Commercial, Energy Efficiency, GHG Emissions - May 26, 2023
Eli Lilly Accelerates Actions to Achieve 100% Renewable Energy
Eli Lilly and Company (Lilly), a pharmaceutical company, announced its ambitious sustainability goals and initiatives, and affirmed its commitment to creating a resilient and patient-centric business with a positive impact on the environment.
The company reported reducing GHG in its operations by more than 20% from 2020 to 2022, even as it experienced business growth. The company is striving to become carbon neutral by 2030.
"Since Lilly was founded nearly 150 years ago, we've aimed to have a positive impact on patients, communities, and the environment," said Lilly's Head of ESG, James Greffet, in a statement. "Sustainability is critical to our resiliency as a business and is integrated into how we fulfill our purpose of creating medicines that make life better for people. Lilly has plans to introduce several additional potential medicines in 2023 and our sustainability strategy provides a foundation for us to continue to deliver on our commitment to patients around the globe.”
Lilly launched a three-pronged strategy to fulfill its 2030 goals, which include reducing its emissions by making its operations more efficient, replacing carbon-intensive energy sources with low-carbon alternatives, and offsetting remaining emissions using third-party verified carbon reduction projects.
Lilly plans to source 100% of its purchased electricity from renewables. Accomplishments include 2,200 MWh of renewable electricity generated through the activation of on-site solar, 63,700 MWh generated through the purchase of renewable energy from utility providers, and 29,800 MWh generated through the purchase of Renewable Energy Certificates (RECs).
The company is also accelerating energy efficiency at its facilities by incorporating Leadership in Energy and Environmental Design (LEED) principles, using advanced energy monitoring and control solutions, conducting energy assessments, and participating in forums that explore energy management best practices and support policy development.
Highlights were provided in the company's ESG report.
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