Sanofi – Sustainable Procurement

Summary

Sanofi's commitment to environmental sustainability is highlighted in this script, showcasing initiatives like solar panels, carbon-neutral fleets, and eco-designed products. The company aims to reduce CO2 emissions, ensure renewable energy use, and promote supplier diversity by 2030. With a focus on responsible business and caring for people, Sanofi plans to invest in diverse communities and screen risky suppliers, striving for a positive impact through sustainable procurement.

Takeaways

• 🌞 The company is aiming to be a sustainability champion with initiatives like solar panels and a carbon-neutral car fleet.
• 🌿 They are focusing on eco-designed products and sustainable procurement for raw materials and packaging.
• 🔄 64% of the company's carbon emissions come from their suppliers, indicating a need for procurement changes.
• 🛍️ A sustainable procurement approach will be implemented, focusing on three key areas: a healthy planet, responsible business, and caring for people.
• 📉 The company plans to reduce CO2 emissions by 30% in scope 3 and achieve 100% renewable electricity from their top 100 suppliers by 2030.
• 🏞️ Eco-design will be incorporated into all new products by 2025 and for top-selling products by 2030.
• 🔍 Full screening of risky suppliers is planned for completion by 2022 to ensure a responsible business approach.
• 🤝 Supplier diversity will be amplified through solidarity sourcing, aiming to partner with a diverse range of suppliers.
• 💰 There is a commitment to spend more than 1.5 billion euros annually with small and diverse suppliers, and to double the spend with women-owned businesses by 2025.
• 👥 The company will promote diverse and inclusive communities, showing a care for people as part of their CSR commitments.
• 📅 100% of risky suppliers will be screened by 2025, further enhancing the company's commitment to ethical and sustainable practices.

Q & A

What is the main focus of the video script?

The main focus of the video script is Sanofi's commitment to sustainable practices, including reducing carbon emissions, eco-design of products, sustainable procurement, and promoting diversity and inclusion within their business and supply chain.

What is Sanofi's goal regarding carbon emissions by 2030?

Sanofi aims to reduce CO2 emissions with a target of minus 30% in scope 3 emissions and to have 100% renewable electricity from their top 100 suppliers by 2030.

What does 'scope 3 emissions' refer to in the context of the script?

Scope 3 emissions refer to all indirect emissions that occur in the value chain of the reported company, but outside of its control. This includes emissions from the use of sold products, upstream and downstream transportation and distribution, and other activities.

What is the eco-design initiative Sanofi is planning for its products?

Sanofi plans to implement eco-design for all new products by 2025 and for top-selling products by 2030, which implies creating products with environmental considerations in mind to reduce their overall environmental impact.

How does Sanofi plan to ensure a responsible business approach by 2022?

Sanofi plans to ensure a responsible business approach by conducting a full screening of their risky suppliers by 2022, which likely involves assessing their environmental, social, and governance (ESG) practices.

What is the significance of supplier diversity in Sanofi's CSR commitments?

Supplier diversity is significant in Sanofi's CSR commitments as it promotes a more inclusive supply chain. They aim to partner with suppliers to amplify diversity through solidarity sourcing and plan to increase their expenditure with small and diverse suppliers.

What is Sanofi's target for expenditure with small and diverse suppliers by 2025?

Sanofi's target is to spend more than 1.5 billion euros annually with small and diverse suppliers by 2025.

How does Sanofi plan to support women-owned businesses by 2025?

Sanofi plans to double their spend with women-owned businesses by 2025, indicating a commitment to gender equality and the empowerment of women in business.

What is the total number of risky suppliers that Sanofi plans to screen by 2025?

Sanofi plans to screen 100% of their risky suppliers by 2025, ensuring that their supply chain is more sustainable and ethical.

How does the script emphasize the importance of collective action in achieving sustainability goals?

The script emphasizes collective action by stating that 'together we'll drive this change,' highlighting the need for collaboration between Sanofi and its suppliers to achieve their sustainability goals.

What is the overarching message of the video script regarding Sanofi's commitment to sustainability and CSR?

The overarching message is that Sanofi is dedicated to shaping a more sustainable future through its CSR commitments, focusing on environmental impact reduction, responsible business practices, and caring for people by promoting diversity and inclusion.