Towards a common goal
At Mölnlycke, we support and commit to reputable international initiatives, as climate change is our common challenge. We believe that collaboration is the most effective way to achieve results.
Sustainable Development Goals
Mölnlycke fully supports the Sustainable Development Goals (SDGs) developed by United Nations, as they provide a clear compass for sustainable business growth and development and are in line with our own agenda of creating shared value.
We have a clear and vested interest in working to develop and scale up sustainable business solutions1, using the SDGs as a lens to address challenges, build a strong growth strategy and access new markets along the way.
We continue to develop business opportunities in alignment with the SDGs and focus on the goals below, where we think we can have the biggest impact:
Our vision is to free patients, caregivers and healthcare systems from the burden of wounds and hospital-acquired infections with our innovative medical solutions.
We recognise that diversity, equality and fair treatment of all our stakeholders is both a fundamental human right, as well as a source of competitive advantage.
We strive to increase the total share of renewable energy throughout our value chains and have committed to a target of 100% renewable energy by 2030 at the latest.
We act as a responsible employer with a vision of healthy, safe and engaged workforce which embraces diversity, equity and inclusion.
We are committed to empowerment and promoting the social, economic and political inclusion of all, irrespective of age, sex, disability, race, language, ethnicity, origin, religion, education or economic or other status.
We support the principle of sustainable practices in production and consumption. These practices include resource efficiency, waste reduction and management, eliminating hazardous materials.
We address climate challenges as part of our overall growth strategy and approach to new markets. We have committed to the Science Based Target initiative to achieve the long-term goal of becoming carbon-neutral by 2050 at the latest.
We are committed to contribute to substantial reduction of corruption and bribery in all their forms throughout our value chains, including third-party management. This is implemented by making ethics and compliance a priority.
We actively seek external partnerships with stakeholders, including customers, suppliers and NGOs to exchange knowledge and expertise, build synergies and harness the power of collective competences to contribute to the other Sustainable Development Goals.
We are a signatory to UN Global Compact and support its Ten Principles in the areas of Human Rights, Labour, Environment and Anti-corruption.
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In December 2022 we joined the network of companies taking action on climate change by committing to set both near-term emission reduction targets, as well as Net Zero targets, in line with the criteria and recommendations set by the Science Based Targets initiative. This is a major milestone in our journey to Net Zero by 2050 at the latest.
Awards, disclosures and ratings
The world’s largest and most trusted provider of business sustainability ratings - EcoVadis, has awarded Mölnlycke a gold medal for our focus on sustainability. In 2023 they ranked us in the top 3% of companies worldwide.
Carbon Disclosure Project (CDP) aims to make environmental reporting and risk management a business norm, driving disclosure, insight, and benchmarking. We report climate risks and low carbon opportunities through the CDP Climate questionnaire for the benefit of all our stakeholders. In 2022 CDP awarded Mölnlycke a B rating, higher than average for a medical supply company.
The Task force on Climate-related Financial Disclosures (TCFD) provides information to investors on companies’ governance and actions to mitigate the risks of climate change. We support the recommendations from Task Force on Climate-Related Financial Disclosures (TCFD) and include those disclosures in our external sustainability reporting.
Certifications from accredited bodies
ISO9001 establishes a quality management system to help ensure organisations meet customer and other stakeholder needs within statutory and regulatory requirements related to a product.
ISO45001 establishes a health and safety management system to help organisations promote and protect physical and mental health, to reduce occupational injuries and diseases. Since December 2020 all manufacturing sites and HQ are certified to ISO 45001.
ISO 14001:2015 specifies the requirements for an environmental management system that an organisation can use to enhance its environmental performance. It places focus on an organisation’s impact on the external environment. In order to work systematically and to meet external expectations, Mölnlycke has chosen to follow ISO 14001 standards in an integrated EHS management system. Our HQ and most manufacturing sites have been certified in accordance with ISO 14001 since 2002.
Forest Management Certification (FSC) confirms that packaging timber comes from a forest managed to preserve biodiversity, and that benefits the lives of local people and workers. Our products or packaging bearing the FSC logo contain material from the FSC’s certified system.
International Sustainability and Carbon Certification (ISCC) confirms that products contain materials from well-managed sources via a tightly controlled supply chain. This certification applies to the bio-based content in a growing number of our operating room drapes.
1By sustainable business solutions we mean a system based on sound environmental, social, and economic approaches that eliminates negative social, environmental, and economic impacts.
