Uniphar Progresses Towards Halving Emissions by 2030 with SBTi Goals

What's Happening?

Uniphar, a global leader in pharmaceutical and medtech solutions, is advancing towards its Science Based Targets initiative (SBTi) goal of reducing Scope 1 and 2 emissions by 50% by 2030. Since 2019, the company has achieved a 22.8% reduction in emissions, aligning with broader climate change objectives, including the United Nations' Sustainable Development Goal on Climate Action. Uniphar's Climate Change Programme, supported by a cross-divisional working group, focuses on embedding sustainability across operations. Despite revenue growth and geographical expansion, Uniphar has maintained stable energy use, resulting in a 4.8% reduction in absolute emissions compared to 2023.

Why It's Important?

Uniphar's commitment to reducing emissions is crucial in addressing climate change and promoting sustainable business practices within the pharmaceutical and medtech industries. The company's efforts to integrate sustainability into its operations reflect a growing trend among corporations to prioritize environmental responsibility. By achieving significant emissions reductions, Uniphar sets a precedent for other companies in the sector, potentially influencing industry standards and regulatory policies. The focus on sustainability not only enhances Uniphar's environmental credentials but also supports its long-term business strategy, ensuring continued growth and operational efficiency.

What's Next?

Uniphar plans to open a new distribution center in Dublin, designed with sustainability in mind, featuring energy-efficient technologies and environmental certifications. The company will continue to assess opportunities for renewable energy generation and building efficiencies across its global locations. As part of its Climate Change Programme, Uniphar aims to engage with suppliers on sustainability topics, aligning with its SBTi targets. The ongoing analysis of carbon hotspots will guide future emissions reduction efforts, ensuring Uniphar remains on track to meet its 2030 goals. Stakeholders, including investors and environmental groups, will be watching Uniphar's progress closely.