Spotlight on CLINUVEL’s Approach to ESG Issues
As the Group grows and diversifies, CLINUVEL is conscious of its responsibilities towards Environmental, Social and Governance (ESG), plus measures of sustainability.
Our approach is informed by the United Nations (UN) Global Compact and tenets on ESG issues and sustainability. The UN’s ten universal principles span the key areas of human rights, labour standards, environmental responsibility, and anti-corruption. CLINUVEL’s approach to ESG was discussed in the 2019 and 2020 Annual Reports (and thereafter on the Company’s website). It is timely to affirm our approach to ESG and identify some of the key ESG issues that are relevant and of particular focus to CLINUVEL. We also provide insight on how our approach is working in practice and plans to further enhance our effectiveness in ESG management as part of our focus on ongoing continuous improvement.
ESG Framework
Environment
Conscious of our World
- Recognise climate change
- Energy management
- Supplier standards
- Safe & responsible materials handling
- No adverse impact on global objectives
Social
Fairness & Equity
- Human rights
- Freedom of association
- Equal opportunity
- Value diversity
- Work-life balance
- Training & education
- Supplier standards
Governance
Responsibility & Compliance
- Honesty & integrity
- Corporate governance
- Compliance
- Ethics
- Supplier standards
CLINUVEL's VALUES
CLINUVEL’s values are intentionally placed at the base of the ESG framework to signify the foundation they provide to our ethical and responsible approach to ESG issues and more broadly, how we govern our behaviours and conduct our business in all of the activities we undertake. CLINUVEL’s values are detailed on pages 4 and 5 of this report.