ESG Master Plan

In recent years, the world has undergone a complex cultural shift. The variables involved in people’s decision-making processes today social, environmental and ethical factors, while at the same time feeding dynamism to a changing reality.

Today’s society faces a challenging future marked by political and economic instability, increasing social inequality, evolving consumer preferences, changing investor perspectives and a climate emergency.

It is therefore a reality that requires an unprecedented transformation of the concept of business management. With this in mind, PRIM sees this challenge as an opportunity to adapt its business towards a more sustainable, productive and efficient model.

MASTER PLAN

ESG 2023 – 2025

After the first two years of the Corporate Strategic Plan #LoQueNosMueve (#WhatMovesUs) 2021 – 2025 and with an eye on the future, the organisation has moved forward in its environmental, social and governance (ESG) management by designing its first ESG MASTER PLAN 2023-2025, with the objectives thereof being added to the company’s 2021-2025 Strategic Plan.

The main purpose of the ESG MASTER PLAN 2023-2025 is to incorporate non-financial objectives into the organisation’s corporate strategy that contribute to understanding and meeting the needs of all its stakeholders.

Purposes of the ESG MASTER PLAN

Minimise the carbon footprint which PRIM, as a company, is going to stop making

Maximise positive influence on society.

Provide tangible and intangible value which is reflected in its financial profits.

DOWNLOAD THE ESG MASTER PLAN 2023-2025

OUR CHALLENGE

To position PRIM as a leader in ESG compliance and to have a positive social impact in the healthcare sector.

STRATEGIC OBJECTIVES OF THE ESG MASTER PLAN 2023-2025

01Good governance and positioning

Sustainability governance

Full ESG training for managers and directors

100% directive variable ESG objectives

Value chain

100% direct operations assessed for sustainability

100% critical suppliers asssessed for sustainability

ESG Positioning

To make PRIM a recognised player in the national health sector for its ESG contributions

Partnership with a leading organisation

02Processes and values

Talent development

Full ESG training for the workforce

To maintain the EFR seal

Diversity and inclusion

+5% of less represented gender in managerial and/or middle management positions

6% commitment to those with direct and indirect disabilities

Health and safety

Service charter for all staff

03Impactful solutions

Innovation

Training and support for at least three start-ups

Gender review of all critical products manufactured by PRIM (R+D)

Access to health

To support and accessibility mechanisms in all significant PRIM centres

To promote accessibility in its value chain

More human technology

Dialogue and promotion of patient well-being in all treatment phases

04Environmental criteria

Sustainable portfolio

Analysis of the ESG impact of all critical products

Inclusion of sustainable alternatives for all new packaging and marketing materials

Efficiency and Circular Economy

Efficiency and circular economy plans at every centre

100% sustainable fleet by 2030

Scope 1 and 2 carbon neutrality by 2040

Scope 3 reduction targets from 2025

05Social commitment

Health transformation

20% + hours of training in the health sector

10% + research grants

Social action & corporate volunteering

10% + investment in social action

1 voluntary action per year (minimum)

01
Good governance
and positioning 02
Processes
and values 03
Impactful
solutions 04
Environmental
criteria 05
Social
commitment

Sustainability governance

Full ESG training for managers and directors

100% directive variable ESG objectives

Value chain

100% direct operations assessed for sustainability

100% critical suppliers asssessed for sustainability

ESG Positioning

To make PRIM a recognised player in the national health sector for its ESG contributions

Partnership with a leading organisation

Talent development

Full ESG training for the workforce

To maintain the EFR seal

Diversity and inclusion

+5% of less represented gender in managerial and/or middle management positions

6% commitment to those with direct and indirect disabilities

Health and safety

Service charter for all staff

Innovation

Training and support for at least three start-ups

Gender review of all critical products manufactured by PRIM (R+D)

Access to health

To support and accessibility mechanisms in all significant PRIM centres

To promote accessibility in its value chain

More human technology

Dialogue and promotion of patient well-being in all treatment phases

Sustainable portfolio

Analysis of the ESG impact of all critical products

Inclusion of sustainable alternatives for all new packaging and marketing materials

Efficiency and Circular Economy

Efficiency and circular economy plans at every centre

100% flota sostenible antes de 2030

100% sustainable fleet by 2030

Scope 1 and 2 carbon neutrality by 2040

Scope 3 reduction targets from 2025

Health transformation

20% + hours of training within the health sector

10%+ research grants

Social action & corporate volunteering

10% + investment in social action

1 voluntary action per year (minimum)

CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS

PRIM, aware of the responsibility that the private sector has to meet ESG goals has designed its ESG Plan 2023-2025 so that the company can maximise the impact of its efforts.

Its mission is to improve people’s lives through health and care. This led to five pillars being set aimed at contributing, even more so, to the SDG Goal: Good Health and Wellbeing. Likewise, the ESG MASTER PLAN 2023-2025 has made a commitment to technical training in the health sector. This means it has been able to expand its overall reach and include contributions to SDG Goal 4: Quality Education. It will also drive the SDG Goal 5: Gender Equality. In addition to all of this it seeks to reduce its environmental impact as part of the SDG Goal 13: Climate Action. Finally, as part of it its commitment, it will also offer help through partnerships, as stated in SDG Goal 17: Partnerships for the goals.

Since 2023, PRIM has been a member of the United Nations Global Compact alliance, demonstrating its firm commitment to people and the environment.

Health and wellbeing

Prim’s vision and mission are focused on offering innovative solutions that improve people’s lives, through its business activities in the health and wellbeing sector.

Gender equality

PRIM drew up its First Equality Plan in 2012. In 2020, it renewed its Equality Commission and is working on the launch of its Third Equality Plan, advised by an external consultant to achieve the objectives it has set out.

Decent work and economic growth

PRIM contributes directly to the employment in its supply, production and distribution phases and indirectly through the socio-economic impact generated in those areas in which it operates.

Responsible consumption and production

PRIM works with leading strategic allies in the national and international healthcare sector. Our critical suppliers, mostly medical device manufacturers, are companies that have strict compliance programmes in place.