Climate Change Data

Vetter Pharma-Fertigung GmbH & Co. KG

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:24,000 tCO2e (offset through certificate purchases)
Scope 1 Emissions:18,000 tCO2e
Scope 2 Emissions:0
Scope 3 Emissions:12,586 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:156,959,265 kWh
Water Consumption:505,949 m3
Waste Generated:2,118 tons
Carbon Intensity:32.13 grams of CO2 per gross value added

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption by 19.49% since 2019
  • Generated 7.3 million kWh of self-generated renewable energy in 2022
  • Achieved CO2 neutrality at all sites worldwide since 2021
  • Recycling rate of 41.04%

Social Achievements

  • Received first place in the “Social Impact on Employees” category of the Sustainable Impact Awards.
  • 92 percent of colleagues in Chicago consider Vetter a “Great Place to Work.”
  • Distributed €364,000 in bonuses in 2022 for employee recruitment and retention.
  • Leased 493 bicycles with a total value of €1,877,500 through JobRad program in 2022.
  • Paid employees 50 percent of the cost of local public transport ticket (€16,660 total in 2022).

Governance Achievements

  • Joined the United Nations Global Compact in 2022
  • Achieved EcoVadis Gold Status, ranking among the top five percent of all companies assessed in the industry.
  • Improved EcoVadis rating by 14 points to 72 out of 100.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce total energy consumption in terms of GVA by 10% by 2029 (compared to 2019)
  • Reduce total emissions in terms of GVA by 10% by 2029 (compared to 2019)
  • Reduce the environmental impact of commuters by 10% by 2029
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Shortage of qualified workers
  • Supply chain disruptions due to global conflicts (e.g., Ukrainian war)
  • Rising energy costs
  • Increasing cyberattack risks
  • Growing demand for resources due to company growth
  • Industry's strict regulatory requirements hindering full sustainability potential
Mitigation Strategies
  • Expanding and diversifying candidate pool
  • Investing in a crisis-proof energy infrastructure (e.g., oil-fired boilers as backup)
  • Implementing multifactor authentication for data security
  • Developing new, alternative energy sources
  • Promoting sustainable employee mobility (e.g., JobRad, public transport subsidies)
  • Continuously updating materiality analysis and adapting the company to changing needs
  • Implementing the requirements of the German Supply Chain Due Diligence Act

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct
  • Supplier Code of Conduct
  • Sustainability screening of suppliers
  • Compliance due diligence review of business partners
  • Requirement for certifications (ISO 45001, ISO 14001, ISO 50001)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI SRS

Certifications: ISO 14001, ISO 50001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Aligned with the United Nations’ 17 Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Fair Company Award
  • Sustainable Impact Award (SIA)
  • Great Place to Work
  • Top Climate Engagement in Germany
  • Top Digital Company 2023
  • Axia Best Managed Companies Award
  • Climate Mobility Challenge award
  • EcoVadis Gold Status
  • CMO Leadership Award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,852 t CO2e (Scope 1) + 3,613 t CO2e (Scope 3)
Scope 1 Emissions:17,852 t CO2e/year
Scope 2 Emissions:0 t CO2e/year
Scope 3 Emissions:3,613 t CO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:160,763,960 kWh/year
Water Consumption:495,801 m3/year
Waste Generated:2,353 tons/year
Carbon Intensity:109.84 grams of CO2/kWh in overall energy consumption.

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumption by 31.25% relative to Gross Value Added (GVA) since 2019.
  • Achieved CO2 neutrality worldwide since 2021.
  • 33 million kilowatt-hours of energy saved since 2012.
  • 416 t CO2 emissions cut by switching from natural gas to biogas cogeneration.
  • 32.3% of waste recycled.

Social Achievements

  • Reduced the recordable incident rate for commuting accidents per 1,000 employees by almost 30% since 2019.
  • Launched various employee well-being programs, including corporate supplementary health insurance, EGYM Wellpass, and Vetter Health Passport.
  • Supported numerous social projects and charitable organizations.
  • Implemented a part-time work option for team managers in all production units.

Governance Achievements

  • Joined the Science-Based Targets initiative (SBTi) and committed to a science-based target for climate action.
  • Joined the UN Global Compact Network.
  • Implemented new business processes to identify and minimize human and environmental rights violations in the supply chain.
  • Conducted a company-wide compliance risk analysis.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 4.2% annually by 2030; net zero emissions in scopes 1 and 2 by 2040 at German sites; net zero emissions in all scopes by 2050.
Short-term Goals:
  • Reduce energy consumption by 10% relative to GVA by 2029 (base year 2019).

Environmental Challenges

  • Cyberattacks targeting pharmaceutical companies.
  • Security of supply due to energy transition and fluctuating renewable energy generation.
  • Risks in supply chains due to global crises and conflicts.
  • Difficulty in reducing wastewater and using recycled materials in primary packaging due to regulatory requirements.
Mitigation Strategies
  • Comprehensive measures to combat cyber security threats.
  • Risk assessment and mitigation actions for supply chains.
  • Strategic actions to account for the environmental impact of activities.
  • Intensifying cooperation with suppliers of environmentally friendly materials for secondary packaging.

Supply Chain Management

Supplier Audits: Risk assessment conducted for over 2,000 suppliers; 172 suppliers are part of EcoVadis sustainability rankings.

Responsible Procurement
  • Business Partner Code of Conduct (CoC), including human rights and environmental considerations.
  • Supplier assessments, including sustainability screening and compliance due diligence review.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Higher investment costs for eco-friendly technologies; uncertainty about future environmental requirements and market conditions.
Opportunities
  • Cost savings from energy efficiency initiatives; development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI, German Sustainability Code (GSC)

Certifications: DIN ISO 14001, DIN ISO 45001, DIN ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 7, 11, 13

Initiatives contribute to SDGs 7 (Affordable and Clean Energy), 11 (Sustainable Cities and Communities), and 13 (Climate Action).

Sustainable Products & Innovation

  • Autoinjectors, paper-based secondary packaging options.

Awards & Recognition

  • Family-Friendly Employer status, Environmental Management Award 2023, Leading Employer Award 2023, Axia Best Managed Companies Award, EcoVadis platinum status, CDMO Leadership Award, Frost & Sullivan Best Practice Award 2023, Sustainable Impact Award.