- Only stand-alone animal health company to align its
sustainability targets with United Nations’ Sustainable Development
Goals
- Commitments made to advance veterinary education and access to
care; invest in innovation to support sustainable livestock
farming
- Joins RE 100 with commitment to achieve 100% Renewable Energy
use by 2050
Zoetis Inc. (NYSE:ZTS) today announced its long-term
sustainability goals, which build on the company’s purpose to
nurture the world and humankind by advancing care for animals.
Under the banner Driven to Care, Zoetis brings to life its specific
commitments to Communities, Animals and the Planet, including
support of 10 of the 17 United Nations’ Sustainable Development
Goals (SDGs). With operations in 45 countries, Zoetis has the
global reach and capabilities to champion a healthier, more
sustainable future for all.
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“While purpose has been a driving factor for Zoetis throughout
our history, formalizing our goals and commitments integrates
sustainability as a core strategy alongside innovation in animal
health and supporting our customers. We are proud to unveil our
Driven to Care goals which we built with the input and feedback of
our Board of Directors and colleagues, as well as community and
industry organizations, retail partners, and our customers. We will
report on progress annually,” said Kristin Peck, Chief Executive
Officer of Zoetis.
Care and Collaborate in our Communities By supporting and
partnering with colleagues, communities and the people who raise
and care for animals, Zoetis commits to:
Zoetis’ Aspirations
Targets
Sustainable Development Goals
Support our communities
- Contribute 2,500 volunteer days (20,000 hours) annually
in the communities we serve
Support veterinary professionals
- Provide $1 million in scholarships to veterinary
students annually, focusing on underrepresented groups where
possible
- Provide access to professional programs for veterinarians in
all our markets
- No Poverty
- Decent Work and Economic Growth
Expand vet care access to underserved
populations
- Reach 30,000 people annually through charitable and
human-animal bond programs
- Good Health and Well-Being
Provide animal care in disaster relief
- Care for 225,000 animals in-need annually through
charitable programs
Create a sustainable governance
framework
- Integrate sustainability into all strategic planning and
resource allocation processes
- Establish an effective approach to external sustainability
disclosures
Support our Colleagues and cultivate a
safe, flexible, diverse and inclusive workplace
- Increase representation of women in senior management (Director
+) to 40% by 2025 across Zoetis
- Increase representation of people of
color at all levels in the U.S. to 25% by 2025
- 5% Black US coll. by 2025
- 6% Latinx US coll. by 2025
- Be a top 100 leader for workplace
inclusion in key focus areas (women, people of color, LGBTQ+)
- Commit to diverse slates and interview
panels as we hire for all positions
- Gender Equality
- Decent Work and Economic Growth
As part of the company’s aspirations to support colleagues and
cultivate a safe, flexible and diverse and inclusive workplace,
Zoetis recently announced it received a score of 100 percent on the
Human Rights Campaign Foundation’s 2021 Corporate Equality Index
(CEI), the nation’s foremost benchmarking survey and report
measuring corporate policies and practices related to LGBTQ
workplace equality.
Innovate in Animal Health The second pillar of Driven to
Care underscores how the company’s expertise in animal health will
help solve sustainability challenges facing animals and people.
With at least 75% of emerging infectious diseases having an animal
origin, including COVID-19, the important connection between animal
health and human health is more apparent than ever before. One of
the company’s targets is continually investing in its Center for
Transboundary and Emerging Diseases to develop vaccines for high
impact emerging diseases including Foot and Mouth Disease, African
Swine Fever and SARS-CoV-2.
Zoetis’ Aspirations
Targets
Sustainable Development Goals
Provide products and services that enable
productive and sustainable livestock farms that preserve animal
welfare
- Innovate around sustainability and drive adoption of key
sustainable animal health solutions
- Equip our customers with innovative products to support their
ambitious environmental, social and animal welfare goals
- No Poverty
- Zero Hunger
- Climate Action
- Life on Land
Promote a preventive approach to animal
health with positive implications on human health
- Promote responsible use of antibiotics through technical
education, introducing antibiotic alternatives and developing
diagnostic and digital tools
- Innovate around anti-microbial resistance to reduce the
dependency on antibiotic classes shared with human pharma
- Good Health and Well-Being
Grow access to vet care in emerging
markets
Through our A.L.P.H.A. initiative with
focus in Africa, by 2025 we will:
- Train 100,000 farmers, vet professionals and lab
technicians
- Increase women trainees to 50% of trainees
- Treat 10 million cows with positive implications on
smallholder livelihoods, food security and the environment
- Treat 200 million chickens with positive implications on
smallholder livelihoods, food security and the environment
- No Poverty
- Zero Hunger
- Good Health and Well-Being
- Gender Equality
- Partnerships for the Goals
Combat diseases that pose the greatest
risk to animals and humans
Leverage the Zoetis Center for
Transboundary and Emerging Diseases to develop vaccines for
high-impact emerging diseases globally to:
- Invest in R&D on emerging infectious diseases
(continued investment each year)
- Provide our innovative vaccines to all relevant markets
via tenders or other go-to-market pathways
- Zero Hunger
- Good Health and Well-Being
- Life on Land
To support our customers in their own environmental and social
goals, Zoetis recently joined The Sustainability Consortium to
focus on increasing supply chain transparency and sustainability
with U.S. pork producers. The company is also engaged with the
Global Roundtable for Sustainable Beef as well as the Dairy
Sustainability Framework to support collaboration among farmers,
ranchers, meat and dairy processors and food brands.
