Our Sustainability Pledge
As a leading supplier of approved weighing instruments for over 95 years, Marsden are experts in weighing and a leader in the field of health technology. We invest in solutions that will have a positive impact on people’s health. We also support a broad range of business sectors to be compliant with standards, improve efficiencies and reduce waste.
The Marsden business, like all others, is intertwined with environmental, social and governance (ESG) concerns. We have taken positive steps to adapt to challenges presented and embrace the opportunity to augment the way we operate through ethical and sustainable practices.
We have set ourselves an ambitious target across all the ESG dimensions. To achieve this, there is acute focus on six priority areas which were distilled following a comprehensive materiality assessment aimed at identifying both the areas of highest impact and highest importance.
We will act responsibly towards our planet and Society. Whilst continuing to build on our heritage, we will invest in our people, be an employer to be proud of and together deliver superior long-term value to customers and shareholders.
Continue reading to learn more about our six high level areas of priority, alternatively download the full policy here.
GREENHOUSE GAS EMISSIONS
- Produce a Board approved Carbon Reduction Plan in line with the NHS England supplier roadmap and UK Government Procurement Policy Note 06/21 before the end of Q1 2024.
- Aim to be Net Zero for scope 1 emissions controlled directly by 2040 and for scope 2 and a subset of scope 3 emissions by 2045.
WASTE MANAGEMENT & PLASTICS
- Overall reduction in waste to landfill of 20% and overall waste consumption reduction of 15% relative to turnover.
- 20% of products & packaging made from recyclable components by 2040.
CIRCULAR ECONOMY & PRODUCT LIFECYCLE
- We will move to standardised componentry on specific ranges within the portfolio by 2025.
- We will generate 10% of revenues from circular solutions by 2030.
SOCIAL IMPACT & PATIENT SAFETY
- We will grow our installed base of calibrated weighing devices to Service Providers and healthcare professionals by a minimum of 5% each year.
- In 2023 we will start work with the Malnutrition Action Group together with the Charitable organisation British Association for Parenteral and Enteral Nutrition (BAPEN) and the British Dietetic Association (BDA) to co-operate on Research and communications.
- We will launch a connected proposition in 2023 to support the avoidance of transcription errors to support the delivery of safe care.
- We will launch our Weight Matters campaign in 2023 to build strong awareness and participation in matters relating to relevant physical health topics, and advanced sectoral understanding of what makes for good health.
- By 1H 2024 we will produce evidence to support the difference our unique innovations make to the care given to people in hospital and at home and how this optimises their nutritional status and longer-term health.
- In 2024 we will facilitate all employees to partake in volunteering for up to two working days per annum.
DIVERSITY, EQUALITY & INCLUSION
- We will offer support for individuals affected by the challenging economic climate and external factors by 2023 and will continue to provide tools and resources to help our employees manage their physical, mental, and financial health.
- Employee incentives will be re-evaluated to augment adoption of ESG and embed our values in 2024.
- We will work towards an Investors in People accreditation by the end of 2025.
- We will actively seek to maintain a balance of genders, ages, ethnicity, religious background, and sexual orientations within the workforce.
- We will support the needs of our workforce through training and development.
SUPPLY CHAIN MANAGEMENT
- Our aim is to directly control 25% of our supply chain in our operations by 2030.
- We will implement the Global Compliance Distributor Toolkit into our Supply Chain to build an effective Compliance Programme. This includes the creation of a supporting Code of Conduct and Compliance Guidelines.
- We will have 100% Compliance with the Modern Slavery Act 2015 and incorporate BS 25700 as a guidance standard in our business (The British Standards Institution 2022) before the end of 2024.
- We will obtain ISO13485 accreditation before the end of 2024.
- Before the end of 2024, we will ensure suppliers comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business by, for example: - Incorporating social responsibility and environmental criteria in its supplier selection and management processes. The Global Supplier Standards, for instance, have been included in purchase order terms and conditions as well as certain supplier agreements. - Requiring suppliers to adhere to all applicable laws relating to labour, environmental, health/safety and ethics, and by way of example and without limitation, Marsden’s Code of Conduct, Global Human Rights and Labour Standards Policy.
- By 1H 2025, we will invest in further initiatives to safeguard against modern slavery including on-site modern slavery audits and factory checks, Modern Slavery Assessment Tool (MSAT) usage, and provision of victim support.
- We will screen suppliers and supply chain partners in accordance with a Due Diligence checklist outlined by the Global Distributor Toolkit and in accordance with ESG criteria aiming for 100% compliance by 2025.
- We will align with the International Labour Organisation on the topics of: - International labour standards and human rights - Forced labour, modern slavery and human trafficking.