The
journey
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40% intensity reduction in Scope 1 (direct) and Scope 2 (indirect) carbon emissions by 2030^1,2

100% renewable energy purchased by 2030

50% reduction in energy intensity by 2030³

¹ Compared to FY20 base. Normalized to revenue (per million dollars) to account for business expansion factors

² In 2022, we signed a commitment letter with the Science Based Targets initiative (SBTi) in line with climate science to keep global warming well below 1.5C. Within two years PCI will submit this target for review.

³ Normalized to revenue (per million dollars) to account for business expansion factors.

Definition of Science-Based Targets

Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures, as described in the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR5).

Recycle 100% of recyclable waste by 2030

50% reduction in waste sent to landfill by 2027 (90% by 2030)

33% reduction in non-hazardous waste intensity by 2030⁴

⁴ Normalized to revenue (per million dollars) to account for business expansion factors.

50% water intensity reduction by 2030⁵

⁵ Normalized to size (per square footage) to account for business expansion factors.

Ensure compliance and facilitate training on PCI’s Labor & Human Rights and Code of Ethics policies:

• 100% employees, contractors, consultants trained on Global Labor & Human Rights Policy by 2023
• 100% of employees, contractors, consultants trained on Global Code of Ethics & Business Conduct by 2023
• Zero Tolerance for business partners not in compliance with PCI’s Labor and Human Rights Policy

EHS Commitment Statement:

PCI aims to sustain a uniform and structured approach to EHS across all sites, whilst prioritizing the continued health and wellbeing of all employees, visitors, and contractors. A safe workplace is central to operational excellence, and this approach enables us to continue to provide life changing therapies to citizens around the world.

Global Lost Time Incident Rate Reduction Target:

• Achieve LTIR below the Pharma industry average by 2023
• Achieve LTIR equal to or below half of Pharma industry average by 2025

Employee Engagement:

• All sites to have active EH&S committees with employee involvement by 2023
• 50% of all employees engaged in monthly EH&S activities by 2030
• 75% of all employees engaged in monthly EH&S activities by 2035

Continuous improvement to cultivate a diverse workforce that matches communities in which we live and operate

• Leadership diversity (gender, ethnicity) matches workforce diversity by 2030
• 100% Affirmative Action Plan goals met or exceeded
• Achieve equal pay by closing minority & gender wage gaps

Every site and global corporate function to establish formal giving back strategy focused on year over year increase in employee participation and measurable community impact

Committed to Net-Zero Scope 3 value chain by 2045^6,7

100% renewable energy purchased by 2030

Ensure 100% supplier compliance with PCI Supplier Code of Conduct⁸

100% of preferred supplier network to publish their sustainability goals by 2027

80% of suppliers spend to achieve average bronze medal status (score of >=50) on EcoVadis platform by 2025

Increase % of spend with diverse suppliers year over year⁹

⁶ In 2022, we signed a commitment letter with the Science Based Targets initiative (SBTi) in line with climate science to keep global warming well below 1.5C. Within two years PCI will submit this target for review.

⁷ We’ve committed to the United Nations Race To Zero campaign and Business Ambition for 1.5°C, bringing business together to accelerate action to decarbonize the economy. 

⁸ Updated to integrate PCI’s ESG commitments

⁹ Applies to US sites