Sustainability Management
It’s a matter of treatment – embracing responsibility for a tomorrow worth living in!
As a family-owned company, Croma-Pharma pursued a sustainability-focused corporate policy long before ESG became established in the corporate world. With this self-image of responsible entrepreneurship, Croma can utilise the full potential of sustainable corporate management. Because we stand for treating people and our environment with care.
This clear commitment to sustainability is also reflected in a dedicated sustainability department and the linking of sustainability management with an integrated management system. The publication of relevant, sustainability-specific information and key figures is planned for 2024.
Sustainability strategy
To develop the strategy, Croma's key topics were analysed using the double materiality analysis, taking into account the entire value chain, and then placed in relation to the Sustainable Development Goals. The analysis showed that Croma can make the greatest contribution to 10 of the 17 sustainability goals. Detailed information on our division-specific goals and strategies as well as measures already implemented can be found in the following overview.
Goals:
- Reduction of the failure rate by 30% by 2026
- Standardisation of marketing campaigns according to ethical marketing principles by 2026
- New authorisation of all existing product groups under MDR authorisation by 2024
Milestones:
- Definition of a control process for ethical marketing by 2025
- Re-authorisation of all dermal fillers (100%) by 2024
Measures:
- Introduction of workplace health promotion by 2025
- Development and introduction of an accident prevention strategy by 2025
- New preparation of all technical dossiers by product group, submission and implementation of evaluation procedures by 2024
Already implemented:
- Company training room with range of courses
- Medical counselling available on site
- External employee assistance programme with health experts
- New authorisation for 50% of product groups by 2023
Goals:
- Increasing the proportion of women in top management by 100% by 2026
- Elimination of gender pay gap by 2026
Measures:
- Development of equity, equality, diversity and inclusion strategy by 2025
- Work and family certification by 2024
Already implemented:
- Flexible and family-friendly working time models
Goal:
- Calculation model for water consumption, abstraction and recycling at company level by 2026
Measure:
- Concept for increasing water efficiency incl. catalogue of measures by 2025
Already implemented:
- More environmentally friendly neutralisation of wastewater with carbon dioxide instead of phosphoric acid
Goal:
- Company-wide use of green electricity by 2026
Milestone:
- Calculation model for company-wide energy consumption by 2025
Measures:
- Identification of potential energy savings by 2025
- Introduction of environmental management system in accordance with ISO 14001 by 2025
Already implemented:
- Installation of photovoltaic systems
- Purchase of 100% green electricity
- Installation of e-charging stations
- Bicycles for use free of charge
Goals:
- Nomination as top employer by 2026
- ESG screening of all Croma business partners by 2026
- Purchase of materials/raw materials exclusively from sustainable companies by 2030
Milestones:
- Reduction of the fluctuation rate by 8.5% by 2025
- Commitment of all new contractual partners to the Code of Conduct by 2024
- Commitment of all partner companies to the Code of Conduct by 2025
- Development of an assessment model for sustainable companies by 2025
Measures:
- Introduction of a Code of Conduct for business partners by 2024
- Development of a sustainable procurement guideline by 2024
- Provision of ESG information in contracts by 2025
- Implementation of ESG supplier audits by 2025
- Concept development for ESG screening incl. analysis method by 2025
- ISO 45001 certification by 2026
Goals:
- 0% virgin plastic in secondary and tertiary packaging by 2030
- Recyclable product group from our own cosmetics line by 2030
Milestone:
- Calculation model for company-wide purchasing volume of non-renewable, renewable, recycled and virgin plastic materials by 2026
Measures:
- Implementation of a research project to increase innovation in secondary and tertiary packaging by 2028
- Concept development incl. catalogue of measures for recyclable products by 2028
Goals:
- Increasing the the average number of training courses per employee by 20% by 2026
- Increasing the number of skills development meetings by 15% by 2026
- Maintenance ot performance review meetings at 100% by 2026
Measures:
- Development equity, equality, diversity and inclusion strategy (DiM) by 2025
- Introduction of age and generation management by 2025
Goal:
- 0% landfill waste by 2025
Milestone:
- Calculation model for company-wide waste by waste type and recycling method by 2025
Measures:
- Creation of a catalogue of measures to reduce secondary and tertiary packaging by 2025
- Optimisation of waste separation system by 2025
Already implemented:
- Significant reduction in material waste by optimising the blister packaging process
Goal:
- Climate neutrality of the company for Scope 1+2 by 2035
Milestones:
- Calculation model for company-wide GHG emissions by 2025
- Reduction of transport emissions by 50% by 2035
Measures:
- Calculation of corporate carbon footprint (Scope 1, 2, 3) by 2024
- Introduction of green mobility policy by 2025
- Life cycle analyses for product families by 2025
- Development and measurement of science-based targets by 2026
Goals:
- Code of Conduct training for all employees by 2026
- Positive completion of company-wide compliance audits by 2026
Milestones:
- Code of Conduct training for 100% of new hires by 2025
- Code of Conduct training for 50% of employees by 2025
- Evaluation model for compliance audits by 2025
- Code of Conduct training for 100% of affiliates by 2025
Measures:
- Creation of training programme for Code of Conduct
- Inclusion of mandatory compliance with the Code of Conduct in the service contract
- Concept development for compliance audits and creation of checklist
- Company-wide introduction of Operational Excellence by 2025
- Introduction of corporate risk management by 2025
Already implemented:
- Code of Conduct for Business Partners
- Compliance officer
- Compliance training