Care for the environment

Medicover’s target is to reduce scope 1 and 2 CO2e emissions per euro million of revenue by 50 per cent by 2030.

Medicover views environmental care as a prerequisite for human health and wellbeing. Medicover is committed to play its part in the achievement of SDG #13: Take urgent action to combat climate change and its impacts. Improving access to care means that Medicover’s investments are predominantly in markets where the current access to healthcare is relatively weak, and these markets are often markets which are still heavily reliant on fossil fuels, reflected in the current profile of Medicover’s CO2e emissions.

 

 

Medicover strives to decrease the Company’s environmental impact over time. Medicover’s main environmental impacts and risks are related to energy use in our hospitals, clinics and other facilities; from various equipment and materials; from external and internal transport; and from waste. Medicover’s target is to reduce scope 1 and scope 2 CO2e emissions per euro million of revenue by 50 per cent by 2030 from a 2020 baseline.

In 2021 the Medicover Environmental and Climate Change Policy was updated as part of an ongoing assessment to improve environmental performance. The policy is aligned with the Paris Agreement and commits Medicover to:

  • conduct all activities in compliance with relevant environmental legislation and regulations.
  • consider environmental opportunities and risks when making business decisions.
  • monitor, measure, and seek to reduce greenhouse gas emissions from operations.
  • follow a sustainable energy model/strategy based on efficiency and the use of renewable energy sources where available
  • Optimise distribution and logistics processes to make these more environmentally friendly.
  • Manage natural resources responsibly and sustainably.
  • Improve water management and efficiency in buildings.
  • Apply measures to prevent and reduce pollution.
  • Progressively transition to a circular economy.
  • Develop digital solutions and services with lower environmental impact.
  • Continue the roll-out of Environmental Management Systems such as ISO 14001 or EMAS to all major businesses across all business units.
  • Seek to minimise the indirect environmental impact of Medicover throughout its value chain.

Improving access to care means investing in some markets which are still heavily reliant on fossil fuels. The geographic distribution of Medicover’s emissions is very different to the distribution of revenue.

 

Progress is measured by tracking:

  • Medicover’s total direct consumption of energy: 89,373 kWh per EURm of revenue (82,788 kWh)
  • Medicover’s total direct CO2e emissions: 42.8 t CO2e per EURm of revenue (44.1 t CO2e)

Below table summarises Medicover's key environmental indicators and covers all operations.