GLOBAL PHARMACEUTICAL LEADER SETS SIGHT ON SUSTAINABLE FUTURE FOR THE SECTOR BY SETTING CHALLENGING SBTI NET ZERO TARGET - Seite 2

The company has set itself a goal of net-zero greenhouse gas (GHG) emissions by 2030, which is aligned with science-based targets that support the United Nations Climate Change Paris Agreement to limit global warming to well below 2°C above pre-industrial levels and to pursue efforts to limit warming to 1.5°C.  Pharmanovia's Net-Zero goals have been validated by the Science-Based Target Initiative (SBTi).

James Burt, CEO, Pharmanovia said: "We are proud of the progress made in the last year despite headwinds faced due to global challenges and geopolitical complexity. Today's set of environmental targets, including our landmark pledge to transition from air freight to sea freight, demonstrate our commitment to establishing novel routes for the industry to reach net zero. The innovative pilot not only delivered benefits in terms of carbon, but in waste and cost reduction, too.

"Our purpose is to improve the lives of patients globally, which is why setting meaningful targets to reduce our environmental impact is critical, to build a sustainable future for patients and the sector. We look forward to working with our partners within our supply chain to ensure we are all held to the most rigorous of environmental standards." 

Neeshe Williams, Head of ESG and General Counsel, Pharmanovia said: "A report from PwC's Health Research Institute highlighted that just 12% of ESG targets set by pharmaceutical companies relate to environmental initiatives, showing an increased focus is needed. At Pharmanovia, we believe deeply in addressing the climate impact of our own business as well as the partners we work with. All employees have been assigned individual ESG targets as part of their performance review, to reinforce ESG is something we do, not just talk about, and encourage them to apply a sustainable lens to the work they do."

About Pharmanovia
Pharmanovia is a global lifecycle management healthcare company. Our mission is to revitalise iconic medicines for the benefit of patients, prescribers and payors, and utilise our capabilities to launch novel therapies.

With a diverse and growing team in over 160 countries across the globe, we deliver high-quality solutions, ethically and sustainably, across our four core therapeutic areas – Oncology, Endocrinology, Neurology and Cardiovascular.

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