit Program.
- Cybersecurity strategy with four pillars (infrastructure protection, monitoring, threat detection, awareness training).
- Intensive recruitment efforts.
- Water stress analysis and risk mitigation efforts.
- Operational amendments to improve wastewater treatment.
Supply Chain Management
Supplier Audits: 56 client audits (2023)
Responsible Procurement
- Supplier Code of Conduct, Code of Ethics, ESG survey for raw material suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Water stress
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: GRI, CSRD, UNGC
Certifications: ISO 14001, ISO 50001, ISO 45001 (two sites)
Third-party Assurance: EY & Associates
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 5 (Gender Equality)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 12 (Responsible Consumption and Production)
EUROAPI's activities contribute to these SDGs through its API production, commitment to diversity and inclusion, focus on employee well-being, investment in sustainable technologies, and waste reduction initiatives.
Sustainable Products & Innovation
- Green chemistry, biocatalysis, flow chemistry, biochemistry intensification
Awards & Recognition
- EcoVadis silver medal, Responsible Care® Environment Trophy (Vertolaye site)