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125 years of corporate responsibility
As early as 1895, the founders of the Professional Community of German Pharmacists (STADA) set a goal to care for the wellbeing of its patients by preparing certain medicines in accordance with standardized guidelines. The safekeeping of society’s greatest asset, its health, has always been the focus of STADA’s business activities. To this day, STADA contributes to efficient and affordable health care and preventative health care and, at the same time, helps to ease the burden on health-care systems.
The Non-Financial Reporting for STADA Arzneimittel AG and the Group has been prepared within the scope of a Combined Separate Non-Financial Report pursuant to Section 289b of the German Commercial Code (HGB) in conjunction with Section 315b HGB – published as a separate chapter within the Annual Report 2019.
As part of its business activities as an internationally active health care Company, STADA has been assuming responsibility for employees, society and the environment for 125 years. Because responsible behavior as well as social and ecologically sustainable business operations are the foundation for the long-term success of the Company. In this Non-Financial Report, STADA provides information on significant non-financial aspects for financial year 2019, on the aspects that are necessary for an understanding of business operations as well as the earnings and position of the Group.
Taking the requirements for the CSR Directive Implementation Act as a basis and against the backdrop of its business model, STADA’s Non-Financial Report includes the following aspects: product safety and quality (social matters), contribution to society (social matters), responsible corporate governance and compliance including anti-corruption and anti-bribery measures, employee matters, health, safety and environmental protection as well as observance of human rights.