Viatris 2022 Sustainability Report: Big Steps Toward a Smaller Footprint - Seite 2

Building Readiness via Climate Scenario Analysis

Building readiness and improvement where needed starts with information. Viatris concluded its climate scenario analysis in 2022 to re-assess and better understand our exposure to physical and economic risk drivers based on different climate change scenarios. With a global operational presence and supply chain, understanding how the exposure to climate-related events looks across geographies and to what extent locations are vulnerable to these impacts helps us understand our associated risks and opportunities. Using this information will help inform future business strategies. Our areas of focus have been protecting and enabling stable access to water, helping protect public water resources and maintaining operations during extreme weather events. The climate scenario analysis confirmed the relevance of these activities.

Renewable Electricity

A key strategy to achieve our GHG-reduction goal is to take advantage of cost-effective renewable electricity. The supply of renewable electricity and low-carbon fuels looks very different across the world, which informs our approach in different geographies. Examples of actions implemented across our sites includes the following:

• In 2022, the Hosur Injectables facility in India initiated a new power purchase agreement, enabling it to source 34% of its electricity requirements from renewable sources. Previously, the site used only electricity from the local grid.
• At API Unit 8 in India, 3,200 kWp ground-mounted solar panels were commissioned, which, along with a power purchase agreement, amounted to more than 13 million kWh of renewable electricity. That represents more than 25% of the total electricity consumed, an increase of renewable electricity by 8% since the prior year.
• Our Carole Park site in Australia, which produces oral solid doses, is in process of installing a 99 kW solar PV system. This is estimated to generate 158,000 kWh a year. The site anticipates expanding its solar capabilities.

Optimizing Operations

Continually working to make improvements, finding ways to be more efficient and optimizing processes and operations are key to reducing environmental impact overall and to reducing the impact on and from climate change. Viatris' sciencebased targets confirm and underscore the importance of this approach, which has always been a focus of our environmental standards and management system. Some examples from 2022 include: