Phibro Animal Health Corporation Releases Third Annual ESG Report: Connections that Advance Animal Health, Nutrition and Sustainability

Rhea-AI Summary

Phibro Animal Health (Nasdaq: PAHC) has released its third annual Environmental, Social, and Governance (ESG) Report, highlighting 2023 achievements. The report emphasizes Phibro's commitment to enhancing animal health and nutrition to promote sustainability. Significant efforts include disease prevention, waste reduction, and resource conservation, which contribute to a safer, more affordable food supply. These initiatives align with the UN's 2030 Sustainable Development Goals (SDGs). The report underscores the importance of the One Health approach, emphasizing interconnections among the health of people, animals, and the planet. Phibro’s work in 2023 focused on reducing greenhouse gas emissions, enhancing food production efficiency, and supporting farmers' economic stability. This contributes to mitigating climate change and promoting food security. The company aims to continue driving sustainability and ethical growth, ensuring positive global contributions.

Positive

• Phibro's focus on disease prevention and animal health reduces greenhouse gas emissions.
• Efforts to prevent animal diseases contribute to a safer, more affordable food supply.
• Phibro's practices help conserve natural resources by reducing the need for feed and water.
• The company's work aligns with the UN's 2030 Sustainable Development Goals (SDGs).
• Phibro supports farmers' economic stability, allowing investment in sustainable practices.
• The ESG report highlights Phibro's commitment to ethical growth and sustainability.

Negative

• The press release lacks specific financial data such as revenue, earnings, or EPS, which could be important for investors.
• No mention of clinical trial data or new product developments that may impact stock performance.
• Absence of detailed risk factors or potential challenges facing the company.

TEANECK, N.J.--(BUSINESS WIRE)-- Phibro Animal Health Corporation (Nasdaq: PAHC) proudly announces its third annual Environmental, Social and Governance (ESG) Report, highlighting 2023 achievements. At Phibro, the connections between people, animals and the planet drive us to optimize animal health and nutrition for better lives and a sustainable world.

“Phibro’s business segments naturally align with today’s ESG and corporate responsibility mindset,” said Jack Bendheim, President, CEO and Chairman of the Board. “We help farmers become more efficient and sustainable by preventing animal disease, reducing waste and conserving resources. This results in a safer, more affordable food supply for society.”

Recent research confirms that controlling livestock disease benefits economic, environmental, and social sustainability, aligning with the UN's Sustainable Development Goals (SDGs) for 2030. Our ESG Report offers insights into the global impact of animal health on the environment, economies, and society, emphasizing the importance of the One Health approach, which recognizes the interconnected health of people, animals, and the planet.

In 2023, Phibro’s efforts reinforce that keeping livestock healthy can significantly reduce greenhouse gas (GHG) emissions. Preventing diseases lowers the carbon footprint of raising livestock and boosts food production efficiency, helping to mitigate climate change while ensuring food security.

Our focus on disease prevention and animal health and nutrition helps reduce the economic burden on farmers, allowing investment in sustainable practices. Healthy animals need fewer resources, such as feed and water, conserving natural resources and reducing waste. These practices align with our One Health commitment, promoting a balance that benefits all life on Earth.

Phibro’s dedication goes beyond business goals. We recognize our responsibility to communities and the planet, promoting animal health and nutrition intertwined with social and economic equity. By enhancing farmers’ livelihoods and ensuring a stable food supply, we help reduce poverty and malnutrition, key targets of the UN’s SDGs.

Moving forward, Phibro remains committed to creating meaningful connections among people, animals, and the planet. Our dedication to sustainability and ethical growth guides our actions, ensuring positive contributions to the world we share.

For more information and to read the full 2023 ESG Report, please visit https://www.pahc.com/responsibility/.

About Phibro Animal Health Corporation

Phibro Animal Health Corporation is a leading global diversified animal health and nutrition company. We strive to be a trusted partner with livestock producers, farmers, veterinarians, nutritionists, and consumers who raise or care for farm and companion animals by providing solutions to help them maintain and enhance the health of their animals. For further information, please visit www.pahc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605592757/en/

Glenn David

Chief Financial Officer, Phibro Animal Health Corporation

+1-201-329-7300

investor.relations@pahc.com

Source: Phibro Animal Health Corporation

FAQ

What are the key achievements highlighted in Phibro's 2023 ESG Report?

Phibro's 2023 ESG Report emphasizes disease prevention, waste reduction, resource conservation, and alignment with the UN's 2030 Sustainable Development Goals (SDGs).

How does Phibro Animal Health contribute to sustainability?

Phibro contributes to sustainability by preventing animal diseases, reducing waste, conserving resources, and enhancing food production efficiency.

How does Phibro's work align with the UN's Sustainable Development Goals (SDGs)?

Phibro's efforts to control livestock disease, reduce greenhouse gas emissions, and support economic stability align with the UN's 2030 SDGs.

What is the One Health approach highlighted in Phibro's ESG Report?

The One Health approach recognizes the interconnected health of people, animals, and the planet, which is central to Phibro's sustainability efforts.

What impact does Phibro's disease prevention efforts have on farmers?

Phibro's disease prevention efforts reduce the economic burden on farmers, allowing them to invest in sustainable practices and enhancing their livelihoods.