Energy Efficiency, GHG Emissions, Industrial - May 22, 2024
Viatris Lowers Emissions by 3.7%
Viatris Inc., a global healthcare company, accomplished a 3.7% reduction of its Scope 1 and 2 GHG emissions compared to a baseline of 2020 from energy use and air emissions.
The company’s reduction targets for Scope 1, 2 and 3 GHG emissions have been approved and validated by the SBTi.
With supply reliability and transport efficiency as its primary objectives, Viatris believes its current strategy is on track to deliver on its reduction targets by 2030.
The company is working to reduce carbon emissions across its supply chain since it uses road, ocean and air to transport its products. Viatris is focusing on full truck loads and double stacking of pallets where possible and working with its freight partners to move from dedicated containers to sharing capacity with other companies to better utilize space across the industry.
In 2023, road and ocean represented 81% of Viatris's total transport. Since timely access to medicine is its priority, there are exceptions when speed is of the essence and air transport may be required, representing 19% of its transport in 2023. As part of protecting supply reliability and reducing GHG emissions, Viatris is looking into railway as another mode of transport.
Details were published in its 2023 Sustainability Report: Building Sustainable Access at Scale.
"This year's report delivers many examples of the important efforts occurring across Viatris and the collaboration required to supply high-quality medicines to approximately 1 billion patients annually," said Lara Ramsburg, Chief Corporate Affairs Officer of Viatris, in a statement. "Everyone at Viatris plays a part in building sustainable access to medicine, supporting healthcare systems and helping to advance our overall sustainability performance. Every day, no matter their roles or responsibilities, each team member performs essential work across multiple functions and geographies that collectively supports our progress. The knowledge that needs are great, and that our actions matter, is a powerful motivation."
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