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- 2023 Non financial information report PDF (2.1MB)
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Commited to our purpose
Sustainability isn’t just an idea, it’s an action, going deeper than what we see to create an impact we can all feel.
Being sustainable has always played an essential role in everything we do at Almirall. From reducing our carbon footprint and better covering our patient’s needs to feeding innovation and nurturing our team. For us, sustainability is more than just a commitment: it’s a pillar to create long-term value.
Like every journey, our roadmap keeps evolving. “Together we care”, our 2021 – 2023 Sustainability Strategy, was our most recent stop, where we promoted sustainable development, empowered growth, and acted with integrity. With everything we have accomplished, we are ready to go one step further to transform our patients’ worlds and our own. Now is time to raise the bar, increase our ambition, go beyond caring and act for a greater impact.
“Act for impact”, our 2030 Sustainability Strategy, is a foundational factor in our plan to achieve our purpose. It is structured around four strategic pillars – Planet, People, Patients and Partners – and a fifth overarching element – our Principles – which govern our behaviors across all areas of the company. The strategy consists of 20 strategic lines of action, each monitored by indicators and targets to ensure robust and comparable monitoring over time. Through this comprehensive approach, Almirall strives to make a meaningful and lasting difference in society and the environment while upholding its core principles of transparency, responsibility, ethics, and compliance.
How can we make sure we are on the right track? Listening to our internal and external stakeholders to ensure our plan remains relevant and updated. Download a list of our material themes here.
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The supervision and coordination of all business activity related to sustainability fall under the auspices of Almirall's CEO, with supervision from the Audit Commission. The CEO proposes the strategic lines and corporate plans regarding sustainability, establishes the necessary management and control measures, and reviews programmes and initiatives. The operational functions are delegated to the Sustainability Committee, created in 2020.
The Sustainability Committee meets on a quarterly basis to manage and lead the periodical action plans, programs, relevant projects and initiatives related to the Sustainability strategy approved by the Board of Directors. It has the following responsibilities:
The supervision and coordination of all business activity related to ESG and sustainability fall under the auspices of Almirall's CEO, with supervision from the Audit Commission. The CEO proposes the strategic lines and corporate plans regarding ESG, establishes the necessary management and control measures, and reviews programmes and initiatives. The operational functions are delegated to the ESG Committee, created in 2020.
The ESG Committee meets on a quarterly basis to manage and lead the periodical action plans, programs, relevant projects and initiatives related to the ESG strategy approved by the Board of Directors. It has the following responsibilities:
The United Nations 2030 Agenda provided a path to progress, setting out 17 Sustainable Development Goals (SDGs) and 169 targets with the aim of transforming our global development model by 2030. At Almirall, we want to play our part in meeting these Goals and we are members of the UN Global Compact, the world's largest corporate sustainability initiative to implement universal sustainability principles. Almirall supports the mission of the UN Global Compact to mobilise a global movement of sustainable companies and stakeholders to create the world we want.
We have conducted an in-depth analysis of the goals and targets that we can make the most productive contribution to. We evaluate our contribution to the SDGs by connecting them to our KPIs, targets and future strategic direction.
While we acknowledge that our business impacts all 17 SDGs to varying degrees, we have prioritised those where our contribution is most significant and where Almirall has the greatest capacity for impact and action. Aligned with our Noble Purpose, Good Health and wellbeing (SDG 3) is at the heart of our purpose. We have also identified SDG 5, 7, 8, 9, 13, 16 and 17 as priority goals and areas of work.
Our ambition is reflected in our Sustainability Policy and is developed in our Sustainability Strategy, which sets the roadmap to follow in accordance with the five main pillars, which enable us to address global challenges. This vision cascades down into initiative and goals for 2030, against which we measure our progress.
The Sustainability Dashboard includes a set of targets approved by the Board of Directors in 2024. These targets are linked to the variable remuneration of all Almirall's Management Board members.
