DUBLIN, Ohio, Sept. 20, 2021
/PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced it
has established a goal to reduce Scope 1 and Scope 2 greenhouse gas
(GHG) emissions 50% by 2030.
"We deliver products and services to improve the lives of people
every day and our approach to doing business must help protect our
planet for future generations," said Mike
Kaufmann, CEO at Cardinal Health. "We're operating
sustainably and responsibly so we can care for our people and our
planet – today, and tomorrow."
Cardinal Health's announced Scope 1 and 2 targets align with
what the latest climate science deems necessary to meet the goals
of the Paris Agreement – limiting global warming to well-below 2°C
above pre-industrial levels and pursuing efforts to limit warming
to 1.5°C. Further, the company is assessing its Scope 3 emissions
and working towards validation of a comprehensive Scope 1, 2 and 3
science-based target by the Science-Based Targets initiative
(SBTi).
"As a global company, we can help create a healthier, more
sustainable world," said Sarah
Wills, Chief Corporate Affairs Officer at Cardinal Health.
"I'm proud of the significant steps Cardinal Health is taking in
setting and reporting on our enterprise GHG targets, as well as
reducing our impact on the environment."
FY21 Corporate Citizenship Report
This enterprise GHG
announcement is associated with the release of Cardinal Health's
annual Corporate Citizenship Report today, which highlights certain
of the company's ESG priorities and ongoing focus on creating a
diverse, inclusive workforce.
Additional FY21 environmental highlights include:
- In 2021, Cardinal Health also announced it will use renewable
energy to fully power its global headquarters and its National
Logistics Center in Central Ohio,
beginning in early 2022. Cardinal Health was one of Central Ohio's three founding partners of
Smart Columbus Energy, an initiative of Smart
Columbus designed to support the decarbonization of large
businesses in the region, which pools customers' energy demands and
allows procurement energy from Ohio-based wind and solar projects.
- Continued expansion of the company's Total Waste Management
(TWM) initiative, previously initiated in FY20 to simplify and
standardize waste management. In FY21, Cardinal Health extended TWM
throughout its pharmaceutical distribution, specialty and global
logistics businesses, and as a result:
-
- Increased landfill avoidance by 750 tons – about as much
as four locomotives.
- Increased use of Waste-to-Energy, generating 412k kWh, enough to fuel 39 homes for a
year.
- Published a report using the recommendations of the Task Force
on Climate-related Financial Disclosures (TCFD) as a guide. Read
the Cardinal Health TCFD report here.
Representation goals for 2030
As previously announced, Cardinal Health has set goals of
increasing leadership representation of women and racial and ethnic
populations among its workforce by 2030:
- Globally, increased representation of women at
the manager level and above to 48% (up from
40%).
- In the U.S., increased representation of African
American and Black employees at the manager level and
above to 11% (up from 5%).
- In the U.S., increased representation of Asian, Latinx,
Indigenous and all other ethnically diverse groups at the
manager level and above to 23% (up from 17%).
Cardinal Health is continually refining its recruiting,
development, succession planning and retention practices to ensure
equitable access and opportunity. For more information on these
Diversity, Equity and Inclusion (DE&I) goals, click
here.
Download the full Corporate Citizenship Report and learn more
about Cardinal Health's corporate citizenship efforts here.
About Cardinal Health
Cardinal Health is a distributor
of pharmaceuticals, a global manufacturer and distributor of
medical and laboratory products, and a provider of performance and
data solutions for healthcare facilities. With 50 years in
business, operations in more than 35 countries and approximately
44,000 employees globally, Cardinal Health is essential to care.
Information about Cardinal Health is available
at cardinalhealth.com.
Contacts
Media: Erich
Timmerman, erich.timmerman@cardinalhealth.com and (847)
887-1487
Investors: Kevin
Moran, kevin.moran@cardinalhealth.com and (614)
757-7942
Cautions Concerning Forward-Looking Statements
This
new release contains forward-looking statements addressing
expectations, prospects, estimates and other matters with respect
to our environmental, social and governance (ESG) related actions
and initiatives that are dependent on future events or
developments. These statements may be identified by words
such as "expect," "anticipate," "aim," "intend," "plan," "believe,"
"will," "should," "could," "would," "positioned," "project,"
"continue," "likely," "commit to" or other words or expressions of
similar meaning, although not all forward-looking statements
contain such terms. Actual results may differ materially from
those projected, anticipated or implied in forward-looking
statements due to a variety of factors, including the risks and
uncertainties described in our Form 10-K, Form 10-Q and Form 8-K
reports and exhibits to those reports. Forward-looking statements
in this report may include, without limitation, statements
regarding: (i) strategies for implementing ESG-related programs and
related plans, targets, and goals; (ii) commitments to
climate-related programs and policies; (iii) expectations and
priorities for ESG-related initiatives; and (iv) future ESG
reporting. This release reflects management's views as of
September 20, 2021. Except to the extent required by
applicable law, we undertake no obligation to update or revise any
forward-looking statement. Forward-looking statements are
aspirational and not guarantees or promises that goals, targets, or
projections will be met, and no assurance can be given that any
commitment, expectation, initiative, or plan in this report can or
will be achieved or completed. Investors are cautioned not to
place undue reliance on any forward-looking statements.
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SOURCE Cardinal Health