- $7.7 million in corporate giving to support veterinary
professionals, access to veterinary care and disaster relief
- Continued progress toward colleague diversity aspirations,
including 45% of executive team being women
- Innovative solutions Performance Ranch™, BLOCKYARD™ and
CLARIFIDE® support cattle producers’ sustainability goals
- Reduced energy intensity in manufacturing and R&D by 14%,
exceeding goal and making progress on commitment to carbon
neutrality by 2030
Zoetis today published its 2021 Sustainability Progress Update
describing the company’s progress toward achieving its Driven to
Care long-term sustainability aspirations and continued disclosure
on environmental, social and governance (ESG) topics. The report
highlights the company’s journey to champion a healthier, more
sustainable future through specific actions that support
Communities, Animals and the Planet. These commitments build on
Zoetis’ purpose and help achieve the United Nations’ Sustainable
Development Goals (SDGs). Complementing the report is the company’s
ESG and SASB Index, which shares key ESG performance indicators,
including those identified by the Sustainability Accounting
Standards Board (SASB) for the healthcare – biotechnology and
pharmaceuticals industry.
“In our second year of reporting to our Driven to Care
aspirations and targets, we have made solid progress in our journey
toward healthier animals and a healthier world,” said Jeannette
Ferran Astorga, Executive Vice President, Corporate Affairs,
Communications and Sustainability at Zoetis and President of the
Zoetis Foundation. “I’m especially proud of how our colleagues
across the globe have driven our progress in caring for our
communities and customers through volunteering, developing
innovative solutions for products and packaging, and minimizing our
own carbon footprint.”
Communities – Care and Collaboration Zoetis invested $7.7
million in communities through corporate giving in 2021, with
activities focused on supporting veterinary professionals,
expanding access to animal care and providing animal care in
disaster relief. Specifically, the Zoetis Foundation provided
grants of $755,000 for scholarships in its first year, and Zoetis
provided an additional approximately $100,000 in corporate
contributions for scholarships to support over 450 veterinary
students. Additionally, Zoetis provided approximately $2.6 million
in monetary and in-kind donations to support over 119,000 pet
owners in need and $1.6 million in monetary and in-kind product
donations to care for over 721,000 animals impacted by natural
disasters.
Building on last year’s announcement of the Zoetis Foundation,
the company’s progress update provides metrics around grants
provided in 2021 and the establishment of its U.S. Matching Gifts
and Dollars for Doers programs. Last year, the Zoetis Foundation
committed $35 million over five years to advance opportunities for
veterinarians and farmers.
The report also highlights progress toward the company’s
diversity, equity and inclusion (DE&I) aspirations, including
45% of the executive team being women:
- +1% progress to increase representation of women at the
director level and above globally
- +0.4% progress to increase representation of Black colleagues
in the U.S.
- +2.5% progress to increase representation of people of color at
all levels in the U.S.
- +0.7% progress to increase representation of Latinx colleagues
in the U.S.
As part of ongoing efforts to support colleagues, the company
also disclosed that 92% of colleagues participated in DE&I
education offerings, and shared active numbers of colleagues in its
Colleague Resource Groups. Zoetis also included details of the
company’s sustainability governance structure, including board
oversight and working groups and reported on the company’s supplier
diversity program.
Animals - Innovation in Animal Health By focusing its
innovation expertise and partnerships on solving sustainability
challenges facing animals and people, Zoetis is committed to
helping achieve the SDGs including Zero Hunger and No Poverty. In
its progress update, Zoetis provides details of how products such
as Performance Ranch™, BLOCKYARD™ and CLARIFIDE® can help its
cattle customers meet their productivity and sustainability needs.
The report also includes an explanation of the company’s approach
to solutions for agricultural emissions.
Updated metrics are also included for the company’s African
Livestock Productivity and Health Advancement (A.L.P.H.A.)
initiative to support sustainable livestock health and production
in sub-Saharan Africa. In 2021, Zoetis trained 25,500 farmers,
veterinary professionals, distributors and lab personnel – 30% were
women – and treated 4.8 million cows and 121.6 million chickens in
the region.
Further highlighting the work of Zoetis’ Center for
Transboundary and Emerging Diseases (CTED), and earning Zoetis
recognition as one of Fast Company’s Most Innovative Companies in
2022, the report includes an update on donating more than 26,000
doses of the company’s COVID vaccine to zoos and sanctuaries in
more than a dozen countries, and supplying rabies vaccines to the
World Organization for Animal Health Rabies Vaccine Bank. The
progress report also describes the company’s collaborative approach
to promoting responsible use of antibiotics in Latin America and
southeast Asia and reducing animal testing through partnerships in
Brazil and the E.U.
Planet – the Drive to Protect our Planet In minimizing
the carbon footprint and improving environmental sustainability of
the company’s locations, Zoetis reported it reduced energy
intensity in its manufacturing and R&D locations by 14%,
exceeding its goal of 5% reduction by 2025. The company also
sourced 13.5% renewable electricity and 6.1% renewable energy in
2021 as progress toward its RE100 commitment to source 100%
renewable energy in its own operations by 2030 – which the company
accelerated by 20 years in January 2022. Additionally, the report
includes details about the company’s plans to achieve carbon
neutrality in its operations by 2030 by focusing on energy
efficiency and minimizing energy needs, purchasing renewable
electricity, electrifying its fleet, and offsetting the remaining
emissions. Zoetis reported a 10% reduction in Scope 1 emissions
intensity in its manufacturing and research and development
operations from 2020.
In re-thinking product packaging to further reduce the company’s
environmental footprint, in 2021 Zoetis developed internal
processes and policies to ensure new product packaging designs
consider environmental factors. The report highlights initiatives
in Australia, Canada, the E.U., New Zealand and the U.S. where
Zoetis’ colleagues reimagined product packaging, from replacing
virgin materials with recycled-content materials to creating
programs that divert packaging from landfills. Zoetis also joined
the Sustainable Packaging Coalition to collaborate on sustainable
packaging solutions that will benefit the company’s customers and
the environment.
For more detailed disclosure on the company’s ESG programs,
practices and policies, please see zoetis.com/sustainability or
download Zoetis’ 2021 Sustainability Progress Update and 2021 ESG
and SASB Index. Zoetis will continue to share updates on its
sustainability activities, including progress against its Driven to
Care goals, and report annually.
About Zoetis As the world’s leading animal health
company, Zoetis is driven by a singular purpose: to nurture our
world and humankind by advancing care for animals. After 70 years
innovating ways to predict, prevent, detect, and treat animal
illness, Zoetis continues to stand by those raising and caring for
animals worldwide, from livestock farmers to veterinarians and pet
owners. The company’s leading portfolio and pipeline of medicines,
vaccines, diagnostics and technologies make a difference in over
100 countries. A Fortune 500 company, Zoetis generated revenue of
$7.8 billion in 2021 with approximately 12,100 employees. For more,
visit www.zoetis.com.
DISCLOSURE NOTICES Forward-Looking
Statements: This press release, the 2021 Sustainability Progress
Update and 2021 ESG and SASB Index contain forward-looking
statements which reflect the current views of Zoetis with respect
to: our progress toward our Driven to Care aspirations; our
sustainability, energy and climate goals, targets and plans;
business plans or prospects; future operating or financial
performance; the plans and future work of the Zoetis Foundation,
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, 2021, 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.
© 2022 Zoetis Services LLC. All rights reserved.
ZTS-COR ZTS-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20220607006295/en/
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 Contact: Steve Frank 1-973-822-7141 (o)
steve.frank@zoetis.com
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