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TAG overview

Economic Standards

GRI Standards and Disclosure Number

 

Comment

 

Reference

GRI 201: ECONOMIC PERFORMANCE 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Company profile
Statement on Corporate Governance
Economic performance
Pension schemes
Report on Risks and Opportunities

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

201-1

 

Direct economic value generated and distributed

 

 

 

Indicators: employees
Indicators: economics
Indicators: community
Community engagement
Consolidated Income Statement
Consolidated Cash Flow Statement
Operating Activities
Personnel expenses

201-2

 

Financial implications and other risks and opportunities due to climate change

 

We report in detail on various aspects of climate change as part of our participation in the CDP (formerly known as the Carbon Disclosure Project).

 

Water management
CDP
Report on Risks and Opportunities

201-3

 

Defined benefit plan obligations and other retirement plans

 

 

 

Indicators: employees
Pension schemes

201-4

 

Financial assistance received from government

 

 

 

Accounting: Property, plant and equipment
Research and development costs

GRI 202: MARKET PRESENCE 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Career with us

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

202-1

 

Ratios of standard entry level wage by gender compared to local minimum wage

 

This indicator is not relevant to us, which is why we do not collect data on the ratio of the standard entry level wage compared to local minimum wage. Our Global Rewards Policy applies to all our subsidiaries worldwide and guarantees a systematic compensation structure. Both base pay and short-term variable compensation are oriented to the median base pay of the relevant reference market. Our pay brackets are reviewed on an annual basis and reflect market conditions. It goes without saying that we always adhere to local minimum wage levels.

 

Career with us

202-2

 

Proportion of senior management hired from the local community

 

We promote both the recruitment of local employees and their international deployment at all hierarchical levels. We do not record the proportion of local managers, as this is not relevant for the strategic personnel management of our company.

 

Good Leadership

GRI 203: INDIRECT ECONOMIC IMPACTS 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Global strategy
Focus programs
Prices of medicines
Pharmaceutical supply chain
Health awareness

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

203-1

 

Infrastructure investments and services supported

 

 

 

Global strategy
Pharmaceutical supply chain
Mica supply chain
Community engagement

203-2

 

Significant indirect economic impacts

 

 

 

Prices of medicines
Pharmaceutical supply chain
Focus programs
Community engagement

GRI 204: PROCUREMENT PRACTICES 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Supply chain standards
Mica supply chain
Human rights

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

204-1

 

Proportion of spending on local suppliers

 

We have no internal guidelines stipulating that preference be given to local vendors in allocating contracts and therefore do not collect this type of data.
In some countries local laws require contracts to be awarded to regional suppliers.

 

Supply chain standards

GRI 205: ANTI-CORRUPTION 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Compliance management
Supply chain standards
Values and compliance

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

205-1

 

Operations assessed for risks related to corruption

 

 

 

Compliance management
Indicators: business ethics
Values and compliance
Report on Risks and Opportunities

205-2

 

Communication and training about anti-corruption policies and procedures

 

 

 

Compliance management
Indicators: business ethics

205-3

 

Confirmed incidents of corruption and actions taken

 

As applicable, we report on risks from litigation and legal proceedings in our Report on Risks and Opportunities.

 

Compliance management
Indicators: business ethics
Report on Risks and Opportunities

GRI 206: ANTI-COMPETITIVE BEHAVIOR 2016

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Compliance management

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

206-1

 

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

 

 

 

Indicators: business ethics

 

 

 

 

 

 

 

Additional material topics

TECHNOLOGY (Innovation and R&D, Digitalization)

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Innovation and digitalization
Good Leadership
Career with us

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

DATA PROTECTION

103-1

 

Explanation of the material topic and its Boundary

 

 

 

Data privacy

103-2

 

The management approach and its components

 

 

 

103-3

 

Evaluation of the management approach

 

 

 

Information

The current Sustainability Report 2021 can be found here.