Takeda Achieved Carbon Neutrality in 2020

Rhea-AI Summary

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) has achieved carbon neutrality in its value chain for fiscal year 2019. This milestone was reached through energy conservation, green energy procurement, and investment in verified carbon offsets. Takeda aims to reduce operational emissions by 40% by 2025 and achieve carbon neutrality by 2040. The company supports over 30 renewable energy projects across 12 countries, addressing 15 out of 17 UN Sustainable Development Goals. Recognized for its climate leadership, Takeda has been named on CDP’s 'A List' and Corporate Knights Global 100 Most Sustainable Corporations.

Positive

• Achieved carbon neutrality for fiscal year 2019.
• Invested in over 30 renewable energy and carbon offset projects across 12 countries.
• Committed to reducing operational emissions by 40% by 2025 and achieving carbon neutrality by 2040.
• Recognized on CDP’s 'A List' for climate leadership and Corporate Knights Global 100 Most Sustainable Corporations.

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• None.

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced that it achieved carbon neutrality in its value chain for its fiscal year 2019. This achievement was delivered by a continued focus on internal energy conservation measures, procurement of green energy, and investment in renewable energy certificates and high-quality, verified carbon offsets. These actions collectively address 100 percent of Takeda’s fiscal year 2019 scope 1, 2, and 3 emissions¹ and represent a significant milestone in Takeda’s sustainability journey.

“This important milestone underscores our commitment to environmental sustainability as we recognize that climate change poses a risk to human health, including the spread of some of the same infectious diseases we’re working to eradicate,” said Christophe Weber, Takeda president and chief executive officer. “As a global, purpose-driven company celebrating our 240-year anniversary this summer, I am proud of our achievement, but we know much more work needs to be done. We remain committed to using our size and scale to help mitigate climate change and to ensure we can continue to make a positive impact on patients, our people and the planet.”

One of the ways Takeda achieved this milestone is through its investment in more than 30 renewable energy and carbon offset projects across 12 countries. These projects support the use of wind and solar energy, clean water availability, forest conservation and the preservation of biodiversity. The activities collectively address 15 out of 17 of the United Nations’ Sustainable Development Goals. They support local communities, while promoting a more sustainable future. All carbon offsets were required to meet rigorous evaluation criteria, including additionality, measurability, transparency, registration and third-party verification, among others.

Projects supported include:

• Clean drinking water in Malawi – providing safe drinking water to communities by creating new boreholes and repairing damaged ones, resulting in the reduced use of firewood for boiling and purifying water
• Working Woodlands Program – preserving more than 8,600 acres in the northeastern corner of Tennessee, U.S., as a privately held park, encouraging recreation-based tourism in a lower-income region of the United States
• Forest management in Japan – supporting natural carbon sinks and local air quality through sustainable forestry management practices in Japan
• Solar cookstoves in China – helping to improve indoor air quality by investing in the installation of solar cookers to replace coal for cooking and hot water needs for rural farmers in remote areas of China
• Solar energy in India – supporting the development of solar lighting and thermal water heating to replace fossil fuel usage throughout different states in India

Building on today’s milestone, Takeda remains committed to eliminating greenhouse gas emissions from its company-wide operations. Specifically, Takeda aims to reduce 40 percent of its emissions from its operations by 2025 and has committed to being carbon zero by 2040. To achieve its climate-related goals, a company-wide, cross-divisional program has been established to increase renewable energy usage and drive energy efficiency. Takeda is also looking beyond its own operations and is working with suppliers to help them to establish science-based reduction targets and reduce greenhouse gas emissions.

As a science-driven organization, Takeda’s climate change commitments are aligned with current climate science. In 2020, the Science-Based Targets initiative (SBTi) recognized Takeda’s goals as being consistent with reductions required to limit the rise in global temperature to 1.5°C above pre-industrial levels. Takeda is also proud to have earned a spot on CDP’s ‘A List’ for climate change leadership in 2020 as well as being named to Corporate Knights Global 100 Most Sustainable Corporations in the World (Global 100) for the sixth consecutive year.

For more information on Takeda’s commitment to environmental sustainability, visit:
Takeda environment website
Sustainability Value Report 2020

About Takeda Pharmaceutical Company Limited

Takeda Pharmaceutical Company Limited (TSE: 4502/NYSE: TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetic and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people’s lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in healthcare in approximately 80 countries. For more information, visit https://www.takeda.com.

¹ Scope 1 emissions are direct emissions from owned or controlled sources such as onsite fuel combustion, company-owned vehicles, and in-equipment in our facilities.
Scope 2 emissions are indirect greenhouse gas emissions resulting from purchased and consumed electricity, third party steam and/or chilled water supplied to our facilities.
Scope 3 emissions are all other indirect emissions that occur in our value chain, including goods and services provided by suppliers, business travel, employee commuting, and landfill waste disposal.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210127005034/en/

FAQ

What recent milestone did Takeda (TAK) achieve regarding carbon emissions?

Takeda announced that it achieved carbon neutrality in its value chain for fiscal year 2019.

What are Takeda's future goals for greenhouse gas emissions?

Takeda aims to reduce its emissions by 40% by 2025 and achieve carbon neutrality by 2040.

How many renewable projects did Takeda invest in?

Takeda invested in over 30 renewable energy and carbon offset projects across 12 countries.

What recognition did Takeda receive for its sustainability efforts?

Takeda was named on CDP’s 'A List' for climate change leadership and the Corporate Knights Global 100 Most Sustainable Corporations.