Sustainability

Our focus on sustainability 

Sustainability is a central part of AddLife's vision to improve people's life by being a leading, value-creating player in Life Sciences. Integrating responsible business practices is an essential part of how we do business, and how we deliver business value. We address our impacts in relationships throughout the value chain, as producer and distributor, as an employer as well as in our role as a market participant.

Increased healthcare needs and costs for a growing and aging population will lead to changes in healthcare. Connected devices, advancements in data analysis, and artificial intelligence will support the transition from acute treatment to lifelong wellbeing and early diagnosis. Transparency regarding human rights, working conditions, and business ethics of suppliers and business partners are increasingly becoming fundamental criteria for our stakeholders. At the same time, all sectors of society must contribute to solving the challenges of climate change and resource scarcity.
We aim to be flexible and agile in responding to changing expectations to continue delivering our vision. Sustainability is a central part of our vision to improve people's lives and therefore an integrated part of the long-term strategy of the business. We are committed to making a positive impact on the world through our products and services.
Each subsidiary is responsible for its own business operations within the framework of the growth, profitability, and sustainable development requirements set by the group. Our decentralized model, with about 85 operational units, more than 4,000 product suppliers, and many more product categories, also means complexity. Local responsibility and entrepreneurship, combined with a wide variation in the size and focus of the companies, make it challenging to have a uniform model that fits all companies. Thus, our sustainability work is integrated within the different parts of the group and is adapted on a case-by-case basis.
Based on our value chain and stakeholder dialogues, we have identified three sustainability areas where we as a group can primarily contribute to a long-term sustainable society. We have also identified specific goals and key figures linked to these areas.

Our sustainability goals

1. Sustainable solutions - Driver of climate smart offering
2. Sustainable culture - Attractive employer and business partner
3. Sustainable growth - Responsible market participant 

Our emissions

Approximately 80 percent of our net sales is generated from our role as a distributor. Procurement of raw materials and production mainly occur with third-party suppliers. Therefore, our environmental impact is mainly indirect. We collaborate with suppliers that have production facilities all over the world. Through well-established relationships with these partners, we aim to influence areas such as material selection, product development, logistics and efficient production, human rights, working conditions, and business ethics. We monitor risks by evaluating suppliers and trying to initiate change through close dialogue.
In our role as a producer, which accounts for approximately 20 percent of revenue, we can have greater control over the supply chain, production processes, and material selection.
The majority of our emissions are indirect and come from suppliers, distributors, and end customers. AddLife's direct emissions are estimated to account for only about 2% of the total emissions associated with our operations. Therefore, we engage in sustainable initiatives throughout the value chain to minimize the negative impact our operations have on the environment.

Illustrative example

Scope 1 emissions refer to direct emissions that arise from sources controlled by the group, primarily refer to emissions from own and leased vehicles.
Scope 2 emissions include indirect emissions that arise from the production of the energy that the group purchases and uses, for example emissions from electricity production that is used to run the group's facilities.
Scope 3 emissions include all other indirect emissions that occur in the group's value chain, including, for example, emissions from transport of raw materials and products, external production and waste management.