Pillar | Initiatives | ID | Goal | Target 2025 | Target 2030 | SDGs |
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PLANET | Net Zero Emissions | PLA1 | Reduce absolute scope 1 and 2 emissions according to 1.5°C scenario | ≥ 12% | ≥ 50% | |
PLA2 | Reduce absolute scope 3 emissions according to WB2°C scenario | ≥ 8% | ≥ 28% | |||
PEOPLE | Wellbeing, occupational H&S | PEO1 | ‰ accidents incidence rate | ≤ 8 | ≤ 7 | |
Talent Management | PEO2 | Hours of training per employee | ≥ 35 | ≥ 45 | ||
PEO3 | % turnover | ≤ 10% | ||||
PEO4 | eSat | ≥ 78 | ≥ 81 | |||
Diversity, Equity and Inclusion | PEO5 | % women in senior leadership | ≥ 40% | 45-55% | ||
PEO6 | % gender pay gap | +/-2.5% | +/-2% | |||
PATIENTS | Patients impact | PAT1 | Patients impacted with our strategic derma portfolio (x1000 patients) | Confidential information | Confidential information | |
PARTNERS | Sustainable Procurement | PAR1 | % spend with ESG audited suppliers | ≥ 64% | ≥ 75% | |
PAR2 | % spend with suppliers accepting Code of Conduct | ≥ 60% | ≥ 75% | |||
PAR3 | % carbon footprint covered by suppliers with carbon scorecard | ≥ 58% | ≥ 69% | |||
PRINCIPLES | Board diversity | PRI1 | % independent Board Directors | ≥ 50% | ||
PRI2 | % women in the Board of Directors | ≥ 40% | ||||
Sustainability in governance | PRI3 | % employees trained on sustainability | ≥ 40% | 100% | ||
Ethical behaviour | PRI4 | % employees trained on Code of Ethics | 100% |
Click here to know more about each KPI
At Almirall, we have a strong commitment to ESG and take pride in having it recognized by some of the world’s most relevant sustainability ratings.
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In 2024, Almirall received an ESG Risk Rating of 16.3 and was assessed by Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors. In addition, Almirall was amongst the top 5% of companies within the pharmaceuticals industry rated by Sustainalytics |
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Our performance in the fight against climate change has also been recognised by the CDP Climate Change index. In 2023, Almirall achieved an A- rating in Leadership, B rating in Management on the Water Security index and an A- rating in Leadership in Supplier Engagement. Since 2014, Almirall has been reporting its performance on climate-related aspects to CDP, which evaluates how companies are incorporating climate change into their business strategy, the ambition level of targets set and which management and mitigating actions are being implemented in relation to climate-related risks and opportunities. |
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Almirall obtained a score of 87/100 in the Sustainability and ESG evaluation carried out by EcoVadis in 2024, obtaining a Platinum Medal, being amongst the top 1% of the companies evaluated. This is a clear recognition of the effort that Almirall has been making for years in terms of Sustainability and ESG, and which is currently articulated through our ESG Strategy and Program. |
Almirall has formally joined the United Nations Global Compact, the world's largest corporate sustainability initiative and has formally endorsed its commitment to a responsible development model in alignment with the principles and objectives of the United Nations 2030 Agenda for Sustainable Development |
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As a member of the Pharmaceutical Supply Chain Initiative (PSCI), we support its principles with respect to responsible supply chain management in the areas of ethics, labour, health and safety, the environment and related management systems. We also take these principles into account when we select and evaluate our suppliers. |
Almirall has been recognized by the LEED (Leadership in Energy and Environmental Design) certification in the GOLD category for its Headquarters in Barcelona. The LEED voluntary certification system, developed and awarded by the U.S. Green Building Council (USGBC) is the most widely used sustainable building rating system in the world. |
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Almirall is included in the IBEX ESG index since its creation, in October 2023. The IBEX ESG index was launched by “Bolsas y Mercados Españoles (BME)” (Spanish Stock Exchanges and Markets) with the aim of providing independent information to the market on the performance of companies in environmental, social, and governance (ESG) aspects. In its initial composition, Almirall was included along with 46 other listed companies has remained in the first update made by BME in September 2024. The IBEX ESG index selects its components based on specific sustainability criteria and is weighted by capitalization adjusted by free float |
Almirall’s environmental and energy management systems are certified according to the international standard ISO14001:2015 and ISO 50001:2018 respectively. This demanding certification covers our activities in R&D, the manufacturing of active pharmaceutical ingredients, and manufacture & wholesale of pharmaceutical products.
The company nurtures a safe work environment and it has a pioneering company in obtaining the certification of its occupational health and safety system according to the new ISO 45001:2018 standard (which replaces the previous OHSAS 18001:2007, for which it has held certification since 2007). This certification is currently held by Almirall’s operating centres in both Spain and in Germany.
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