We are committed to acting responsibly towards our employees, our partners and society. We strive for a circular economy and to reduce our carbon footprint.
We are implementing the circular economy and reducing our carbon footprint in the process. We are a value-based company and feel committed to society as a whole. That is why we take responsibility for the environmental, social and societal impact of our actions and strive for long-term and sustainable development. And in doing so, we are open, fair and respectful towards customers, partners and employees.
Our contribution
- Reducing the ecological footprint
- Promoting the circular economy
- Acting responsibly towards employees, partners and society
Our approach
By “Responsibility & Commitment” we mean our social responsibility in environmental protection, the promotion and development of employees, as well as ethical behaviour as individuals and as a company.
Sustainability Management System
We apply the systematics of the ISO 14001 standard for environmental management in all our sustainability man- agement. Ypsomed AG with its production sites in Swit- zerland and Ypsomed Produktion GmbH in Schwerin, Germany, were certified according to ISO 14001 for the first time in the 2022/23 financial year.
The fact that our Sustainability Management System has proven itself is evidenced, among other things, by our good performance in the internationally established Ecovadis rating, in which we were awarded the silver medal for our above-average quality in sustainability management.
We initiated the Ypsomed Sustainability Academy at the end of 2022 for internal and external networking, training and awareness-raising in the area of sustainabil- ity. In this context, we inform about and discuss current developments as well as implemented and planned measures in the area of sustainability and network with internal and external sustainability experts from our part- ners, customers and suppliers.
We address the sustainability issues and our commitment in an integrated approach. This results in an integrated sustainable strategy and in an integrated Annual report. We apply a framework of measurable sustainability targets and their progress. We are guided by the principles of the Global Reporting Initiative (GRI) and the Sustainable Development Goals (SDGs) of the United Nations.
Sustainable development goals (SDGs)
Highlights 2022/23
- Corporate Zero Programme with medium- and long- term CO2 reduction targets towards net zero developed
- YpsoMate Zero on offer for our customers and further Zero platform products in development
- Environmental management system of Ypsomed AG and Ypsomed Produktion GmbH certified according to ISO 14001
- ISCC+ certification of the Lochbach production site for demonstrably sustainable plastic material for our Zero programme
- Silver medal in the Ecovadis rating for above-average quality in sustainability management
- Photovoltaic system of 7 300 m 2 installed in Schwerin
- Award as a top employer: Ypsomed occupies Rank 7 in the electronic and medical equipment sector
- Successful establishment of the FlexWork working mode
Learn more about our committment to long-term and sustainable development in the annual report (PDF).
Environment
We strive for optimisation across the entire life cycle of the products as well as across the entire value chain of the company. This begins with development, continues with procurement and production, and extends to packaging as well as use by the users, and finally to disposal and recycling. We take on product responsibility by minimising the undesirable effects of our products and services on health, safety and the environment throughout the entire product life cycle. We put the circular economy into practice by developing products which minimise waste and emissions, which use fully or partially recyclable and renewable raw materials, and which protect the climate. Furthermore, we make efficient use of the energy necessary.
Commitment to net zero
- By 2030, we aim to achieve net zero operational CO2 emissions (Scope 1 and 2) in our operations.
- By 2030, a selection of our products should meet net zero CO2 emissions (Scope 1 to 3).
- By 2040, we aim to achieve net zero CO2 emissions across our entire value chain (Scope 1–3).
Partnerships and cooperations
As a company looking at long-term orientation, we think and act sustainably. In this sense, we are committed to our customers as well as to society and align our entire ecosystem with the circular economy to comply with our integrated, sustainable strategy. To this end, we enter into partnerships along the entire value creation chain, thus not only strengthening our claim to our role as a pioneer, but also consistently following this path to reduce our entire ecological footprint.
This is evidenced by our partnerships with the Alliance to Zero and our commitment to the Science Based Target Initiative.
Educational grants
We support medical institutes in expanding and securing their expertise with the appropriate instructions, training and supporting services.
Employees
Ypsomed employs a staff of over 2200 qualified people, more of the half of them in Switzerland. This makes us the third largest employer in the medical technology sector in Switzerland. Employees have attractive and future-oriented job and development opportunities. We use a structured talent management process to identify potential and consistently develop skills further.
For us, equal pay is a matter of course.
The promotion of employee diversity and the inclusion of different groups of people (age, gender, nationality, etc.) are important cornerstones of Ypsomed’s personnel policy. Ypsomed consistently implements gender equality and ensures equal pay between men and women: that means, equal pay for the same job for the same experience and the same contribution to the company. This objective has been achieved for several years, as regular external and audited salary analyses have shown.
Integrity
Corporate Governance and Compliance
With a high level of performance in all our activities and honest, open and responsible conduct, we strengthen the trust placed in us by our customers, business partners and shareholders.
Data and information security
As a globally active company, we comply with the laws and regulations on data protection and data security of the countries in which Ypsomed operates. Our processes and procedures regarding data protection and data security are standardised across the group and meet a high level of personal data protection.
Responsible supply chain
We also demand responsible behaviour from our suppliers towards employees, society and the environment. Our Code of Conduct for Suppliers specifies all requirements. In concrete terms, we expect our suppliers to act ethically and with integrity, to respect internationally recognised human rights and to treat their employees with dignity and respect.
