The FINANCIAL — Pfizer announced that it has been commended by the Carbon Disclosure Project (CDP) for the actions it is taking to reduce emissions and mitigate the risks of climate change.
For the first time, CDP named Pfizer to its Carbon Performance Leadership Index (CPLI), which highlights those companies within the FTSE Global Equity Index Series (Global 500) and the S&P 500 Index that have demonstrated a strong approach to climate strategy and emissions reduction in their CDP responses, as Pfizer reported.
This year, Pfizer is ranked number two in the health care sector by the CDP for its carbon performance in the U.S. in the S&P 500, and number three in the health care sector in the Global 500.
“With more than 4,500 companies globally responding to CDP’s 2012 questionnaire, the fact that Pfizer falls within the top 10 percent of all responding companies in both the Global 500 and the S&P 500 Indices is something we are especially proud of,” says Tony Maddaluna, President, Pfizer Global Supply. “Since establishing our second greenhouse gas reduction goal in 2008, the company has completed more than 1,500 energy conservation and utility projects across the Pfizer enterprise. These efforts involved the implementation of energy- efficient technologies, the use of renewable technologies, and manufacturing improvements that have allowed us to reduce the energy consumed in all areas of our operations, from drug discovery and development through delivery to customers.”
Pfizer met its first greenhouse gas reduction goal in 2007 and is in the process of designing its third public goal.
Paul Simpson, chief executive officer of CDP, commented, “Companies in the Carbon Performance Leadership Index are demonstrating a clear commitment to manage their greenhouse gas emissions and take action on climate change. Organizations which work to reduce their emissions and integrate climate change issues into their business strategies have the potential for cost savings, revenue generating opportunities and, ultimately, a more resilient future.”
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