Sustainability governance
High sustainability standards allow us to fulfil our purpose ‘Health for life’ and guide our work. Oriola’s sustainability work is guided by our sustainability related policies as well as governance practices and procedures.
Oriola’s Board of Directors decides, steers and guides sustainability agenda, follows up progress against targets and approves relevant policies.
Audit Committee monitors the advancement on the sustainability agenda and the progess of sustainability reporting, reviews sustainability-related processes, controls, methodologies and policies.
CEO and Oriola Management Team have overall responsibility for implementing Oriola’s sustainability agenda as part of the strategy. Prepares and follows up the Group’s sustainability agenda including action plans, risks, targets and performance indicators. Approves the relevant policies.
Communications and Sustainability function prepares proposals to Oriola Management Team about sustainability development in line with the sustainability agenda and action plans. Steers sustainability related activities, including follow-up of near- and long-term plans and roadmaps as well as the Group’s sustainability reporting according to the ESRS reporting standards.
Businesses and Functions ensure that sustainability goals are cascaded throughout the organisation and KPIs are set at local level.
Risk management team assesses sustainability risks as part of the Group risk management process.