Sustainable development is one of our core principles. We consider ourselves successful when our success has a positive impact on the natural and social environment as well.
We keep in mind the impact we are having on future generations when carrying out activities and projects that are designed to contribute to the social environment, encourage young people and serve as an example of corporate governance.
ESG Policy
The ESG Policy is a strategic document on ESG governance of the Krka Group’s strategic document on ESG governance of our environmental (E), social (S), and corporate governance (G) aspects. It stipulates the fundamental principles and efforts invested into setting up sustainable operations, which we pursue in our business and relations with different stakeholder groups throughout the entire value creation chain and whose interests we take into account when making business decisions.
Combining our business model with Krka Group’s strategy allows us to identify our impacts, sustainability risks and opportunities more efficiently, and manage them strategically. throughout the entire value creation chain and whose interests we take into account when making business decisions.
Key sustainability topics
Our primary care is intended for the patients, whom we provide with an uninterrupted supply of high-quality, safe, effective and affordable generic medicines. The needs of our stakeholders and the social environment are addressed through regular and proactive dialogue.
The impact of the Krka Group is most strongly felt in in six key sustainability areas of the ESG strategy (Environment, Social, Governance), which shape our long-term strategic potential for achieving business goals.
product quality and patient safety
- Quality, safety and efficacy of medicines and APIs
- Integrated quality management system
- Fair disclosure of adverse reactions, product labelling, and anti-counterfeiting
- Animal welfare
Talent attraction and retention
- Recruitment, development and talent management
- Employee health, safety and well-being
- Employee diversity, inclusion and participation
Good leadership and governance practices
- Legislative and regulatory compliance
- Supply chain and business continuity
- Resilient and flexible vertically integrated business model
- Prosperous business operations and financial strength
- Information security
- Management diversity, independence and competence
- Remuneration system that considers sustainable results
- Contribution to local community development
ACCESSIBLE HEALTHCARE
- Uninterrupted supply of medicines
- Effective registration procedures
- Research and development and a culture of innovation
- Patient-tailored range of medicines
- Affordable products
- Support for healthcare professionals
- Initiatives to raise awareness of healthy lifestyles and identification of widespread diseases
Planet and climate change
- Hazardous material management
- Product life-cycle management
- Efficient use of energy and natural resources
- Waste management
- Carbon emission control
MATERIALITY ASSESSMENT PROCESS
We build the trust of stakeholders by engaging them, understanding their viewpoints and addressing their expectations as well as acting on the information we get from their reactions and initiatives. We take the latter into account when making our strategic directions and day-to-day business operations, which we gear towards creating lasting value for stakeholders and society.
Krka’s mission is to enable people to lead healthy and quality lives. We can achieve this only by having a balanced and sustainable development and by preserving the natural environment intact for present and future generations. In the pursuit of our mission we focus on key ESG topics – product quality, patient safety and affordable healthcare. Our governance processes and business decisions are based on our mission, vision and values, which allow us to pursue our business strategy, achieve long-term strategic goals and create value for stakeholders.
DOUBLE MATERIALITY MATRIX OF KRKA GROUP
MAIN SUSTAINABLE DEVELOPMENT GOALS FROM PERSPECTIVE OF KRKA GROUP
We strive to fulfil the United Nations’ sustainability goals and enhance the positive impact of Krka Group on the environment and stakeholders. We act in line with the goals of the 2030 Agenda for Sustainable Development. Our core business significantly contributes to Goal No. 3 – “Good health and well-being”. With preventive measures and treatment, we aim to help reduce cases of premature death due to infectious diseases, as well as promote mental health and well-being.
PREPARE A PHOTO OF ESG GOALS IN LOCAL LANGUAGE
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