Zentiva’s Commitment to Sustainable Growth and Climate Action

Zentiva Celebrates Climate Targets Validated by SBTi

Zentiva is proud to announce a significant advancement in its sustainability journey following the official validation of its climate targets by the Science Based Targets initiative (SBTi).

Commitment to Sustainability

By setting both near-term and long-term net-zero greenhouse gas (GHG) reduction targets according to SBTi guidelines, Zentiva affirms its dedication to sustainability. This commitment also aligns with the European Union's objective of becoming the first climate-neutral continent by 2050.

Scientific and Strategic Integrity

Zentiva's targets are based on SBTi methodology, ensuring that corporate climate objectives coincide with the latest climate science and Paris Agreement goals. Unlike vague claims of carbon neutrality that may rely on offsets, SBTi emphasizes stringent emissions reduction, requiring companies to achieve a robust 90% reduction before managing residual emissions through carbon removals.

Overall Net-Zero Target

Zentiva is dedicated to achieving net-zero greenhouse gas emissions across its entire value chain by 2050.

Near-Term Targets

To solidify its commitment, Zentiva aims to lower its absolute scope 1 and 2 GHG emissions by 63% by 2034 from a 2021 base year while also reducing scope 3 GHG emissions by 63% by 2034 from a base year of 2024.

Long-Term Targets

Furthermore, Zentiva pledges to achieve a reduction of 90% in absolute scope 1 and 2 GHG emissions by 2050 from the 2021 base year. The commitment also includes a 90% reduction in scope 3 GHG emissions by 2050 from a base year of 2024.

Transparency and Credibility

The SBTi framework is globally recognized and offers a robust and scientific basis for corporate climate targets, ensuring transparency and credibility while aligning with global climate objectives.

Core Pillars of Sustainability

Zentiva’s Sustainability Strategy is founded upon three main pillars: People, Partners, and Planet. This strategy signifies a permanent commitment to responsible business practices and long-term value creation. Zentiva is dedicated to delivering health and wellbeing across generations while acknowledging its impact on society and the environment.

Responsible Operations

In line with its sustainability goals, Zentiva is actively working on reducing energy use, water consumption, and waste production in its facilities. The company also participates in biodiversity restoration projects, guided by effective governance practices.

A Message from Leadership

Ines Windisch, Head of Corporate Affairs & Sustainability at Zentiva, expressed, "We are proud that the SBTi has validated our climate targets. Europe is experiencing severe climate impacts, making climate action a critical necessity. Our strategy for decarbonization is essential as we translate ambition into actionable goals. Each effort contributes to a larger impact, and we are determined to make a difference across our operations and in our communities."

Sustainability Report

For a more in-depth understanding of Zentiva's Sustainability Strategy, targets, and achievements for the current business year, the latest Sustainability Report is available for review.

About Zentiva

Zentiva is devoted to enhancing health and wellbeing for all individuals, focusing on developing, producing, and delivering high-quality, affordable medicines to over 100 million people in more than 30 countries predominately in Europe. The company operates four wholly-owned manufacturing sites along with a vast network of partners to ensure a reliable supply chain. With over 5,000 employees, Zentiva is united in its commitment to serving the needs of those who rely on its medicines daily, backed by a robust growth strategy aimed at a sustainable future.

Frequently Asked Questions

What are Zentiva's validated climate targets?

Zentiva's climate targets focus on achieving net-zero greenhouse gas emissions across its value chain by 2050, with interim targets for significant emissions reductions by 2034.

How does Zentiva align with EU climate goals?

The company's targets align with the EU's ambition to become the first climate-neutral continent by promoting deep emissions cuts and sustainable practices.

What is the SBTi?

The Science Based Targets initiative (SBTi) provides a framework for companies to set greenhouse gas reduction targets grounded in climate science.

What is the significance of the 90% emissions reduction?

The 90% reduction represents a rigorous commitment to deep emissions cuts necessary for significant climate impact before using offsets for any remaining emissions.

How can I learn more about Zentiva's sustainability efforts?

Detailed information about Zentiva's sustainability strategy, milestones, and impacts can be found in their latest Sustainability Report available to the public.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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