Climate Change Data

Teva Pharmaceutical Industries Ltd

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:498,641 tCO2e/year (Scope 1 & 2 in 2022)
Renewable Energy Share:41% of total energy use (2022)
Water Consumption:1,338 ML/year (Areas projected to be in water stress in 2022)
Waste Generated:111,194 metric tons/year (2022)

ESG Focus Areas

  • Climate Action and Resilience
  • Responsible Use of Natural Resources
  • Effluents and Waste
  • Pharmaceuticals in the Environment
  • Access to Health and Medicines
  • Inclusion and Diversity
  • Talent Recruitment, Development and Retention
  • Employee Engagement
  • Employee Health, Safety and Well-being
  • Economic Impact
  • Human Rights
  • Ethics and Transparency in Clinical Trials
  • Corporate Governance
  • Compliance and Ethics
  • Responsible Lobbying
  • Sustainable Procurement
  • Quality Manufacturing and Patient Safety
  • Data Privacy and Security

Environmental Achievements

  • 24% reduction in absolute scope 1 and 2 GHG emissions (vs. 2019)
  • 12% reduction in absolute scope 3 GHG emissions (vs. 2020)
  • Achieved 10% increase in energy efficiency by revenue (kWh/USD revenue) by 2030 (vs. 2020)
  • Increased total proportion of electricity purchased or generated from renewable sources by 8% (vs. 2021) to 41%
  • Achieved 17% reduction in total water withdrawal in areas projected to be in water stress by 2030 (vs. 2020)
  • 32% reduction in total waste generated (vs. 2020) and 3% increase in proportion of waste recovered (vs. 2020)

Social Achievements

  • 5 access to medicines programs launched (63% of 8 access programs /2025 target)
  • 533.7M units (worth $699.6M) of medicines donated to patients in need
  • 90% of critical positions filled internally, 60% of which were filled by identified successors
  • $44B in savings from Teva’s generic medicines across 21 countries
  • 210 clinical trials conducted for generic and innovative medicines
  • 21 new regulatory submissions in low- and middle-income countries (LMICs) (28% of 75 submissions/2025 target)
  • 72.6 score on Bloomberg Gender-Equality Index (vs. 52.7 in 2021)
  • Improved employee safety performance: 50% reduction in process safety event rate (vs. 2021)
  • 80% reduction in total recordable incident rate over the last 10 years
  • 71% of employees feel engaged and connected to Teva
  • 82% employee satisfaction with Teva’s inclusion and diversity practices

Governance Achievements

  • 100% of employees trained on compliance policies
  • 50% of critical suppliers assessed on ESG performance (56% of 2025 goal)
  • 140+ strategic suppliers attended first ESG webinar
  • 12% of procurement spend in the US allocated to small and diverse businesses

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (implied)
Medium-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by 46% by 2030 (vs. 2019)
  • Reduce absolute scope 3 GHG emissions by 25% by 2030 (vs. 2020)
  • Increase total proportion of electricity purchased or generated from renewable sources to 50% by 2030
  • Reduce total water withdrawal by 10% in areas projected to be in water stress by 2030 (vs. 2020)
  • Launch eight access programs by 2025
Short-term Goals:
  • Reduce absolute scope 1 and 2 GHG emissions by 25% by 2025 (vs. 2019)
  • Train 100% of active employees on applicable Teva compliance policies by 2023
  • Assess 100% of critical suppliers on ESG performance by 2025

Environmental Challenges

  • Supply chain disruptions
  • Counterfeit medicines
  • Opioid crisis
  • AMR
  • Climate change impacts
  • Water stress in some operating areas
  • Maintaining ethical and compliant business practices
  • Data privacy and security threats
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Implemented technologies and systems to identify and mitigate suspected counterfeits
  • Finalized terms of proposed nationwide opioid settlement
  • Minimizing antimicrobial discharges by assessing Teva sites and supply chain
  • Established decarbonization plan, including energy efficiency, renewable energy, and network optimization
  • Formalized water conservation programs in water-stressed areas
  • Robust compliance program with risk-based training, third-party screening, and monitoring dashboards
  • ISO 27001 certification, cybersecurity trainings, and incident response mechanisms

Supply Chain Management

Supplier Audits: 56% of critical suppliers assessed by EcoVadis in 2022; 6 PSCI audits conducted.

Responsible Procurement
  • Supplier Code of Conduct
  • ESG criteria integrated into RFPs
  • Supplier ESG Toolkit
  • Annual webinars for suppliers

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 27001

Third-party Assurance: DNV

Awards & Recognition

  • 2022 Adam Smith Award for Best Sustainable Treasury Solution
  • Largest Sustainability-Linked Bond of the Year (2021) by Climate Bonds Awards
  • A- rating from CDP for climate change (2022)
  • B score from CDP for water security (2022)
  • 72.6 score on Bloomberg Gender-Equality Index (2022)
  • Perfect score of 100 on the 2022 Corporate Equality Index (CEI)