Dechra Pharmaceuticals PLC Annual Report and Accounts for the year ended 30 June 2021

Our ESG Strategy

Our ESG strategy is based around four pillars: Business; Community; Environment; and People. During the 2021 financial year we have set targets for each of the pillars. We have committed to a long term target to reach net zero emissions by no later than 2050, backed by science based targets across the entire value chain. We will:

  • continue the effort to understand and disclose the climate change risks and opportunities by transforming to a low carbon economy; and
  • refine our environmental targets by setting verifiable science based targets through the Science Based Targets initiative (SBTi).

Our People

Our Strategic Priority:
A great and safe place to work.

Our Community

Our Strategic Priority:
To contribute to the social and economic welfare of the local communities in which we operate through the donation of our time, products and cash donations.

Our Enviroment

Our Strategic Priority:
We are committed to minimising the impact of our operations on the environment by adopting responsible environmental practices and complying with applicable environmental legislations, by achieving zero to landfill by 2025 and net zero emissions by 2050.

Our Business

Our Strategic Priority:
To provide sustainable innovative products, technical and educational support and to act responsibly and with integrity with all stakeholders.

Our People

Our Strategic Priority:
A great and safe place to work.

Our Community

Our Strategic Priority:
To contribute to the social and economic welfare of the local communities in which we operate through the donation of our time, products and cash donations.

Our Enviroment

Our Strategic Priority:
We are committed to minimising the impact of our operations on the environment by adopting responsible environmental practices and complying with applicable environmental legislations, by achieving zero to landfill by 2025 and net zero emissions by 2050.

Our Business

Our Strategic Priority:
To provide sustainable innovative products, technical and educational support and to act responsibly and with integrity with all stakeholders.

Our Leadership Structure

The Board takes ultimate responsibility for Corporate Social Responsibility and is committed to developing and implementing appropriate policies that create and maintain long term value for shareholders. During the year Paul Sandland, was nominated as the Executive Director responsible for ESG, and he took over the chairmanship of the ESG committee from the Company Secretary. A Group Sustainability Director was appointed in March 2021. The ESG Committee is made up of representatives from across the Group.

Our Board

Our ESG Committee

Health, Safety and Wellbeing Committee

Sustainable Packaging Committee

Global Transport Logistics and Waste

Regional Giving Committees

Science Based Targets

Responsible climate action –
preparing for net zero emission 2050

Dechra has committed to set science-based emissions reduction targets across the entire value chain that are consistent with keeping global warming to 1.5°C above pre-industrial levels. Dechra has also committed to a long term target to reach net zero emissions by no later than 2050.

The Board is responding to an urgent call-to-action for companies to set emissions reduction targets in line with a 1.5°C future, backed by a global network of UN agencies, business and industry leaders.

Dechra will set verifiable science-based targets by June 2022 through the Science Based Targets initiative (SBTi), which independently assesses corporate emissions reduction targets in line with what climate scientists say is needed to meet the goals of the Paris Agreement.

Real progress requires real transparency, we will continue the effort to understand and disclose the risks posed to our business by climate change as well as the opportunities presented by transforming to a low carbon economy. We will also engage with our stakeholders, working with them to minimise our combined climate footprint.

During this important period of change, resources and effort will be invested in order to advocate and embed sustainability within the group at all levels. These are ambitious but achievable commitments and we believe It is an opportunity for every member of our business to contribute in the quest to reach net zero emissions by 2050.

Our Objectives

Stakeholder SDG Focus Area
  • Employees
Culture and Values
Talent Management and Engagement
Fair Employment Practices
Diversity and Inclusion
Safe Working Practices
Stakeholder SDG Focus Area
  • Employees
  • Veterinary Professionals
  • Suppliers and Distributors
  • Universities and Key Opinion Leaders
  • Shareholders
Ethical and Sustainable Products
Veterinary Professionals
Ethics