Sustainability is at the heart of what we do at Aspen. We are committed to creating value for our stakeholders in a manner that is responsible, transparent, and that respects the rights of all. We recognise that to achieve long-term success, we need to deliver our business strategy in a way that creates value not only to Aspen and our shareholders, but also to society and the planet.
Our Sustainability Strategy consists of four key pillars: patients, our people, environment, and society underpinned by our goals which aim to ensure an integration and alignment of Aspen’s sustainability objectives with business priorities.
We are excited to share our Sustainability Strategy, endorsed by the Executive Sustainability Forum and approved by the Aspen Board
Patients – Healthier populations
We are committed to promoting access to medicines by providing a reliable supply of high quality, affordable products across the geographies of our operations.
Goals
- Improve the health and quality of life of millions of people each year by increasing access to our portfolio of affordable, quality medicines
- Achieve supply of safe products for patient
Our People – Inspiring culture
We are committed to creating an inclusive, healthy, and safe work environment, where everyone is treated fairly and respectfully and is inspired to develop to their full potential.
Goals
- Achieve diversity and inclusivity in our workforce
- Attract and retain a thriving, talented workforce
- Fair and equitable compensation for our employees
- Ensure the safety and well-being of our employees
Society – Thriving communities
We are committed to operating an ethical and responsible business underpinned by our shared values and governance structures. We uphold the dignity, fundamental freedoms and human rights of our employees, contractors, and the communities in which we live and work, and others affected by our activities.
Goals
- Procure responsibly and ensure ethical and responsible conduct in our supply chain
- Make a meaningful impact on socio-economic value creation while contributing toward black economic empowerment in South Africa
- Contribute towards sustainable and healthy communities
- Maintain high governance and ethical standards
Environment – Restored planet
We are committed to practising responsible environmental stewardship and seeking to minimise any negative impact our operations have on the environment in compliance with applicable laws, regulations, and other environmental management requirements.
Goals
- Reduce our carbon emissions in alignment with the goals of the 2015 Paris Agreement. That is why we aim for a minimum reduction of 50% of our combined scope 1+2 emissions compared to the FY2020 base year and to net-zero in our operations in 2050. We also strive to continue to purchase 100% green electricity every year.
- Responsibly manage our site discharges to air, soil and water
- Exercise responsible water stewardship while promoting effective and efficient water use. Of course, we also strive to reduce our drinking water consumption.
- Apply a lifecycle approach to resource use and waste management
Aspen API contributes to patient’s health and quality of life worldwide
Our Sustainability Goals
Aspen is committed to the Sustainable Development Goals (SDGs). These are the sustainable development goals set by the United Nations. Of these SDGs, four are of particular interest to Aspen API, namely;
| The 4 SDGs that are particularly important for Aspen |
SDG3 Good health and well-being; SDG5 Gender Equality; SDG12 Responsible consumption and production and SDG 13 Climate action. Of course, the other thirteen goals are also important to Aspen and the fact that we focus on these four does not alter the fact that Aspen endorses all UN goals. The choice of these four SDGs is based on the expectations of our stakeholders and because we believe that we can have the most influence on them as a company. We refer to these SDGs in our communication, including in the signature of our emails, and also in presentations about our sustainability program.
