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Redcare Pharmacy elevates sustainability standing with Sustainalytics ESG rating upgrade.

Redcare Pharmacy achieved a substantial upgrade within the Sustainalytics ESG rating, transitioning from a medium-risk to a low-risk classification. This notable advancement positions the online pharmacy among the top 26% of global companies spanning various sectors, establishing a prominent presence in sustainable business practices.

Sustainalytics is a key player in assessing sustainability performance for capital market participants. Within the drug retail industry, Redcare Pharmacy has secured an impressive 7th position out of 32, underscoring the efficacy of its sustainability.

This achievement signifies not only the successful realisation of Redcare Pharmacy’s sustainability target for 2023, but can also be largely attributed to the company's unwavering commitment to achieving Net Zero by 2040. Additionally, various governance aspects, such as the implementation of an updated remuneration policy and the integration of ESG targets into executive long-term incentivisation, coupled with increased transparency in pharmaceutical quality standards, have collectively contributed to this upgrade.

Redcare Pharmacy achieved a substantial upgrade within the Sustainalytics ESG rating, transitioning from a medium-risk to a low-risk classification.

Redcare Pharmacy elevates sustainability standing with 

Redcare Pharmacy elevates sustainability standing with Sustainalytics ESG rating upgrade