sustainability

Sustainability Overview

Our vision, “to deliver value to all our stakeholders as a responsible corporate citizen that provides high quality, affordable medicines and products globally", encapsulates the Group’s inherent approach of conducting business ethically, ​​​​​​​with integrity and with a commercial wisdom which strives to enhance the economic and social well-being of our patients, consumers, investors, employees, customers and business partners.

OUR APPROACH TO SUSTAINABILITY

We are committed to creating value for all of our stakeholders in a manner that is responsible, transparent and respects the rights of all. We recognise that to achieve long-term success, we need to deliver our business strategy in a way that creates value not only to Aspen and its shareholders, but also to society and the planet.

Our sustainability commitments
We believe that doing business in a sustainable and responsible manner is integral to our purpose, our values and our philosophy "Healthcare. We Care". Our sustainability commitments are integrated into the Group's strategic objectives and underpin the way we do business. Our sustainability commitments are determined with consideration to the following key aspects:

United Nations Global Compact ("UN Global Compact")
We are signatories to the UN Global Compact and have aligned our sustainability commitments with the principles outlined in the UN Global Compact, which cover human rights, labour, environment and anti-corruption. Our Communication on Progress report, available online, sets out our approach to the application of these principles.

United Nations Sustainable Development Goals (SDGs)
Launched in September 2015, the United Nations 2030 Agenda for Sustainable Development is a global action plan for people, planet and prosperity. The 17 SDGs aim to tackle the world's most pressing challenges through the promotion of sustainable development. As a multinational pharmaceutical company, we have an important role in contributing to the delivery of the SDGs. While all of the SDGs are essential, we have identified seven goals where we believe we are able to have the greatest impact. We are in the process of further developing our approach for contributing toward the delivery of these goals.

Material sustainability topics
We performed a sustainability-related materiality assessment to identify the sustainability issues that are most critical to our business and our stakeholders. This process assists us in identifying sustainability focus areas and informs our strategy and the content of our reporting. We align our identification of material sustainability topics with the GRI Standards, UN Global Compact, the FTSE/JSE Responsible Investor Index assessment criteria as well as considering information relating to the pharmaceutical sector; our regulatory requirements and matters raised during engagement with our people and our external stakeholders.

Our sustainability themes
We have grouped our sustainability commitments into four key themes:

  • Theme 1: Patients
  • Theme 2: Employees
  • Theme 3: Society
  • Theme 4: Environment

ASSURANCE

Assurance in respect of the sustainability KPIs is obtained by means of a combined assurance approach, with ERM providing assurance on the key environmental, health and safety indicators in line with the AccountAbility AA1000 Assurance Standard, PwC providing assurance on the financial indicators and other assurance providers such as the Group’s Internal Audit and Empowerdex providing assurance on the balance of the indicators reported.

Contact Details

Jeanette Englund

+27 31 580 8600

JEnglund@aspenpharma.com

Downloads

2019 Supplementary Sustainability Documents

2018 Supplementary Sustainability Documents:

Sustainability Data Supplement 2018 PDF 336KB
Climate Change CDP PDF 644KB
Water Security CDP PDF 559KB
Environmental Management Principles PDF 145KB
Equity Report - Fine Chemicals Workforce Profile PDF 172KB
Equity Report - South African Operations Workforce Profile PDF 170KB
 
Assurance Statement:

ERM Assurance Statement PDF 278KB

2019 Safety and Environmental Certifications

2019 Safety and environmental certifications:

Bad Oldesloe - ISO 50001 - English PDF 1.2MB
Bad Oldesloe - ISO 14001, ISO 9001 & OHSAS 18001 PDF 1.3MB
Dandenong - ISO 14001 PDF 508KB
Dandenong - OHSAS 18001 PDF 510KB
Notre Dame de Bondeville - ISO 14001 PDF 578KB
Notre Dame de Bondeville - ISO 50001 PDF 532KB
Notre Dame de Bondeville - OHSAS 18001 PDF 534KB
OSS - ISO 14001 PDF 227KB
OSS - OHSAS 18001 PDF 227KB
South African Operations - ISO 14001 PDF 755KB
South African Operations - OHSAS 18001 PDF 810KB
Vitória - ISO 14001 PDF 1.5MB
Vitória - OHSAS 18001 PDF 313KB

Intellectual
Capital

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Manufactured
Capital

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Human
Capital

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Social & Relationship Capital

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Natural
Capital

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Financial
Capital

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Intellectual Capital

 
Our intellectual capital supports our commitment to increasing the number of lives that benefit from our focused therapeutic basket of high quality, affordable medicines
 

Sustainability objectives

Sustaining life and health through high quality, affordable medicines

Sustainable Development Goals (SDGs)

  • Goal 3: Good health and well-being

Material topics

  • Access to healthcare
  • Patient safety
  • Supply of quality products
  • Responsible marketing
 

Manufactured Capital

 
The continued investment in our API facilities and FDF manufacturing capabilities is aimed at delivering flexible and scalable manufacturing and enhanced operational synergies. Our global manufacturing capabilities are an enabler for the achievement of our strategic objective of value generation
 

Sustainability objectives

Sustaining life and health through high quality, affordable medicines

Sustainable Development Goals (SDGs)

  • Goal 3: Good health and well-being

Material topics

  • Access to healthcare
  • Patient safety
  • Supply of quality products
  • Responsible marketing
 

Human Capital

Built on the foundation of our values and a commitment to the Group Code of Conduct, we strive to provide a safe, challenging and rewarding environment for each of our employees. Our strength lies in our diverse, experienced and talented workforce. This positions us favourably to shape our business and to react to the fast changing, complex and interdependent world in which we operate

Sustainability objectives

To provide a safe, challenging and rewarding environment for our employees

Sustainable Development Goals (SDGs)

  • Goal 5: Gender equality
  • Goal 8: Decent work and economic growth

Material topics

  • Employee health and safety
  • Labour rights
  • Diversity and inclusion
  • Workforce development

Social & relationship Capital

Responsible corporate citizenship is fundamental to our objectives and the way we do business. We recognise that there are inseparable linkages between our sustainable growth, our relationships with our key stakeholders and our contribution to society in the broader context

Sustainability objectives

To practice good corporate citizenship

Sustainable Development Goals (SDGs)

  • Goal 17: Partnerships for the goals

Material topics

  • Human rights
  • Ethical business culture
  • BBBEE in South Africa
  • Socio-economic development and investment in communities
  • Fair taxation

Natural Capital

We are reliant on the conversion and use of natural capital in creating value for our stakeholders. We recognise that our operations directly and indirectly impact the environment. Our Environmental Management Protocol affirms our commitment to society to reduce our impact on the environment through responsible environmental management, conservation and protection across all of our operations

Sustainability objectives

To practice good corporate citizenship

Sustainable Development Goals (SDGs)

  • Goal 6: Clean water and sanitation
  • Goal 7: Affordable and clean energy
  • Goal 12: Responsible consumption and production

Material topics

  • Carbon emissions
  • Electricity
  • Water and effluent
  • Waste

Financial Capital

We aim to create value for all of our stakeholders by managing our financial capital in a commercially astute and diligent manner, thereby harnessing opportunities for long-term sustainable economic growth