How We Work with Sustainability

At Nomeco, sustainability is an integrated part of how we do business and make decisions. We work with a long-term perspective to limit our environmental impact, create a safe and inclusive workplace, and conduct our business responsibly and ethically.

EcoVadis Platinum

For the third year in a row, Nomeco has been awarded the platinum medal by EcoVadis, most recently in April 2026. The medal places us among the top 1% of companies in EcoVadis' sustainability assessment. EcoVadis is an international platform for assessing companies' sustainability performance and corporate social responsibility. The assessment covers the environment, labor and human rights, ethics, and sustainable procurement. The platinum medal recognizes Nomeco's sustained focus on sustainability and responsible, ethical business practices.

 

Ecovadis 2026
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An inside look at our ESG initiatives

Sustainability Report 2025/26

This sustainability report aims to provide a comprehensive overview of Nomeco's sustainability initiatives and outcomes of FY2025/26.

 

Climate Targets

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We have PPAs in place, so 100% of our electricity consumption is covered by renewable electricity from wind energy.

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Towards the 2030/31 financial year, we are contributing to the PHOENIX Group's target of reducing Scope 1 and 2 emissions by 37.8%.

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Our target is for at least 50% of our transport to be electric by the 2027/28 financial year.

Verdensmål

UN Sustainable Development Goals and Global Compact

We have identified UN Sustainable Development Goals 3, 8, 12 and 17 as particularly relevant to our business and sustainability work. At the same time, we support the ambitions of the Paris Agreement and integrate climate considerations into our operations and long-term development.

In addition, we are a participant in the UN Global Compact, which encourages companies to align their strategies and operations with the ten universal principles on human rights, labour rights, environmental protection and anti-corruption.

Read more about the UN Sustainable Development Goals here and the Paris Agreement here.
Read more about the UN Global Compact here.

SDG 3 - Good Health and Well-being
We deliver health - that is our mission as a pharmaceutical wholesaler. We contribute to Goal 3 by working to ensure reliable access to medicines and healthcare products, which is a prerequisite for promoting health and well-being in society. We support this through high-quality standards, traceability and safe handling of medicines throughout our distribution.

 

SDG 8 - Decent Work and Economic Growth
We work to provide a safe and inclusive working environment, with a focus on good working conditions, skills development and well-being. This creates a strong foundation for our employees while also contributing to productivity and sustainable economic growth.

 

SDG 12 - Responsible Consumption and Production
We are committed to limiting our environmental impact through energy efficiency, renewable electricity and the transition of our transport. Together with our partners, we are working to reduce plastic and waste and to increase the share of waste that is recycled or recovered.

 

SDG 17 - Partnerships for the Goals
We see collaboration as a prerequisite for achieving our goals. We therefore work in close dialogue with customers, suppliers and other partners to reduce our environmental impact. Through collaboration, we share knowledge, develop joint solutions and support initiatives in areas such as packaging, waste and transport. Partnerships are a central part of our work to reduce our climate impact, strengthen responsible business practices and create long-term value for both society and business.

Our strategic focus and material areas

As part of the healthcare supply chain, we have a strong responsibility to contribute to climate protection and sustainable development. We carry out materiality assessments to identify and prioritise the sustainability topics that are most relevant to our business and our stakeholders. The assessments help us direct resources and efforts towards the areas that matter most to our economic, environmental and social performance.

This has led to a focus on three areas: reducing our environmental footprint, creating a safe and inclusive workplace, and conducting our business in a responsible and transparent way. We are meeting the growing requirements from both business partners and legislation, and we see the green transition as an opportunity to drive innovation and sustainable growth.

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Environmental

We are committed to reducing our environ­mental impact across operations and the broader value chain. Our priorities focus on decarbonising our op­erations, improving resource efficiency and reducing waste, while supporting the transition to more sustainable logistics solutions.

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Social

We are committed to providing a safe, inclu­sive and responsible workplace while con­tributing positively to society through our role in the healthcare value chain. Our priorities focus on human and labour rights, employee well-being and development, and responsible practices across our operations and value chain.

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Governance

We are committed to conducting busi­ness in a responsible, ethical and trans­parent manner. Our priorities focus on ensuring compliance, preventing misconduct and strength­ening responsible practices across our operations and value chain.

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Our key environmental priorities

 

  • Reduce greenhouse gas emissions from our operations through the electrification of transport and renewable electricity.

     

  • Reduce waste and the environmental impact of packaging, while supporting circular solutions.

 

  • Collaborate with customers and suppliers on solutions that reduce the environmental impact of logistics and packaging.

 

  • Strengthen responsible procurement and supply chain transparency across selected material streams and suppliers.

Our key social priorities

 

  • Ensure good working conditions through fair pay, flexible working hours, freedom of association, social dialogue and a safe, non-discriminatory workplace that supports physical and mental well-being.

 

  • Support training and development through skills building, career development and annual development reviews.

