Reduced environmental footprint
Our vision of achieving net-zero by 2045 translates into actionable measures across the countries we are in.
Our vision of achieving net-zero by 2045 translates into actionable measures across the countries we are in.
At Wellspect, we believe in the collective responsibility of businesses to drive a more responsibe production and to reduce the environmental footprint of the MedTech industry. This is why we scrutinize machinery, energy sources and materials to continously reduce our environmental footprint.
Our ambition to reach net-zero by 2045 is anchored in globally recognized science-based targets. To quantify our progress, we report on key environmental metrics, always using previous years' data as a baseline.
In 2022, we announced our commitment to the Science Based Target initiative (SBTi), with the plan to submit our near and long-term targets for validation in 2023. Guided by a commitment to reduce our entire operation’s environmental footprint, we have established cross-functional groups to achieve the sustainability targets we have set in various areas, including waste management, energy consumption, and chemicals.
We map and monitor our carbon footprint across emission scopes to continuously improve processes, lower emissions and improve data quality.
We work with reduction of waste in the whole value chain. Our work includes redesign of packaging to minimize waste and scrap as well as waste recycling activities.
Our manufacturing sites in Turkey and Sweden, use solely electricity from renewable sources. This includes renewable electricity with a guarantee of origin as well as self-generated electricity from solar power.
We are optimizing core manufacturing processes to reduce the amounts of chemicals used in our products and to replace them with alternatives that are less harmful to living organisms.
In 2022, 27% of our manufacturing waste was sent for material recovery.
100% of the electricity used at our manufacturing sites is from renewable sources.
A new catheter coating process at our production site in Mölndal, resulted in a 35% reduction of water consumption.
In 2022, we reduced our direct emissions and indirect energy related Green House Gas (GHG) by 26%, compared to 2021.
We have identified where our opportunities and objectives are aligned with the UN Sustainable Development Goals (SDGs). Our work on reducing our environmental footprint is aligned with the following goals:
In our pursuit of sustainability across our value chain, we drive innovation throughout our company and its business processes.
Our commitment to reducing our environmental footprint is based on being mindful of nature’s limited resources. It directly ties into responsible consumption and production.