Achieves 2025 Greenhouse Gas Emission reduction
goals two years ahead of schedule
RADNOR, Pa., June 18, 2024 /PRNewswire/ -- Avantor, Inc.
(NYSE: AVTR), a leading global provider of mission-critical
products and services to customers in the life sciences and
advanced technologies industries, released its 2024 Sustainability
Report today. The report highlights the meaningful
progress Avantor made in 2023 against four Science for Goodness
sustainability pillars: People & Culture, Innovation &
Environment, Community Engagement, and Governance &
Integrity.
"Our Science for Goodness platform is integral to our business
strategy and to the value that we provide to our stakeholders,"
said Michael Stubblefield, President
and CEO of Avantor. "We are pleased with the progress we have made
and remain committed to creating a better, healthier
world."
Highlights from Avantor's 2024 Sustainability Report
include:
People & Culture: Avantor earned a top score on
the Human Rights Campaign's 2023 Corporate Equality Index, a
national benchmarking survey and report measuring corporate
policies and practices related to LGBTQ+ workplace equality. As
part of our efforts to promote inclusion and respect in the
workplace, one-quarter of associates participated in
Associate-Centric Teams (ACTs) which provide our associates with
opportunities to elevate their voices and deepen their
understanding of others' experiences and perspectives.
Innovation & Environment: Avantor achieved its
2025 emissions reduction target two years ahead of schedule,
reducing operational greenhouse gas emissions by 16.7 percent from
2019 to 2023. Having achieved this critical milestone, we have now
set new targets for 2030 to reduce Scope 1 and 2 emissions by
50 percent from a 2020 baseline and reduce Scope 3 emissions by 25
percent from a 2020 baseline.
Community Engagement: In 2023, the Avantor
Foundation awarded more than $1.2
million in grants to provide healthcare services and STEM
education opportunities to underserved communities where Avantor
has a presence. We also empowered our associates to support
organizations worldwide that bring our mission to life, and in
2023, they contributed nearly 10,000 volunteer hours.
Governance & Integrity: Avantor launched our
Responsible Supplier Program in 2023, aiming to improve
supplier performance across four priority areas: climate change,
human rights, resource circularity and nature conservation.
Building on our strong supplier relationships, some of which have
been in place for more than 20 years, Avantor enrolled more than
340 suppliers, representing 45 percent of our supplier spend, into
the program in 2023.
For more information regarding how Avantor is embedding
sustainability across its businesses and progressing programming,
and to view a copy of the full 2024 report, please visit our web
site.
About Avantor
Avantor® is a leading life
science tools company and global provider of mission-critical
products and services to customers in the life sciences and
advanced technology industries. From discovery to delivery, we work
side-by-side with scientists around the world to enable
breakthroughs in medicine, healthcare, and technology at scale. Our
portfolio is used in virtually every stage of the most important
research, development and production activities at more than
300,000 customer locations in 180 countries. For more information,
visit avantorsciences.com and find us on LinkedIn, X (Twitter) and
Facebook.
Global Media Contact
Emily
Collins
Vice President, External Communications
Avantor
332-239-3910
Emily.Collins@avantorsciences.com
Investor Relations Contact
Christina Jones
Vice President, Investor Relations
Avantor
805-617-5297
Christina.Jones@avantorsciences.com
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SOURCE Avantor and Financial News