Sustainability

Sustainability is our primary focus area
and it at the core of our business philosophy.

Sustainability at Noul

Since the founding of Noul, we have strived to mature into a company grounded in the philosophy of sustainability. As a global corporate citizen, we are committed to embrace social responsibility and sustainability in all of our business practices. Noul strives to uphold ethical and legal standards, maintain healthy partnerships with its stakeholders, and balance profit, people and the planet.

Noul Sustainability Circle

We are expanding our sustainability activities according to the Noul Sustainability Circle which contains three domains and three approaches.

Sustainability Action Area
  • Compliance
    We abide by laws and regulations.
  • Responsible Business Conduct
    We consider responsible business practices throughout our entire operations.
  • Social Value Creation
    We create social value throughout our business operations.
Sustainability Practice Approach
  • Corporate Citizenship
    Our identity is tied to our corporate citizenship.
  • Stakeholder Engagement
    We promote stakeholder communication and engagement.
  • Collaboration
    We pursue collaboration and collective impact.
  • Noul pursues sustainability from the bottom of its heart and our members care and practice sustainability values together. I hope the technology of Noul will enrich people's lives and allow more people to participate in society.

    Dennis Jeong , SW/AI Circle Leader
  • "Noul implemented sustainability in the medical device Quality Management System(QMS), with a ""Paperless QMS"". Distancing ourselves from the conventional practice of documenting related procedures and records with hard copies, we implemented an eco-friendly QMS with electronic documentation of quality documents and records."

    Luna Moon, QMS Manager
  • Noul has many members who are constantly mindful of our environmental impact and strive for consistent improvement in sustainability. We explore our role in the transition of the global healthcare system and ensure we deliver both social impact and business value.

    Chloe Lee, Malaria Product Owner
  • Sustainability indicates the direction of our work. Following this direction, thinking about the sustainability of business, people and the Earth, members of Noul can discover the meaning of their work.

    Danny Park, People Manager

Sustainability Progress

Sustainable Innovation in Products and Services

The innovation that Noul pursues in the development of products and services is aligned with sustainability values. Our approach to innovation is to minimize resource consumption in all diagnostic testing processes where Noul’s technology is used, and to remove distance and infrastructure barriers to enable more people to undergo professional testing.

Protecting the Planet

We believe that no business on Earth can be free from responsibility for environmental pollution and climate change. Noul recognizes the impact of corporate activities on the environment during the company's growth process. We intend to systematically and actively implement corresponding global ecosystem protection efforts and eco-friendly transition activities.

Responsible & Inclusive Workplace

Noul is creating a system and culture in which all members are respected and can practice the values of diversity, equity, and inclusion that the company aims for. In addition, we strive to become a company that considers social responsibility in the way individuals work and organizational decisions while communicating effectively with various stakeholders.

Compliance, Ethics and Risk management

Noul recognizes compliance with international norms, such as domestic and foreign laws and international standards, as the top requirement for legitimate management, and strives to establish a compliance system. Furthermore, we continue to strengthen our corporate ethics program and ESG risk management capabilities to meet the needs and expectations of higher stakeholders.

Find Noul's Sustainability Report Here

Business for SDGs

Our business objectives are directly related to the United Nations SDGs (Sustainable Development Goals)*.

Our work is focused on making timely and accurate diagnosis accessible to every person, especially for those who are socially and financially marginalized.

Noul seeks to address UN SDG 3 (Good Health and Well-being) through products such as miLab™. We focus on enhancing human health by contributing to the eradication of infectious and non-infectious diseases, which are considered as some of the biggest threats to global public health. Noul’s work in Malaria, one of the three deadliest infectious diseases in the world, is an example of such efforts.

As we grow, we seek to broaden our areas of influence to other direct and indirect goals beyond SDG goal 3.

*UN Sustainable Development Goals
a collection of 17 goals addressing global challenges we face, including those related to poverty, inequality, climate change, and peace and justice. SDGs call for collective action by the global community by 2030.

Business for Impact

Noul is a business seeking social impact. From the beginning, we have operated under a hybrid business model which integrates business values and social impact. We are working to develop various strategies and methods to scale social impact with the company’s growth.

Our goal is to drastically improve healthcare accessibility and systematically reform the diagnostic processes. In order to accurately monitor our impact, we are working to develop our own impact measurement & management standards grounded on our philosophy of sustainability

*Noul is a member of the Impact Alliance, a group of organizations aligned for collective impact.