Integrated Report
2024

Currently viewing: | Achieving impact through our sustainability pillars | Next: Governance and remuneration

Our approach to sustainability

We are dedicated to creating lasting value for our stakeholders in a responsible, transparent manner that upholds the rights of all. We recognise that achieving long-term success requires delivering our Business Strategy in a way that not only benefits Aspen and our shareholders, but also demonstrates our responsibility to society and the planet.

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.

As a pharmaceutical company, and aligned to our purpose of improving the health and quality of life of patients, we have a responsibility, and the opportunity, to make a meaningful contribution to the global challenge of making healthcare accessible to all.

Our goals

Improve the health and quality of life of millions of people each year by increasing access to our portfolio of affordable, quality medicines

Contribute to health security for Africa through enhancing manufacturing and commercialisation capability and capacity on the continent

Partner with relevant stakeholders to strengthen healthcare systems and enhance broad access to essential medicines by vulnerable populations

Achieve supply of safe products for patients

Inspiring culture

We are committed to creating an inclusive, healthy and safe work environment, where everyone is treated fairly and with respect and is inspired to develop to their full potential.

To deliver on our purpose of improving the health and quality of life of patients, we must attract, develop and retain diverse people who are the best at what they do.

Our 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

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.

Our long-term success depends on building and maintaining trust with society. Responsible corporate citizenship is grounded in a commitment to upholding the highest ethical standards in the conduct of our global business operations.

Our goals

Procure responsibly and ensure ethical and responsible conduct in our supply chain

Make a meaningful impact toward socioeconomic value creation while contributing toward black economic empowerment in South Africa

Contribute towards sustainable and healthy communities

Maintain high governance and ethical standards

Restored planet

We are committed to practising responsible environmental stewardship seeking to minimise any negative impact our operations have on the environment in compliance with applicable laws, regulations and other environmental management requirements.

Access to a clean, healthy and sustainable environment has been declared a universal human right. To enable a healthier world, we must take steps to reduce the impact we have on the environment as we convert and use natural resources in the manufacture and distribution of our quality medicines and APIs.

Our goals

Reduce our carbon emissions in alignment with the goals of the Paris Agreement chain

Responsibly manage our site discharges

Exercise responsible water stewardship and pursue water neutrality in operations located in high water stress areas

Apply a lifecycle approach to resource use and waste management

Achieving impact through our sustainability pillars