Orexo AB Receives Gold Sustainability Rating by EcoVadis, Placing Among Top 5% Worldwide

Orexo AB, a Swedish pharmaceutical company, has been awarded a Gold Sustainability Rating by EcoVadis, a leading provider of business sustainability ratings. This prestigious recognition places Orexo AB in the top 5 percent of the 70,000 businesses worldwide that are assessed by EcoVadis annually.

The Gold Sustainability Rating was granted based on Orexo AB’s first year of reporting to EcoVadis, which primarily included sustainability data related to the company’s operations in Sweden. The assessment covered various aspects of Orexo AB’s business, including Group headquarters functions, research and development, regulatory affairs, quality and safety, and supply chain.

This achievement reflects the dedicated sustainability efforts undertaken by Orexo AB over the past several years, encompassing social, environmental, and governance areas. The company’s employees and partners have collaborated to achieve success across four key areas: environment, labor and human rights, ethics, and sustainable procurement.

Nikolaj Sørensen, President and CEO of Orexo, expressed his gratitude for the Gold Sustainability Rating, emphasizing the company’s commitment to setting ambitious goals in its pursuit of a more sustainable and inclusive future. He highlighted that Orexo’s values-based approach to growth is centered around delivering optimal outcomes for patients, investors, the company, and society as a whole.

Orexo AB’s sustainability efforts align with its mission to develop improved pharmaceuticals that address significant medical needs. In the United States, the company offers innovative treatment solutions for patients suffering from opioid use disorder and related conditions. Additionally, Orexo AB collaborates with leading partners to develop and commercialize products targeting various therapeutic areas worldwide.

With total net sales of SEK 639 million in 2023 and a workforce of 116 employees, Orexo AB is listed on Nasdaq Stockholm’s main list and is also available as an ADR on OTCQX in the US.

For more information about Orexo AB and its sustainability initiatives, please visit their website at www.orexo.com.

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