For the fifth consecutive year AstraZeneca has been recognised for leadership in corporate sustainability by global environmental non-profit CDP, whose annual environmental disclosure and scoring process is widely recognised as the gold standard of corporate environmental transparency.
We are one of only a small number of companies to receive a place on both the prestigious ‘A List’ for tackling climate change, as well as acting to protect water security - and one of only three companies to achieve this double ‘A’ list recognition for five consecutive years.
Greenhouse gas reduction and water stewardship are two of our focus areas under the environmental protection pillar of our sustainability strategy. Through significant, demonstrable action on climate change and water security risks, we are leading on corporate environmental ambition and transparency, in line with our sustainability ambition and priorities.
During 2020, we have:
- Launched our industry-leading Ambition Zero Carbon strategy to be carbon zero across our global operations by 2025, and carbon negative across our entire value chain by 2030
- Achieved 100% renewable imported power across our global sites
- Established a new collaboration with World Wide Fund for Nature (WWF) Sweden, which will improve our understanding of water risks and site-level risk mitigation opportunities
- Reduced our water consumption by a further 2% compared to the same period in 2019
AstraZeneca is committed to being an integral part of a sustainable economic recovery from COVID-19 and to driving a more resilient approach for the healthcare industry. Environmental crises impact the health of communities around the world every day, so as a healthcare company the challenges brought about by the pandemic have increased, not reduced, the urgency of our environmental action. Recognition on the CDP A-list for climate and water for the fifth consecutive year is testament to our efforts to address the connection between the health of the planet and healthy people.
We extend our congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, and is even more impressive in this challenging year marked by COVID-19. The scale of the risk to businesses from climate change, deforestation and water insecurity is enormous, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net zero sustainable economy become a reality. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.
Over 5,800 businesses were scored in 2020 based on data submitted through CDP’s questionnaires using a detailed and independent methodology. Companies are allocated a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provided insufficient information are marked with an F.
The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
For more information on AstraZeneca’s commitment to Sustainability and Environmental Protection: https://www.astrazeneca.com/sustainability/environmental-protection.html
AstraZeneca’s ‘Ambition Zero Carbon’
AstraZeneca’s ‘Ambition Zero Carbon’ strategy, announced at the World Economic Forum in Davos in Switzerland on the 22 January 2020, commits to make AstraZeneca’s global operations responsible for zero emissions by 2025 and to be carbon negative across its entire value chain by 2030, bringing forward previous plans by more than a decade. The strategy accelerates the Company’s previous science-based targets, doubling energy productivity and using renewable energy for both power and heat, as well as switching to 100% electric vehicle fleet five years ahead of schedule.
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow @CDP to find out more.
The full methodology and criteria for the A List is available on CDP’s website at: https://www.cdp.net/en/companies/companies-scores