Sustainability

People and Society

We at Oriola have a responsible role in the whole pharmaceutical distribution value chain – we help our customers from the pharmaceutical companies to end users. To strengthen our sustainability impact, we systematically develop sustainability through our key themes in line with the Sustainability Development Goals (SDGs) set by the United Nations.

Our sustainability themes are People and Society, Climate and Environment, Responsible Partner and Economically Sustainable.

We play an important role in society in ensuring safe and on-time deliveries and sustainable usage of pharmaceuticals. Competent and engaged employees are the key success factor and the foundation of sustainable business for Oriola.

 

Our commitment

We are disclosing the CDP Climate Change Program, and we are committed to the Ten Principles of the United Nations Global Compact (UNGC). We align our policies and actions according to all the aspects of UNGC related to human rights, labour, environment and anti-corruption.

Our commitment

Materiality Assessment

Constant dialogue with our stakeholders is essential for us to develop our way of working. In 2018, we conducted a sustainability stakeholder questionnaire with our key stakeholders to assess that our sustainability agenda is focusing on the relevant topics.

Materiality Assessment

Value creation

Oriola creates value for various stakeholders, from suppliers to consumers and owners. We have an important role in society through pharmaceutical distribution, knowledge and advisory as well as effectively helping to reduce healthcare costs.

Value creation

Oriola as an employer

Oriola offers a wide variety of tasks in the pharmaceutical sector to some 2,700 employees in Finland and Sweden.

Oriola as an employer

Diversity

Oriola is an equal and fair workplace that supports diversity. Oriola's Code of Conduct defines ethical norms and business practices that each employee must observe in their work.

Diversity

Pharmaceutical safety

As a distributor of pharmaceuticals, Oriola is responsible for the storage of medicines and their distribution to pharmacies, hospitals and other pharmaceutical service providers.

Pharmaceutical safety

Tax footprint

The tax footprint comprises the tax revenue generated for society by the company's operations and the distribution of the tax effect between countries.

Tax footprint

Climate and Environment

As an important actor in the pharmaceutical value chain, our responsibility is to minimise our impacts on the environment. Oriola Environmental Policy outlines the commitment to reduce the environmental impacts of our operations.

The most significant impacts on the environment caused by Oriola business are associated with facility maintenance, transportation of pharmaceuticals, and packaging waste. Oriola AB and Svensk Dos in Sweden have ISO 14 001:2015 (Environment Management System) certificates. The best practices for monitoring and measuring environmental impacts will be harmonised between countries to identify where improvements are needed.

Oriola Group Environmental Policy

In Oriola Group we are committed to:

  • comply with all applicable environmental legislation
  • work to lower energy consumption, minimise waste, increase recycling at our own premises and decrease the emissions generated from transportation
  • work to find further development areas, minimise risks of environmental incidents and prevent pollution
  • consider environmental issues when making procurement decisions, subcontracting agreements and investment decisions
  • ensure that resources are available to maintain and continually improve environmental activities
  • provide our personnel with information and opportunities to act in an environmentally-friendly manner
  • communicate our environmental impacts annually in different channels

Energy

The significant environmental impact of our operations is associated with the energy consumed by our facilities.

Energy

Transportation

Pharmaceutical transportation is one of the core businesses for Oriola. Our distribution network, which mostly consists of road transport, covers all of Finland and Sweden.

Transportation

Waste

Oriola complies with the order of precedence laid down in the Waste Act. First, the generation of waste is minimised and the generated waste is reused as much as possible.

Waste

Responsible Partner

We act as an efficient and reliable channel between pharmaceutical and other manufacturers and consumers. Quality management and compliance with regulations are the foundation of our operations. Our aim is always beyond regulatory compliance levels, and we require high ethical standards also from our partners.

Quality Management

Oriola's quality management is founded on the laws and regulatory requirements applicable in the pharmaceutical sector and on quality management standards, especially ISO 9001.

Quality Management

Supply Chain Management

Procurement principles, supplier selection and approval processes are important for Oriola. Oriola promotes adherence with its principles among its business partners and suppliers.

Supply Chain Management

Business secrets

All Oriola Group employees undertake to honour the company's business and professional secrets and other confidential information.

Business secrets

Economically Sustainable

At Oriola, economic sustainability means that we produce economic added value for shareholders and other stakeholders, such as personnel, customers, suppliers and society. We develop our operations systematically and utilise our resources efficiently.

Good corporate governance is the base for economic sustainability, as well as open and regular communication about the development of our financial and sustainability performance and the factors affecting it. We describe our economic impacts in more detail in our value creation model and key financial figures are presented in the financial statements.

We see economic sustainability beyond financial reporting. Our Code of Conduct guides management and personnel practices.

CODE OF CONDUCT

The Oriola Code of Conduct outlines the ethical principles concerning our work. The Code of Conduct applies to all our employees and businesses, and each employee is expected to follow it. The Code of Conduct represents Oriola’s company culture, which is based on law, good corporate governance, openness, fairness and confidentiality.

The Code of Conduct contains the company's policies on fighting bribery and corruption, compliance with competition laws, collaboration and dialogue with stakeholders, and employees' secrecy obligation and avoidance of conflicts of interest. The code of Conduct also provides confidential channels for reporting actions that are in violation of the Code of Conduct and the consequences of these actions. The company's Board of Directors monitors compliance with the Code of Conduct.

  • We comply with the law
  • We avoid conflicts of interest and do not engage in bribery
  • We are committed to fair competition
  • We protect Oriola Group material and intellectual property
  • We do not disclose confidential information and we comply with insider regulations
  • We provide reliable financial records
  • We promote openness and transparency
  • We promote non-discrimination and fair employment
  • We promote health and safety
  • We minimise environmental impacts
  • We do not support political activities
  • We maintain continuous dialogue with authorities

BUSINESS PARTNER CODE OF CONDUCT

We have Business Partner Code of Conduct. We expect our suppliers and other business partners to demonstrate their commitment and our requirements concerning bribery and corruption, human rights, discrimination, environmental impacts and transparency.