Baxter Archives - SustainCase - Sustainability Magazine Insights on how you can protect the environment, maintain and increase the value of your company, through a structured CSR/Sustainability process with the use of the GRI Standards. Learn how Today's Best-Run Companies are achieving Economic, Social, and Environmental Success - and How You Can Too... Thu, 23 Feb 2023 08:49:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Case study: How Baxter promotes responsible procurement https://sustaincase.com/case-study-how-baxter-promotes-responsible-procurement/ Tue, 11 Jun 2019 14:23:04 +0000 https://ccprowebs.com/new-sustaincase.com/?p=9677 Baxter operates in over 100 countries around the globe, providing a broad portfolio of essential renal and hospital products, and its global supply chain extends from the producers of raw materials it utilises in manufacturing, to the end users of its products. Baxter is, therefore, committed to building and driving a responsible supply chain. This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it […]

The post Case study: How Baxter promotes responsible procurement appeared first on SustainCase - Sustainability Magazine.

]]> Baxter operates in over 100 countries around the globe, providing a broad portfolio of essential renal and hospital products, and its global supply chain extends from the producers of raw materials it utilises in manufacturing, to the end users of its products. Baxter is, therefore, committed to building and driving a responsible supply chain.

This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

Collaboration is central to Baxter’s approach to promoting supply chain sustainability, and Baxter engages its suppliers on key corporate responsibility issues  Tweet This! including human rights, business ethics, labour practices, health and safety, and environmental performance. In order to promote responsible procurement Baxter took action to:

  • implement standards and policies
  • carry out supplier audits
  • conduct a Supplier Corporate Responsibility Survey
  • collaborate with other members of the healthcare industry

What are the material issues the company has identified?

In its 2016 Corporate Responsibility Report Baxter identified a range of material issues, such as innovation that expands access to care, ethics and compliance, employee health and safety, workplace culture. Among these, promoting responsible procurement stands out as a key material issue for Baxter.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Baxter engages with:

Stakeholder Group
Patients/healthcare providers
Employees
Communities
Governments/payers
Shareholders

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Baxter carried out interviews with both internal and external stakeholders, who included customers, suppliers and partners, governmental agencies, investors, sustainability experts and industry and patient organisations.

What actions were taken by Baxter to promote responsible procurement?

In its 2016 Corporate Responsibility Report Baxter reports that it took the following actions for promoting responsible procurement:

  • Implementing standards and policies
  • Baxter’s Supplier Quality Standards and Ethics and Compliance Standards for Suppliers outline its expectations and requirements for all suppliers in this area. Additionally, as outlined in Baxter’s Global Human Rights Policy, Baxter respects human rights, dignity and the diverse contributions of all individuals and works to make sure that its suppliers share its high standards. Moreover, Baxter’s Modern Slavery Statement declares Baxter’s commitments and approach to ensuring that its UK operations and supply chain are free from modern slavery such as child labour, forced and bonded labour, and human trafficking. To integrate these standards and policies into its business, Baxter considers social and environmental criteria in its purchasing decisions, and incorporates corporate responsibility criteria into its requests for proposal and supplier contract templates.
  • Carrying out supplier audits
  • Baxter launched its supplier audit pilot programme in 2016, and carried out one audit in Asia Pacific, two in North America and two in Europe. The audit format, aligned with the Pharmaceutical Supply Chain Initiative (PSCI) protocol, covers ethics, labour, environmental, health and safety, and related management systems. In 2016 Baxter also developed an overarching strategy and a risk-based approach to manage supply chain corporate responsibility risks, designed to help Baxter structure and prioritise its engagement in this area.
  • Conducting a Supplier Corporate Responsibility Survey
  • At the end of 2016, Baxter invited 211 global and regional top direct and indirect suppliers to participate in its Supplier Corporate Responsibility Survey, a key part of Baxter’s due diligence. The survey covers programme governance as well as environmental, social, and health and safety aspects. Eighty percent of the 211 suppliers surveyed responded, and Baxter provided them with a report card based on the data they provided.
  • Collaborating with other members of the healthcare industry
  • Baxter collaborates with other members of the healthcare industry to increase its influence, improve efficiency and advance responsible procurement. Baxter is, thus, a member of the Pharmaceutical Supply Chain Initiative (PSCI), a healthcare industry group focusing on responsible procurement, risk mitigation and supplier capability building. Baxter encourages its suppliers to participate in the PSCI supply chain audit programme and takes part in the PSCI Supplier Capability Building Committee, which creates resources and training to help suppliers improve their performance. In addition, as a corporate member of the Sustainable Purchasing Leadership Council (SPLC), Baxter works to advance the organisation’s mission of supporting and recognising purchasing leadership that accelerates the transition to a prosperous and sustainable future. In 2016, Baxter collaborated with other member organisations to pilot a small/medium enterprise (SME) Supplier Sustainability Maturity Model, to help SMEs establish sustainability within their companies. 

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken

2) Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labor

3) Disclosure 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor

 

Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken does not correspond to any SDG.

Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labor corresponds to:

  • Sustainable Development Goal (SDG) 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • Business theme: Abolition of child labor
  • Sustainable Development Goal (SDG) 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
  • Business theme: Abolition of child labor

Disclosure 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor corresponds to:

  • Sustainable Development Goal (SDG) 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • Business theme: Elimination of forced or compulsory labor

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

 

References:

1) This case study is based on published information by Baxter, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) http://www.fbrh.co.uk/en/global-reporting-initiative-gri-g4-guidelines-download-page

3) https://g4.globalreporting.org/Pages/default.aspx

4) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Baxter: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Baxter promotes responsible procurement appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Baxter reduces energy use https://sustaincase.com/case-study-how-baxter-reduces-energy-use/ Mon, 10 Dec 2018 07:34:45 +0000 https://ccprowebs.com/new-sustaincase.com/?p=8371 Operating in over 100 countries around the globe, Baxter provides an extensive portfolio of essential renal and hospital products, manufactured at over 50 facilities across more than 20 countries. As energy is one of the company’s most important manufacturing costs, using energy effectively increases business efficiency, conserves natural resources and improves Baxter’s environmental performance. This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it […]

The post Case study: How Baxter reduces energy use appeared first on SustainCase - Sustainability Magazine.

]]>

Operating in over 100 countries around the globe, Baxter provides an extensive portfolio of essential renal and hospital products, manufactured at over 50 facilities across more than 20 countries. As energy is one of the company’s most important manufacturing costs, using energy effectively increases business efficiency, conserves natural resources and improves Baxter’s environmental performance.

This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

Layout 1

Abstract

Baxter is committed to reducing its total energy use by 15 per cent indexed to revenue by 2020, from a 2015 baseline.  Tweet This! In order to reduce energy use Baxter took action to:

  • carry out site-specific energy assessments
  • implement energy conservation projects
  • increase renewable power use
  • operate a Lean Energy Programme

What are the material issues the company has identified?

In its 2016 Corporate Responsibility Report Baxter identified a range of material issues, such as product innovation, ethics and compliance, employee health and safety, responsible procurement and logistics, serving communities. Among these, reducing energy use stands out as a key material issue for Baxter.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Baxter engages with:

Stakeholder Group
Patients/healthcare providers
Employees
Communities
Governments/payers
Shareholders

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Baxter conducted interviews with its internal and external stakeholders, including customers, suppliers and partners, governmental agencies, investors, sustainability experts and industry and patient organisations.

What actions were taken by Baxter to reduce energy use?

In its 2016 Corporate Responsibility Report Baxter reports that it took the following actions for reducing energy use:

  • Carrying out site-specific energy assessments
  • Site-specific energy assessments enable Baxter to identify opportunities to conserve energy and to implement and share new technologies and best practices across the company. In 2016, Baxter conducted energy assessments at 10 facilities globally, identifying 189 potential energy conservation projects with possible annual savings of $4.8 million. Facility personnel also uncover potential energy conservation projects.
  • Implementing energy conservation projects
  • In 2016, Baxter implemented 212 energy conservation projects that saved over $5.6 million and 298 trillion joules of energy annually, avoiding more than 16,000 metric tons carbon dioxide equivalent (CO2e) of GHG emissions.
  • Increasing renewable power use
  • In 2016, at manufacturing sites in Europe, Baxter increased renewable power use to 73 per cent of total electricity, compared to 51 per cent in 2015. At the same time, Baxter saved $3.3 million through its global energy sourcing strategy.
  • Operating a Lean Energy Programme
  • Baxter operates a Lean Energy Programme for its main manufacturing facilities since 2007. It includes four sets of Lean Energy standards: Prerequisite, Bronze, Silver and Gold. Each one defines 14 to 35 requirements a facility must satisfy at that level, focusing on process and system energy efficiency. By year-end 2016, 38 sites had achieved Prerequisite status. In addition, by the end of 2016, five company locations met the requirements of the ISO 50001 standard, as verified by an accredited third party. 

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 302-1 Energy consumption within the organization

2) Disclosure 302-3 Energy intensity

3) Disclosure 302-4 Reduction of energy consumption

 

Disclosure 302-1 Energy consumption within the organization corresponds to:

Disclosure 302-3 Energy intensity corresponds to:

Disclosure 302-4 Reduction of energy consumption corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

 

References:

1) This case study is based on published information by Baxter, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) http://www.fbrh.co.uk/en/global-reporting-initiative-gri-g4-guidelines-download-page

3) https://g4.globalreporting.org/Pages/default.aspx

4) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Baxter: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Baxter reduces energy use appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How Baxter promotes business integrity and compliance https://sustaincase.com/case-study-how-baxter-ensures-business-integrity-and-compliance/ Sun, 29 Jul 2018 07:53:59 +0000 https://ccprowebs.com/new-sustaincase.com/?p=7312 As a healthcare company with a broad global presence, operating in over 100 countries across the Americas, Europe, the Middle East, Africa and Asia Pacific, Baxter provides a wide-ranging portfolio of essential renal and hospital products, seeking to integrate ethics and compliance into everything it does. This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the […]

The post Case study: How Baxter promotes business integrity and compliance appeared first on SustainCase - Sustainability Magazine.

