AstraZeneca has been highlighted as a global leader on sustainable water management and recognised for actions and strategies to manage carbon and climate change across its supply chain by environmental impact not-for-profit organisation CDP. AstraZeneca achieved a place on the CDP Water Security A List and was ranked within the top 3% on the Supplier Engagement leader board. We were also recognised for our operational actions on climate. Currently awarded a B-listing, we are under re-evaluation upon further review from CDP for a potential upgrade to A-.
Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP for independent assessment against its scoring methodology. In 2018, companies were requested to do so by over 650 investors with over US$87 trillion in assets. Companies receive scores of A to D- for how effectively they are tackling climate change, deforestation and water security, while those that don’t disclose or provide insufficient information are marked with an F.
The Supplier Engagement leader board is released today in Cascading commitments: Driving upstream action through supply chain engagement, CDP’s Global Supply Chain Report 2019, written by CDP and Carbon Trust. The report reveals that with greenhouse gas (GHG) emissions in supply chains on average 5.5 times those of company’s direct operations, there has been a step-change in corporate awareness and action on environmental impacts within the supply chain in the last decade.
Katarina Ageborg, EVP Sustainability commented: “We have ambitious targets for our company in the area of environmental protection and it is fantastic to see our efforts externally recognised again this year by CDP. It is also very encouraging to get the recognition for driving action against climate change across our network of partners and suppliers – this is critically important to help make sure those we interact with are operating to high standards in terms of reducing climate impact. We have set our own science-based targets to reduce greenhouse gas (GHG) emissions, water consumption and waste globally by 2025. I’m proud that by focusing on these goals we are delivering tangible improvements which are helping AstraZeneca to protect our water, climate and natural resources.”
Our scientific approach to environmental sustainability reduces our environmental impact by protecting our air, land and water, reducing our dependence on natural resources and ensuring the environmental safety of our products. We have taken the position of industry leaders on the issue of pharmaceuticals in the environment. In 2018, 61% of our total electricity use was sourced or generated from renewable sources and we achieved an 8% reduction in our water use since 2015.
Paul Simpson, CEO of CDP, said: “Congratulations to all companies that made it onto CDP’s A List this year. As the severity of environmental risks to business becomes ever more apparent, these are the companies that are positioning themselves to provide solutions, seize new market opportunities and thrive in the transition to a sustainable economy. We need to urgently scale up environmental action at all levels in order to meet the goals of the Paris Agreement and the Sustainable Development Goals. It’s clear that the business world is an essential player in this transition and the A List companies are set to make a substantial contribution to those goals”.
The Water Security A List is published by CDP each year, alongside similar lists for leadership on climate change and protecting forests. The full list of companies that made this year’s CDP Water Security A List is available here, along with other public company scores: https://www.cdp.net/en/scores