Climate Change Data

Cencora, Inc.

Climate Impact & Sustainability Data (2020, 2022-10 to 2023-09)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:107,655 tCO2e/year
Scope 1 Emissions:33,361.3 tCO2e/year
Scope 2 Emissions:74,293.6 tCO2e/year
Scope 3 Emissions:25,777.72 tCO2e/year
Renewable Energy Share:>3% (global)
Total Energy Consumption:326,410 MWh/year
Water Consumption:1,048,713 m3/year (estimate)
Waste Generated:20,964 tons/year
Carbon Intensity:0.0000005669

ESG Focus Areas

  • Purpose-driven team members
  • Resilient & sustainable operations
  • Healthy communities for all

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 10.5% from FY19

Social Achievements

  • Conducted a comprehensive situation assessment and created a new long-term diversity and inclusion strategy
  • Awarded a perfect score of 100 percent on the Human Rights Campaign’s Corporate Equality Index for the third consecutive year
  • Rolled out myCommunityImpact to all global team members

Governance Achievements

  • Renamed the Governance and Nominating Board committee to the Governance, Sustainability, and Corporate Responsibility Committee

Climate Goals & Targets

Short-term Goals:
  • Reduce Scope 1 & 2 emissions by 5% by end of FY22 from a FY19 baseline

Environmental Challenges

  • Supply chain disruptions due to COVID-19
  • Unexpected delays in renewable energy projects due to COVID-19
Mitigation Strategies
  • Navigated new ways of working together and employed innovative thinking to meet client and patient needs
  • Continued to assess opportunities to perform energy or re-/retro-commissioning audits at our facilities

Supply Chain Management

Responsible Procurement
  • Supplier Statement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Heatwaves
  • Hurricanes

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB, TCFD, WEF Stakeholder Capitalism Metrics, UN SDGs

Certifications: ISO 9001, ISO 14001

UN Sustainable Development Goals

  • 2
  • 3
  • 5
  • 7
  • 10
  • 13
  • 17

See report for details on alignment with each SDG

Awards & Recognition

  • Human Rights Campaign’s Corporate Equality Index (perfect score)

Reporting Period: 2022-10 to 2023-09

Environmental Metrics

Total Carbon Emissions:196,204 tCO2e (Scope 1 & 2 market-based)
Scope 1 Emissions:108,712 tCO2e
Scope 2 Emissions:90,652 tCO2e (location-based), 87,492 tCO2e (market-based)
Scope 3 Emissions:25,878,873 tCO2e
Renewable Energy Share:18.3%
Total Energy Consumption:774,816 MWh
Water Consumption:1,854,365 m3 (estimate)
Waste Generated:26,614 tons
Carbon Intensity:0.0000007 MT CO2e/$ Revenue (Scope 1 & 2)

ESG Focus Areas

  • Purpose-driven team members
  • Resilient and sustainable operations
  • Healthy customers and communities

Environmental Achievements

  • Achieved a 70% waste diversion rate in FY23
  • Roughly 18.3% of electricity consumption came from renewable sources globally in FY23
  • Total Scope 1 and 2 emissions decreased by 1.6% from our FY19 base year

Social Achievements

  • Improved global team member turnover rate to 30% in FY23 (from 32% in FY22)
  • Hired more than 6,600 new team members in FY23, with 53% being women globally and 70% URPOC in the US.
  • Donated more than $6.9M to over 90 organizations through the Cencora Impact Foundation in FY23

Governance Achievements

  • Incorporated an ESG metric covering 10% of the annual bonus opportunity into our executive compensation program in FY23
  • 100% completion rate in the US for mandatory General Compliance Training & Code Acknowledgement and Global Anti-Bribery and Corruption Training in FY23
  • Received 0.7 compliance hotline reports per 100 employees in FY23, slightly below the industry median

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce absolute Scope 1 and 2 GHG emissions 54.6% by FY2032 from a FY2019 base year
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Challenges in implementing a consistent level of data governance and controls across the enterprise due to data availability, quality, and access challenges
  • Data limitations due to ongoing integration with recently acquired companies (Alliance Healthcare and PharmaLex)
  • Industry trends of volunteerism rates lower than pre-pandemic levels
Mitigation Strategies
  • Significant investments in an environmental sustainability data management system to centralize data management, increase visibility, and enhance stakeholder engagement
  • Phased approach to business continuity planning to handle potential disruptions from natural disasters
  • Promoting policies to support team member volunteerism, such as VTO and Volunteer/Board Service grants

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Engagement Statement
  • ESG programs and commitments screening in RFP process

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Extreme precipitation
  • Flooding
  • Severe wind events
  • Heat waves
Transition Risks
  • Supply chain disruptions
  • Raw material shortages
  • Increased costs
Opportunities
  • Energy management
  • Renewable energy program
  • Transportation efficiency
  • Fuel savings

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, SASB, TCFD, WEF Stakeholder Capitalism Metrics, UN SDGs, IOPA

Certifications: ISO 9001, ISO 14001, LEED Gold (Headquarters), BREEAM Very Good (Paris office), BiodiverCity (Meung sur Loire office), ISO/IEC 27001:2013, ISO/IEC 27701:2019, ISO/IEC 27017:2015, SOC2 Type 2

Third-party Assurance: Third-party limited assurance on select material topics

UN Sustainable Development Goals

  • SDG 2
  • SDG 3
  • SDG 5
  • SDG 7
  • SDG 10
  • SDG 13
  • SDG 17

Various initiatives contributing to these goals are described in the report

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed