Corporate Responsibility activities
10 percent of our pretax profit designated green activities
Corporate Responsibility requires more than just big ideas, it requires a firm financial commitment. Gubra is dedicated to donating 10 percent of our pretax profit to social and environmental activities every year. On top of this, we have also imposed an internal tax on air travel. Not a meagre few dollars per flight, but a 1 to 1 reimbursement of all Gubra flight expenses on carbon emission offset initiatives.
What to do? For a company like Gubra, focusing equally on all 17 SDGs is impossible. We need to narrow the scope. As a biotech company that helps to bring new medicines to patients, SDG 3 concerning health and well-being comes naturally to us. But what else? We have decided to focus mainly on SDGs 13, 14 and 15, because these goals relate to the most severe challenges we are currently facing – climate change and loss of biodiversity.
Most recent CR activities
Den Grønne Studenterbevægelse
In 2019, Gubra donated 100.000 DKK to the green student movement in Denmark (Den Grønne Studenterbevægelse).
Danmark planter træer
In 2019, Gubra donated 500.000 DKK to The Danish Society for Nature Conservation. The donation was given in connection to the event ‘Danmark planter træer’ (Denmark is planting trees).
In 2019, we sponsored the Kenyan Wildlife Works’ Kasigau Corridor REDD+ Project with 60.000 EUR. This amount is a 1:1 matching (EUR to EUR) between the donation and the amount we used on flight travels in 2019.
From 2018-2022, Gubra is sponsoring Fugleværnsfonden with 100.000 DKK. The money is used to maintain and promote biodiversity around the Bird Sanctuary Gundsømaglesø.
In 2018, we sponsored Wildlife Works’ Kasigau Corridor REDD+ Project with 200.000 DKK. This contribution was sufficient to off-set Gubra´s estimated CO2 emissions since its inauguration in 2008.
Gubra’s Corporate Responsibility Policy
We have formulated a vigorous and bold vision for corporate responsibility, emphasizing the need for radical change. We hope our approach will inspire others not to settle for the low hanging fruits of win-win but to raise the bar further and recognize that sacrifices have to be made.
Internal tax on all air travel
In 2019, Gubra puts an internal tax on air travel, balancing all flight expenses dollar to dollar to be used for carbon offset initiatives. This will not only cancel out our own flight emissions – but reduce by multiple-fold our flight-footprint.
Inspire and engage
It is part of Gubra’s vision and mission to act and play an active role in the fight for a healthier and more sustainable world. We engage with politicians and other companies to create awareness and spur action for a more sustainable world.
How to reduce Danish CO2 emissions by 70 percent in 2030?
Gubra is member of one of the 13 Climate Partnerships (Regeringens Klimapartnerskaber) set up between the Danish Government and Danish businesses. Our CEO Henrik Blou participates in meetings between government representatives and fellow industry leaders from the pharmaceutical and biotech industry. Here they discuss and find solutions to how the industry can most effectively contribute to the Danish government’s ambition to reduce CO2 emissions by 70 percent in 2030.
Organic and locally produced food
In 2017, Gubra’s canteen was awarded the organic gold medal (more than 90% organic food). Over the years, we have gradually reduced the use of meat (particularly cow) in the canteen so that we now have a minimum of 2 vegetarian days every week. The goal of the canteen is to serve primarily organic and locally produced food.