AOP Orphan Pharmaceuticals GmbH
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Social Achievements
- Increased employee count to 556 in 2023 from 512 in 2022; Offers employee benefits including public transport passes, health insurance, food vouchers, social events, and flexible work arrangements.
Climate Goals & Targets
Medium-term Goals:
- Significant overall revenue growth through new substances, territorial expansion, and deeper market penetration.
Environmental Challenges
- Difficult regulatory environment with reference pricing systems in many European countries and increasing competition.
- Currency risks due to not being able to invoice in Euros in all countries.
- High raw material and energy costs.
- High interest rates.
- Bureaucratic hurdles from regulatory bodies.
- Monopolistic tendencies in logistics, wholesale, and pharmacies.
- Potential for irreversible price drops due to reference pricing systems.
Mitigation Strategies
- Optimized structures and processes to react quickly to challenges.
- Used new digital tools to improve collaboration with external partners and internal teams.
- Used hedging strategies (e.g., forward and option contracts) to mitigate currency risks.
- Used interest rate swaps to minimize interest rate risks from export promotion loans.
- Consistently pursued a "floor price" policy to minimize losses from reference pricing systems and currency fluctuations.
- Focused on expansion into emerging markets with good growth prospects.