Independent CDP rating recognizes medmix Beauty (GEKA) for supplier engagement on climate change

    February 24, 2022

    In line with its vision of creating a cleaner beauty industry, GEKA has been awarded a B Supplier Engagement Rating (SER) by the CDP for reducing the climate impact of its supply chain. The rating builds on an overall climate change score of B for GEKA in 2021, illustrating how the high precision beauty application expert is taking a leading role in sustainable cosmetics.

    SER scores are calculated by the CDP across multiple criteria: governance, targets, scope 3 emissions and value chain engagement. Companies undertake a CDP climate change assessment, with results used to arrive at an overall result. Ultimately, the awarded rating denotes the efforts made by a company to engage with its supply chain to minimize carbon emissions. Information provided by the CDP can be used by businesses to set further targets to tackle climate change and provide transparency to customers.

    “One of our key targets for 2025 is to reduce the carbon footprint of our global value chain by 30% compared to 2019 and we are committed to working closely with our supply chain to achieve this,” explains Girts Cimermans , CEO medmix “We want our suppliers to be part of our journey towards a low carbon future, which means engaging with them regarding materials, logistics and types of energy used. By sharing these initiatives, we demonstrate to our customers that by choosing medmix and GEKA, they are partnering with a business which is actively working to improve sustainability in the beauty industry.”

    As part of medmix, a global leader in high-precision delivery devices, GEKA is disclosing its activities with the CDP. This is aligned with the transparent, integrated approach that all medmix business segments are taking towards improving their environmental footprint. Under this ongoing effort, GEKA has had its carbon inventory independently assessed by the TÜV NORD last year and is also signed up to Science Based Targets Initiative (SBTi), which conforms to the Paris Agreement to reduce greenhouse gas emissions.

    “To help our customers confidently deliver cleaner cosmetic products to end users, we regularly introduce newer and more sustainable packaging and applicator ranges, such as the Reborn Collection. These are produced using biopolymers and recycled materials while ensuring the same high-precision quality as traditional solutions,” Girts adds. “Our suppliers enable us in developing these sustainable innovations, allowing us to create cosmetic packaging at a lower cost to the planet.”

    About medmix

    medmix is a global leader in high-precision delivery devices. We occupy leading positions in the healthcare, consumer and industrial end-markets. Our mission is to provide innovative solutions to help millions of people live healthier and more confident lives. Our customers benefit from a dedication to innovation and technological advancement that has resulted in over 900 active patents. Our 13 production sites worldwide together with our highly motivated and experienced team of 1’900 employees provide our customers with uncompromising quality, proximity and agility. medmix is headquartered in Zug, Switzerland.

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    James Amoroso

    Head of Investor Relations

    +41 41 723 73 57

    investorrelations@medmix.com

    Peter Trampert

    Senior Communications Manager

    communications@medmix.com