Submitted by Baxter International Inc.
- November 13, 2008 - Baxter International Inc. was recently named to the Dow Jones Sustainability Index for the tenth consecutive year, recognized by the Carbon Disclosure Project as a "Climate Leader," and advanced on the U.S. Environmental Protection Agency's Green Power Partner list. Additionally, AmeriCares launched a critically needed warehouse in India partially funded by a grant from The Baxter International Foundation and, together with the Healthcare Distribution Management Association, granted Baxter the "Power of Partnership" award for dedication to expanding access to healthcare. Further information about Baxter's sustainability activities can be found on http://sustainability.baxter.com/.
Baxter Named to Dow Jones Sustainability Index for Tenth Consecutive Year
Baxter was named 2008 Medical Products Industry Leader of the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability North America Index (DJSI North America). This marks the tenth consecutive year that the company has been listed in the DJSI and the seventh year the company has been named Medical Products Industry Leader since the launch of the DJSI in 1999. Baxter's leadership position resulted from best scores across a number of performance areas including bioethics, codes of conduct, environmental performance and policy/management, talent attraction and retention, and social and environmental reporting.
Carbon Disclosure Project Recognizes Baxter as a "Climate Leader"
The Carbon Disclosure Project (CDP) recognized Baxter for its proactive approach to addressing global climate change. For the second consecutive year, CDP has included Baxter in its "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual Global 500 Report, highlights reporting companies in the FTSE Global 500 Index that display the most comprehensive approach to corporate governance by reducing greenhouse gas emissions and responding to climate change. The CDP represents 385 institutional investors with $57 trillion in assets under management.
Baxter Advances on U.S. EPA Green Power Partner List
The U.S. Environmental Protection Agency recently released its updated Fortune 500 Green Power Partner Challenge list, with Baxter ranked at number 23 of 58 companies based on green power usage. Baxter's total purchase of Green-e certified renewable energy certificates is equivalent to 29.5 million kilowatt hours of Baxter's total annual domestic electricity usage. In addition to purchasing off-site renewable energy, Baxter has piloted several on-site renewable energy projects and is continually exploring ways to use renewable energy and alternative lower-carbon fuels.
Foundation Grant Supports New AmeriCares India Operations
AmeriCares, the international disaster-relief and humanitarian aid organization, established a warehouse and operations in India to expand its geographic reach and improve the availability of medicines to indigent communities and disaster prone areas in the Asia Pacific region thanks in part to a grant from The Baxter International Foundation, the philanthropic arm of Baxter International Inc. The World Health Organization estimates more than two billion people around the world have inadequate access to medicine. Of those, more than one third (700 million people) live in India. AmeriCares, a primary partner in Baxter's product donation humanitarian efforts, delivers critical shipments to areas suffering from natural disasters or political strife. Baxter's partnership with AmeriCares began more than 20 years ago and continues to strengthen, not only through donated products but also with support targeted at critical infrastructure needs in developing countries.
Baxter Recognized for Expanding Access to Healthcare
Baxter received the "Power of Partnership" award from AmeriCares during the Healthcare Distribution Management Association (HDMA) Annual Leadership Forum in National Harbor, Maryland. The award, created by AmeriCares and HDMA, recognizes medical manufacturing and distribution organizations that have shown exceptional dedication to expanding access to medicines and healthcare for disadvantaged populations in the developing world and United States.
Baxter's commitment to sustainability spans three decades. The company is included in the Dow Jones Sustainability Index and has been recognized by Innovest Strategic Value Advisors as one of the Global 100 Most Sustainable Corporations in the World, by Corporate Responsibility Officer magazine as one of the 100 Best Corporate Citizens and by the U.S. EPA as a Performance Track Corporate Leader. Baxter is a member of the Center for Corporate Citizenship at Boston College, the Business Environmental Leadership Council of the Pew Center on Global Climate Change, the Chicago Climate Exchange, the U.S. EPA's Climate Leaders, the Ethics & Compliance Officer Association and Hospitals for a Healthy Environment. Baxter endorses the Ceres principles and is an organizational stakeholder of the Global Reporting Initiative.
Baxter International Inc. develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. As a global, diversified healthcare company, Baxter applies a unique combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide.
At Baxter, sustainability means creating lasting social, environmental and economic value by addressing the needs of the company’s wide-ranging stakeholder base. The company's sustainability efforts support Baxter's mission to apply innovative science in the development of products and therapies that save and sustain patients' lives.
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