STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Viatris 2023 Sustainability Report: Health and Safety in the Workplace

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Viatris' 2023 Sustainability Report highlights the company's commitment to workplace health and safety. With a global workforce across various settings, Viatris implements a comprehensive Environmental, Health and Safety (EHS) Management system. Key focus areas in 2023 included enhancing safety culture, process safety, and equipment safety.

Notable achievements include:

  • A total recordable incident rate of 0.50, significantly lower than the industry average of 1.6
  • Completion of 11 safety climate assessments
  • Over 690 safety walks conducted by leadership teams
  • Expansion of the VSafety Situational Awareness program
  • Enhancement of the Process Safety Global Program
  • Conducting approximately 1,840 risk assessments
  • Implementation of a world-class Process Safety management assessment program in Indore, India
  • Development of an enhanced incident reporting system for non-operations colleagues

These initiatives demonstrate Viatris' ongoing commitment to fostering a culture of health and safety across its global operations.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

NORTHAMPTON, MA / ACCESSWIRE / September 19, 2024 / With a global workforce in a variety of settings including offices, laboratories and manufacturing plants, maintaining a safe and healthy workplace for our Viatris colleagues regardless of their location is imperative.

We work systematically to establish a culture of health and safety. Viatris' global Environmental, Health and Safety (EHS) Management system, technical requirements, processes and systems across our locations form the foundation; however, to truly instill and uphold a culture of health and safety, we must also lead by example through our behavior, communication and tone at the top. To continuously improve and enhance risk awareness and mitigation, we establish areas of focus for our health and safety management year over year. In 2023, areas of particular focus included enhancing safety culture, process safety, electrical safety and equipment safety.

We work proactively on incident prevention, diligently working every day to identify and reduce health and safety risks to both our colleagues and the communities in which we operate. Our total recordable incident rate in 2023 was 0.50 versus an industry average of 1.6.1

Leadership and communication are important aspects of establishing a strong safety culture and performance. We encourage and expect our leaders to continuously reinforce safety messages and maintain open 1Recordable cases per 200,000 hours worked Sources communication with their teams. All of our operations sites have a Safety Culture Enhancement Plan, which is to be regularly reviewed and updated. In addition, we also:

  • Completed 11 safety climate assessments across our locations using a Safety Climate tool developed by Global EHS leaders

  • Expanded our Safety Walk Around program, conducting more than 690 safety walks by site leadership teams resulting in Prevention Opportunities and 1,100 safety conversations

  • Continued the Viatris Safety Culture Webinar Series, with more than 215 leaders attending

  • Held refresher training on our VSafety Situational Awareness program, which was launched in 2022 with a goal of reducing the frequency and severity of incidents where the human factor is a key contributor, and extended the program to more sites including in Ireland and France

  • Expanded Safety Leadership Coaching to more sites globally

Enhancing Process Safety

Working systematically with health and safety risks associated with the manufacturing process, known as Process Safety, is a central part of our health and safety management. In 2023, we continued to enhance our Process Safety Global Program, which was developed and launched globally the year before along with the related technical requirements. We utilized Teams meetings to roll out initial training and developed a companywide Process Safety Introduction eLearning program to integrate an overview of our process safety program into our site operations rolebased curricula.

An enhanced risk assessment program was rolled out across manufacturing locations to capture and evaluate risks associated with the development and manufacturing of products. Approximately 1,840 risk assessments were conducted through the tool, generating valuable insights to help to reduce risks. In Hyderabad, India, a state-of-the-art Process Safety lab is being established to analyze process safety hazards both from chemical reactivity and powder dust explosivity. To capture any process safety risks during scale up of new products from the R&D sites in India, almost 60 new products were reviewed to incorporate process safety information (PSI) data, which included preliminary risk assessment and powder safety data. The data were provided to the manufacturing locations as a part of technical transfer documentation, which will be further used by the facilities during detailed site level risk assessments.

One of those risks involved bursting of rupture discs, which are used on equipment to reduce pressure energy and avoid catastrophic equipment failure. The Process Safety team worked with a site to analyze the causes of failure and implemented new processes, resulting in reducing the failure rate.

Further, in 2023, we implemented a world-class Process Safety management assessment program at our facility in Indore, India. We received external certification for the program by the International Sustainability Rating System (ISRS) in its ninth and latest updated edition.

Developing an Enhanced Incident Reporting System for Non-Operations Colleagues

Throughout 2023, the Global EHS Systems Team worked with EHS Regional leaders and and non-operations EHS liaisons to enhance an incident reporting system to capture incidents involving our non-operations colleagues, which includes non-operations office-based colleagues, colleagues who are officially designated as working remotely and commercial colleagues who may fit into either of those categories. The system provides a simple, easy-to-use report that is easily accessible from the company's intranet so that non-operations colleagues can quickly and easily report any work-related injuries or illnesses. Global and Regional EHS teams can then provide assistance with investigations, root cause analyses and corrective actions to prevent the same or similar incidents from occurring in the future.

View the full 2023 Sustainability Report.

Sources
1 Recordable cases per 200,000 hours worked

View additional multimedia and more ESG storytelling from Viatris on 3blmedia.com.

Contact Info:
Spokesperson: Viatris
Website: https://www.3blmedia.com/profiles/viatris
Email: info@3blmedia.com

SOURCE: Viatris



View the original press release on accesswire.com

FAQ

What was Viatris' (VTRS) total recordable incident rate in 2023?

Viatris' total recordable incident rate in 2023 was 0.50, which is significantly lower than the industry average of 1.6.

How many safety walks did Viatris (VTRS) conduct in 2023?

Viatris conducted more than 690 safety walks by site leadership teams in 2023, resulting in Prevention Opportunities and 1,100 safety conversations.

What new safety program did Viatris (VTRS) implement in Indore, India in 2023?

In 2023, Viatris implemented a world-class Process Safety management assessment program at its facility in Indore, India, which received external certification from the International Sustainability Rating System (ISRS).

How many risk assessments did Viatris (VTRS) conduct through its enhanced program in 2023?

Viatris conducted approximately 1,840 risk assessments through its enhanced risk assessment program across manufacturing locations in 2023.

What new reporting system did Viatris (VTRS) develop for non-operations colleagues in 2023?

In 2023, Viatris developed an enhanced incident reporting system for non-operations colleagues, including office-based and remote workers, to easily report work-related injuries or illnesses via the company's intranet.
Viatris Inc Ord Shs

NASDAQ:VTRS

VTRS Rankings

VTRS Latest News

VTRS Latest SEC Filings

VTRS Stock Data

12.25B
1.15B
0.28%
85.61%
3.48%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
Link
United States
CANONSBURG