The responsibility and commitment of our employees at comprise the foundation of our sustainability efforts. We strive for employees who enjoy their jobs and perform well so that both they and AddLife can grow and create business value. With dedicated and satisfied employees we get higher customer satisfaction, productivity and profitability.
AddLife is an independent player in Life Science and have an entrepreneurial business model with independent subsidiaries.
Our business shall be conducted in line with the principle of long-term, soundly based development. As well as being subject to business economic requirements, goals and guidelines,our business activities shall be conducted in accordance with strict criteria in terms of integrity and ethics. We therefore attach great value to acting in a professional, honest and ethically correct manner. We support the UN Global Compact, ILO core conventions and OECD guidelines for multinational companies and our Code of Conduct is based on these policies.
As a minimum, we observe all applicable laws and regulations and where necessary will also introduce standards in accordance with the Code of Conduct, where laws and regulations do not align with the Code’s objectives. We expect that in their operations suppliers maintain knowledge of and as a minimum requirement observe national legislation in the countries where they conduct their business.
AddLife’s most important stakeholders both influence and are influenced by the business. The most important stakeholders are customers, employees, suppliers and partners, as well as owners.
In 2017 AddLife conducted, with the assistance of external consultants, stakeholder dialogues with subsequent materiality analysis. Representatives of customers, suppliers and owners were interviewed about AddLife’s sustainability efforts and were asked to prioritise the most important sustainability aspects. Selected employees were engaged in a dialogue and a workshop was held for Group Management.
The purpose of the study was to develop the company’s sustainability efforts and to create a basis for sustainability reporting. An analysis of stakeholder expectations and requirements,
combined with the importance of the areas for the business, including the actual ability to have an influence, showed that the aspects below are most important for AddLife. These aspects and the sustainability targets linked to them are common for the entire Group. In addition to these aspects, the individual subsidiaries can also set and implement their own targets. No need for a new materiality analysis was identified for 2018.
The stakeholder dialogue is ongoing and AddLife strives to ensure that it is transparent with a long-term approach. Based on the dialogue, the most important issues are analysed as a
basis for the materiality analysis.
It is of great importance that AddLife conducts its business based on high business standards and goals, as well as on high ethical and moral standards. By continually improving sustainability in our business, we can become a more professional partner in a more demanding business world. For us, business value and sustainability are not in conflict; rather, they support one another. We embrace our responsibility to contribute to sustainable development both within the company and in society at large.
I really believe that responsibility characterises everyday life here. My job includes sustainability issues, where it is extremely important to meet the demands of our customers. We must constantly ensure that our products comply with all quality and environmental requirements and that our suppliers live up to our Code of Conduct. Taking full responsibility for sustainability ultimately affects the business value of the entire company.
