Gerresheimer AG
Climate Impact & Sustainability Data (2020, 2022-12 to 2023-11)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate change
- Renewable energy
- Water
- Waste and recycling
- Ecodesign
- Responsible supply chain management
- Health and safety
- Employee satisfaction
- Community engagement
Environmental Achievements
- Reduced CO2e emissions by 3.4% (Scope 1 and 2)
- Increased renewable energy share to 14%
- Improved water withdrawal by 8%
Social Achievements
- Launched Gerresheimer Talents program to foster talent
- Introduced employee pulse survey to improve responsiveness to employee needs
- Reduced employee turnover rate
- Increased average length of service to 11.7 years
Governance Achievements
- Annual Statement of Compliance submitted in accordance with section 161 of the German Stock Corporation Act
- No conflicts of interest arose in 2020
Climate Goals & Targets
- Leading in health and well-being delivery solutions
- High single-digit revenue increase in core business
- Increase earnings per share by at least 10% each year
- Gx ROCE of approximately 15%
- Net financial debt to adjusted EBITDA (leverage) of around 2.5x
- Reduce Scope 1 and Scope 2 emissions by 50% by 2030
- 100% renewable electricity by 2030
- 100% certification for responsible water use at high water stress sites by 2030
- Reduce global water withdrawals by 10% by 2030
- Zero industrial waste to landfills by 2028
- 100% of new products to apply Gerresheimer ecodesign principles by 2023
- 100% of strategic suppliers to recognize Gerresheimer principles for RSCM by 2023
- 100% of strategic suppliers to be audited for environmental and social aspects by 2023
- Rank among top 25% of employers in eNPS by 2028
- 80% reduction in LTIR by 2028
- 100% of sites certified to ISO 45001 by 2023
- 100% of sites to engage with local communities annually by 2023
Environmental Challenges
- Covid-19 pandemic impacting the cosmetics industry
- Supply chain disruptions
- Increasing regulatory requirements
- Cost pressure in healthcare systems
Mitigation Strategies
- Global crisis team established to implement safety policies
- Preventive measures implemented to maintain business continuity
- Continuous quality improvement measures
- Active portfolio management
- International and multi-market presence
Supply Chain Management
Supplier Audits: 30% of strategic suppliers audited for environmental and social aspects
Responsible Procurement
- Gerresheimer Principles for Responsible Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Increasing regulatory requirements
- Changes in energy prices
Opportunities
- Development of energy-efficient products
- Increased demand for sustainable packaging
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001, ISO 45001
Third-party Assurance: Deloitte GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)
UN Sustainable Development Goals
- SDG 3
- SDG 8
- SDG 12
- SDG 13
Initiatives contribute to good health and well-being, decent work and economic growth, responsible consumption and production, and climate action.
Sustainable Products & Innovation
- Gx® Elite Glass
- Prefillable sterile Gx® RTF vials
- Gx RTF® syringe systems
- Connected drug delivery devices
- Products and solutions for biotech-based drugs
- BioPack portfolio
Awards & Recognition
- Günter Schwank Training Award
Reporting Period: 2022-12 to 2023-11
Environmental Metrics
ESG Focus Areas
- CO2 emissions
- Renewable energy
- Water
- Recycling and waste
- Ecodesign
- Responsible supply chain management
- Health and safety
- Employee satisfaction
- Community engagement
Environmental Achievements
- Reduced Scope 1 and Scope 2 emissions by 8.1% year on year to 455,181 tons CO2e (prior year: 495,309 tons CO2e)
- Met 45.6% of electricity consumption from renewable sources (prior year: 34.7%)
- Reduced water withdrawal by 2.7% year on year to 1,115,692 m3 (prior year: 1,146,342 m3)
- 93.4% of new product developments incorporated Gerresheimer ecodesign principles
Social Achievements
- 65% of strategic suppliers acknowledged the Gerresheimer Code of Conduct for Suppliers (prior year: 31%)
- 55% of strategic suppliers assessed for environmental and social aspects (prior year: 28%)
- Reduced lost time injury rate to 6.43 (prior year: 7.49)
- 86% of locations certified to ISO 45001 (prior year: 71%)
- 75.7% of locations engaged with local communities annually (prior year: 78%)
Governance Achievements
- Implemented a remuneration system for Management Board members with an ESG component
- Established a Sustainability Council
- Rolled out Gerresheimer Code of Conduct to 9,400 employees
Climate Goals & Targets
- Not disclosed
- Reduce Scope 1 and Scope 2 emissions by 50% by 2030
- Switch to 100% renewable electricity by 2030
- Reduce global water withdrawal by 10% by 2030
- Achieve 100% compliance with Gerresheimer Code of Conduct for Suppliers by 2024
- Achieve an Employee Net Promoter Score (ENPS) of more than 20 by 2028
- Reduce lost time injury rate by 80% by 2028
- Reduce industrial waste sent to landfill from our own production to 0% by 2028
- Achieve 100% ISO 45001 certification by 2023
- Achieve 100% annual community engagement by 2023
Environmental Challenges
- Supply chain disruptions due to geopolitical tensions and high inflation
- Lack of global coordination in waste management
- Need to improve data collection for Scope 3 emissions and water consumption
- Meeting 100% renewable energy target
Mitigation Strategies
- Implemented formula g strategy process
- Developed a Group environmental standard
- Joined the Science Based Targets initiative (SBTi)
- Developed location-specific policies for responsible water use
- Implemented a risk-based approach to supplier assessment
- Developed a systematic approach to sustainability risk reporting
Supply Chain Management
Supplier Audits: 55% of strategic suppliers assessed for environmental and social aspects in 2023
Responsible Procurement
- Gerresheimer Code of Conduct for Suppliers
- Conflict Minerals Reporting Template (CMRT) certificate
- Annual performance reviews
- Supplier audits
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
- Switch to renewable energy
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 14001, ISO 45001, ISO 50001
Third-party Assurance: Deloitte GmbH Wirtschaftsprüfungsgesellschaft (limited assurance)
UN Sustainable Development Goals
- SDG 3 (Good health and well-being)
- SDG 4 (Quality education)
- SDG 6 (Clean water and sanitation)
- SDG 7 (Affordable and clean energy)
- SDG 8 (Decent work and economic growth)
- SDG 9 (Industry, innovation, and infrastructure)
- SDG 12 (Responsible consumption and production)
- SDG 13 (Climate action)
Gerresheimer's products and solutions contribute to improved health and well-being; social engagement focuses on health, well-being, and education; efforts to reduce water consumption, emissions, and waste; commitment to responsible supply chain management; focus on employee well-being and development
Sustainable Products & Innovation
- Duma PET
Awards & Recognition
- EcoVadis Gold medal