Commercial, Energy Procurement, GHG Emissions - January 30, 2023
Cardinal Health Lowers Emissions
Cardinal Health reduced its Scope 1 and 2 GHG emissions by 18%, making meaningful progress toward its goal of reducing Scope 1 and 2 GHG emissions by 50% by fiscal 2030 (from a fiscal 2019 base year).
The healthcare company committed to setting a science-based target (SBT) and is baselining Scope 3 supply chain emissions to finalize its SBT and submit it by the end of 2023 to the Science Based Targets initiative (SBTi) for approval.
Cardinal Health assessed 64% of spend across Cardinal Health™ Brand products for ESG-related risks through its supplier due diligence program, using supplier surveys and audits.
Details were provided in its Fiscal 2022 Environmental, Social and Governance (ESG) Report.
"Our new report reflects significant progress in our ESG efforts and highlights our commitment to helping build a more sustainable, equitable world, and a healthier future for our employees, our customers and our communities," said Jason Hollar, Cardinal Health's CEO in a statement. "Our ESG work is a critical component of our business transformation; it is enabling our mission of becoming healthcare's most trusted partner."
The new report was prepared in accordance with the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) frameworks.