Management statement

Statement by CEO Timo Lappalainen in our Sustainability Report for 2021

During the past year, we saw volatility become a new constant in our operating environment. As the coronavirus pandemic continued, our focus was on maintaining our business operations to ensure the availability of medications. Hybrid work became the new normal for office-based employees. As needed, we continued to update the working instructions quickly. The resilience required of all Orionees and our partners in the changing environment has been demanding, and we see some signs of fatigue due to the unclear future of the pandemic. However, we have again together been able to close a successful year.

Raising the bar

We continue to focus on our growth targets while ensuring the sustainability of our business. In a volatile environment, first-class partners and competent employees are the keys to success.

After making great strides over the years in our efforts to reduce Orion’s greenhouse gas emissions, we decided to raise the bar. Accordingly, we made our climate targets even more ambitious in 2021; namely, to make our operations carbon-neutral by 2030. Although we are on our way to reach our target, carbon neutrality will require continued investments in our energy efficiency and renewable energy sources. Also, smaller, everyday actions count towards carbon neutrality, and we are sharing these stories with our stakeholders with the #raisingthebar campaign that was running in 2021.

Building the future with data

With our strategic goal of growing more rapidly than the market and reaching EUR 1.5 billion net sales by the end of 2025, data is an important success factor. Thus, we are investing in renewing our information management systems in several business areas. In addition, we are upgrading our information systems and changing our important business processes. Orionees are the drivers in this change and working to implement new systems and operating models will be a priority in the coming years.

Data is also an enabler for a continuous improvement of our performance in sustainability. It is the key for target setting and effectively monitoring the progress. We have been working on enriching our reporting of environmental, social and governance data. The 2021 assessment of Orion’s greenhouse gas emissions gave us, for example, a better understanding of the environmental impacts of our value chain. To minimise these impacts, collaboration with our partners is a prerequisite, as sustainability is built through joint efforts.

Sustainability in everything we do

Our three-year strategic development project, ‘Sustainability in everything we do’, ended in 2021. The project’s aim was to integrate sustainability with Orion’s operations. With the project, we created Orion’s sustainability agenda, enhanced our culture of continuous sustainability improvement and increased our employees’ awareness of and commitment to sustainability issues. The sustainability work will continue to strengthen the sustainability of our business operations with committed employees and partners. In conclusion, I would like to extend my thanks to all Orionees, and our partners, for raising the bar in 2021!

As I am writing this on April 26th 2022, we are shocked by the Russian invasion of Ukraine. Orion condemns war in all its forms. The concern for our employees in Ukraine is great and our thoughts are with them, as well as with all those affected by the war. We are in regular contact with our employees in Ukraine and are doing our best to help them and their closeones. Orion has also channeled humanitarian aid to the people of Ukraine through international organisations. We have provided monetary aid to the Finnish Red Cross and made charitable donations of medicines through International Health Partners (IHP) to help those affected by the war in Ukraine. At Orion, we aim to secure reliable supply of medications to all patients who need them.

Timo Lappalainen
President and CEO