Galderma

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:347.2 thousand tons CO2e (Scope 1 & 2)

Scope 1 Emissions:7.6 thousand tons CO2e

Scope 2 Emissions:5.5 thousand tons CO2e

Scope 3 Emissions:332.1 thousand tons CO2e

Renewable Energy Share:100% in all manufacturing plants

Waste Generated:4501 tons

Trained more than 130,000 HCPs and held more than 11,000 events in 2023 (40% and 30% growth respectively compared to the previous year)
Reached more than 25,000 dermatologists and HCPs through GSSF activities
Gathered data from over 10,000 patients in a published study profiling sensitive skin

Established a dedicated Board of Directors sub-committee, an executive-level ESG oversight mechanism (ESG Council), and a cross-functional ESG working group
Linked executive compensation to the achievement of ESG ambition
Aligned ESG strategy with TCFD recommendations

Long-term Goals:

Medium-term Goals:

Short-term Goals:

Achieve 100% renewable electricity in all manufacturing plants (achieved in 2023)

Heightened operating costs and liability risks due to reinforced climate laws and regulations
Sustained reduced supply of raw materials due to structural changes in suppliers’ production means/strategies
Increased cost of key raw materials/inputs driven by supply chain disruptions and/or rapid shifts in consumer demand
Increased impairment linked to damages to sites and business interruptions due to severe weather events
Higher operating costs and/or lost sales due to severe weather events
Increased operating costs driven by higher energy needs to ensure business continuity during chronic weather events
Increased capital expenditure to improve efficiency of manufacturing process to ensure business continuity during chronic weather events

ESG governance in place to create transparency around existing and emerging regulations and endorse action plans and associated investments to ensure compliance
ESG governance in place to create transparency around stakeholders’ expectations and endorse action plans and associated investments to ensure we meet these expectations
Strengthening business continuity plans at manufacturing plants
Reviewing raw materials to further de-risk supply

Supplier Audits: at least 80% of spend that can be influenced by procurement function

Code of Ethics
Supplier Code
Responsible-sourcing initiative monitoring social and environmental performance across four pillars (Health & Safety, Labor Standards, Business Integrity and the Environment)

Extreme weather events (heavy precipitation, severe storms, fire weather, hydrological drought, extreme heat, coastal flood)
Damages to sites and business interruptions due to severe weather events

Heightened operating costs and liability risks due to reinforced climate laws and regulations
Increased capital expenditures to meet country-specific decarbonization targets
Sustained reduced supply of raw materials due to structural changes in suppliers’ production means/strategies
Increased cost of key raw materials/inputs driven by supply chain disruptions and/or rapid shifts in consumer demand
Reduced access to capital/financing opportunities due to misalignment with stakeholders’ expectations in terms of climate performance
Lower sales caused by misalignment with customers’ expectations in terms of sustainability performance

Reduced operating costs given higher efficiency and lower resource consumption in manufacturing process
Reduced operating costs given lower reliance on expensive carbon-intensive energy-generation methods

Frameworks Used: TCFD

Certifications: ISO 14001