Climate Change Data

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).