CORPORATE RESPONSIBILITY GOVERNANCE
We have a clear governance structure to manage our corporate responsibility activities and we listen to stakeholders to help us identify our priorities.
MANAGING CORPORATE RESPONSIBILITY
Environmental and social responsibility have always been integral to our core values. However, to further that alignment, we established the Office of Corporate Responsibility in fiscal 2017 and created a formal governance structure through our CR Council, which reports to me. Composed of members of our senior leadership, the Council oversees the implementation of our CR strategy and commitments across our business.
As we began to focus on CR, we worked to understand the environmental, social and governance (ESG) priorities of our stakeholders and align wherever appropriate with their values. For example, we joined the Pharmaceutical Supply Chain Initiative to partner with our customers to continually improve the environmental, social and ethical performance of the pharmaceutical supply chain.
Three subcommittees of the CR Council—the sustainability team, the grant-making committee, and the community ambassador network—help drive progress in three critical areas of our overall CR commitment and embed CR deeper into our business. The global Corporate Responsibility Director formally reports to the President and Chief Operating Officer.
Our CR strategy stands on four pillars—Innovation, People, Environment and Communities— and we have instituted a scorecard approach to monitor how each of the business units and sites across the Catalent network contributes to meeting our goals.
LISTENING TO STAKEHOLDERS
We focus on the corporate responsibility issues we believe to be most significant to our business. Our view is informed by stakeholder feedback, regulatory developments, and issues that appear to engage our constituencies.
Relevant issues on which we have recently focused include:
- Community investment and philanthropy
- Diversity and inclusion
- Energy use and climate change
- Occupational health and safety
- Product quality and safety
- Talent attraction and retention
- Training and development
Finally, we address corporate responsibility issues by participating in organizations, such as: