Trinity Life Sciences
Climate Impact & Sustainability Data (2020-06 to 2023)
Reporting Period: 2020-06 to 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
Environmental Achievements
- AstraZeneca partnered with My Green Lab to reduce environmental impact, including the lab’s Freezer Challenge, yielding over 1 million kWh/year in energy savings.
- Companies are aiming to reduce nonrenewable components within their products, devices, and packaging.
- Sanofi's EVolutive Facilities in France digitalized and “greened” vaccine and biological manufacturing, aiming for carbon neutrality.
- Companies implemented a “SMASH Packaging” strategy, optimizing resources and using sustainable materials that maximize recycling potential.
- Merck’s products generate fewer emissions than competitors due to less packaging & energy needs.
- Philips’s EcoDesign initiative focuses on device energy efficiency, raw materials use, and recyclability.
- Reductions in packaging size and weight have yielded fewer carbon emissions.
- Allergan realized EUR 1.63 billion in savings in 2022 due to differences in cold chain handling and packaging needs compared to Merz's Xeomin®.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Pharma generates >50% more emissions per dollar of revenue than the automotive industry.
- Pharma manufacturing is water-intensive and generates significant levels of wastewater.
- Limited recyclability of pharmaceutical products, producing >100,000 tons of trash globally annually.
- Sector emissions projected to grow by 3x by 2050 if unchecked.
Mitigation Strategies
- Initiatives focusing on water use, raw materials sourcing, and waste generation across the R&D process, product manufacturing, and packaging/disposal decisions.
- Targeted elimination of PVC in packaging by 2025 and plastic neutrality by 2030.
- Commitments of 100% renewable energy sourced by 2030.
Supply Chain Management
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used:
Certifications:
UN Sustainable Development Goals
- Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed