Our commitment to caring for the planet
Championing a more sustainable future
At Ipsen, we’re passionate about fostering a sustainable future for our planet and communities. Our comprehensive environmental strategy revolves around responsible consumption and production, decisive climate action and protecting the earth’s precious ecosystems. Aligned with the UN Sustainable Development Goal 12, our environmental pillar has a strong focus on minimizing our environmental footprint through ambitious commitments::
- Leading on climate, which includes science-based target commitments for direct and indirect emissions, and ultimately net-zero by 2045.
- Preserving natural resources and ecosystems – preserving nature by responsibly managing water, ensuring minimal impact of our discharges to environment, and actively promoting biodiversity.
- Enhancing product sustainability – increasing circularity, designing products with a focus on recyclability, implementing sustainable value chain opportunities, and actively reducing waste.
All environmental issues are managed by Ipsen’s Environment Health and Safety (EHS) governance bodies at every level of the organization. We comply with all applicable regulatory requirements as well as our own EHS policy, standards and requirements wherever we operate. This is validated by Group certification to the ISO 45001-2018 Occupational Health & Safety and ISO 14001-2015 Environmental Management system international standards..
How we are working to create a sustainable future
Ipsen is continually looking at how we can optimize our processes to minimize our impact on the climate and create positive change.
Science-based targets approval
Ipsen contributes to a net-zero future and limits the impacts of climate change by achieving substantial reductions in all our direct and indirect sources of greenhouse gas (GHG) emissions across our value chain (Scopes 1, 2, and 3). Ipsen is committed to science-based reductions in our greenhouse gas emissions, sufficiently ambitious to help keep global warming to 1.5°C as called for in the Paris climate agreement. Ipsen’s Climate action has been approved by The Science Based Target initiative (SBTi); confirming that our greenhouse gas emission reduction target of reducing absolute Scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year and reducing absolute Scope 3 GHG emissions 20% within the same timeframe, is in line with the required trajectory. Ipsen is also committed to reaching net zero value-chain GHG emissions by 2045.
Acting as a renewable energy leader
90% of Ipsen’s global electricity came from renewable sources by the end of 2022, demonstrating our dedication to adopting clean energy solutions. By reducing our carbon footprint, we are actively contributing to a greener future for our planet. Ipsen is committed to using 100% renewable electricity by 2025.
Reducing energy use in facilities
To demonstrate our commitment to sustainable energy consumption and greenhouse gas emissions (GHG) reductions, we are reducing our facility energy intensity. In 2023, we maintained our 2022 facility energy intensity. To provide a more holistic and nuanced understanding of Ipsen’s environmental impact, Ipsen has changed the way it presents the KPIs by calculating them by Revenue rather than Occupied Area.
Minimizing the climate impact of offices
Ipsen is committed to achieving a sustainable real estate footprint to minimize the climate impact of our office locations.
Transitioning to a greener fleet
Through the Fleet For Future project launched in 2021, we are actively promoting sustainable transportation by transitioning to electric vehicles within our fleet. In 2022, Ipsen reduced fleet carbon emissions by 25% compared to 2019. By 2025, we aim to reduce emissions by more than 40% by improving fuel efficiency and transitioning at least 30% of the fleet to fully electric vehicles.
Decreasing waste generation
We work to reduce waste generated in our operations and to choose the most sustainable waste treatment destinations where possible. To provide a more holistic and nuanced understanding of Ipsen’s environmental impact, we have changed the way how we present our KPIs by calculating them by Revenue rather than Occupied Area. Thus, in 2023, waste intensity, measured per Kg/Million €, was down 13% vs. 2019 baseline.
Increasing waste recycling rate
Alongside waste reduction, we aim to send as much waste as possible for recycling or recovery.
Lowering water intensity levels
We aim to promote responsible water consumption practices and efficient natural resource usage within all of our operations. Τhe Ipsen water program has shifted its focus to ensuring sustainable water usage. A water management review has been completed at our Signes facility to identify “zero water waste” opportunities and confirmed a sustainable site water intensity.
Awarding Nature and Biodiversity Certificates to our sites
Ipsen protects biodiversity through a Biodiversity Strategy Plan (BSP) that has been developed to drive further actions across the Company. Since 2021, Ipsen has been working towards:
• Improving ecological surveys across all of its sites,
• Developing a biodiversity strategy plan to incorporate all its actions towards achieving “Nature Positive by 2030”, • Developing a biodiversity policy and associated KPIs,
• Setting up a site biodiversity certification system (Nature & Biodiversity Certification Scheme),
• Assessing the high-level upstream and downstream value chain impact for its product Somatuline and its operations on site,
• Engaging its staff with the topic of biodiversity through all Ipsen employee events.