Did you know that if you let the water run in your house for two minutes every day, it is equivalent to throwing away 11 to 19 liters of water? What we often think is free-of-charge can cost us a lot.
But first things first. The world is changing rapidly. It is what the latest studies show, indicating that as much as 60 percent of the world's urban population believes that their choices and actions can have a positive social and environmental footprint. At the same time, as few as one in ten brands globally offers such choices. Nowadays, many understand that environmental sustainability and socially responsible behavior are increasingly the key to a better future for all of us, and the implementation of ESG principles and establishment of sustainable corporate operations are taken for granted.
Hemofarm belongs to that narrow circle of conscientious and responsible companies that strives to inspire its customers as well as other brands by sustainable products and operations so as to take the path of sustainable development themselves. As a pioneer in sustainability reporting among companies in Serbia, Hemofarm shows responsibility in everything it does, which makes it worthy of the leadership position not only in the pharmaceutical industry but also in sustainable development in Serbia. It is also confirmed by the tenth jubilee sustainability report, which Hemofarm published at the end of previous year.
Sustainability relates not only to operations and good business results but also to our efforts in reducing the consumption of all the resources we use. There has been a decade of reporting on sustainability behind Hemofarm, during which we have invested a lot of effort and commitment to contribute to making the world a better place to live in. We have worked on educating and motivating Hemofarm employees, their families, business partners, consumers and the community so as to understand and apply ESG principles in everyday life. Hemofarm is presently acknowledged as one of the sustainability leaders in Serbia and the region, as well as the strongest link in sustainability in STADA Group. Hemofarm is a member of the UN Global Compact in Serbia, and along with other companies and organizations we are working on making the sustainable development a must for all companies in Serbia.
In Hemofarm’s case, ESG reporting is a process in which we talk about our progress in reducing the footprint in the environment (Environmental), social environment (Social), as well as the ways of improving the organization management (Governance), year-in year-out. Qualitative and detailed research is carried out for all the three stated areas and the achieved results are compared to previously defined ESG risks and strategies in the preparation of Hemofarm’s annual report.
As someone who has been working on the preparation of the Sustainability Report of Hemofarm for ten years, and of STADA Group as of recently, I can say that on the one hand, creating an ESG report can often be a challenging task, but on the other hand, there is a great sense of pride when you see the direction in which the company you work in is developing and how far it has progressed in that period. And the results are more than impressive. We have saved 178,995 trees, which is equal to 190 hectares of forest or 242 football fields, by using recycled cardboard for product packaging only over the course of 10 years. In other words, we have preserved a forest territory equivalent to the area of the Belgrade municipality Vračar. We have been taking care also of our common home, the planet Earth, and have saved electricity and water that Hemofarm consumes within approximately 14 months or 400 business days, on average, by rational use of resources for 10 years. Women account for the majority of employees in Hemofarm (54.5%), while as much as 50% of our team consists of millennials and members of younger generations, gathered in a single great One STADA.
However, sustainability is not the task of companies alone. Each of us individually can make a contribution. For example, when we leave the house or work, we should not leave the light on or the window open. In this way, we learn how much natural resources we can save. It is precisely what we have done in Hemofarm. Firstly, we have jointly tried to change ourselves for the better, we have improved ourselves and learned what we can do to leave a better world for the generations to come. And it is the reason why ESG is an excellent path which you can take, see where you are and set yourself goals in order to achieve results that not only you will be proud of, but also the environment in which you operate. Hemofarm has been on that path for a long time, and we invite others to join us!
Source: Edicija održivog poslovanja
