PITTSBURGH, May 30, 2023
/PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global
healthcare company, today announced that it has been named to
USA Today's
inaugural list of America's Climate Leaders 2023 for companies
that have demonstrated the greatest reduction in emissions
intensity. The list was compiled by USA Today and market research company
Statista, the world-leading statistics portal and industry ranking
provider.
To be considered for America's Climate Leaders 2023, a company
must be headquartered in the U.S. with revenues of at least
$50 million in 2021. Additionally,
businesses must have made significant progress in reducing
greenhouse gas (GHG) emissions intensity in their own operations,
referred to as Scope 1 and 2 emissions, and were transparent in
reporting these emissions.
"We are pleased to be recognized by USA Today as one of America's Climate
Leaders. Our work to reduce the effects of climate change helps
improve the health of those we serve, builds resilience in our
operations and protects the communities where we live and work,"
said Lina Andersson, Head of
Corporate Social Responsibility, Viatris. "This accolade is a
testament to the leadership and execution of our Operations and
Environmental, Health and Safety (EHS) teams in particular, whose
dedication ensures we are continuously advancing sustainable access
and responsible practices and operations around the globe."
Viatris committed to reducing absolute Scope 1 and 2 GHG
emissions by 42% by 2030 and to reduce absolute Scope 3 GHG
emissions by 25%. The company also obtained validation of its GHG
emissions targets from the Science Based Targets initiative (SBTi),
which classified its targets as aligned with the Paris Agreement's
goal of limiting global warming to 1.5°C of preindustrial levels.
The company's emission reduction strategy features three parts:
increasing renewable electricity use, enhancing operational
efficiencies, and using upgraded equipment and alternative
fuels.
Viatris' Global EHS Policies, including the Global Environmental
Stewardship Policy, the Global Climate Change Policy, the Global
Water Policy and the Global Health and Safety Policy, make up
Viatris' EHS Management System, which consists of Viatris' 13 EHS
Principles. The policies and principles apply to all Viatris global
operations and every level of the organization.
Viatris is dedicated to transparent annual reporting on
environmental, social and governance matters, continuously working
to further enhance its disclosures. Visit Viatris' 2022
Sustainability Report to view more information.
Being named to USA
Today's list of America's Climate Leaders 2023 follows
previous accolades for Viatris, including on Forbes'
list of World's Best Employers 2022, Fortune's Change
the World list, Newsweek's America's Most
Responsible Companies 2022 list, a Great Place to Work®
certification in India,
Capital Magazine's Best Employers in France list, and HR Asia's Best Companies to Work for in
Asia (Taiwan), among others.
Methodology
Statista compiled a list of several
thousand American companies and invited them via email to submit
their emissions and revenue data via a website created by Statista
and USA Today. The application
phase ran from November 28, 2022, to
January 15, 2023. In addition,
Statista scrutinized publicly available data on approximately 2,000
American companies. The main sources of data are financial and
non-financial reports as well as CDP's database. Following the
research phase, a second survey was sent to all relevant companies
to give them the opportunity to validate their data. To ensure that
the data is comparable, only emissions reported following the
emissions categories of the Greenhouse Gas Protocol (Scopes 1, 2
and 3) were considered. As there is a high degree of freedom for
reporting Scope 3 emissions, these were not considered when
calculating the reduction in emissions intensity. If location-based
and market-based values have been reported for Scope 2 emissions in
both years, then the market-based calculation was used in the
analysis (as it reflects the choices a company has made regarding
its electricity suppliers). Otherwise, the location-based values
were used for both years.
About Viatris
Viatris Inc. (NASDAQ:
VTRS) is a global healthcare company empowering people worldwide to
live healthier at every stage of life. We provide access to
medicines, advance sustainable operations, develop innovative
solutions and leverage our collective expertise to connect more
people to more products and services through our one-of-a-kind
Global Healthcare Gateway®. Formed in November 2020, Viatris brings together
scientific, manufacturing and distribution expertise with proven
regulatory, medical, and commercial capabilities to deliver
high-quality medicines to patients in more than 165 countries and
territories. Viatris' portfolio comprises more than 1,400 approved
molecules across a wide range of therapeutic areas, spanning both
non-communicable and infectious diseases, including globally
recognized brands, complex generic and branded medicines and a
variety of over-the-counter consumer products. With more than
38,000 colleagues globally, Viatris is headquartered in the U.S.,
with global centers in Pittsburgh,
Shanghai and Hyderabad, India. Learn more at viatris.com
and investor.viatris.com, and connect with us on Twitter at
@ViatrisInc, LinkedIn, Instagram and YouTube.
Forward-looking Statements
This press release
includes statements that constitute "forward-looking statements."
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Such forward
looking statements may include statements about our sustainability
goals and initiatives. Factors that could cause or contribute to
such differences include, but are not limited to: the possibility
that the Company may be unable to realize the intended benefits of,
or achieve the intended goals or outlooks with respect to, its
strategic initiatives; the possibility that the Company may be
unable to achieve expected benefits, synergies and operating
efficiencies in connection with acquisitions, divestitures, or its
global restructuring program, within the expected timeframe or at
all; impairment charges or other losses related to the divestiture
or sale of businesses or assets; the Company's failure to achieve
expected or targeted future financial and operating performance and
results; the potential impact of public health outbreaks, epidemics
and pandemics, including the ongoing challenges and uncertainties
posed by COVID-19; actions and decisions of healthcare and
pharmaceutical regulators; changes in healthcare and pharmaceutical
laws and regulations in the U.S. and abroad; any regulatory, legal
or other impediments to Viatris' ability to bring new products to
market, including but not limited to "at-risk" launches; Viatris'
or its partners' ability to develop, manufacture, and commercialize
products; the scope, timing and outcome of any ongoing legal
proceedings, and the impact of any such proceedings; any
significant breach of data security or data privacy or disruptions
to our information technology systems; risks associated with
international operations; the ability to protect intellectual
property and preserve intellectual property rights; changes in
third-party relationships; the effect of any changes in Viatris' or
its partners' customer and supplier relationships and customer
purchasing patterns; the impacts of competition; changes in the
economic and financial conditions of Viatris or its partners;
uncertainties and matters beyond the control of management,
including general economic conditions, inflation and exchange
rates; failure to execute stock repurchases consistent with current
expectations; stock price volatility; and the other risks described
in Viatris' filings with the Securities and Exchange Commission
(SEC). Viatris routinely uses its website as a means of disclosing
material information to the public in a broad, non-exclusionary
manner for purposes of the SEC's Regulation Fair Disclosure (Reg
FD). Viatris undertakes no obligation to update these statements
for revisions or changes after the date of this release other than
as required by law.
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SOURCE Viatris Inc.