Everyone at Indivior takes their responsibilities in these important areas seriously. The workforce aims to create sustainable value for a wide range of stakeholders, including patients, physicians, payors, policymakers, shareholders, employees and within the communities that Indivior operates.
Culture
Since Indivior launched its American business in 2003, its culture has been shaped by its Guiding Principles. These have shaped the decision making process and provided a blueprint for all of Indivior’s activities. This framework has also shaped Indivior’s culture, which is a genuine competitive differentiator, by enabling and encouraging Indivior’s commitment to remove the stigma of addiction and shift its treatment into mainstream medicine.
Indivior's Guiding Principles
Indivior’s Guiding Principles define its philosophy and how it operates. Patients are the center of Indivior’s decision making and Indivior’s employees consciously align their day-to-day activities to them at all times.
Dialogue with investors and reporting
Steps to enhance Indivior’s ESG approach
Indivior’s management team recognizes the increasing stakeholder interest in its responsible business (or “ESG”) approach and performance. Several steps have been taken and are planned in 2022 to transparently evidence and formalize this aspect of Indivior’s business. The Group has also commenced or undertaken projects as part of its ongoing efforts to address ESG matters. These include the establishment of a Sustainability Committee. The first meeting took place in January 2022. The Committee comprises all of the members of the Executive Committee and is Chaired by the Chief Manufacturing and Supply Officer. The Committee will meet quarterly and is responsible for;
- Developing, implementing and monitoring Indivior’s strategy on key Environmental,Social and Governance (ESG) matters;
- Setting appropriate targets related to the Group’s ESG strategy and monitoring performance against those targets; and
- Reporting on the implementation and to make recommendations in respect of the Group’s ESG strategy to the Board of Directors.
The Sustainability Committee is supported by an ESG strategy team made up of members of the workforce drawn from different parts of the business, supported by external advisors. The team is led by a full-time ESG specialist who joined Indivior in the second half of 2021.
Indivior plans to introduce quarterly emissions reporting internally in 2022 and, as part of this process, is intending to expand the range of its Scope 3 reporting.
The Remuneration Committee has considered the inclusion of ESG metrics in the Group’s annual and long-term incentive plans and has committed to including ESG metrics in the Group’s annual and/or long-term incentive plans in 2023.
