AstraZeneca has been highlighted as one of only six companies worldwide to achieve double A Listing for Climate and Water Security for the third year running by environmental impact non-profit CDP. The company was also recognised as a world leader for supplier engagement on climate change.
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 and/or 115 major purchasing organizations with US$3.3 trillion in purchasing power. 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.
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. We have set ambitious, 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 were one of the first FTSE100 companies to set Science Based Targets and 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 Climate and Water Security A Lists are published by CDP each year. The full list of companies that made this year’s CDP A List is available here, along with other public company scores: https://www.cdp.net/en/scores.