Vetter Joins the United Nations Global Compact

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by KnowESG
KnowESG_UN Global Compact
Image courtesy of https://www.ses.com/

Vetter recently joined the UN Global Compact (UNGC). This makes us one of the pioneers in the industry with regard to responsible, sustainable, and transparent business practices.

To date, only 308 biopharmaceutical companies have signed the UN Global Compact. By joining, we undertake to align and document our entrepreneurial actions with the ten defined principles. The main focus here is the enforcement and implementation of human and employee rights, as well as environmental protection and the prevention of corruption.

Henryk Badack, who is responsible for global sustainability activities at Vetter as Senior Vice President Technical Service and Internal Project Management, explains: “We have been pursuing a very ambitious sustainability strategy for years. With the commitment to the goals of the UN Global Compact, we are reaching the next level and expanding our initiatives internationally.”

As a participating company, Vetter gains access to a large network of companies and organisations that are committed to the same entrepreneurial goals. This involves much more than CO2 reduction. The initiative sees itself as an open forum to initiate change processes and share ideas and best practice concepts. In national networks, the participants share concrete solutions and thus contribute to the global vision of the UN Global Compact. We will submit an annual progress report. The publicly available document (Communication of Progress, COP) serves as important evidence of transparency and accountability.

“As a family company in the healthcare sector, we assume great responsibility. And we believe in the power of cooperation. The UN Global Compact combines these two approaches very well and is also a strong commitment to shared values ​​and goals across economic sectors and national borders," says Henryk Badack.

With our own extensive initiatives, we also support our customers and partners in their sustainable supply chain. Together, the companies achieve a responsible supply chain in the pharmaceutical industry and sustainable economic processes.

Founded in 2000, the UN Global Compact is the largest corporate initiative for sustainable management worldwide. More than 15,000 companies and 3,000 non-profit organisations from over 160 countries have signed the initiative so far. Further information on the UN Global Compact Network Germany: https://www.globalcompact.de/

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Source: Vetter

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