Friday, November 15, 2024
We published 2023 ESG report
We are pleased to announce that we have successfully completed and released our 2023 ESG report. This step is an important part of our long-term commitment to responsible and transparent business practices.
What is an ESG report?
ESG, short for Environmental, Social, and Governance, has become a significant measure by which companies are evaluated for their responsibility and sustainability. The ESG report provides a comprehensive overview of how a company handles environmental issues, impacts the community in which it operates, and manages its internal processes and governance structures.
Reporting increases transparency and improves relationships with investors, business partners, and customers, who are increasingly seeking companies with sustainable practices. Additionally, ESG strategies support positive relationships with the community and contribute to environmental protection.
Why are we publishing the ESG report now?
Although this reporting requirement will be mandated by legislation only from 2025, we believe it is the right step to take a responsible approach earlier. By engaging in ESG reporting now, we are building an advantage that will enable us to effectively respond to market expectations and customer demands. At the same time, we recognize that transparency is crucial for the growth of our company’s credibility. Publishing this information allows us not only to better manage our internal processes but also to inspire others in the industry to adopt ESG standards.
Releasing our ESG report is a step forward that clearly signals our business is aligned with responsible values and moving toward a long-term vision.
You can read the full report here: https://www.oncomed.cz/wp-content/uploads/esg-2023-en.pdf