Social
SOCIAL
Our commitment to society and our employees
At the heart of our activities lies the health of both humans and animals. R&D+i is one of our main tools in the search for health and nutritional solutions. We ensure high quality and safety of our products throughout the entire process, from supply chain control to after-sales service that allows us to manage possible adverse reactions and special situations.
Our employees embody the Group’s values and are the driving force behind achieving our purpose. We are deeply committed to fostering a safe, healthy, and tolerant workplace, where talent is provided with the tools needed for development.
Health and safety in society
Our performance in 2024
- Investment and spending on R&D&I for the development of new molecules, innovation of existing ones and advancement of animal nutrition products has exceeded €23.7 million in 2024.
- Alliances and membership of entities that promote R&D&I, quality and technological development with the aim of improving the health of society.
- We achieved ISO 27001 certification on information security at Faes Farma S.A.
- We modified leaflets and packaging to reaffirm the quality of the information consumers and patients receive.
What are we working to improve?
- Educational initiatives and campaigns for professional and patient information and training.
- We continue to make progress in research, development and innovation projects as detailed in the corresponding web section.
- We promote the training and coordination of the pharmacovigilance teams of the different societies.
Occupational health and safety
Our performance in 2023
- We extend Unifikas collaborative software for occupational health and safety management to Faes Farma Portugal and Faes Farma Peru.
- We updated the corporate protocol against harassment at work.
What are we working to improve?
- We are progressing with the roll-out of new collaborative software for occupational health and safety management in all other Group companies.
- As the Group’s employee numbers and facilities grow, we’re intensifying our efforts to adhere to our three-pillar preventive culture: promoting health, preventing occupational risks, and providing health and prevention training.
Equality
Our performance in 2024
- 54% women in the Group’s workforce.
- 53% of the people promoted were women.
- The pay gap is 4% (an improvement from 6% in 2023). Faes Farma Portugal has been awarded the Equal Pay 2024 seal.
- 94% of new hires are permanent.
- We prepare and disseminate the Faes Farma S.A., Ingaso Farm and Tecnovit conciliation guides.
- Sexual Diversity Day‘ campaign focusing on tolerance and respect for diverse sexual orientations and identities.
- We set up committees in Ingaso Farm and Tecnovit, which together with the Faes Farma S.A. committee, meet periodically to monitor equality plans.
What are we working to improve?
- We worked on the implementation of the equality plans of Faes Farma S.A., Tecnovit and Ingaso.
- We implemented the actions included in the corporate internal communication plan.
- We implement the Group’s promotion policy and procedure.
- We develop the Group’s equal opportunities, diversity, inclusion and non-discrimination policy.
Our contribution to the community
Our performance in 2024
- 88% local suppliers.
- Animal Nutrition and Health as a promoter of employment in areas affected by rural depopulation.
- We donated more than 74,000 euros to entities that contribute mainly to SDG 2, Hunger and Food Security and SDG 3, Health.
What are we working to improve?
- We reflect on priority social actions in line with our values.
- We continue to collaborate with universities and educational institutions, promoting the development of local employment.
- We set up the ‘Young people at Faes Farma’ scholarship programme’.
Supply chain
Our performance in 2024
- We continue to evaluate our suppliers of raw materials and packaging for ESG certification.
- 88% local suppliers.
What are we working to improve?
- We work with our suppliers of cosmetics, food and healthcare products to assess the feasibility of implementing eco-design improvements in packaging.
- We assess the forthcoming ESG regulatory implications for our supply chain in order to define an action plan.
- We implemented ISO 20400 in Faes Farma S.A. and a pilot project with the Ecovadis supplier evaluation platform was launched.