“We know that healthier animals create a healthier world,” said
Dr. Mike McFarland, DVM, Chief Medical Officer. “For livestock, we
know our customers already have made great strides in efficiency
and how they care for their animals and the land. To further help
livestock producers meet their sustainability goals and consumers’
expectations, we are committed to discovering, developing and
commercializing innovations that increase productivity, enhance
animal welfare, and help preserve and protect our environment.”
Protect our Planet Finally, in delivering products and
services that advance care for animals, the company commits to
stewarding resources responsibly and minimizing the direct impact
of its operations. Recently, Zoetis committed to sourcing 100%
renewable energy by 2050, demonstrated by its membership in RE100,
a global initiative to drive the transition to renewable
electricity. In addition, the company has committed to the
following environmental targets:
Zoetis’ Aspirations
Targets
Sustainable Development Goals
Minimize our carbon footprint
- Source 100% renewable energy by 2050
- Reduce energy intensity in manufacturing and R&D by
5% by 2025
- Rethink business travel and work-from-home policies to reduce
transportation-related emissions by 25%
Rethink our packaging to reduce its
environmental footprint
- Integrate sustainability considerations into all new
packaging designs
- Responsible Consumption and Production
Improve the sustainability in our
locations
- Stand-up “Location Sustainability” teams in major sites by the
end of 2021
- Responsible Consumption and Production
“Even as Zoetis grows to fulfill the needs of people who care
for animals, we are fully committed to continuing to reduce our
environmental footprint,” said Jeannette Ferran Astorga, Head of
Sustainability at Zoetis. “We have recently committed to 100%
renewable energy, and we continue to make improvements in our own
product packaging by integrating sustainability considerations into
all new packaging designs.”
Environmental, Social and Governance Baselines In
November 2020, Zoetis released the animal health industry’s first
stand-alone disclosure of key environmental, social and governance
performance indicators, including energy, waste and workforce
metrics, based on the Sustainability Accounting Standards Board
(SASB) and Taskforce on Climate-related Financial Disclosures
(TCFD), which are leading global sustainability frameworks. The
company will continue to transparently report on its sustainability
activities, including progress against its Driven to Care goals, in
sustainability report later this year followed by sustainability
reports each year.
About Zoetis Zoetis is the leading animal health
company, dedicated to supporting its customers and their businesses
in advancing care for animals. Building on more than 65 years of
experience in animal health, Zoetis discovers, develops,
manufactures and commercializes medicines, vaccines, diagnostics,
technologies and services, including biodevices, genetic tests and
precision livestock farming. Zoetis serves veterinarians, livestock
producers and people who raise and care for farm and companion
animals with sales of its products in more than 100 countries. In
2020, the company generated annual revenue of $6.7 billion with
approximately 11,300 employees. For more information, visit
www.zoetis.com.
DISCLOSURE NOTICES Forward-Looking
Statements: This press release contains forward-looking statements,
which reflect the current views of Zoetis with respect to: business
plans or prospects, ESG commitments, goals and aspirations, and
other future events. These statements are not guarantees of future
performance or actions. Forward-looking statements are subject to
risks and uncertainties. If one or more of these risks or
uncertainties materialize, or if management's underlying
assumptions prove to be incorrect, actual results may differ
materially from those contemplated by a forward-looking statement.
Forward-looking statements speak only as of the date on which they
are made. Zoetis expressly disclaims any obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. A further list and
description of risks, uncertainties and other matters can be found
in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2020, including in the sections thereof captioned
“Forward-Looking Statements and Factors That May Affect Future
Results” and “Item 1A. Risk Factors,” in our Quarterly Reports on
Form 10-Q and in our Current Reports on Form 8-K. These filings and
subsequent filings are available online at www.sec.gov,
www.zoetis.com, or on request from Zoetis.
All trademarks are the property of Zoetis Services LLC or a
related company or a licensor unless otherwise noted.
© 2021 Zoetis Services LLC. All rights reserved.
ZTS-COR ZTS-IR
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Media Contacts: Christina Lood
1-973-822-7249 (o) christina.lood@zoetis.com Bill Price
1-973-443-2742 (o) william.price@zoetis.com Investor Contacts: Steve Frank 1-973-822-7141 (o)
steve.frank@zoetis.com Keith Gaub 1-973-822-7154 (o)
keith.gaub@zoetis.com
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