Sandoz Group AG — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2024· 15 events
Kundl uses lactose (milk sugar) from regional cheese production as alternative sugar source for penicillin production, minimizing transport CO2 and promoting local circularity. Fungal mycelium byproducts from penicillin production are converted to Biosol bio-fertilizer (since 1981), distributed worldwide. Fourth-stage wastewater treatment implemented in 2023 to eliminate organic pollutants and APIs.
sustainability_report p.36
Sandoz set targets: PEC/PNEC ratio <1 for manufacturing sites and API supplier sites in scope by 2030; zero waste to landfill by 2030; all antibiotic production sites to obtain BSI AMR certification by 2030.
sustainability_report p.33
Sandoz introduced a 'Design-to-Sustainable-Value' workstream in 2024 to identify products with materials and emissions reduction opportunities. As part of Product Carbon Footprint analysis, identified products where packaging drives significant lifecycle emissions and proactively investigating ways to improve. Focus on circular economy opportunities in product design and manufacturing processes.
sustainability_report p.35
In January 2024, Sandoz submitted a Commitment Letter to the Science Based Targets initiative (SBTi) confirming intent to set near-term science-based carbon emissions reduction targets aligned with 1.5°C. Committed to net-zero emissions by 2050. Targets to be submitted to SBTi for validation by January 2026, with interim targets for 2030 and 2035.
sustainability_report p.34
On March 1, 2024, Sandoz closed acquisition of US Cimerli business from Coherus BioSciences for USD 170 million upfront + USD 18 million purchase price adjustment. Goodwill of USD 148 million recognized. Contributed USD 115 million net sales since acquisition.
sustainability_report p.113
On April 30, 2024, Sandoz closed swap of Sandoz China legal entity with Aspen Global Inc.'s surgical anesthesia portfolio plus cash. Realized pre-tax gain on divestment of USD 36 million.
sustainability_report p.113
Sandoz aligns ESG pillars with UN SDGs: Driving Impact and Access (SDG 3, 8); Championing Sustainability (SDG 6, 12, 13); Empowering People (SDG 5, 10); Governing with Integrity (SDG 16).
sustainability_report p.27
The Scope 3 categorization was updated in 2024 by adding 4 new categories (employee commuting, downstream transportation, processing of sold products, end-of-life treatment of sold products) that were not included in 2023 disclosure. 4 categories assessed as not material.
sustainability_report p.175
Targets: All employees covered by annual pay equity studies by end of 2025 (achieved one year ahead); all employees covered by annual living wage studies by end of 2025; external/internal pay transparency by end 2027; removal of historical salary in offers by end 2025. Long-term goal: gender balance (45-55%) in senior leadership by 2030.
sustainability_report p.37
Lost time injury and illness rate <0.32 and total recordable case rate <0.55 (per 200,000 hours worked) by end of 2025 for Sandoz employees and third-party personnel.
sustainability_report p.37
Sandoz uses 100% renewable electricity at manufacturing sites in Austria and Brazil, and is increasing renewable share in India. At Kundl, electricity has come exclusively from renewable sources since 2014; in 2024, 95% from hydropower with the rest from wind and photovoltaics. The company is in the final stages of securing renewable power purchase agreements (PPAs) to further decarbonize European operations. Joined Schneider Electric's Energize program (PSCI-endorsed) to help suppliers procure renewable electricity, with first joint renewable energy procurement project with suppliers planned for 2025.
sustainability_report p.34
Sandoz does not disclose a formal carbon removals strategy (DAC, BECCS, biochar). Decarbonization plans are heavily geared towards supply chain emissions reduction and operational efficiency rather than removals or offsets. No volumes of removal credits or offsets retired are reported. The approach focuses on absolute Scope 1, 2, and 3 reductions, with SBTi-validated targets expected by January 2026 aligned to a 1.5°C scenario.
sustainability_report p.34
Sandoz invests in energy-efficient equipment and pursues environmental management certifications. Nine sites have ISO 14001 and six have ISO 50001. In 2024 launched an energy audit program for manufacturing sites to inform 2030 and 2035 decarbonization plans. Hyderabad office achieved platinum LEED certification. Investments in Kundl reduced ecological footprint by 40,000 MWh/year energy and 8,000 tonnes CO2/year.
sustainability_report p.34
Supplier-related emissions account for a majority of Sandoz's total carbon footprint. Sandoz joined Schneider Electric's Energize program endorsed by PSCI to help suppliers access sustainability expertise and renewable electricity education. In 2024, the first cohort of suppliers joined Energize following Sandoz invitation. ESG requirements integrated into all supplier contracts; engaged with key suppliers to agree emissions reduction action plans.
sustainability_report p.35
In 2024, Sandoz worked with logistics suppliers to shift some shipping from air to sea, reducing shipping costs by USD 3.6 million and CO2e logistics emissions by 10,000 tonnes. This is part of the broader Scope 3 upstream transportation reduction strategy.
sustainability_report p.34
2023· 2 events
In 2023, Kundl became the first Sandoz site to meet BSI's international standard on Minimized Risk of AMR. Goal to secure BSI's AMR certification for all relevant products and sites by end of 2030.
sustainability_report p.36
On October 4, 2023, Sandoz became an independent publicly traded company through a pro rata distribution by Novartis of 100% of outstanding Sandoz shares. Sandoz shares began trading under SDZ on SIX Swiss Exchange.
sustainability_report p.105