Our Sustainability Strategy
Through our sustainability strategy, we mitigate business risks, reduce negative impacts, and address societal challenges where possible. We remain committed to UN Global Compact Principles, and contribute to seven of the 17 UN Sustainable Development Goals.
Lundbeck became a signatory to the UN Global Compact in 2009. We continue to promote initiatives that demonstrate our commitment to the 10 principles on human and labour rights, environment protection and anti-corruption.
Executive Management assesses Lundbeck’s business risks and opportunities and establishes our sustainability targets as communicated in our annual report.
We release an annual sustainability report with our Communication on Progress report to the UN Global Compact, describing in detail our sustainability performance and targets. For over a decade, we have reported on our sustainability efforts, challenges and contributions to our business, stakeholders and the societies we operate within.
In 2020, we based the key aspects of our sustainability strategy on the UN Sustainable Development Goals (SDGs). We found we have a significant impact on seven of the 17 Goals:
Key examples are Goal 3 that is closely linked to our corporate purpose and dedication to restore brain health and Goal 13 that drives our efforts to prepare for a zero emissions future.
We will use our influence and act to promote Goals 5, 8, 12 and 16. Across our sustainability actions, we are seeking partnerships with others to enable change and maximize impact (Goal 17).
Access to brain health
We are dedicated to improving access to brain health in accordance with WHO.
Climate action
Saving energy and reducing CO2 emissions are strategic priorities for Lundbeck.
Donations and grants
We may provide donations and grants to eligible and appropriate purposes.
Health and safety at work
We offer our employees a sound physical and mental work environment.
Materials use and waste
With our own manufacturing processes, we obtain several sustainable opportunities.
Responsible business conduct
We pursue our business purpose guided by several pillars and our Code of Conduct.
Suppliers and third parties
How we engage suppliers and third parties when providing treatments to patients.
Transparent interactions
How we commit to transparency in the transfer and interactions of value.