AstraZeneca reports progress against Ambition Zero Carbon strategy, including accelerating delivery of renewable energy targets and investing $100m in natural resource reduction

AstraZeneca-Sustainability-Zero-Carbon-.mp4

22 September 2020 0900 BST

AstraZeneca has accelerated delivery of its renewable power sourcing targets, achieving 100% supply of certified renewable imported power across all its sites worldwide, five years ahead of its original RE100 (renewable energy) commitments, which form part of the Ambition Zero Carbon strategy along with switching to electric vehicles (EV100) and increasing energy productivity (EP100). Globally, the Company uses power from three sources: imported from electricity grid (86% in 2019), on-site solar PV (1%), and on-site combined heat and power (CHP) plants (13%). Work continues to identify renewable fuels for CHP by 2025, as part of the Company’s clean heat strategy and Ambition Zero Carbon commitments, as well as increasing capacity through power purchase agreements (PPAs) and investing in more on-site renewable energy, to achieve additional improvements.

In support of its clean heat objectives, AstraZeneca has also today joined the Renewable Thermal Collaborative, the leading coalition for organisations committed to decarbonising the energy required for heat in buildings and industrial processes. Head of Environmental Protection at AstraZeneca, Professor Jason Snape said; “Natural gas remains the predominant source of heating for business and industry in many countries, but the availability of zero carbon alternatives is still limited and is not meeting the growing industrial demand. By joining the Renewable Thermal Collaborative we aim to drive a clean heat strategy that addresses the role renewable electricity plays alongside other alternative low-carbon technologies such as green gas, hydrogen and fuel cells, and to drive private and public sector partnership to ensure that infrastructure and investment are available to meet AstraZeneca’s ambitious climate targets.”

In addition, the Company has made progress on implementation of its ‘AZ Forest’ programme, a 50-million tree reforestation initiative rolling out through to 2025, today launching a major project to grow 25 million trees across Australia - one of the largest-ever privately funded restoration projects in the country. Establishing 25 million biodiverse and locally appropriate trees - in locations that support threatened species and habitat connectivity - will capture approximately 4.25 million tonnes of carbon dioxide over a 25-year period, equivalent to the emissions produced by 920,000 cars running for an entire year.

Furthermore, the company will have invested $100m in its natural resources reduction programme by the end of 2020, enabling the Company to reduce GHG emissions from operations by a third and water consumption by 20% since 2015, despite significant business growth.

The Ambition Zero Carbon strategy significantly accelerated a plan developed in 2015 to reduce AstraZeneca’s greenhouse gas (GHG) footprint, including setting targets to achieve zero carbon by 2025 in its operations and to become carbon negative across its value chain by 2030. As a member of The Climate Group’s RE100, EV100 and EP100 initiatives, the Company committed to reducing total energy consumption by 10% and doubling energy productivity compared with 2015, converting 100% of its energy consumption to renewable sources for both power and heat, and switching to an 100% electric fleet in five years’ time.

Katarina Ageborg, Executive Vice President, Sustainability and Chief Compliance Officer; President, AstraZeneca AB, said: “The climate crisis continues to impact the health of communities around the world, so the emergence of COVID-19 has increased, not reduced, the urgency of action on climate. We recognise the positive contribution to health system resilience that this will make, including by reducing the prevalence of respiratory conditions that directly impact on patients’ ability to combat the virus. The science is clear; we cannot wait. The Earth’s climate is now changing faster than at any point in history, primarily as a result of human activities. We must work together across sectors and governments to build back better and address the connection between the health of the planet and healthy people.”

Helen Clarkson, CEO, the Climate Group said, "Congratulations to AstraZeneca on rapidly transitioning to renewable electricity and for committing to renewable heat. Climate Week NYC is the time and place where the world gathers to showcase amazing climate action and discuss how to do more. AstraZeneca is leading the way and showing what is possible - influencing companies all over the world to follow in its footsteps."

 

 

The environment’s impact on health

The World Health Organization estimates that nearly 13 million people die each year from environmentally related health risks, including 7 million people from air pollution alone – now the second leading cause of NCD deaths worldwide, behind tobacco smoke.

 

AstraZeneca is Patron Sponsor of the United Nations (UN) led group “Health is Everyone’s Business,” as part of the Business Ambition for Climate and Health Action Platform, to accelerate ambitious climate action and explore what the climate-health connection means for business, in order to become a catalyst for country-level action to deliver on the Paris Agreement and the Sustainable Development Goals (SDGs).

 

ENDS

 

Sustainability at AstraZeneca

 

AstraZeneca’s sustainability approach focuses on three key pillars – access to healthcare, environmental protection and ethics and transparency. In January 2020 the company announced its ‘Ambition Zero Carbon’ strategy, committing to becoming carbon zero by 2025 and carbon negative across the entire value chain by 2030. The $1bn programme will include the launch of next-generation respiratory inhalers and a wide range of energy initiatives to reduce climate impact to zero. AstraZeneca has also committed to completing a 50-million tree reforestation plan and is one of only three companies worldwide to achieve double A Listing for Climate and Water Security from CDP for four consecutive years. Please visit astrazeneca.com/sustainability.