medmix understands its responsibility with regard to our impact on the environment and society, both within the company and in the various communities where we operate. Therefore, the company has continued to accelerate sustainability efforts aimed at minimizing any detrimental impacts, maximizing the benefits and future-proofing growth. At the same time, we invest in building capabilities to adjust to the evolving regulatory landscape and spurring competitiveness and innovation.
"At medmix, we bring innovation to life by continuously improving our processes, products, and solutions focused on sustainability for the future of our employees, our communities, and our customers."
Itee Satpathy
Chief Human Resources, Sustainability & Communication Officer
Sustainability Framework
The medmix approach to Sustainability revolves around People, Planet and Profit – understood to be prosperity as this goes beyond the financial profit of our company.
Through our business and stakeholders’ analyses, we identified current macro trends including mitigating climate risk, stakeholder capitalism, shifts in customer preferences, compliance with current and emerging legislation, water scarcity, biodiversity, and resource preservation.
Responding to these trends, we have continued identifying, and assessing our materiality and impacts to strengthen our sustainability strategy and adjust our roadmap to deliver against our ambitious targets.
We deploy robust site environmental and occupational health & safety management systems to drive sustainable performance, recognizing and developing our teams and supporting our local communities.
Our Values guide our Actions:
Operate responsibly to protect the Planet by continuously improving our performance and reducing our impacts
Innovate to Profit the environment and society by increasing the recyclability of products, investigating circularity, and developing and respecting our Eco-design Principles to address climate change, transportation, and waste
Respect and empower our diverse teams of People and support the local communities
United Nations Global Compact
In 2022, medmix committed to the United Nations Global Compact, and making its principles part of our strategy. We support the Sustainable Development Goals (SDG) and act to help achieve them.
The sections below provide an initial overview of sustainability topics, their relationship with the SDG and outline how we intend to manage them. The information in the tables reflects our sustainability management system at the end of 2022 or related to 2022.
Overview of our area of focus
Planet
At medmix, we recognize the importance of taking a science-based approach to the reduction of our greenhouse gases to meet the goals of the Paris Agreement in limiting global warming to well-below 2°C above pre-industrial levels, and to pursue efforts to limit global warming to 1.5°C.
To accelerate our corporate actions, we have committed to the Science Based Targets initiative, and will define our baseline and targets within the required timeframe.
During 2022, medmix was assessed according to CDP Climate Change, and achieved an “awareness” (C) rating, thus achieving our target 3 years ahead of schedule.
SDG Contributions:
Details of our progress towards our targets are as follow:
Planet
Description
Target
Progress
Management Systems
Strive to continuously improve environmental performance
100% of manufacturing sites certified according to ISO 14001 standard by 2025
33% of 12 manufacturing sites have achieved ISO 14001 certification
This is aligned with the expected timeline
100% of manufacturing sites certified according to ISO 50001 standard by 2025
1 manufacturing site has achieved ISO 50001 certification
This is aligned with the expected timeline
Climate Change
Aim to achieve Net Zero greenhouse gas emissions
Reduce medmix-own emissions1 by -30% by 2025
medmix committed to SBTi (Science Based Targets initiative) and has been accepted. The formal reduction targets will be confirmed within 24 months as per the requirements
The company’s annual emissions improvement will be publicly communicated once it has been externally verified
Reduce value chain emissions by 50% by 2030
Achieve medmix Net Zero on greenhouse gas emissions by 2050
Drive transition to low-carbon electricity
100% of medmix sites supplied with low-carbon or renewable electricity by 2025
11 of 15 sites sourced low-carbon electricity (106399 GJ, representing 73% of the total consumption)
This is an increase of 3 sites and up from 63% in 2021
Focus on energy efficiency
Year-on-year improvement in energy efficiency indexed to revenue
244736 GJ of energy were consumed during 2022, equivalent to 0.51 GJ/kCHF revenue
This is an increase of 1.6% versus the previous year
The energy efficiency was impacted by site expansion and a correction to previously reported 2021 data in 1 site
Water Stewardship
Access to safe drinking water and sanitation
Complete WASH assessment for all manufacturing sites in 2023
Our sites in Shanghai, Sao Paulo and Bengaluru lie in water scarcity areas according to the Aqueduct Water Risk Atlas
In 2023, for the first time, all our manufacturing sites will be assessed to ensure safe access to drinking water and sanitation for our employees
Focus on water withdrawal
Year-on-year improvement in water withdrawal efficiency indexed to revenue
715984 m3 of water were withdrawn during 2022, equivalent to 1.50 m3/kCHF revenue
This is an increase of 8.7% versus the previous year
The water withdrawal was impacted by the increased use of once-through non-contact cooling water (673538 m3 - not consumed) as well as sites returning to the office following the easing of COVID-19 restrictions
Waste for Disposal
Create value from unavoidable waste
Zero waste to landfill by 2025
10 of our sites have achieved Zero waste to landfill, an increase from 9 during the previous year, and no hazardous waste went to landfill
This is aligned with the expected timeline
1)Scope 1, Scope 2 and partial Scope 3 (Fuel and energy related activities + Business Travel)
Profit
We recognize that our responsibilities are not limited to delivering strong financial results. We proactively direct our resources towards innovations that contribute to more sustainable solutions.
