Amneal Pharmaceuticals, Inc.
Climate Impact & Sustainability Data (2017, 2020, 2021, 2022, 2023)
Reporting Period: 2017
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental Stewardship
- Social Responsibility
- Governance
Environmental Achievements
- Invested in a geothermal energy system at Brookhaven, NY facility, significantly reducing carbon emissions, water use, and electricity consumption.
- Implemented a Regenerative Thermal Oxidizer (RTO) at Brookhaven, NY facility to minimize emissions.
- Waste reduction program at Brookhaven, NY facility.
- Various initiatives at Glasgow, KY facility to reduce energy use (LED lights, electric equipment, smart battery technology), promote circular economy practices (recycling), and source low-carbon power.
Social Achievements
- Donated nearly 6 million doses of medicine to Dispensary of Hope in 2020.
- Launched SPARK (Stories of Parkinson’s) Program.
- Employee volunteerism with Parkinson & Movement Disorder Alliance (PMDA).
- Raised $50,000 for Americares’ COVID-19 relief efforts.
- National Corporate Sponsorship with Marine Toys for Tots.
- Supported COVID relief organizations in India.
- Installed three oxygen plants in Indian hospitals.
- Assisted Indian manufacturers in securing API for Remdesivir.
- School Support Program providing education to over 2,100 children in India.
- Niswarth Scholarship Program providing scholarships to over 30 students in India.
- Funding mobile health clinics in India, providing services to nearly 180,000 patients.
- Community environmental conservation efforts in India (rain roof harvesting systems, tree planting).
Governance Achievements
- Established an enterprise-wide Comprehensive Compliance Program (CCP).
- Adopted a Code of Conduct.
- Implemented an anti-corruption policy.
- Multifaceted speaking up program (Ethics & Compliance hotline).
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impact on employees and communities.
- Meeting global regulatory standards for pharmaceutical industry.
Mitigation Strategies
- Strategic task force to guide COVID-19 response.
- Implementation of health and safety protocols.
- Enhanced employee benefits.
- Remote/alternate work arrangements.
- Robust quality and safety programs to meet regulatory standards.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Best CSR Award for 2019 (County Tipperary Chamber of Commerce)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Stewardship
- Diversity, Equity and Inclusion
- Good Governance Practices
Environmental Achievements
- Reduced electric consumption by 976,257 kilowatt hours (kWh) per year at Brookhaven facility through geothermal energy system.
- Reduced operational expenses of the Brookhaven facility by 58% from 2020 by diverting purified water to an on-site leaching field.
- Initiated a project to remove unnecessary cardboard partitions from shipper boxes to reduce waste and storage space.
Social Achievements
- Launched AmWell, a personalized digital wellbeing program, with 34.8% of U.S. employees enrolled by year-end.
- Launched Amneal Leadership Lab program for 200 senior and mid-level leaders.
- Launched company-wide LinkedIn Learning platform.
- Recognized over 4,400 colleagues through Amneal Applause program.
- Launched global CEO Awards program.
Governance Achievements
- Enhanced cybersecurity programs by hiring a dedicated lead, implementing mandatory training, and developing an education portal.
- Operates an enterprise-wide Corporate Compliance Program with annual training for employees.
- Achieved NABP’s Verified-Accredited Wholesale Distributors® (VAWD®) Program accreditation.
Climate Goals & Targets
Environmental Challenges
- Global pandemic (COVID-19) and its impact on operations and workforce.
- Challenging labor market impacting talent acquisition.
- Supply chain disruptions.
Mitigation Strategies
- Strategic task force to manage COVID-19 response.
- Uniting TA capabilities and resources, gathering market intelligence, adjusting hiring practices, implementing flexible work policy, and offering sign-on bonuses.
- Proactive response to labor market challenges including increased recruitment advertising, university relationships, and optimized TA tools.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Affordability and accessibility of essential medicines
- Environmental responsibility
- Diversity, equity, inclusion, and belonging (DEIB)
- Good governance, ethics, and compliance
Environmental Achievements
- Created and convened a global Environmental Working Group
- Created an initial manual Greenhouse Gas (GHG) emissions inventory
- Initiated rollout of global health and safety system
- Recycled more than 21,200 pounds of cardboard and 23,000 pounds of shrink-wrap plastic
Social Achievements
- Saved patients over $10 billion in the U.S. with generic and biosimilars medicines
- Launched Amneal Listens employee engagement strategy
- Hosted first-ever global employee volunteering event focused on health and hygiene kit-making
- DEIB training for 200 senior managers
- Donated more than 20 million doses of medicines to U.S. patients in need
Governance Achievements
- Appointed a second female board member
- Completed a second board diversity survey
- Aligned Global Supplier Code of Conduct with the United Nations Guiding Principles
- Aligned 2022 ESG update with the Sustainability Accounting Standards Board (SASB)
Climate Goals & Targets
Medium-term Goals:
- Align environmental disclosures with the Task Force on Climate-Related Financial Disclosures (TCFD)
Short-term Goals:
- Quantify greenhouse gas emissions baseline (Scope 1 and 2)
Environmental Challenges
- Data collection gap in global carbon emissions
- Need to enhance gender diversity in India
Mitigation Strategies
- Selected a carbon accounting solution to systematize data collection, analysis, and goal setting
- Launching AmnealWomen ERG program and leadership diversity trainings to increase women in the global workforce
Supply Chain Management
Responsible Procurement
- Global Supplier Code of Conduct aligned with UN Guiding Principles
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN SDGs, SASB
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
Amneal's mission to improve health and well-being inherently aligns with the SDGs, primarily contributing to Goal 3.
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Product Quality & Patient Safety
- Access to Medicines
- Employee Well-being
- Environmental Sustainability
- Governance and Compliance
Environmental Achievements
- Recycled 66,000 pounds of plastic and cardboard, saving landfill space, trees, water, and electricity, and reducing greenhouse gas emissions by 131 metric tons of carbon dioxide.
- Transitioned from paper-based to digital medication guides, saving 43.5 tons of paper (equivalent of 3,600 trees).
Social Achievements
- Launched AmWell employee wellness program, providing access to digital applications for nutrition, financial, physical, and mental well-being.
- Expanded Employee Resource Groups (ERGs) AmnealWomen and launched AmnealEarth.
- Supported various community initiatives, including hygiene kit distribution, career guidance programs, and partnerships with non-profit organizations.
- Hired 1,689 new employees and offered 735 promotions.
Governance Achievements
- Refreshed Code of Business Conduct.
- Implemented a new GHG accounting software.
- Conducted a Materiality Assessment (results to be shared in next year's report).
Climate Goals & Targets
Environmental Challenges
- Accurately tracking and analyzing Scope 3 emissions.
Mitigation Strategies
- Planning to work on Scope 3 data tracking through 2024 and beyond.
Supply Chain Management
Responsible Procurement
- Quality agreements with all major suppliers; routine audits.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB (Biotechnology and Pharmaceuticals Standard), UN Sustainable Development Goals (SDGs)
Certifications: ISO 14001 (Environmental Management) and ISO 50001 (Energy Management) in Ireland
Sustainable Products & Innovation
- e-Med Guide initiative