Commercial, Solar, Sourcing Renewables - July 31, 2024
Elanco Animal Health Boosts RE by 12%
Elanco Animal Health announced that it is sourcing 12% of its electricity from renewable sources, advancing the company toward its 2030 goal of 100% use.
The animal health products manufacturer also refreshed its Sustainability Accounting Standards Board (SASB) and Taskforce on Climate-related Financial Disclosure (TCFD) reports, as well as its extensive suite of issue briefs covering leading ESG topics and KPIs to reflect 2023 data.
Elanco released details in its 2023 Environmental, Social and Governance (ESG) Report, showcasing its dedication to the company's Healthy Purpose™ Pillars: Healthier Animals, Healthier People, Healthier Planet and Healthier Enterprise.
In 2023, Elanco refreshed its ESG materiality assessment in alignment with the GRI Standards, IFRS Sustainability Disclosure Standards and European Sustainability Reporting Standards (ESRS) as a foundation for alignment with emerging ESG reporting requirements around the world.
"As we celebrate our 70th anniversary, we're encouraged by the progress our global team has made to continue to raise the bar on our sustainability efforts. Our efforts are embedded across the business to reduce our footprint, increase the expectations of our supply chain, and deeply engage our people in our purpose, allowing us to mitigate some of the most material risks for our business," said Jeff Simmons, Elanco President and CEO, in a statement. "We also view sustainability as more than a risk mitigator, for Elanco, it's a competitive advantage, as we launch innovations that transform animal care for our customers and bring tools to help the environment. From the first treatment for parvovirus – one of the deadliest diseases in puppies – to pioneering new products and helping build marketplaces that support emissions reduction goals, our team members around the world are contributing to support healthier animals and a healthier, more sustainable world."
In 2023, Elanco helped U.S. dairy and beef customers avoid an estimated 2.3 million metric tons of GHG emissions (CO2e) through the use of Rumensin®. In total from 2020 to 2023, Elanco assisted customers with avoiding an estimated 9.5 million metric tons of emissions with Rumensin.
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