We promote and provide sustainable technologies with long-term value, by working to reduce the environmental footprint of our products, by incorporating eco-design principles from the development phase, by increasing the use of Post-Consumer Resin (PCR) and bio-attributed plastics where possible, and by focusing on secondary packing.
SDG Contributions:
Details of our progress towards our targets are as follow:
Profit
Description
Target
Current situation/explanation
Increase Sales of Sustainable Products2
Launch products meeting the medmix definition
Year-on-year increase in availability of products
5 products were launched during 2022 meeting the definition, with at least 10 targeted during 2023
Within Beauty, 8.9% of Sales met the definition, vs. 6.3% in 2021
Reduce climate change impact from own packaging
100% of logistics packaging designed for recycling by 2024
To enable our customers to recycle the packaging that they receive from medmix, all the packaging we use for the transportation of our products shall be designed for recycling
Gold Standard Recognition
Bring added transparency and a quantitative approach through expert evaluation
100% of manufacturing sites rated Gold (or higher) by EcoVadis by 2025
33% of manufacturing sites have achieved at least Gold rating, 2 more than 2021
Rating of “C” or above on CDP Climate Change by 2025
Achieved during 2022, equaling the industry average
The Beauty segment (under the GEKA brand) achieved a B rating, outperforming the industry
Eco-design
Embed Eco-design principles into the product life cycle
All new products to respect Eco-design principles
Established competency and capability in Life Cycle Assessment. Eco-design principles cascaded to teams for use during development projects
Climate change internal screenings will be systematically introduced during 2023
2)Minimum of 30% reduction in CO2(eq.) cradle-to-gate
People
As an aspiring employer of choice, we enable an inclusive workplace for our diverse workforce, promote impactful development opportunities for our employees and facilitate engagement through open and dynamic dialogue. We believe in going the extra mile to support our communities and our employees. Safety is a key priority for us. We promote a safe and healthy work environment and are committed to eliminating hazards, reducing occupational health and safety risks for everyone present at our sites.
The Employee Survey is a key contributor to the development and engagement of our employees. Our 2022 employee survey showed continued commitment of our managers and supervisors in supporting and enabling their teams. medmix employees feel that we treat each other with respect and dignity, and inclusion emerged as a top strength, which is important as diversity of backgrounds and opinions promotes discussion and new ideas, thus greatly contributing to our ability to innovate and grow.
SDG Contributions:
Details of our progress towards our targets are as follow:
People
Description
Target
Current situation/explanation
Management Systems
Strive to continuously improve occupational health & safety performance
100% of manufacturing sites certified according to ISO 45001 standard by 2025
33% of manufacturing sites have achieved ISO 45001 certification
This is aligned with the expected timeline
Promote Safe and Inclusive Workplace
Recordable Injury Frequency Rate3
Year-on-year improvement
The medmix Recordable Injury Frequency Rate = 3.65
The Recordable Injury Frequency Rate is being reported publicly for the first time, and 2022 will serve as the baseline against which we will drive improvement
Lost Time Injury Frequency Rate3
2022 = 2.7
The medmix Lost Time Injury Frequency Rate = 2.43
medmix suffered 17% less Lost Time Injuries than during 2021
Severity Rate4
Year-on-year improvement
While there was an increase in the severity rate (2022 = 50.2 vs. 2021 = 23.8) this was due to 2 longer-term injuries combined with a 3.5% reduction in hours worked
The possibility of restricted work is proactively proposed to injured persons to help their recovery and reintegration into the workforce
# of work-related fatality cases
Zero cases
No work-related fatalities occurred during 2022
EHS (Environment, Health, and Safety) observations
2022 = 1071
1036 EHS observations were made during 2022, fewer than targeted due to closure of Poland
Safety walks
2022 = 1260
1610 Safety walks were performed during 2022, an increase of 10% versus the previous year
Employee Engagement, Learning and Inclusion
Employee engagement
Year-on-year improvement in % of employee survey respondents indicating they feel sustainably engaged with medmix
83% of eligible employees participated in the survey, and 84% of respondents are sustainably engaged. This is an increase from the sustainable engagement rating of 83% in 2021
Life-long learning
Year-on-year improvement in % of managers participating in virtual learning programs to enable flexible employee-led learning
100% of managers were invited to join the EdCast learning platform
We enable an inclusive workplace for our diverse workforce
% Women in management
29% of medmix managers are female
% Women in workforce
46% of medmix employees are female
Swiss Gender Pay Gap
No unexplained significant Pay Gap was identified in the Swiss medmix workforce
Community Engagement
We engage and support communities where we operate
At least one community project per medmix site annually (total 15)
medmix and its employees overachieved with engaging and supporting the local communities, completing 32 projects in 2022, an increase of 77% compared to 2021
3)Per million hours worked, employees only
4)# of lost workdays per million hours worked, employees only