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Corporate Social Responsibility
News
6.08.2005 ET
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Baxter Testifies Before Congress About Business Benefits of Climate Change Initiatives
(CSRwire) WASHINGTON, D.C.,- In testimony provided today to the Science
Committee of the U.S. House of Representatives, Baxter International Inc.
(NYSE:BAX) emphasized that environmental issues such as climate change can
be addressed by corporations in a manner that is both responsible and
economically beneficial.
Ron Meissen, senior director of worldwide EHS resources at Baxter, shared
with the Committee examples of how Baxter is proactively addressing
environmental issues by driving greater operating efficiencies, adopting
new technologies and collaborating through public and private
partnerships. Such initiatives have helped the company achieve:
A 35 percent reduction in greenhouse gas emissions from 1996 through
2004 per unit of production; and
A 22 percent improvement in energy efficiency per unit of production
during this same period.
Also, the company estimates that the investments it has made over the last
six years yielded $80 million in savings and cost avoidance in 2004, with
$9 million of that from energy savings alone.
"The benefits go far beyond cost avoidance and energy or raw material
savings," Meissen said. "Many of the initiatives we have put in place
have yielded higher quality levels, greater production output and
flexibility, reduced waste, as well as improvements in workplace
safety."
Baxter has been recognized as a leader in environmental management and
reporting and climate change for more than a decade. In the mid-1990s,
Baxter began publicly reporting information regarding energy use, cost and
associated greenhouse gas emissions, and was the first company to publish
an environmental financial statement to demonstrate the linkage to the
company's bottom-line. Baxter also has pioneered a Lean and Clean
approach by applying Lean manufacturing disciplines to the company's
environmental processes as well as applying environmental insights to its
manufacturing operations. Not only has this effort reduced waste and
improved efficiency, it has revealed numerous opportunities for
environmental improvement.
With many countries addressing climate change through actions like
climate taxes on energy and mandatory greenhouse gas emission caps, global
companies like Baxter are already implementing programs to reduce their
energy use and emissions across their operations, Meissen emphasized. He
added that doing so is essential to remaining competitive on a global
basis.
A copy of Meissen's full testimony is available on www.baxter.com
Baxter International Inc., through its subsidiaries, assists healthcare
professionals and their patients with the treatment of complex medical
conditions, including cancer, hemophilia, immune disorders, kidney disease
and trauma. The company applies its expertise in medical devices,
pharmaceuticals and biotechnology to make a meaningful difference in
patients' lives.
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