Compliance, Ethics and Transparency
It is our fundamental responsibility to act with integrity and maintain the highest ethical standards in everything we do. Our aim is to build trust and give confidence to patients, employees, partners and the communities we serve.
Our culture and compliance system provide a clear framework for our actions and are built around our Code of Conduct. Our Compliance Organisation is deeply anchored in our business. Compliance Officers sit on decision-making bodies across the organisation. Their independence is maintained through a direct reporting line into the Chief Responsibility Officer, who regularly reports to the Executive Board and the Supervisory Board.
An ongoing dialogue at Grünenthal brings to life our global Compliance framework. This includes face-to-face training and workshops, as well as online training sessions and day-to-day consulting for our colleagues. We firmly demand that our business partners act lawfully and with integrity in line with this framework. We also offer a 24-hour Ethics Helpline that is open to anyone who has questions, concerns or doubts.
|Material Topic||Our Ambitions / KPIs for 2022|
|Compliance, Ethics and Transparency||Continuous development of our state-of-the-art compliance and ethics framework that was globally re-launched in 2018 (e.g. by establishing a bioethics and data ethics framework in 2021).|
|Establishing and constantly improving a working environment where all employees feel valued, respected, included and empowered to do their best, bring great ideas to the table and develop their full potential.|
|Product Governance and Safety||97 percent “on-time” submissions to authorities globally for Individual Case Safety Reports (“ICSR”).
|Maintain or exceed the current level of recognised compliance with global pharmacovigilance standards.
100 percent compliance with the International Conference on Harmonisation-Good Clinical Practice (ICH-GCP) standards and other applicable ethical standards.