Zentiva Achieves Significant Progress in Climate Goals with Official SBTi Validation
Zentiva, a prominent player in the pharmaceutical industry, has taken a major leap forward in its commitment to sustainability. The company proudly announced that its climate goals have been officially validated by the Science Based Targets Initiative (SBTi). This validation represents a critical step in aligning Zentiva's strategies with global climate standards and science-based guidelines, reinforcing its dedication to combating climate change.
Aiming for Net Zero
The validated targets encompass an ambitious roadmap aimed at achieving net-zero greenhouse gas (GHG) emissions across the entire value chain by 2050. This is a crucial element in Zentiva's long-term strategy, marking its compliance with the European Union’s commitment to becoming the world's first climate-neutral continent by 2050. The SBTi's methodology ensures that corporate climate targets are grounded in the latest scientific understanding of climate change and the goals outlined in the Paris Agreement.
Short-Term Goals
Zentiva has set concrete short-term targets, aiming for a 63% reduction in absolute Scope 1 and 2 GHG emissions by 2034, starting from a 2021 baseline. The company also aims to achieve a 63% reduction in Scope 3 emissions by 2034, beginning in 2024. These significant cuts will focus on direct emissions and those resulting from the company’s operations and supply chain.
Long-Term Commitments
In the long run, Zentiva's targets include reducing its absolute Scope 1 and 2 GHG emissions by 90% by 2050 from the same 2021 baseline. For Scope 3 emissions, the target is an equally ambitious 90% reduction by 2050 with a starting point in 2024. This comprehensive strategy underscores Zentiva's unwavering commitment to sustainability, moving beyond mere claims of carbon neutrality to meaningful emissions reductions.
The Science-Based Targets Initiative
The SBTi is recognized globally as a robust framework for corporate climate objectives, ensuring transparency, credibility, and alignment with international climate goals. It demands that companies prioritize substantial emission reductions of up to 90% before relying on carbon removal solutions for any residual emissions. By adhering to this framework, Zentiva illustrates its commitment to responsible corporate citizenship and environmental stewardship.
A Holistic Approach to Sustainability
Zentiva’s sustainability strategy is built on three core pillars: People, Partners, and Planet. This commitment reflects a holistic approach to responsible business practices and long-term value creation. Zentiva’s mission to provide health and well-being across generations acknowledges the impact it has on society and the environment. The company is dedicated to operating responsibly by minimizing its environmental footprint and contributing to a healthier future.
In addition to reducing carbon emissions, Zentiva's sustainability initiatives extend to measurable reductions in energy and water consumption, waste generation during production, and biodiversity restoration projects. This comprehensive approach is underpinned by a robust governance framework that guides sustainability efforts across the organization.
Voices from Within
Ines Windisch, Head of Corporate Affairs and Sustainability at Zentiva, expressed her pride in the official validation from the SBTi. She highlighted the urgent reality of climate change in Europe and the necessity for decisive action: "The ambition alone will not cool the planet. We must translate ambition into action, and our decarbonization strategy is at the core of this. Thanks to the commitment of our team and partners, we can create a significant impact in our operations and communities. We cannot combat climate change alone; every small step counts, and we take pride in our achievements thus far."
Conclusion
For more in-depth information about Zentiva’s sustainability strategies, objectives, and achievements for the fiscal year 2024, readers can access the latest Sustainability Report available on
Zentiva’s website.
With its validation by the SBTi, Zentiva is not only taking responsibility for its future but also setting an inspiring example for the pharmaceutical industry and beyond.