As a company committed to applying science to confront the world’s greatest challenges, reducing greenhouse gas emissions is a strategic priority.
Our company purpose – “Breakthroughs that Change Patients’ Lives” – guides our environmental sustainability priorities. We’re passionate about protecting human health. That’s reflected in our environmental sustainability goals: climate action & sustainable medicines.
Bringing Breakthroughs that Change Patients’ Lives goes beyond breakthrough medicines. Climate change is impacting the health we protect and the patients we serve. It’s the challenge of our age, we need to act, and our customers and patients want us to act.
The window is closing to minimise the catastrophic effects of climate change - which we are already experiencing including severe weather and vector borne disease geographical shifts. Climate change adversely impacts health, and the healthcare system impacts the climate with 4-5% of Greenhouse Gas (GHG) emissions globally being attributed to the health system.1 While climate change impacts us all, historically, it is marginalised communities that are disproportionately impacted
What we are doing at Pfizer
All our futures depend on the environment. Here’s how we’re working to protect health through sustainability.
We developed a science-based climate action strategy and introduced our first greenhouse gas (GHG) reduction goals.
We met our first GHG reduction goal by decreasing our emissions by more than 35% adjusted to revenue. That was equivalent to a total reduction of 20%.
We achieved our second GHG reduction goal a year early (in 2011), by decreasing our emissions by more than 20% on an absolute basis.
We became the first company in the pharmaceutical sector to have our climate target validated by the Science Based Target initiative.
We exceeded our third generation GHG goal of a 20% reduction from our 2012 baseline, and delivered a 33% reduction. This means we have reduced our GHG emissions by more than 60% since 2001.
We announced our ambition to become carbon neutral by 2030 in our direct emissions and committed to new targets approved by the Science Based Targets Initiative. We signed the Business Ambition for 1.5 degrees.
We committed to reaching Net Zero by 2040 in response to the new voluntary Net Zero standard.6 Net Zero is the point at which the GHG emissions added to the atmosphere are no more than the amount removed.
Our 2030 targets
We have made bold commitments to:
Our Partnerships & Commitments
- Health Care Without Harm. Health Care's Climate Footprint Accessed June 2022
- United Nations. Sustainability. Accessed June 2022
- WHO. The True Death Toll of COVID-19. Accessed June 2022
- Nature. The burden of heat-related mortality attributable to recent human-induced climate change. Accessed June 2022
- McKinsey. Could climate become the weak link in your supply chain? Accessed June 2022
- Science Based Targets. The Net-Zero Standard Accessed June 2022