2023 ANNUAL REPORT
At MEI, we have divided our ESG components into four categories:
Environmental, Health & Safety, Social Impact, Human Capital, and Governance.
We view each category as follows:
Criteria that examine how we contribute to and perform on environmental challenges and efforts to protect the health and safety of employees and the public from activities associated with our business. This includes energy use, waste, pollution, natural resource conservation, and practices to promote a safe and healthy work environment. The criteria can also be used in evaluating any environmental, health, or safety challenge we might face and how we manage related risks.
Criteria related to the relationship we have and the reputation we foster with the people and institutions in the communities where we do business. For MEI, as a pharmaceutical company focused on developing and ultimately commercializing medicines, a significant part of the Social Impact criteria relates to how we conduct clinical trials and work with patients, healthcare providers, advocates, professional organizations, and others in designing and conducting clinical trials, and potentially the commercialization of our drug candidates.
MEI recognizes that our success and the value we provide are based on the knowledge, skills, and experience employees bring to MEI. To capture the full value of the Human Capital inherent in our people, we are committed to providing the environment and the resources to support our employees properly. Essential elements of our Human Capital efforts concern workforce planning, talent acquisition, diversity, equity & inclusion, and workforce optimization the ongoing development of our workforce, we are building a sustainable organization for the future.
The standards for running a company to manage a range of issues to help promote strong business practices include compliance, risk management, safety management, supply chain and materials sourcing, conflicts of interest, anti-competitive behavior, corruption, and bribery. At MEI, we are consistently enhancing the internal system of practices, controls, and procedures we adopt to govern the company, make effective decisions, comply with the law, and meet the needs of external stakeholders.