Noul Co., Ltd. has released its 2023-2024 Sustainability Report, providing a comprehensive overview of the company’s performance across economic, social, and environmental aspects. As a pioneer in the field of medical AI, Noul has been publishing these reports annually since 2020, demonstrating its commitment to transparency and stakeholder engagement. This year’s report features a dedicated “Management Interview” section, offering valuable insights into Noul’s 2023 achievements, future aspirations, and ESG commitment. The interview highlights the company’s “Noul 2.0” initiative, which focuses on market- and customer-centric management to drive tangible business outcomes in the global market.
Noul’s CEO emphasizes the company’s vision to positively impact the lives of one billion people through innovative diagnostic solutions. The report details the Five Sustainability Focus Areas established in 2023: Improvement in Access to Healthcare, Compliance, Ethics, and Risk Management, Sound and Sustainable Governance, Responsible and Inclusive Workplace, and Protecting the Planet.
Among these focus areas, Noul has made significant progress in improving access to healthcare. Its malaria diagnostic product, miLabTM MAL, was introduced in 19 countries in 2023, supplying 24,000 cartridges to low- and middle-income countries. The product achieved performance equal to or exceeding WHO-certified level 1 microscopists, demonstrating its effectiveness in combating malaria. Noul has also enhanced its blood testing (miLabTM BCM) and cervical cancer testing (miLabTM CER) products through AI and clinical improvements, optimizing their usability based on customer feedback.
The report outlines Noul’s Implementation Strategy, which details the sustainability stages and key actions aligned with the company’s growth phases from 2023 to 2027. The strategy emphasizes building sound governance, fulfilling social responsibilities, and protecting the environment while ensuring noticeable business growth. Noul’s Chief Sustainability Officer (CSO) highlights the company’s commitment to responsible relationships with stakeholders and a balanced consideration of economic, social, and environmental values.
Noul’s sustainability management performance and plans are regularly reported to the board through the annual sustainability report. The company actively engages in responsible communication with stakeholders, including customers, partners, investors, shareholders, employees, international organizations, and governments. The report can be accessed on Noul’s website (noul.com/en/sustainability) and the electronic disclosure system ‘DART’.
