1. Act4Impact – Almirall's 2030 Sustainability Strategy

Sustainability isn’t just an idea, it’s an action, going deeper than what we see to create an impact we can all feel. 
Being sustainable has always played an essential role in everything we do at Almirall. From reducing our carbon footprint and better covering our patient’s needs to feeding innovation and nurturing our team. For us, sustainability is more than just a commitment: it’s a pillar to create long-term value.

Like every journey, our roadmap keeps evolving. “Together we care”, our 2021 – 2023 Sustainability Strategy, was our most recent stop, where we promoted sustainable development, empowered growth, and acted with integrity. With everything we have accomplished, we are ready to go one step further to transform our patients’ worlds and our own. Now is time to raise the bar, increase our ambition, go beyond caring and act for a greater impact.

“Act for impact”, our 2030 Sustainability Strategy, is a foundational factor in our plan to achieve our purpose. It is structured around four strategic pillars – Planet, People, Patients and Partners – and a fifth overarching element – our Principles – which govern our behaviors across all areas of the company. The strategy consists of  20 strategic lines of action, each monitored by indicators and targets to ensure robust and comparable monitoring over time. Through this comprehensive approach, Almirall strives to make a meaningful and lasting difference in society and the environment while upholding its core principles of transparency, responsibility, ethics, and compliance.

ACT4IMPACT – OUR 2030 SUSTAINABILITY STRATEGY

  How can we make sure we are on the right track? Listening to our internal and external stakeholders to ensure our plan remains relevant and updated. Download a list of our material themes here.

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SUSTAINABILITY GOVERNANCE

The supervision and coordination of all business activity related to sustainability fall under the auspices of Almirall's CEO, with supervision from the Audit Commission. The CEO proposes the strategic lines and corporate plans regarding sustainability, establishes the necessary management and control measures, and reviews programmes and initiatives. The operational functions are delegated to the Sustainability Committee, created in 2020.

The Sustainability Committee meets on a quarterly basis to manage and lead the periodical action plans, programs, relevant projects and initiatives related to the Sustainability strategy approved by the Board of Directors. It has the following responsibilities:

  • Endorse the Sustainability Strategy to be submitted by the CEO to the Board of Directors and push it into the organization.
  • Analyze, promote, and supervise Almirall’s Sustainability Strategy including the company’s sustainability objectives, action plans and practices across the main pillars of the sustainability areas, namely Planet, People, Patients, Partners and Principles.
  • Endorse key initiatives across functions and follow them up to ensure delivery.
  • Ensure that the Sustainability Strategy and its actions are aligned with our Purpose, company’s strategy, culture and values.
  • Ensure that the increasing requirements of ESG and Sustainability-related audits and reporting from different stakeholders (authorities, partners, voluntary schemes, ratings, etc.) are met and guarantee alignment with other requirements to which the company subscribes.
  • Support the Sustainability internal and external communication plans.

 

ESG GOVERNANCE

The supervision and coordination of all business activity related to ESG and sustainability fall under the auspices of Almirall's CEO, with supervision from the Audit Commission. The CEO proposes the strategic lines and corporate plans regarding ESG, establishes the necessary management and control measures, and reviews programmes and initiatives. The operational functions are delegated to the ESG Committee, created in 2020.

The ESG Committee meets on a quarterly basis to manage and lead the periodical action plans, programs, relevant projects and initiatives related to the ESG strategy approved by the Board of Directors. It has the following responsibilities:

  • Propose the ESG strategy and program of the Company to be submitted by the CEO to the Board of Directors and push it into the organization.
  • Maintain and foster an inventory of ongoing and finished CSR and ESG initiatives, ensuring its impact internally and externally.
  • Endorse key initiatives across functions and follow them up to ensure delivery.
  • Support the CSR and ESG internal and external communication plans.
  • Ensure that the increasing requirements of Sustainability, CSR and ESG audits and reporting from different stakeholders (authorities, partners, voluntary schemes, etc.) are met.

