Climate Change Data

Amgen Inc.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:155,000 MT CO2Eq
Renewable Energy Share:79%
Total Energy Consumption:3,193,000 GJ
Water Consumption:2,238,000 CM
Waste Generated:10,289 MT

ESG Focus Areas

  • Environmental Sustainability
  • Diversity, Inclusion & Belonging
  • Access to Medicines
  • Health Equity
  • Corporate Governance
  • Business Ethics
  • Ethical Research
  • Patient Safety & Product Quality
  • Cybersecurity & Data Privacy
  • Responsible Sourcing
  • Community Investment
  • Human Capital Management

Environmental Achievements

  • Achieved 79% renewable energy share in total electricity consumption (up from 41% in 2020)
  • Reduced carbon emissions by 36% from 2020
  • Exceeded goals for carbon, water, and waste reductions in 2021
  • Announced aspiration to achieve net-zero carbon emissions in operations by 2027, along with 40% reduction in water use and 75% reduction in waste disposed
  • Issued its first-ever green bond, raising $750 million to support environmental sustainability aspirations

Social Achievements

  • Provided approximately $2.2 billion of Amgen medicines at no cost to uninsured or underinsured patients in the U.S.
  • Provided 900,000 daily doses of medicines at no cost in over 20 low- and middle-income countries
  • Amgen Foundation supported science education programs reaching over 27 million students and educators worldwide
  • Amgen Foundation provided $3 million to support racial and social justice initiatives
  • Continued efforts to improve workforce diversity
  • Provided additional mental health resources to support employees
  • Increased ERG membership by 41%
  • Launched a mentoring program for high-performing women of color

Governance Achievements

  • Diverse and independent Board of Directors
  • Included ESG performance in Company goals under annual incentive compensation plan
  • Zero Class 1 or 2 product recalls
  • 100% of employees trained on the Code of Conduct

Climate Goals & Targets

Short-term Goals:
  • Achieve carbon neutrality for Amgen-owned and operated facilities and operations by 2027
  • Reduce water consumption by 40% from a 2019 baseline by 2027
  • Reduce waste disposed by 75% from a 2019 baseline by 2027
  • Convert 30% of sales fleet vehicles to electric vehicles by 2027

Environmental Challenges

  • COVID-19 pandemic impacting employee health and safety, clinical trials, and supply chain
  • Underrepresentation of racial and ethnic minority patients in clinical trials
  • Barriers to access to medicines and healthcare
  • Climate change and its impact on lung health
  • Cybersecurity threats
Mitigation Strategies
  • Implemented additional safety measures at manufacturing and research sites
  • Provided additional mental health resources and flexible work arrangements
  • Supported clinical sites and ensured continued supply of medicines
  • Developed a dedicated COVID-19 vaccine internal webpage and education materials
  • Implemented a vaccination requirement for U.S. staff
  • Invested in programs to increase diversity and representation in clinical trials
  • Partnered with organizations to expand access to medicines and healthcare
  • Sponsored reports on the impact of COVID-19 on cancer diagnosis in Europe
  • Collaborated with organizations to address climate change and lung health
  • Implemented a robust enterprise-wide cybersecurity program

Supply Chain Management

Supplier Audits: ~70% of total supplier spend

Responsible Procurement
  • Supplier Code of Conduct
  • Supplier Sustainability Program
  • Participation in Pharmaceutical Supply Chain Initiative
  • Supplier diversity program

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: Biopharma Investor ESG Communications Guidance, SASB, TCFD, UN Global Compact, UN Sustainable Development Goals

UN Sustainable Development Goals

  • Goal 3: Good Health and Well-being
  • Goal 4: Quality Education
  • Goal 8: Decent Work and Economic Growth
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 13: Climate Action

Sustainable Products & Innovation

  • FleXBatch manufacturing technology

Awards & Recognition

  • Fortune World’s Best Workplaces (#8)
  • Newsweek’s America’s Most Responsible Companies
  • Barron’s 100 Most Sustainable Companies
  • Dow Jones Sustainability Indices World Index
  • Just 100 List
  • THQSE Silver Medal