Pharma Company Ferrer certified B Corp for its positive
BARCELONA, Spain, Jan. 26, 2022 (GLOBE NEWSWIRE) — Ferrer, the Barcelona-based international pharmaceutical company, has become a B Corp company thanks to its positive impact on society and the planet. The company has exceeded B Corp global standards for social and environmental performance, transparency and corporate responsibility in all territories where it has a direct presence. With the completion of the certification process, Ferrer is the first Spanish pharmaceutical company to become part of the international B Corp, the group of companies that aims to build a more inclusive and sustainable economy.
Mario Rovirosa, CEO of Ferrerexpressed satisfaction at joining B Corp and explained that “being a B Corp is the culmination of a process that began many years ago when Ferrer Chairman and Owner Sergi Ferrer-Salat laid the groundwork for what he wanted the company to be. that is. Over the past four years, we have intensified this vision with the definitive transformation into a positive impact organization. Our entire strategy is centered on people and the development of their talents, the protection of the planet and the fight for a fairer and more equitable society. This recognition is just the beginning and our commitment is to keep working to have a positive impact on society.”
Pablo Sanchez, Executive Director of B Lab Spainthe non-profit organization in charge of evaluating B Corp candidate companies, also pointed out that “We are thrilled to welcome Ferrer to the B Corp community. This community works to reduce inequality, respect and regenerate the environment, strengthen communities, and create high-quality jobs with dignity and purpose. Ferrer is a new member of the B Corp community, and shows by example how these results can be achieved.”
Ferrer is now part of the B Corp bandwagon after scoring 100.6 points in the certification process and is among just 25% of 4,500 global B Corp companies that scored more than 100 points.
More than 50 enterprise-wide global projects
To award the B Corp certification, the non-profit organization B Lab Spain, carries out a rigorous certification process in which companies must provide proof of their good practices.
In the case of Ferrer, different entities that make up the company have been assessed in the 15 countries where we are present (Spain, Portugal, Germany, Austria, Greece, Kazakhstan, USA, Mexico, Chile, Peru, Costa Rica, Guatemala, Colombia, Uruguay and Argentina). The process took 2 years and contributed to completely transforming the company, through the implementation of more than 50 global company-wide projects. This commitment responds to the corporate strategy recently adopted by Ferrer, based on three pillars: great peoplethrough which Ferrer promotes a people-centered culture, based on trust and responsibility, in which talents flourish; Habitable planet, with which the company promotes the protection of the environment for the benefit of all; and Social justicethrough which Ferrer helps people in vulnerable situations to contribute to a fairer and more equitable society and to guarantee equal opportunities.
Among the projects carried out, B Corp highly valued the implementation of a global strategy for the development of innovative therapeutic solutions that can transform the lives of patients suffering from serious and disabling diseases. The company’s ability to operate with the highest standards of quality and safety, transparency, ethics and honesty was also recognized through, for example, the modification of its social statutes to ensure that decision-making takes into account social and environmental impacts and the development of an internal and third-party code of ethics.
In the area of people, talent development, self-leadership, team management programs and continuous feedback, among others, are all projects that have been highlighted. Furthermore, in the social and environmental field, the organization of the first days of corporate volunteering, the donation of more than 50% of the net profit of the last two years to various social projects through its foundations, the launch of a sustainable purchasing policy, the definition of the 2030 Climate Strategy to reduce emissions by 46% and the design of a sustainable packaging model to mitigate the environmental impact of its products.
New standards for the pharmaceutical industry
B Lab’s development of controversial position statements and certification requirements requires significant research and stakeholder engagement. These frameworks are reviewed and voted on by B Lab’s Standards Advisory Board, which is an independent, multi-stakeholder board comprised of sustainable business experts from around the world.
Redefining success in business
With this process, Ferrer joins a community of more than 4,500 companies around the world who are helping to redefine the meaning of success in business: success measured not only by economic benefits, but also by the well-being of people, communities and the planet, ensuring that all companies compete to be not only the best in the world but, above all, the best for the world.
Throughout the certification process, Ferrer was advised by Roots for Sustainability (R4S), a social impact agency that designs, implements and evaluates strategic and transformative projects for businesses, nonprofits and organizations. governments on sustainability, social impact and inclusive business. activity.
About the B Corp movement
B Corp is a global movement of people using the power of business to solve the social and environmental problems of the 21st century. Unlike companies that pursue only economic goals, B Corp companies — today more than 4,500 worldwide — meet high, verified standards of social and environmental performance, public transparency, and legal accountability. These companies are transforming the economy and helping to redefine the meaning of success in business: success measured by the well-being of people, communities and the planet; and thus ensure that all companies compete not only to be the best in the world but, above all, the best for the world. In Spain there are more than a hundred B Corps. Among them are companies in the food sector, such as Danone or Veritas; fashion, like Ecoalf or Patagonia; banking, like Triodos Bank, or energy, like Holaluz, among many others.
About B Lab Spain
B Lab Spain is a non-profit organization created in 2014 to serve a growing community of Spanish businesses using business as a force for good. B Lab measures and verifies the environmental and social performance of companies using the B Impact Assessment, and ensures that rigorous standards are met by all European B Corps. Together with B Lab teams around the world, they connect a global network of socially and environmentally responsible companies and promote positive and action-oriented change towards a new approach to business.
At Ferrer, we want to have a positive impact on society, and we do this by reinvesting a significant part of our profits in initiatives with social and environmental impact, as well as in our employees.
To achieve our goal, we provide transformative therapeutic solutions, with an increasing focus on vascular and interstitial lung diseases and neurological disorders. Founded in Barcelona in 1959, we are currently present in over a hundred countries and have a team of over 1,800 people, who are empowered, developed and cared for to be proud to work at Ferrer.
We are Ferrer, Ferrer for good.
For more information:
Communication Advisor Ferrer
Zarate’s Gorka Ortiz
+34 636 095 882
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Featured image for Ferrer