 

2. Our contribution to the SDGs

The 2030 Agenda

The United Nations 2030 Agenda provided a path to progress, setting out 17 Sustainable Development Goals (SDGs) and 169 targets with the aim of transforming our global development model by 2030. At Almirall, we want to play our part in meeting these Goals and we are members of the UN Global Compact, the world's largest corporate sustainability initiative to implement universal sustainability principles. Almirall supports the mission of the UN Global Compact to mobilise a global movement of sustainable companies and stakeholders to create the world we want. 

We have conducted an in-depth analysis of the goals and targets that we can make the most productive contribution to. We evaluate our contribution to the SDGs by connecting them to our KPIs, targets and future strategic direction.

Our Contribution to the SDGs

While we acknowledge that our business impacts all 17 SDGs to varying degrees, we have prioritised those where our contribution is most significant and where Almirall has the greatest capacity for impact and action. Aligned with our Noble Purpose, Good Health and wellbeing (SDG 3) is at the heart of our purpose. We have also identified SDG 5, 7, 8, 9, 13, 16 and 17 as priority goals and areas of work.

 

3. Measuring our progress

Our ambition is reflected in our Sustainability Policy and is developed in our Sustainability Strategy, which sets the roadmap to follow in accordance with the five main pillars, which enable us to address global challenges. This vision cascades down into initiative and goals for 2030, against which we measure our progress.
 

The Sustainability Dashboard includes a set of targets approved by the Board of Directors in 2024. These targets are linked to the variable remuneration of all Almirall's Management Board members.

METRICS AND KPIs

 

Pillar Initiatives ID Goal Target 2025 Target 2030 SDGs
PLANET Net Zero Emissions PLA1 Reduce absolute scope 1 and 2 emissions according to 1.5°C scenario ≥ 12% ≥ 50%

PLA2 Reduce absolute scope 3 emissions according to WB2°C scenario ≥ 8% ≥ 28%
PEOPLE Wellbeing, occupational H&S PEO1 ‰ accidents incidence rate ≤ 8 ≤ 7

Talent Management PEO2 Hours of training per employee ≥ 35 ≥ 45
PEO3 % turnover ≤ 10%
PEO4 eSat ≥ 78 ≥ 81
Diversity, Equity and Inclusion PEO5 % women in senior leadership ≥ 40% 45-55%
PEO6 % gender pay gap  +/-2.5% +/-2%
PATIENTS Patients impact PAT1 Patients impacted with our strategic derma portfolio (x1000 patients) ≥ 992 ≥ 1848
PARTNERS Sustainable Procurement PAR1 % spend with ESG audited suppliers ≥ 64% ≥ 75%

PAR2 Reduce absolute scope 3 emissions according to WB2°C scenario ≥ 60% ≥ 75%
PAR3 Reduce absolute scope 3 emissions according to WB2°C scenario ≥ 58% ≥ 69%
PRINCIPLES Board diversity PRI1 % independent Board Directors ≥ 50% ≥ 50%

PRI2 % women in the Board of Directors ≥ 40% ≥ 40%
Sustainability in governance PRI3 % employees trained on sustainability ≥ 40% 100%
Ethical behaviour PRI4 % employees trained on Code of Ethics 100%

Click here to know more about each KPI 

4. Sustainability indices, memberships and recognitions

At Almirall, we have a strong commitment to ESG and take pride in having it recognized by some of the world’s most relevant sustainability ratings. 

 

 

 

Other recognitions 

Almirall’s environmental and energy management systems are certified according to the international standard ISO14001:2015 and ISO 50001:2018 respectively. This demanding certification covers our activities in R&D, the manufacturing of active pharmaceutical ingredients, and manufacture & wholesale of pharmaceutical products. 

The company nurtures a safe work environment and it has a pioneering company in obtaining the certification of its occupational health and safety system according to the new ISO 45001:2018 standard (which replaces the previous OHSAS 18001:2007, for which it has held certification since 2007). This certification is currently held by Almirall’s operating centres in both Spain and in Germany.