Avantor Commits to Setting Near-Term Emission
Reduction Targets in Support of Science Based Targets
initiative
RADNOR,
Pa., May 23, 2023 /PRNewswire/ -- Avantor, Inc.
(NYSE: AVTR), a leading global provider of mission-critical
products and services to customers in the life sciences, advanced
technologies and applied materials industries, today released its
2023 Sustainability Report, highlighting progress made in 2022
implementing environment, social & governance practices, in
alignment with the company's mission to set science in motion to
create a better world.
Building on the company's momentum to date in reducing
greenhouse gas emissions, Avantor has also committed to setting a
near-term company-wide emission reduction goal in line with climate
science that will be validated by the Science Based Targets
initiative (SBTi).
"At Avantor, mitigating our environmental impact is vitally
important to our mission of propelling science forward, and we look
forward to driving efforts to support sound climate science," said
Michael Stubblefield, President and
CEO at Avantor. "We are well on our way to exceed our 2025 goal of
a 15 percent reduction in Scope 1 and 2 greenhouse gas emissions
and are committed to expanding on this progress."
Avantor has made significant progress in the past year on its
four Science for Goodness sustainability pillars: People &
Culture, Innovation & Environment, Community Engagement, and
Governance & Integrity. Highlights from Avantor's 2023
Sustainability Report include:
Innovation & Environment: Reduced Scope 1 and 2
greenhouse gas emissions in 2022 by 3 percent, or 1,869 MTCO2e
compared to 2021. That's the equivalent of planting 31,000 tree
seedlings and growing them for ten years.1 Since 2019,
Avantor has reduced Scope 1 and 2 greenhouse gas emissions by over
12 percent.
People & Culture: The company achieved the 2022 goal
of increasing women in leadership positions, now at 36.1 percent,
and will continue building on this progress. In addition, Avantor
increased female applicants for leadership positions by 173 percent
and diverse candidates at all levels by 67 percent by implementing
enhancements in candidate sourcing.
Community Engagement: The Avantor Foundation
donated more than $1 million in
support of Science, Technology, Engineering and Math education,
healthcare access for those in need, and environmental stewardship.
These donations enabled healthcare services for more than 10,000
individuals and STEM education programs for more than 6,000
underserved high school students. The company also contributed more
than $1.3 million in products to
support education and disaster relief efforts.
Governance and Integrity: Introduced a global Responsible
Supplier Program with three commitments: measuring and improving
suppliers' sustainability performance; partnering with suppliers to
accelerate sustainability; and rewarding suppliers for exceptional
sustainability performance and collaboration.
About Avantor
Avantor®, a Fortune 500
company, is a leading global provider of mission-critical products
and services to customers in the biopharma, healthcare, education
& government, and advanced technologies & applied materials
industries. Our portfolio is used in virtually every stage of the
most important research, development and production activities in
the industries we serve. Our global footprint enables us to serve
more than 300,000 customer locations and gives us extensive access
to research laboratories and scientists in more than 180 countries.
We set science in motion to create a better world. For more
information, visit avantorsciences.com and find us on LinkedIn,
Twitter and Facebook.
Investor Relations Contact
Christina Jones
Vice President, Investor Relations
Avantor
805-617-5297
Christina.Jones@avantorsciences.com
Global Media Contact
Emily
Collins
Vice President, External Communications
Avantor
332-239-3910
Emily.Collins@avantorsciences.com
1 Impact calculated using U.S. EPA Greenhouse Gases
Equivalency Calculator.
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SOURCE Avantor and Financial News