Percentage of credible and transparent third-party certification of production, consumption and sourcing of raw materials

Unit

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: Percentage (%)

Indicator

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: Compliance with regulations and standards

Metric type

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: Response

Framework alignment notes

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ESRS E4-2 AR 12
TNFD A22.2
GBF Target 2, Target 3, Target 15

Target example
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[Company name] will increase credible and transparent third-party certification schemes used for [relevant raw materials] by [target amount]

Target source: WBCSD target template

Sector

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Pharmaceutical

Value chain stage

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Raw Materials

Metric assessment

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Relevance: High

Feasibility: Medium

Related actions

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Set a no conversion of natural ecosystems target within supply chains and obtain correct certifications from suppliers for agricultural inputs

Set a no conversion of natural ecosystems target within supply chains and obtain correct certifications from suppliers for agricultural inputs

Description

Value chain stage

Raw Materials

Sector of stage operator

Pharmaceutical

How the action applies

Coming soon

Reduce upstream water use by engaging with suppliers and encouraging the adoption of more water-efficient processes, particularly in water-stressed areas

Reduce upstream water use by engaging with suppliers and encouraging the adoption of more water-efficient processes, particularly in water-stressed areas

Description

Value chain stage

Raw Materials

Sector of stage operator

Pharmaceutical

How the action applies

Coming soon

Develop and implement sourcing guidelines that prioritize sustainable commodities and suppliers committed to sustainable practices

Develop and implement sourcing guidelines that prioritize sustainable commodities and suppliers committed to sustainable practices

Description

Value chain stage

Raw Materials

Sector of stage operator

Pharmaceutical

How the action applies

Focus on deforestation-and conversion-free (DCF) production, in line with biome-specific guidelines and cutoff dates.