#Germany #Fresenius Medical Care #Bad Homburg #Dow Jones Sustainability #Environmental Leadership

Fresenius Medical Care Secures Spot in Prestigious Sustainability Indices

Fresenius Medical Care (FME), a global pioneer in renal care solutions, has once again proven its commitment to sustainability by securing a spot in both the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index for the fifteenth time. This achievement highlights FME's status as a leading sustainability performer on a global stage, reaffirming its ongoing dedication to environmental, social, and governance (ESG) criteria.

Helen Giza, CEO of Fresenius Medical Care AG, expressed pride in the recognition, stating, "We believe that sustainability and excellent patient care are inextricably linked. I am very proud that our employees' commitment to our sustainability efforts has been recognized through the inclusion in the indices." This perspective underpins the company's operational philosophy, which integrates sustainability into every aspect of its business.

Strategic Focus Areas for Sustainability

Fresenius Medical Care has articulated its sustainability strategy around three key focus areas:
1. Enhancing Quality of Care: The company emphasizes improving healthcare access and the quality of care provided to patients suffering from renal diseases.
2. Building Teams: A strong commitment to developing the best teams to deliver exceptional patient services is central to the company's operations.
3. Reducing Environmental Footprint: FME is dedicated to reducing its environmental impact, actively pursuing initiatives that minimize waste and energy consumption.

In 2023, Fresenius Medical Care reported significant progress towards its sustainability objectives. The company achieved a Net Promoter Score (NPS) of 72, indicating high levels of patient satisfaction with its services. Furthermore, FME celebrated a notable increase in female representation among its top management, rising to 34%, emphasizing their commitment to diversity, equity, and inclusion.

Fresenius Medical Care is also making strides in combating climate change. The company has implemented a climate neutrality action plan that successfully reduced its Scope 1 and Scope 2 emissions by 16% compared to a 2020 baseline. This initiative aligns with long-term compensation targets for its Management Board members, demonstrating a commitment to accountability at the highest levels.

To further its environmental initiatives, FME signed five virtual power purchase agreements, aiming to source approximately 580 gigawatt hours of renewable energy annually from wind and solar farms located in Germany and the United States. Additionally, the organization has formalized its commitment to the Science Based Targets initiative (SBTi), aiming to set science-based targets to significantly reduce greenhouse gas emissions.

The Importance of the Dow Jones Sustainability Indices

The Dow Jones Sustainability Indices are established as the leading global benchmarks for sustainability, evaluating companies on their sustainability performance across industries. Annually, over 13,000 companies are invited to participate in the Corporate Sustainability Assessment, with approximately 3,500 of the largest companies qualifying for inclusion.

Fresenius Medical Care’s inclusion in these indices not only reflects its transparency and accountability in sustainability practices but also encourages continual improvement and innovation in its operational methodologies.

Conclusion

As more industries recognize the importance of sustainability, companies like Fresenius Medical Care set the standard for integrating ESG principles into their business models. The ongoing efforts to prioritize sustainability, coupled with a focus on improving patient care and equity, establish FME as a model for other corporations striving to contribute positively to global challenges. Through this dedication, Fresenius Medical Care continues to enhance its reputation as a leader in renal care while significantly impacting the sustainability landscape.