Veru, Inc.
Climate Impact & Sustainability Data (2011, 2024)
Reporting Period: 2011
Environmental Metrics
ESG Focus Areas
- Women's health
- HIV/AIDS prevention
- Cost-effective healthcare
Social Achievements
- FC2 female condom now available in 121 countries.
- Expanded city outreach and education programs in the US (NYC, Washington DC, San Francisco, Houston, Chicago), reaching nearly 28,000 residents in DC alone.
- Formation of the National Female Condom Coalition.
- Invested more than $1 million in female condom development and educational programming.
Governance Achievements
- Continued dividend program and remained debt-free.
Climate Goals & Targets
Environmental Challenges
- Volatility in the timing and execution of public orders, leading to delays in South Africa and Brazil.
- Bureaucratic delays in receiving and shipping large orders.
Mitigation Strategies
- Successfully secured orders for 25 million units (5 million from South Africa and 20 million from Brazil) to positively impact FY2012 results.
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
- SDG 5: Gender Equality
FC2 contributes to improved women's health and empowerment by providing protection against STIs and unintended pregnancy.
Sustainable Products & Innovation
- FC2 Female Condom