Sustainability is integral to an organization’s competitive agility. It is essential to drive growth, efficiency, and innovation.
Global sustainability governance
Responsibilities and processes in the area of sustainability are clearly regulated at Fresenius Medical Care. According to our global sustainability governance structure, sustainability is firmly established at Management Board level.
The Sustainability Decision Board, which is headed by the Chief Executive Officer (CEO), supports the Management Board in coordinating Fresenius Medical Care’s sustainability efforts. Together with the Sustainability Decision Board, the Management Board takes the final decision concerning our sustainability targets and the incorporation of sustainability aspects into the Company’s strategy. The results and progress of our sustainability efforts are presented on a regular basis to the Management Board and the Supervisory Board. They review the progress and results, which are then published in the Non-Financial Report. The Supervisory Board is supported in this process by the auditor’s limited assurance engagement.
Another important part of our global sustainability governance is the Corporate Sustainability Committee, which acts as an advisory and steering committee. It comprises senior representatives from all regions and global functions who have been nominated to adequately represent regional and functional interests in our sustainability activities. The Sustainability Decision Board and the Corporate Sustainability Committee enable the Corporate Sustainability Office to manage Fresenius Medical Care’s sustainability activities.
In 2019, we advanced our sustainability efforts and launched a new Global Sustainability Program. As part of this program, we defined eight sustainability areas, which allow us to proactively manage key topics of material interest: responsibility for our patients and our employees, anti-corruption and bribery, data protection and privacy, labor/human rights, sustainable supply, environment as well as occupational health and safety. The Global Sustainability Program will shape our operations and create valuable opportunities for us to integrate sustainability principles into global activities and assume even greater accountability.