The largest value-driven life science park in Scandinavia that was awarded the Energy Transition Change Maker title at COP28, the United Nations Climate Change Conference held in 2023.
Medicon Village Group is the largest value-driven research park in Scandinavia, with a focus on life science. It offers a dynamic environment where world-class research, innovation, and social development meet to benefit people’s lives, health, and society.
Today, Medicon Village’s sustainability work includes developing an innovative energy system and coordinating purchases to reduce transport to and from the area. The group also has high ambitions to reduce its climate footprint by developing a sharing economy between the operations.
And it all started in 2021, when the group decided to embark on a sustainable journey and chose Vati of Sweden to guide them through the impacts, risks, and opportunities to be encountered. From the definition of its value chain and the identification of all the stakeholders affected to the definition of priorities and the structuring of their action plan, Vati of Sweden has been instrumental in facilitating Medicon Village’s sustainability strategy development. As a result, the innovation park is working systematically with five SDGs identified as being particularly important and where the group can make a positive contribution in the coming years.
But the journey did not end there. In May 2023, Medicon Village was verified according to ISO 26000 and the Sustainable Development Goals (SIS TS2:2021). Thus, it became the first science park in Sweden to achieve this ESG verification, setting a groundbreaking precedent for others to follow.
The Medicon Village group considers and actively works with the principles of social responsibility both internally with its employees and externally with customers, suppliers, and other prioritized interest organizations. For the group, social responsibility also means that all surplus goes back to research for human health, as stated in the verification issued by Verify Agency.
Following the verification expedition, Erik Jagesten, CEO at Medicon Village Fastighets AB, reaffirmed the importance of this endeavor: ”Sustainability is natural for us as a research park. And the ISO26000 verification is an important tool for us in our continued work with sustainability.”
This milestone marked a significant achievement and propelled the group towards their ambitious future goals of leading the way in sustainable innovation and inspiring a global movement. As a result, the group was awarded the Energy Transition Change Maker title at COP28, the United Nations Climate Change Conference held in the UAE. The innovative heating system, Medicon Village E.ON Ectogrid™ connects 15 commercial properties and several residential buildings with different heating and cooling needs, and it has drastically changed the research park’s energy consumption.
This year, 2024, Medicon Village’s ISO 26000 self-declaration has been re-verified. Their journey continues, and as Petter Hartman, CEO at Medicon Village Innovation AB, says, Medicon Village will continue finding new sustainable solutions for the future because ”it is a matter of innovation and wanting to see opportunities.”
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FIND OUT MORE ABOUT THE SUSTAINABILITY JOURNEY WITH VATI OF SWEDEN
