Company Announces Recognition and Collaboration
Submitted by Baxter International Inc.
Baxter International Inc. (NYSE: BAX) today issued its 14th consecutive Sustainability Report, available at sustainability.baxter.com, detailing the company’s commitment and progress to creating lasting social, environmental and economic value by addressing the needs of stakeholders worldwide.
“Sustainability encompasses virtually every aspect of how we do business,” said Robert L. Parkinson, Jr., Baxter's chairman and chief executive officer. “Just as Baxter’s mission is to save and sustain lives, we are committed to helping our many global stakeholders thrive.”
Highlights from Baxter’s 2012 Sustainability Report include:
Baxter's nine sustainability priorities reflect issues of key concern to Baxter and its stakeholders in areas where the company is positioned to have a positive impact. Priorities include strengthening access to healthcare, enhancing math and science education, and a range of environmental initiatives such as reducing energy use, waste generation, and water use.
Baxter's 2012 Sustainability Report is aligned with the Global Reporting Initiative guidelines, which provide a uniform and transparent set of metrics to systematically report on sustainability initiatives and results.
Baxter Earns Recognition for Sustainability Performance and Disclosure
Based on its sustainability performance, Baxter was included for the 12th year in Corporate Responsibility magazine's 100 Best Corporate Citizens list. The annual survey draws from firms in the Russell 1000 Index and is based on more than 320 data points of publicly available information in seven categories: environment, climate change, employee relations, human rights, governance, finance and philanthropy.
Baxter placed second in the Environmental Tracking (ET) Scope 3 Disclosure Leader Award rankings and ranked 13 and 35 in the ET North America 300 and ET Global 800 Carbon Rankings, respectively, based on transparent, public disclosure of greenhouse gas emissions that follow reporting guidelines and are externally verified. These rankings are compiled by the Environmental Investment Organisation, an independent not-for-profit research body promoting carbon transparency and investment solutions designed to address climate change.
Baxter Joins National Health Organization Supporting Environmental Practices
Baxter recently joined Practice Greenhealth, a membership organization that provides a forum for collaboration with other healthcare companies and organizations that are committed to improving their environmental performance as well as that of the healthcare industry. Baxter’s membership is just one way the company encourages improved environmental performance within the company and across the industry.
Baxter has held environmental stewardship as a priority for more than three decades, and has long set environmental goals for waste, energy, greenhouse gas emissions, water and packaging as well as measuring progress and reporting results. As part of its mission to save and sustain lives, Baxter is committed to addressing environmental and social issues across the life cycle of its products. These range from sustainable design and bioethics during research and development, to energy and materials efficiency during manufacturing and transport, to responsible advertising and promotion, and finally, product repair, refurbishment and recycling for electronic products as appropriate at end-of-life. Baxter also has programs to ensure high standards in quality, safety and product integrity.
To further these efforts, Baxter launched a new Product Sustainability Program in 2012, building on extensive collaboration among its research and development, marketing and supply chain groups. The program team initiated new projects to define life cycle environmental impacts for both individual products and entire therapies. Additionally, Baxter’s product portfolio includes two products that were the first medical products to receive Carbon Footprint certification from the Carbon Trust, which provides independent verification of the carbon footprints of products and services.
Baxter's commitment to sustainability spans more than three decades. The company is included in the Dow Jones Sustainability Index and has been recognized by Corporate Responsibility magazine as one of the 100 Best Corporate Citizens and Newsweek’s Green Rankings as the leading U.S. healthcare company. Baxter is a member of the Center for Health and the Global Environment at Harvard Medical School, Center for Corporate Citizenship at Boston College, and the Ethics & Compliance Officer Association. The company endorses the Ceres principles and is an Organizational Stakeholder of the Global Reporting Initiative. Further information about Baxter’s sustainability activities can be found at www.sustainability.baxter.com.
Baxter International Inc. (NYSE: BAX), through its subsidiaries, 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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