 

  • Strengthen our work to identify and manage human rights risks through risk assessments and dialogue with suppliers across the value chain.

 

  • Contribute to patient safety and reliable access to medicines through high-quality standards, traceability and safe handling of medicines.
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ESG (525x656)

Our key governance priorities

 

  • Promote anti-corruption, ethical business conduct and legal compliance through policies, guidelines, training and internal controls designed to prevent bribery, fraud and unethical behaviour.

 

  • Protect personal and business-critical data while strengthening resilience, privacy, cybersecurity and preparedness to manage operational disruptions.

 

  • Strengthen responsible procurement and supply chain governance through clear supplier expectations and ongoing follow-up through risk assessments and dialogue.

 

  • Ensure confidential whistleblower and complaints mechanisms that support accountability, responsible reporting and protection against retaliation or discrimination.
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Reporting and commitments

We work to deliver transparent sustainability reporting that meets legal requirements and the expectations of our stakeholders.

Nomeco Sustainability Report 2025-26

Nomeco Sustainability Report 2024-25

Nomeco Sustainability Report 2023-24

Our parent company, PHOENIX Group, also publishes an annual sustainability report. The report is an important part of our commitment to transparency and accountability. You can find all sustainability reports via the  link here.

EcoVadis is an international assessment platform used to evaluate companies' sustainability performance in areas including the environment, labour and human rights, ethics and sustainable procurement. For the third year in a row, Nomeco has been awarded the platinum medal by EcoVadis, most recently in April 2026. We use the assessment to identify areas where we can improve our work.

We have chosen to commit to the UN Global Compact (UNGC). By joining the UNGC, we commit to working with the ten principles on human rights, labour rights, the environment and anti-corruption. Our commitment to the UNGC supports our work in these areas and gives us the opportunity to be part of a global network of companies that share knowledge and experience within sustainability.

Nomeco reports to the Carbon Disclosure Project (CDP), an international non-profit organisation that runs a global platform for environmental reporting. Nomeco reported to CDP for the first time in 2024, and we continue to report every year. The reporting supports our work to identify climate-related risks and opportunities and helps us continually improve the quality of our climate reporting.

Our ESG results

Below you will find a selection of our ESG results. We are continually working to reduce our environmental impact, create a safe and inclusive working environment, and run a responsible and ethical business.

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Environment

  • Less plastic: We reduced our plastic consumption by 33% from 2024/25 to 2025/26, partly through thinner stretch film.
     
  • Better waste sorting: We are continually improving our waste sorting so that more waste can be recovered. In 2025/26, approximately 89% of our waste was recovered through recycling or other recovery.
     
  • Reuse in logistics: Reusable temperature loggers replace single-use solutions. They are returned, refurbished and reused. The share that is discarded has fallen from approximately 50% in 2022/23 to approximately 10% in 2025/26.
     
  • Greenhouse gas emissions from our own operations: Our emissions from our own operations have fallen by 23% since 2021/22.

Social

  • Loyal employees: Our employees have an average tenure of 5.5 years, and 12% have been with us for at least 15 years.
     
  • Diversity: 40% of our employees are women.
     
  • Employee dialogue: 79% of our employees took part in the most recent employee satisfaction survey, and HR uses the results to make concrete improvements.
     
  • Development and health: All employees received skills development in 2025/26 and have access to health insurance.
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Resultater (915x610)

Governance

  • Ethics and compliance: 100% of our employees are trained in business ethics, including anti-corruption and compliance.
     
  • Responsible suppliers: Our top 10 suppliers and all new suppliers have signed our Supplier Code of Conduct or an equivalent code that has been reviewed by Nomeco.
     
  • Whistleblower scheme: Employees, business partners and third parties can report concerns confidentially, including anonymously, through our whistleblower system.
     
  • EcoVadis Platinum: We have achieved EcoVadis Platinum for the third year in a row, most recently in April 2026.

Policies and guidelines

Our policies are the foundation of our sustainability work. Here you will find the policies and guidelines that govern our work on the environment, people and business ethics.

Our sustainability policy applies to all Nomeco employees. It brings together our work on the environment, social matters and responsible business conduct, so that we comply with relevant legislation, limit our impact on the environment and climate, and use resources wisely. At the same time, we set requirements for our suppliers and are in ongoing dialogue with our stakeholders.

See our sustainability policy here

Towards the 2030/31 financial year, we are contributing to the PHOENIX Group's target of reducing absolute Scope 1 and 2 emissions by 37.8% compared with 2021/22. In our climate transition plan 2026-2027, you can see how we are working towards the target and how far we have come.

See our climate transition plan here

The action plans have been published in accordance with the requirements for energy audits and climate audits.

Energy action plan

Climate action plan

We respect human rights as set out in the UN Guiding Principles on Business and Human Rights, both in our own activities and in our cooperation with our business partners. Our work follows PHOENIX Group Policy Statement on Human Rights. We continually work to identify relevant risks and follow up on them in dialogue with our suppliers.

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