More than 120 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. More than 120 years after the founding of the Company, STADA contributes to efficient and affordable health care and preventative health care and, at the same time, with its generics portfolio, helps to ease the burden on health-care systems.
The Company’s mission statement “All the best” is based on this care for the well-being of people and sums up STADA’s contribution to a healthy society. For STADA, “All the best” not only means taking on responsibility for the health of society but, in the same manner, assuming responsibility for sustainable corporate governance, for its employees and for the efficient and environmentally-friendly handling of resources. “All the best” expresses what STADA wishes for each individual and his environment.
The Company issued a Non-Financial Report for STADA Arzneimittel AG and the Group for the financial year 2017 for the first time, thus taking into account the requirements of the CSR Directive Implementation Act. Reporting has been prepared within the scope of a combined separate Non-Financial Report - published as a separate chapter within the 2017 annual report on pages 116 to 125.
Against the backdrop of its business model, STADA’s Non-Financial Reporting includes the following aspects: product safety and quality, its contribution to society, a responsible corporate governance and compliance including anti-corruption and anti-bribery measures, employee matters, environmental protection and ecological sustainability as well as the observance of human rights.