MASHINIi

CONVATEC GROUP PLC.

CTEC.LSE | Manufacture of medical and dental instruments and supplies

Convatec Group PLC is a global medical products and technologies company focused on therapies for the management of chronic conditions. The company operates through four main divisions: Advanced Wound Care, Ostomy Care, Continence Care, and Infusion Care. Advanced Wound Care provides products for th...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons-10
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech20
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

Convatec's core business is dedicated to pioneering trusted medical solutions that improve the lives of people with chronic conditions, providing products and services that offer a measurable improvement in quality of life.

1
The company demonstrates exceptional ethical conduct in clinical trials, committing to international best practice standards, obtaining informed consent, submitting investigations to independent ethics committees, and registering all sponsored studies with results disclosed in accordance with international standards.
2
Convatec invests in healthcare education, pledging $250,000 to fund medical education with the Welsh Wound Innovation Centre, which has educated over 631 delegates from 12 countries, and aims to reach over 1 million lives through medical education by 2025.
3
The company supports the healthcare workforce by partnering with Partners In Health to train and deploy over 1,000 Community Health Workers.
4
Convatec has made significant contributions during global health crises, providing over $2 million in response to the war in Ukraine and supporting relief efforts for earthquakes in Turkey, Syria, and Japan.
5
The company maintains industry-leading risk transparency by registering all sponsored clinical studies on recognized databases and disclosing results per international standards.
6
Convatec has initiated an innovative pilot program in Lima, Peru, to improve care for people with chronic mental health disorders.
7
The company also ensures excellent healthcare data responsibility, requiring employees to adhere to data protection policies including HIPAA, GDPR, and CCPA, and to report any breaches.
8
However, Convatec currently uses substances of concern like PVC, PVdC, and phthalates in its devices, though it aims to reduce and avoid their use.
9
Furthermore, its health equity programs, such as the partnership with Partners In Health, are funded with $2 million, which represents 0.1% of its $2 billion 2022 revenue.
10

Fair Money & Economic Opportunity

0

Convatec Group PLC is a medical products and technologies company, not a financial institution. Its core business involves therapies for chronic conditions, and it does not lend, insure, move, or store money for consumers. Therefore, all Key Performance Indicators related to financial products, services, and their associated economic opportunities or risks are not applicable to Convatec Group PLC.

Fair Pay & Worker Respect

30

Convatec Group PLC reported a CEO to median employee pay ratio of 80:1 for the financial year ending December 31, 2023.

1
For Convatec Limited, as of April 5, 2024, women's median hourly pay was 1.2% higher than men's, meaning women earned £1.01 for every £1 that men earned.
2
The company is Living Wage accredited.
3
Convatec has a Human Rights and Labour Standards Policy, with over 1,300 employees completing related training in 2016.
4
It requires suppliers to comply with all applicable laws on working hours and employment rights, prohibiting discrimination, harassment, child labour, and forced labour.
5
The company operates a Compliance Helpline
6
and appointed a Modern Slavery Act officer.
7
Convatec is certified at Level 1 in the UK NHS Labour Standards Assurance System.
8

Fair Trade & Ethical Sourcing

0

Convatec reported no incidents of forced or child labor in its own operations or supply chain during 2022 and up to February 2026.

1
The company employs strong supplier-monitoring systems, utilizing third-party risk platforms for assessment and having processes in place for corrective actions following Sedex Members Ethical Trade Audits (SMETAs).
2
Convatec has a Supplier Diversity Program, requiring all vendors to disclose ownership and minority status, and submit diversity certificates annually.
3
Acceptance of Convatec's Third Party Compliance Manual is mandatory for all vendors, and ethical clauses are included in all new supplier agreements, being phased into existing agreements upon renewal.
4

Honest & Fair Business

-10

Convatec has a comprehensive whistleblower policy, offering multiple reporting channels including a Compliance Helpline and web link for employees and third parties.

1
Anonymous reporting is permitted where local law allows, and retaliation against employees who report truthful concerns is prohibited.
2
All employees are required to complete training on the Code of Ethics and Business Conduct.
3
The company also maintains an Anti-Bribery and Anti-Corruption Policy, committing to comply with relevant laws in all operating countries.
4
This policy prohibits kickbacks and bribes, requires written approval for arrangements with Government Officials or Healthcare Professionals, and holds Convatec responsible for the actions of third parties.
5
Due diligence and training are required for all Channel Partners and Third-Party Intermediaries.
6

Kind to Animals

0

No evidence available to assess CONVATEC GROUP PLC on Kind to Animals.

No War, No Weapons

-10

Convatec has a policy to not engage, directly or indirectly, in any business or transaction prohibited by country-specific Export Control Laws, including with persons or entities located in embargoed countries, governments of embargoed countries, blocked or excluded persons, sanction targets, or other restricted parties identified on government watch lists.

1
The company is a signatory and member of the United Nations Global Compact, aligning its strategies and operations with the Ten Principles.
2
Its Human Rights and Labour Standards Policy incorporates the UN Guiding Principles on Business and Human Rights.
3
Convatec also publishes independent assurance reports for its ESG disclosures.
4

Planet-Friendly Business

0

No evidence available to assess CONVATEC GROUP PLC on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess CONVATEC GROUP PLC on Respect for Cultures & Communities.

Safe & Smart Tech

20

Convatec demonstrates a strong commitment to data privacy and security. The company adheres to an extensive list of global privacy regulations, including GDPR, UK GDPR, CCPA, HIPAA, PIPEDA, POPIA, LGPD, PIPL, APPI, and numerous US state laws, indicating an exemplary compliance program.

1
Privacy is a core principle, with data protection "built into our products, activities, and practices" (privacy by design).
2
Convatec also practices data minimization, collecting and retaining personal information only as necessary, with deletion or anonymization when no longer required.
3
Users are granted comprehensive control over their data, including rights to access, correct, delete, transfer, restrict processing, object to automated decision-making, and withdraw consent.
4
For AI, Convatec has a formal policy to never use sensitive personal information in identifiable form for analytics and AI without prior consent, employing anonymization experts and rigorous internal protocols.
5
The company also proactively works to minimize bias in algorithms by recognizing different stoma types or skin colors.
6
No incidents of unauthorized data use have been documented. A data breach occurred on February 5, 2026, involving 1.8TB of data, but the number of affected users is not specified.
7

Zero Waste & Sustainable Products

-40

Convatec has implemented significant waste reduction initiatives, notably a flow wrap project that reduced packaging weight by almost 80% on all baseplates in its Ostomy Care portfolio, which is continuing to roll out in 2024.

1
This translates to a packaging-to-product ratio that is 70-80% below industry average for these products. The company has established science-based targets to reduce its Scope 3 emissions, which include waste, by 52% per sold product against a 2021 baseline by 2030, with these targets validated by Q4 2023.
2
Circular design principles are integrated into product development, with a Green Design Guidelines digital tool used to assess at least five new product launches by Q4 2023, and plans to incorporate carbon footprinting into new product design by Q4 2024.
3
Furthermore, Convatec requires suppliers covering 60% of its Category 1 Scope 3 emissions to commit to Science Based Targets by Q4 2026.
4

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.