Vetoquinol SA
Climate Impact & Sustainability Data (2006, 2016)
Reporting Period: 2006
Environmental Metrics
Total Energy Consumption:21605 MWh/year (Gas: 11599, Electricity: 10026)
Water Consumption:115511 m3/year (Drinking water: 40562, Underground water: 74949)
Waste Generated:341 tons/year (Ordinary waste: 263, Special waste: 78)
ESG Focus Areas
- Environment
- Safety
Environmental Achievements
- Reduced accident rate at main production site in France (2 accidents in 2006 vs. higher number in 2005), resulting in 63 days of time off work (2006) compared to a higher number in 2005.
- Implemented a fire-fighting water containment system and a storm water basin at the Lure site to protect the environment.
- Commissioned a study on reducing energy consumption at the Lure site.
- Waste sorting at all production sites to promote recycling.
Social Achievements
- Increased workforce by 7%, with 80 additional employees (half due to acquisitions).
- Sales force grew by 11.7%.
- Improved safety record at production sites (344 accident-free days at main French site).
Governance Achievements
- Initial Public Offering (IPO) on Euronext Paris Eurolist - Compartment B on November 17, 2006.
- Board of Directors is made up of nine members, including one considered independent.
Climate Goals & Targets
Environmental Challenges
- Transfer of operations from the Swiss site to other Group production sites (resulted in a virtually stable gross margin rate).
- Supply chain project launch.
- Acquisition in the US (Vet Solutions).
Mitigation Strategies
- Sold the production site in Switzerland and transferred production to France, Poland, and Canada.
- New industrial unit in Lure became operational, concentrating Quality functions and creating a final packaging workshop.
- Acquisition of Vet Solutions assets to shore up sales force in North America.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: PricewaterhouseCoopers and KPMG
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:2958 tons (2014 data)
ESG Focus Areas
- Governance
- Employment
- Environment
- External Stakeholders
Environmental Achievements
- Ranked first in the GAIA Index all caps category for CSR commitment.
- ISO 50001 certification renewed for Lure site.
- Significant electricity savings at Magny-Vernois plant due to action plan.
Social Achievements
- Ranked No. 1 in the “Employer-promoter of safety at work” awards (Poland).
- Launched a website dedicated to pet owners (www.myhappypet.fr).
- Improved employee satisfaction scores (87% participation rate in staff barometer).
Governance Achievements
- Established a Guide to Good Business Practices for employees.
- Implemented a Social Network Charter to promote responsible behavior.
- Maintained dialog with stakeholders through various formal and informal methods.
Climate Goals & Targets
Long-term Goals:
- Reduce greenhouse gas emissions by 75% by 2050.
Environmental Challenges
- Restructuring of certain subsidiaries (Canada, Germany, Australia, US) leading to higher employee turnover.
- High voluntary departure rate in India (though improved from previous years).
- Increased frequency of lost-time accidents in Group production plants in 2016.
Mitigation Strategies
- Dynamic action plan in India to improve employee loyalty (induction, compensation, training).
- Additional expertise and resources to support implementation of coordinated policies across the Group in 2017.
- Continuous improvement initiatives for safety and awareness-raising campaigns.
Supply Chain Management
Responsible Procurement
- Rigorous selection of pharmaceutical industry partners.
- Audits and approval by the Group Quality Department.
- Periodic monitoring and audits of partners.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GAIA Index
Certifications: ISO 50001 (Lure site)
Third-party Assurance: FINEXFI
Sustainable Products & Innovation
- SISAAB* concept for single-injection antibiotic treatment.
Awards & Recognition
- Ranked first in the GAIA Index all caps category.
- Ranked No. 1 in the “Employer-promoter of safety at work” awards (Poland).