Envista Announces Release of 2023 Sustainability Report

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Envista Holdings (NYSE: NVST) has released its 2023 Sustainability Report, highlighting significant progress in ESG initiatives. The report showcases notable achievements including a 26% reduction in Scope 1 greenhouse gas emissions and a 3.5% reduction in total emissions intensity. The company maintained 99% gender and ethnic pay equity in the U.S. and donated nearly $1.3 million through the Envista Smile Project.

The report outlines five key focus areas: Delivering Quality and Access, Supporting People and Community, Safeguarding the Environment, Centering Ethics and Compliance, and Practicing Good Governance. Envista implemented several Kaizen projects to enhance sustainability and operational efficiency in waste generation and energy use.

BREA, Calif., Nov. 20, 2024 /PRNewswire/ -- Envista Holdings Corporation (NYSE: NVST) today announced the release of its 2023 Sustainability Report, outlining its continued efforts to integrate environmental, social, and governance (ESG) considerations into its mission to digitize, personalize, and democratize dental care. The full report can be found HERE.

"Our efforts to promote improved environment, social, and governance initiatives are central to how we support our stakeholders. Through the lens of our key areas of focus – Delivering Quality and Access; Supporting Our People and Community; Safeguarding the Environment; Centering Ethics and Compliance; and Practicing Good Governance – we have maintained steady progress in finding ways to improve how we work," said Paul Keel, CEO of Envista. "As we release our fourth annual sustainability report, it is a pleasure to share the many ways in which we have delivered improved sustainability outcomes across our business."

Selected Highlights from Envista's 2023 Sustainability Report:

• Realized a 26% year-over-year reduction in our absolute Scope 1 greenhouse gas emissions and a 3.5% reduction of total (Scope 1 and 2) greenhouse gas emissions on an intensity basis.
  
  
• Donated nearly $1.3 million to support mission trips, education opportunities, and direct donations to oral health-focused non-profit organizations through the Envista Smile Project.
  
  
• Invested in several Kaizen projects to meaningfully enhance sustainability and operational efficiency on waste generation and energy use at several facilities.
  
  
• Continued to achieve both 99% gender pay equity and 99% ethnic pay equity in the U.S.

Mr. Keel continued, "We are proud of our long track record of sustainability, and we are pleased with our further progress this year. As we look ahead to address the challenges of tomorrow, we remain energized to continue supporting our people, our customers, and our shareholders."

The 2023 Sustainability Report provides both Envista's sustainability-related performance to date and the foundation upon which Envista will continue to identify opportunities for continuous improvement across the Company's key sustainability topics. The Company welcomes all stakeholder feedback on its 2023 Sustainability Report, which can be shared via email at sustainability@envistaco.com. 

ABOUT ENVISTA HOLDINGS CORPORATION

Envista is a global family of more than 30 trusted dental brands, including Nobel Biocare, Ormco, DEXIS, and Kerr, united by a shared purpose: to partner with professionals to improve lives. Envista helps its customers deliver the best possible patient care through industry-leading dental consumables, solutions, technology, and services. Its comprehensive portfolio, including dental implants and treatment options, orthodontics, and digital imaging technologies, covers a wide range of dentists' clinical needs for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile. With a foundation comprised of the proven Envista Business System (EBS) methodology, an experienced leadership team, and a strong culture grounded in continuous improvement, commitment to innovation, and deep customer focus, Envista is well equipped to meet the end-to-end needs of dental professionals worldwide. Envista is one of the largest global dental products companies, with significant market positions in some of the most attractive segments of the dental products industry. For more information, please visit www.envistaco.com.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are "forward-looking" statements within the meaning of the federal securities laws. There are a number of important factors that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, among other things, the conditions in the U.S. and global economy, the impact of inflation and increasing interest rates, international economic, political, legal, compliance and business factors, the markets served by us and the financial markets, the impact of our debt obligations on our operations and liquidity, developments and uncertainties in trade policies and regulations, contractions or growth rates and cyclicality of markets we serve, risks relating to product manufacturing, commodity costs and surcharges, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole or limited sources of supply, disruptions relating to war, terrorism, climate change, widespread protests and civil unrest, man-made and natural disasters, public health issues and other events, security breaches or other disruptions of our information technology systems or violations of data privacy laws, security breaches or other disruptions affecting our external information technology contractors, vendors or other service providers, fluctuations in inventory of our distributors and customers, loss of a key distributor, our relationships with and the performance of our channel partners, competition, our ability to develop and successfully market new products and services, our ability to attract, develop and retain our key personnel, the potential for improper conduct by our employees, agents or business partners, our compliance with applicable laws and regulations (including regulations relating to medical devices and the health care industry), the results of our clinical trials and perceptions thereof, penalties associated with any off-label marketing of our products, modifications to our products that require new marketing clearances or authorizations, our ability to effectively address cost reductions and other changes in the health care industry, our ability to successfully identify and consummate appropriate acquisitions and strategic investments, our ability to integrate the businesses we acquire and achieve the anticipated benefits of such acquisitions, contingent liabilities relating to acquisitions, investments and divestitures, our ability to adequately protect our intellectual property, the impact of our restructuring activities on our ability to grow, risks relating to impairment charges for our goodwill and intangible assets, changes in accounting standards and subjective assumptions, estimates and judgment by management, currency exchange rates, changes in tax laws applicable to multinational companies, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, risks relating to product, service or software defects, the impact of regulation on demand for our products and services, and labor matters. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for fiscal year 2023 and our Quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release and except to the extent required by applicable law, we do not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. 

CONTACT

Melissa Morrison
Envista Holdings Corporation
200 S. Kraemer Blvd., Building E
Brea, California 92821
Telephone: (714) 817-7000

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SOURCE Envista Holdings Corporation

FAQ

What are the key environmental achievements in Envista's (NVST) 2023 Sustainability Report?

Envista achieved a 26% year-over-year reduction in Scope 1 greenhouse gas emissions and a 3.5% reduction in total (Scope 1 and 2) emissions intensity. They also implemented Kaizen projects to improve waste generation and energy use efficiency.

How much did Envista (NVST) donate through their Smile Project in 2023?

Envista donated nearly $1.3 million through the Envista Smile Project to support mission trips, education opportunities, and direct donations to oral health-focused non-profit organizations.

What are the pay equity statistics for Envista (NVST) in 2023?

Envista maintained both 99% gender pay equity and 99% ethnic pay equity in the United States.

What are the five key focus areas in Envista's (NVST) 2023 Sustainability Report?

The five key areas are Delivering Quality and Access, Supporting People and Community, Safeguarding the Environment, Centering Ethics and Compliance, and Practicing Good Governance.