#Sustainability #Zentiva #Czech Republic #Prague #GHG Reduction

Zentiva's Commitment to Climate Action

Zentiva has officially achieved a crucial milestone in its sustainability journey by securing recognition for its climate targets from the Science-Based Targets Initiative (SBTi). This validation highlights the company’s commitment to sound environmental practices and reinforces its strategy to tackle climate change in alignment with global standards.

Setting Ambitious Goals

In its pursuit of sustainability, Zentiva has outlined clear near-term and long-term goals aimed at reducing greenhouse gas (GHG) emissions significantly. These targets are aligned with the European Union's commitment to becoming the first climate-neutral continent by 2050. Zentiva has set an ambitious net-zero greenhouse gas emissions goal across its entire value chain to be achieved by 2050.

Near-Term Targets

• - Reduction of Scope 1 and 2 GHG emissions: A target reduction of 63% from 2021 levels by 2034.

• - Reduction of Scope 3 GHG emissions: Aiming for a 63% reduction from a 2024 baseline by 2034.

Long-Term Targets

• - Absolute Scope 1 and 2 emissions: Aiming for a 90% reduction by the year 2050.

• - Absolute Scope 3 emissions: Similarly, a target of 90% reduction by 2050 from the 2024 baseline.

These goals are not simply corporate jargon but a robust commitment grounded in the SBTi methodology, which emphasizes deep emissions reductions and transparency rather than relying on offsets to achieve carbon neutrality claims.

Holistic Approach to Sustainability

Zentiva’s sustainability strategy is structured around three pivotal pillars: People, Partners, and Planet. This approach underscores the company’s comprehensive commitment not only to environmental concerns but also to the well-being of the communities it operates within. By fostering responsible business practices, Zentiva aims to provide health and wellness for all generations, recognizing its responsibility to society and the environment.

The company’s sustainability framework extends beyond emissions reduction to include practical initiatives such as energy conservation, reduced water usage, waste minimization from its production processes, and the promotion of biodiversity through restoration projects. Moreover, strong governance underpins these efforts, ensuring accountability and progress.

Leadership Voice

Ines Windisch, Head of Corporate Affairs and Sustainability at Zentiva, commented on this significant milestone saying, "We are proud that the SBTi has validated our climate targets. Climate change is no longer a distant threat; it is a pressing reality that we must address through action. Our decarbonization strategy forms the cornerstone of our efforts to make a meaningful impact. We cannot mitigate climate change in isolation; every small step we take counts towards this global challenge."

Moving Forward

For those interested in learning more about Zentiva's sustainability initiatives, achievements, and strategic targets for the future, the latest Sustainability Report is available online, detailing the company's comprehensive efforts to reduce its environmental footprint. This notable progress reaffirms Zentiva’s resolve in contributing to a healthier future through sustainable operations.

About Zentiva

Zentiva is dedicated to ensuring health and well-being across generations. The company focuses on developing, manufacturing, and delivering high-quality healthcare solutions to over 100 million patients in more than 30 countries globally. With a robust workforce exceeding 5,000 individuals, Zentiva is a private equity-owned enterprise poised for sustainable growth, committed to its mission of providing affordable medicines without compromising on quality.