Bormioli Pharma, a manufacturer of pharmaceutical packaging and medical devices, has presented the second edition of its Sustainability Report.
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Sustainability
This edition aims to reaffirm and consolidate the company's commitment to environmental and social responsibility, protecting the wellbeing of people and the environment, in line with its mission to 'Make health a positive practice, accessible to everyone, kind to the planet.'
The report includes several new items, involving both the objectives to be achieved and the governance system through which Bormioli Pharma intends to achieve an increasingly sustainable development path.
Of the main targets, the 30% CO2 reduction by 2030 (compared to the 2021 baseline) has been confirmed, and new ones have been introduced, such as the commitment to carry out an initial LCA analysis on a glass product by the end of this year and to complete the assessment of 'Scope 3' emissions - i.e. those related to but not directly attributable to the Group's business, such as those arising from employee mobility, supply chain operations and the use of manufactured goods – by 2025.
The '50in5' target of increasing the share of sustainable raw materials in production processes has also been confirmed: this is a goal that the company has already come a long way towards, reaching 39% in 2022, versus a target of 50% by 2025.
The goal of reducing water consumption, to be achieved by 2030, has been made more challenging and raised from -30% to -41% compared to the consumption recorded in 2021, demonstrating how the company has already embarked on a virtuous path and wants to commit itself further in this direction. This revision is in fact supported by already achieving a 35% reduction in 2022.
A further new factor concerns the strengthening of interventions to promote Diversity & Inclusion, with the publication of a company policy dedicated to these issues in 2022 and the definition of a structured training course that will involve almost the entire company workforce by 2025. The goal of closing the gender pay gap by 2028 has also been confirmed.
Andrea Lodetti, CEO of Bormioli Pharma, said: "From the war in Ukraine to rising energy prices, 2022 was a year marked by a series of huge geopolitical and macroeconomic events. Despite this, Bormioli Pharma has always guaranteed production continuity, confirming its solid position as a partner of excellence for the international pharmaceutical industry and strengthening relations with the entire supply chain. This second edition of the ESG Report also confirms our commitment to a path that has already been travelled for several years and which sees the company active on issues of primary importance, such as the creation of a range of products with a low environmental impact that are clearly identified by the EcoPositive label, the optimisation of industrial processes with a view to greater sustainability, and the constant enhancement of diversity and talent at all levels of our organisation.”
As well as the areas of focus related to product offerings and industrial processes, the second edition of the Sustainability Report reinforces our desire to monitor not only internal processes but also the entire supply chain that supports them. The commitment to complete the assessment of 90% of suppliers on the international EcoVadis platform by 2026 has also therefore been confirmed. Using this tool, the intention is to ensure a supply chain that shares the same high standards as the Group with respect to various ESG issues.
The document contains organisational innovations such as the direct involvement of stakeholders in the materiality analysis and the creation of a dedicated team headed by an ESG Manager, who will be responsible for overseeing the involvement of all corporate functions in the definition of actions aimed at ensuring the achievement of set objectives.
The economic results achieved in 2022 - with a turnover of over €315 million, an increase of over +20% compared to 2021 - confirm the validity of the strategic choices made and reaffirm how it is possible to plan long-term economic development while continuing to generate value for people, the environment and society.
