Viatris Inc.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Sustainable Access to Medicine
- Patient Outcomes and Contribution to Global Public Health
- Talent Management
- Employee Engagement
- Workplace Health and Safety
- Diversity and Inclusion
- Manufacturing and Distribution
- Supply Chain
- Regulatory Impact
- Climate Change and Energy
- Business Ethics
Environmental Achievements
- Increased recycling at Vega Baja, Puerto Rico site from 913 tons in 2020 to 985 tons in 2021 (85% of waste recycled)
- Recycled more than 2,400 mt of plastic waste across all India operations
- 10% reduction in GHG emissions at Vega Baja, Puerto Rico site (~4,280 mt CO2e)
- ~$500,000 saved on electricity costs at Vega Baja, Puerto Rico site in 2021 due to CHP system
Social Achievements
- Launched Semglee® (insulin glargine-yfgn) injection, the first interchangeable biosimilar product in the U.S.
- Expanded availability of Ogiviri® and Fulphilia® in South Africa, saving nearly $2 million USD
- Supplied more than 30,000 units of trastuzumab to the Philippines Department of Health for their Breast Cancer Medicines Access Program (BCMAP)
- Launched various mental health initiatives reaching 8 million people in 14 markets
- 98% of Viatris India employees vaccinated for COVID-19
Governance Achievements
- Established a solid foundation for future sustainability efforts, including company-wide goals in patient access, environment, and DE&I
- Continued to support colleagues during global restructuring initiative, providing severance pay, healthcare continuation, and outplacement services
- Implemented a common performance management process, with nearly 95% of employees completing evaluations
- Achieved 97% completion rate for Code of Business Conduct and Ethics training
Climate Goals & Targets
- Net zero emissions (aspirational)
- Reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030
- Reduce Scope 3 GHG emissions by 25% by 2030
- Achieve a 50% increase in the number of zero landfill locations by 2030
- Increase women’s representation in senior management globally to at least 35% by 2027
- Provide ARV therapy equivalent to 30 million patients (including >2 million children) by 2025
- Impact 100 million patients via HCP education and outreach by 2025
- Engage at least 90% of employees globally on DE&I learning by 2023
- Perform water risk assessments for all locations in high/extremely high water risk areas by 2025
Environmental Challenges
- Ongoing COVID-19 pandemic and its impact on global supply chains
- Global health disparities and access to healthcare
- Increasing effects of climate change
- Drug shortages
- Global restructuring initiative
Mitigation Strategies
- Implemented social distancing measures, daily health assessments, and split shifts to protect employees
- Upholding high customer service levels via a reliable supply chain
- Developed a rapid response system to address supply chain disruptions
- Established company-wide goals to address ESG challenges
- Provided support to impacted employees during restructuring
Supply Chain Management
Supplier Audits: 612 GMP, 69 GCP, and 23 pharmacovigilance (PV) audits conducted in 2021
Responsible Procurement
- Supplier Code of Conduct
- EHS, labor, and ethics assessments
- Sustainability risk assessments based on PSCI principles
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Increased use of renewable energy
- Energy efficiency projects
Reporting Standards
Frameworks Used: GRI Standards: Core level, SASB standards for Biotechnology & Pharmaceuticals, TCFD, UNGC
Certifications: ISO 14001, ISO 45001, ISO 50001, British Safety Council 5-star rating (four sites in India)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 5 (Gender Equality)
- SDG 6 (Clean Water and Sanitation)
- SDG 8 (Decent Work and Economic Growth)
- SDG 10 (Reduced Inequalities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 17 (Partnerships for the Goals)
Viatris' initiatives contribute to these goals through access to medicine, sustainable operations, community engagement, and employee well-being programs
Sustainable Products & Innovation
- Semglee® (interchangeable biosimilar)
- CB12 mouthwash bottles made from 100% recycled plastic
Awards & Recognition
- Fortune’s Change the World list
- Newsweek’s America’s Most Responsible Companies list
- Forbes’ World’s Best Employers list
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Access and Global Health
- Diversity, Equity and Inclusion (DEI)
- Environment
Environmental Achievements
- Science Based Target initiative (SBTi) independently assessed and approved near-term science-based greenhouse gas emissions reduction targets to cut scope 1 and 2 emissions by 42% by 2030 and scope 3 emissions by 25% by 2030.
- Reduced water withdrawal by almost 7% in 2022.
- Sent 35,700 metric tons of waste to waste-to-energy facilities for use as an alternative fuel source; 75% of this came from our API facilities located in India.
Social Achievements
- 89% participation in Viatris’ first-ever Voice Survey.
- Donated more than 450 million doses of medicines for humanitarian needs through our partners around the world.
- Donated a total of $1 million to aid in supporting access to healthcare, food security and water stewardship in communities around the world.
Governance Achievements
- Viatris’ Board of Directors oversees management’s efforts with respect to corporate environmental and social responsibility matters through its Risk Oversight Committee.
- Established Viatris’ Supplier Code of Conduct.
- Enhanced compliance training modules covering Anti-Corruption, Fair Competition and the Code of Business Conduct and Ethics.
Climate Goals & Targets
- Reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year.
- Reduce absolute scope 3 GHG emissions by 25% by 2030 from a 2020 base year.
