Baxter Sustainability Report Highlights Success in 2014
Baxter’s 2014 Sustainability Report, available at baxter.com/sustainability-report, highlights the significant progress towards 2015 goals, and recent actions taken by the company that align with its nine sustainability priorities, which include strengthening access to healthcare, creating an inclusive workplace and enhancing math and science education. Priorities also include a range of environmental initiatives such as reducing greenhouse gas emissions, waste generation, and water use. Baxter’s Sustainability Report is aligned with the Global Reporting Initiative G3 Guidelines, which provide a uniform and transparent set of metrics to systematically report on sustainability initiatives and results.
“Baxter’s accomplishments and aspirations as a corporate citizen depend on our sustainability as a business,” said Robert L. Parkinson, Jr., Baxter’s chairman and chief executive officer. “As a healthcare industry leader, we must constantly advance and innovate to create lasting social, environmental and economic value for the communities we serve worldwide.”
The company’s wide-ranging 2014 highlights include its proactive, strategic approach to product donations. This approach ensured that Baxter products were among the first shipments to arrive in Sierra Leone and Liberia to assist with medical needs surrounding the Ebola outbreak in 2014, and more recently in Nepal to assist medical professionals in response to the earthquake that struck in April 2015. Baxter works primarily with its humanitarian aid partners, AmeriCares and Direct Relief, to pre-position products for emergencies as well as ongoing needs in underserved communities. This approach to product donations improves the efficiency and effectiveness of the process and facilitates timely, targeted support to communities in need as well as enhances the ability of our partner organizations to plan and respond to emergencies.
Additionally, Baxter has reduced its net greenhouse gas emissions (GHG) from operations by 8 percent on an absolute basis since 2005, a 41 percent reduction when indexed to revenue during that time period. The company’s approach to managing and reducing GHG emissions from operations includes a matrix of 18 strategies including a robust energy management program, switching to lower-carbon fuels, cogeneration of electricity and heat, installation of onsite renewable energy systems, procurement of electricity generated from 100 percent renewable power and building high-performance green buildings. For example, Baxter’s Grosotto, Italy, facility switched from using fuel oil to renewable biomass from local wood sawdust and scrap wood chips to generate steam for the manufacturing process; and its Cuernavaca, Mexico, facility is now using lower carbon natural gas rather than fuel oil in its boilers.