Henry Schein Joins the Business Ambition For 1.5⁰C Initiative
October 25 2021 - 6:30AM
Business Wire
Company Commits to Set a Science-Based
Target to Guide Pathway for Achieving Net-Zero Emissions by
2050
Henry Schein, Inc. (Nasdaq: HSIC), the world’s largest provider
of health care solutions to office-based dental and medical
practitioners, today announced that it has signed the Business
Ambition for 1.5⁰C Science Based Targets initiative (SBTi),
committing to set a long-term, science-based emissions reduction
target in order to reach net-zero global emissions by 2050.
The Business Ambition for 1.5°C campaign encourages companies to
set robust emissions reduction targets at the pace and scale
required by climate science. Endorsed by an unprecedented global
coalition of UN agencies, business groups, and industry leaders,
the campaign provides a coordinated net-zero pathway for corporate
climate leaders.
“Climate change is the most critical sustainability issue of our
time,” said Stanley M. Bergman, Chairman of the Board and Chief
Executive Officer of Henry Schein, Inc. “By signing the Business
Ambition for 1.5⁰C initiative, Henry Schein is joining corporate
leaders worldwide in strengthening and sharpening our approach to
measuring, monitoring, and reporting on carbon emissions and other
environmental impacts. To date, we are focusing on baselining our
distribution and transportation metrics in key markets in North
America, Europe, and Australia, the results of which will form the
basis for setting our science-based targets in the future, as
defined by the SBTi.
“We recognize that with our global environmental footprint and
unique position within an ecosystem of relationships with suppliers
and business partners, we are uniquely positioned to be a driving
force for sustainability in the health care supply chain,” said
Bergman. “As part of our climate transparency drive, we support the
World Economic Forum (WEF) proposal for companies to set a target
to achieve net-zero greenhouse gas (GHG) emissions by 2050 or
sooner, and we have joined WEF’s Alliance of CEO Climate Leaders to
help lead the global transition to a low-carbon, climate-resilient
economy.”
The Business Ambition for 1.5°C campaign is the world’s largest
and fastest-growing group of companies taking urgent action for a
1.5°C future. Since launching in 2019, more than 650 companies from
across the world have joined the campaign, with a combined market
capitalization of more than US$13 trillion. Companies committed to
Business Ambition for 1.5°C receive independent validation of their
targets from the SBTi and become part of the UN Climate Champions’
Race to Zero.
“There is no time to lose,” said Alberto Carrillo Pineda,
Managing Director of the Science Based Targets initiative. “The
transformation to a net-zero economy is unavoidable. Hundreds of
businesses are leading the way by setting ambitious 1.5°C
science-based targets. To stand a fighting chance of maintaining a
habitable planet, we urgently need more companies to act on climate
science and to decarbonize our economy.”
To learn more about Henry Schein’s environmental, social, and
governance (ESG) efforts and to view the Company’s 2020
Sustainability and CSR report, please visit
www.henryschein.com/corporatecitizenship. Additional information
about the SBTi and to see the business leaders taking action,
please visit
https://sciencebasedtargets.org/business-ambition-for-1-5c.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for
health care professionals powered by a network of people and
technology. With approximately 21,000 Team Schein Members
worldwide, the Company's network of trusted advisors provides more
than 1 million customers globally with more than 300 valued
solutions that help improve operational success and clinical
outcomes. Our Business, Clinical, Technology, and Supply Chain
solutions help office-based dental and medical practitioners work
more efficiently so they can provide quality care more effectively.
These solutions also support dental and medical laboratories,
government and institutional health care clinics, as well as other
alternate care sites.
Henry Schein operates through a centralized and automated
distribution network, with a selection of more than 120,000 branded
products and Henry Schein private-brand products in stock, as well
as more than 180,000 additional products available as special-order
items.
A FORTUNE 500 Company and a member of the S&P 500® index,
Henry Schein is headquartered in Melville, N.Y., and has operations
or affiliates in 32 countries and territories. The Company's sales
reached $10.1 billion in 2020, and have grown at a compound annual
rate of approximately 12 percent since Henry Schein became a public
company in 1995.
For more information, visit Henry Schein at www.henryschein.com,
Facebook.com/HenrySchein, Instagram.com/HenrySchein, and
Twitter.com/HenrySchein.
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version on businesswire.com: https://www.businesswire.com/news/home/20211025005238/en/
Ann Marie Gothard Vice President, Global Corporate Media
Relations Annmarie.gothard@henryschein.com (631) 390-8169
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