Orthofix Medical Inc. · NASDAQ:OFIX
Orthofix Medical — ESG Presentation (2024)
29 slides from Orthofix Medical's sustainability presentation, Oct 21, 2024
Slide 1: 2023 Corporate Responsibility Factsheet
2023 CORPORATE RESPONSIBILITY FACTSHEET
Slide 2: Table of Contents
Table of About Us 3 Stakeholder Approach Contents to Corporate Responsibility About This Report 4 6 A Message to Our Stakeholders 7 Commitment to Sustainability 9 Our People 10 Community Involvement 13 Environmental Responsibility 14 Governance 16 Safety and Quality 19 Annex 21 SASB Table 22 Supplem
Slide 3: About Us
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex About Us Since its founding in Verona, Italy, in 1980, Orthofix has evolved and grown to become a leader in specialized orthopedic and spine technologies, providing innovative solutions to surgeons and
Slide 4: Stakeholder Approach to Corporate Responsibility
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Stakeholder Approach to Corporate Responsibility Over the past few years, we have enhanced our Corporate Responsibility (“CR”) strategy to align with the broader transformation of our business. Our exe
Slide 5: Our Sustainability Journey
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex OUR SUSTAINABILITY JOURNEY Against this backdrop, we have engaged with our internal and external stakeholders on 2020 sustainability topics to help further inform our future direction and priorities. T
Slide 6: About This Report
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex About This Report Our commitment to sustainability, and the five tenets of our strategy, are strategic and operational imperatives as we build a sustainable infrastructure across the company. Our five
Slide 7: A Message to Our Stakeholders
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex A Message to Our Stakeholders Orthofix experienced a year of growth and change in 2023. We completed a merger with SeaSpine, solidifying our position as an industry leader in spine and orthopedics. We
Slide 8: Highlights of Sustainability Progress
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Some highlights include: • We have engaged our team of over 1,600 employees worldwide to help us define the organizational culture that will equip us to excel as one team and reflect the diversity of o
Slide 9: Commitment to Sustainability
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Commitment to Sustainability We believe we have a responsibility to serve, support, and be transparent with our stakeholders. We strongly believe that our focus on sustainability priorities is a critic
Slide 10: Our People
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Our People At Orthofix, our success depends on our highly skilled, motivated, and valued employees, and we continually strive to use our knowledge, talents, and resources to improve their quality of li
Slide 11: Diversity, Equity, and Inclusion
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex We embrace and encourage our employees’ differences as a cornerstone of our global business. Building from the belief that diversity, equity, and inclusion are essential to the success of a transformat
Slide 12: Employee Benefits and Well-being
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex We provide a comprehensive and competitive benefits package that supports the physical, mental, and financial well-being of our workforce. We believe that when our people are healthy, they are more lik
Slide 13: Community Involvement
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Community Involvement Some of the organizations we supported in 2023 include: At Orthofix, community involvement is woven into our company and culture. We’re committed • Donate Life America to making s
Slide 14: Environmental Responsibility
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Environmental Responsibility Highlights of our environmental sustainability efforts and accomplishments include: Orthofix is committed to responsible environmental practices that include conservation o
Slide 15: Recycling Program and Circular Economy
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Since February 2021, we have offered a free recycling program to our patients using Bone Growth Stimulators to reduce the number of devices that end up in landfills after use — the first program of its
Slide 16: Governance
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Governance Conflict Minerals Report This report is consistent with our CR standards, as we support the end of the human rights violations and violence in the Democratic Republic of We strive to conduct
Slide 17: Board of Directors
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Orthofix’s Board is comprised of nine directors. The Board oversees the company’s management and SKILLS AND EXPERTISE business for the long-term benefit of our stakeholders. Our Board members set the t
Slide 18: Risk Management and Cybersecurity
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Orthofix recognizes that identifying and managing enterprise risks is critically important to the long-term success of our business. We rely on a comprehensive risk management process to aggregate, mon
Slide 19: Safety and Quality
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Safety and Quality During the last few years, we have evolved as an organization to meet the needs of our changing workforce. Employees’ safety risks vary depending on the roles they perform, and we se
Slide 20: Product Innovation and Recognition
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Our STIM onTrack™ mobile app was recognized as the “Best Patient Our machine vision 7D FLASH™ navigation platform is used in a Engagement Mobile App” in 2023 by MedTech Breakthrough, an variety of post
Slide 21: Annex
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Annex This annex expands transparency through key quantitative data compiled in accordance with the SASB frameworks, along with additional details on our workforce, revenues, sales, stakeholders, locat
Slide 22: SASB Table
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex SASB Table SASB METRIC SASB CODE 2023 DATA NARRATIVE RESPONSE AND COMMENTS Affordability & Pricing Ratio of weighted average rate HC-MS-240a.1 Please see Narrative Response. The prices of our products
Slide 23: SASB Table: Product & Safety
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex SASB METRIC SASB CODE 2023 DATA NARRATIVE RESPONSE AND COMMENTS Product & Safety Number of recalls issued, total HC-MS-250a.1 2020: No recalls, 0 units recalled The recalls reported in 2023 were initia
Slide 24: SASB Table: Product Design & Lifecycle Management
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex SASB METRIC SASB CODE 2023 DATA NARRATIVE RESPONSE AND COMMENTS Product Design & Lifecycle Management (cont.) Total amount of products HC-MS-410a.2 (1) Approximately 9,100 units of We work with a recyc
Slide 25: Supplementary Tables
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Supplementary Tables We have partnered with an environmental engineering firm to complete our second GHG Emissions Inventory and to estimate our waste generation and water usage. This inventory will fa
Slide 26: GHG Emissions Inventory Summary by Country
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex GHG Emissions Inventory Summary by Country Water Non- Withdrawal Total Non- Non- Hazardous S1 Stationary S1 Mobile S1 Total S2 S2 LB S2 MB from Hazardous Hazardous Hazardous Waste Combustion Combustion
Slide 27: Workforce Representation
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Workforce Representation Team Members Managers and Directors 400 55% 54% 200 56% 53% 54% 53% 47% 47% 46% 44% 45% 300 150 43% 200 100 Overall 100 50 2% 0% 1% 0% 0% 1% 2021 2022 2023 2021 2022 2023 2021
Slide 28: Workforce Representation
About Us Introduction About This Report Message to Stakeholders Commitment to Sustainability Annex Workforce Representation Team Members Managers and Directors 6% 5% 6% 13% 5% 8% 17% 4% 6% 12% 7% 5% 17% 5% 5% 3% 6% 13% 6% 17% 5% 3% 6% 8% 8% 11% 10% Overall 11% 17% 16% 49% 49% 45% 62% 62% 56% 79% 13%
Slide 29: Orthofix Medical Inc.
Orthofix Medical Inc. 3451 Plano Parkway, Lewisville, Texas 75056