- Increase women’s representation in senior management globally to at least 35% by the end of 2027.
- At least double Black representation in all management levels in the U.S. by the end of 2027.
- At least double Hispanic/Latinx representation in senior management in the U.S. by the end of 2027.
- Achieve a 50% increase in the number of zero landfill locations by 2030.
- Provide ARV therapy equivalent to a total of 30 million patients, including more than 2 million children living with HIV/AIDS, between 2022 and the end of 2025.
- Engage at least 90% of employees globally on diversity, equity and inclusion (DEI) learning by the end of 2023.
- Impact 100 million patients via healthcare professional (HCP) education and outreach by the end of 2025.
Environmental Challenges
- COVID-19 pandemic impacts on healthcare systems and access.
- Global inflation and economic uncertainty.
- War in Ukraine creating urgent needs and supply chain disruptions.
- Antimicrobial resistance (AMR).
Mitigation Strategies
- Provided widespread and cost-efficient access to remdesivir and molnupiravir.
- Maintained adequate stocks of needed medicines.
- Provided cost-of-living payment to more than 10,000 colleagues.
- Participated in AMR Industry Alliance (AMRIA) initiatives.
- Implemented AMRIA Common Antibiotic Manufacturing Standard.
Supply Chain Management
Supplier Audits: 777 GMP audits, 69 GCP audits, 13 pharmacovigilance (PV) audits
Responsible Procurement
- Supplier Code of Conduct
- PSCI principles
- Sustainable sourcing practices
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Increased use of renewable energy
- Energy efficiency projects
Reporting Standards
Frameworks Used: GRI Standards, SASB standards for Biotechnology & Pharmaceuticals, TCFD, UNGC
Certifications: ISO 14001, ISO 45001, ISO 50001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 3 (Good Health and Well-being)
- Goal 6 (Clean Water and Sanitation)
- Goal 8 (Decent Work and Economic Growth)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 17 (Partnerships for the Goals)
Initiatives contributing to SDGs described throughout the report.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Forbes’ World’s Best Employers
- Top Employer Institute awards
- Great Place to Work™
- Heart to Heart International’s Gary B. Morsch Humanitarian Award
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Access and Global Health
- Our People
- Environment
- Community
- Governance and Ethical Practices
Environmental Achievements
- Named to USA Today’s inaugural list of America’s Climate Leaders 2023 for companies that have demonstrated the greatest reduction in emissions intensity
- 3.7% reduction of scope 1 and 2 emissions compared to 2020 baseline
- Thirteen sites achieved zero-waste landfill status in 2023
Social Achievements
- Supplied high-quality medicines to approximately 1 billion patients around the world
- More than 24,000 individuals have an NCD Academy account, representing approximately 60.5 million patients impacted to date.
- 97% of colleagues participated in DEI learning by the end of 2023
- Launched Viatris’ global wellbeing program for all colleagues
Governance Achievements
- Viatris is a signatory to the United Nations Global Compact (UNGC)
- The Global Sustainability function operates as a center of excellence within the Corporate Affairs leadership team.
- Completed our second full cycle of talent review and succession planning
Climate Goals & Targets
- Reduce absolute scope 1 and 2 GHG emissions 42% by 2030
- Reduce absolute scope 3 GHG emissions by 25% by 2030
- Achieve a 50% increase in the number of zero landfill locations by 2030
- Provide antiretroviral (ARV) therapy equivalent to a total of 30 million patients, including more than 2 million children living with HIV/AIDS, between 2022 and the end of 2025
- Impact 100 million patients via HCP education and outreach by the end of 2025
- Perform water risk assessments for all locations in high or extremely high water stress areas by 2025
Environmental Challenges
- Growing impact of climate change on the environment and human health
- Global progress on SDGs is going slow, has stalled or in some areas reversed across many of the goal areas.
- Growing gap in supply and demand for healthcare workers
- Continued emergence of antimicrobial resistance (AMR)
Mitigation Strategies
- Implementing technologies, processes and systems to minimize environmental impact
- Investing in and engaging in HCP outreach and education
- Launched Elevate, our new wellbeing program for all colleagues
- Working with partners across regions to strengthen mental health outreach and care
- Compliance with AMRIA’s Antibiotic Manufacturing Standard
Supply Chain Management
Supplier Audits: 30 supplier assessments completed since 2022
Responsible Procurement
- Viatris’ Supplier Code of Conduct
- PSCI principles
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes
- Extreme heat
- Flooding
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Increasing renewable energy usage
- Implementing energy-efficiency projects
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: ISO 14001, ISO 50001, ISO 45001
Third-party Assurance: Third-party assurance for GHG emissions data in progress; 2022 CDP Climate Change and Water Security Programs were verified by an external party
UN Sustainable Development Goals
- 3
- 4
- 5
- 6
- 7
- 12
- 13
- 17
Viatris' initiatives contribute to these goals through its work in access to medicine, healthcare worker empowerment, environmental stewardship, community engagement, and responsible business practices.
Sustainable Products & Innovation
- Breyna™ Inhalation Aerosol
Awards & Recognition
- TIME’s World’s Best Companies 2023
- Forbes List of World’s Best Employers 2023
- USA Today’s America Climate Leader list 2023