Responsible Business Practice
Society has increasingly high expectations for ethical behavior from global healthcare companies – expectations that very often go beyond what is legally required. We are taking steps to ensure our standards align with these expectations.
Our business practice is based on providing efficient, high-quality and safe pharmaceutical products, ethical management of the company, reducing our impact on the natural environment and a responsible and ethical attitude towards employees. We achieve all this through responsible business, with an emphasis on integrity, transparency and environmental sustainability.
In line with the highest standards of ethical business
We were one of the first companies in Slovenia to accede to the Slovenian Corporate Integrity Guidelines.
We are the ambassador of Corporate Integrity as we consider it of essential importance for conducting responsible business practice and achieving sustainable development. Integrity, as one of Novartis key values, is our guiding principle in decision-making.
The principles of Novartis Code of Ethics guide us in good business practices, ethical conduct and legal compliance.
Novartis in Slovenia has been publishing all value transfers to healthcare professionals and healthcare organizations in all European countries and in connection with all products.
Mutual and long-term relationships with stakeholders
We recognize the interests of our stakeholders and are building long-term relationships using different kinds of collaboration. Listening and seeking answers to questions are the basic principles of dialog and inclusion.
Our key stakeholder groups are our patients, our healthcare partners, our associates, local communities and regulators.
Novartis may provide funding or other support to legitimate organizations to support its mission to discover new ways to improve and extend people's lives, advancing scientific and medical knowledge, and supporting the communities where Novartis Associates live and work.
At the heart of the business strategy
Corporate responsibility is endorsed and ingrained at the highest level in our company. It is the integral part of our business strategy. We pursue it with all our business activities, functions, and our stakeholders.
Long term and annual goals have been set regarding all corporate responsibility aspects and we are taking measures for their implementation.
Sound and sustainable approach to environmental impact
Responsible business is directly related to responsibility for the environment, which is one of the priority interests of our employees and local communities. We strive to pursue good environmental practice at all stages of our work processes and the life cycle of our products. We implement an active environmental policy through a number of activities for the protection of the environment, with which we often exceed legal requirements. When making business decisions, we take into account direct and indirect environmental impacts. We use natural resources wisely and increase the efficiency of their consumption.
Strict compliance with pharmacopoeia and other requirements
The development and manufacture of medicinal products strictly comply with Pharmacopoeia requirements, WHO and OECD standards; requirements of the FDA and the Public Agency for Medicinal Products and Medical Devices of the Republic of Slovenia (JAZMP), and the Good Laboratory Practice recommendations.
The development of medicinal products, APIs and manufacturing procedures is based on precautionary measures such as progressivity, inclusion of independent scientists, as well as open and transparent consideration of strengths and weaknesses.