]]>

As a healthcare company with a broad global presence, operating in over 100 countries across the Americas, Europe, the Middle East, Africa and Asia Pacific, Baxter provides a wide-ranging portfolio of essential renal and hospital products, seeking to integrate ethics and compliance into everything it does.

This case study is based on the 2016 Corporate Responsibility Report by Baxter published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

Layout 1

Abstract

With 48,000 employees across the globe and manufacturing facilities in more than 20 countries, creating a corporate culture of integrity is a top priority for Baxter  Tweet This!. In order to promote business integrity and compliance Baxter took action to:

  • provide legal and regulatory compliance training
  • enhance third party compliance
  • carry out compliance assessments
  • promote transparency

What are the material issues the company has identified?

In its 2016 Corporate Responsibility Report Baxter identified a range of material issues, such as product innovation, employee health and safety, responsible procurement and logistics, serving communities. Among these, promoting business integrity and compliance stands out as a key material issue for Baxter.

Stakeholder engagement in accordance with the GRI Standards

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The organization should identify its stakeholders, and explain how it has responded to their reasonable expectations.”

Stakeholders must be consulted in the process s of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Baxter engages with:

Stakeholder Group
Patients/healthcare providers
Employees
Communities
Governments/payers
Shareholders

How stakeholder engagement was made to identify material issues

To identify and prioritize material issues based on stakeholder feedback, Baxter carried out interviews with both internal and external stakeholders.

What actions were taken by Baxter to promote business integrity and compliance?

In its 2016 Corporate Responsibility Report Baxter reports that it took the following actions for promoting business integrity and compliance:

  • Providing legal and regulatory compliance training
  • In November 2016, Baxter refreshed its Code of Conduct and all employees had to complete the corresponding training, in person or through an online training module. Baxter employees also complete over 20 e-learning courses every year, on various topics. These include adverse event reporting procedures, Baxter’s ethics and compliance standards, data privacy, Baxter’s Global Interactions Policy, trade compliance and workplace violence prevention.
  • Enhancing third party compliance
  • Baxter’s Third Party Program, policy and training summarize the standards and processes according to which new and existing third parties are reviewed, retained and monitored for compliance with the company’s anticorruption expectations. In addition, Baxter employees receive training on the company’s Third Party Program. The company also provides training to all new and existing third parties, as a part of its review and retention procedure.
  • Carrying out compliance assessments
  • Every year Baxter carries out risk audits and assessments covering, among others, corruption. Baxter’s Corporate Audit and Ethics and Compliance functions choose locations of operations to audit and assess based on a number of factors. These include size, Transparency International’s Corruption Perception Index, the nature of interactions with the medical community and third parties, industry trends and the results of local and regional compliance monitoring and investigations. In 2016, Baxter carried out three compliance assessments using Ethics and Compliance and Corporate Audit resources. The assessments showed constant progress in awareness, understanding and implementation of the company’s anticorruption programs. Additionally, Baxter conducted compliance self-monitoring in 49 countries.
  • Promoting transparency
  • Baxter strives to achieve transparent reporting regarding its relationships with the medical community and government officials. Thus, Baxter continually implements anticorruption programs, to ensure those relationships and related payments are for necessary and genuine services. In addition, in 2016 Baxter completed the worldwide launch of its Global Interactions Policy. This policy outlines when and how it is acceptable to provide members of the medical community or government officials with any payment of monetary value or other benefit.

Which GRI indicators/Standards have been addressed?

The GRI indicators/Standards addressed in this case are:

1) G4-56: Describe the organization’s values, principles, standards and norms of behavior such as codes of conduct and codes of ethics – the updated GRI Standard is: Disclosure 102-16 Values, principles, standards, and norms of behavior

2) G4-57: Report the internal and external mechanisms for seeking advice on ethical and lawful behavior, and matters related to organizational integrity, such as helplines or advice lines – the updated GRI Standard is: Disclosure 102-17 Mechanisms for advice and concerns about ethics

3) G4-58: Report the internal and external mechanisms for reporting concerns about unethical or unlawful behavior, and matters related to organizational integrity, such as escalation through line management, whistleblowing mechanisms or hotlines – the updated GRI Standard is: Disclosure 102-17 Mechanisms for advice and concerns about ethics

4) G4-SO3: Total number and percentage of operations assessed for risks related to corruption and the significant risks identified – the updated GRI Standard is: Disclosure 205-1 Operations assessed for risks related to corruption

5) G4-SO4: Communication and training on anti-corruption policies and procedures – the updated GRI Standard is: Disclosure 205-2 Communication and training about anti-corruption policies and procedures

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.

 

References:

1) This case study is based on published information by Baxter, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) http://www.fbrh.co.uk/en/global-reporting-initiative-gri-g4-guidelines-download-page

3) https://g4.globalreporting.org/Pages/default.aspx

4) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Baxter: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How Baxter promotes business integrity and compliance appeared first on SustainCase - Sustainability Magazine.

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