SHL Medical AG
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:290,355 tCO2e/year
Scope 1 Emissions:440 tCO2e/year
Scope 2 Emissions:43,271 tCO2e/year
Scope 3 Emissions:246,644 tCO2e/year
Renewable Energy Share:12%
Total Energy Consumption:87 GWh/year
Waste Generated:5,185 tons/year
ESG Focus Areas
- Patient health and independence
- Reducing our ecological footprint
- Ensuring responsible business practices
Environmental Achievements
- 2.6% reduction in GHG emissions (Scope 1, 2 and 3) versus 2022
- 12% share of renewable electricity
- 74% of waste recycled
- Total Scope 3 GHG emissions reduced by -33% per unit sold compared to 2022 base year
Social Achievements
- 28% share of women in senior management roles
- Employee engagement score of 7.6 as of September 2023
- 0.04 reduction in reported injuries per million working hours
Governance Achievements
- Received EcoVadis Silver assessment
- Became a signatory to the UN Global Compact’s 10 principles
- Science-based reduction targets were validated by the Science Based Targets Initiative (SBTi)
Climate Goals & Targets
Long-term Goals:
- Empower 8 million patients to live independently by 2030
- <1 lost time injuries per million of working hours by 2030
- >7.8 employee engagement score by 2030
- 100% renewable electricity in all our sites by 2030
- Reduce 30% of environmental impact per device by 2030
Medium-term Goals:
- Reduce total generated waste by 20% by 2030
- Reduce absolute Scope 1 and 2 GHG emissions by -42% by 2030
- Reduce Scope 3 GHG emissions by -51.6% per million units sold by 2030
- 30% share of women in senior management roles by 2025
- 100% of employees trained on ethics annually by 2025
- 90% relevant suppliers covered by a sustainability assessment by 2025
- 100% strategic suppliers signing Code of Conduct by 2025
Short-term Goals:
- Recycle >80% of our waste by 2025
- 100% of new products to adhere to eco-design principles by 2025
Environmental Challenges
- Evolving legal and regulatory landscapes
- Carbon pricing regulations (potential supply chain impacts)
- Supplier actions and expectations
- Availability of biobased materials for low-carbon products
- Reputation as a result of striving to meet sustainability targets
- Extreme weather events that may have an acute physical and chronic physical risk on our supply chain or direct operations
Mitigation Strategies
- Developing a specific climate transition plan aligned with near-term climate-related targets
- Integrating more sustainable materials in products and packaging
- Optimizing energy usage
- Improving shipment configuration
- Shifting from air to sea shipments
- Supporting communal transport options
- Investigating on-site electric vehicle (EV) charging stations
- Reinforcing risk assessment methodology, integrating it into company-wide risk management processes
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Carbon pricing regulations
- Availability of biobased materials
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001
UN Sustainable Development Goals
- SDG 3
- SDG 8
- SDG 9
- SDG 10
- SDG 11
- SDG 12
- SDG 13
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Molly® Connected Cap autoinjector
- Products incorporating Needle Isolation Technology (NIT®)
Awards & Recognition
- EcoVadis Silver medal
- CDP C rating