In 2015, Novartis launched a new environmental sustainability strategy. With the ambition to be a leader in environmental protection, our vision 2030 on environmental sustainability is to use natural resources responsibly and to minimize the environmental impact of our activities and products over their life cycle. Underpinned by targets 2020, our vision focuses on four key impact areas: Energy and climate, water and micro-pollutants, materials and waste, and environmental sustainability management.
Our voluntary GHG emission reduction target for the environmental key priority area energy and climate is as ambitious the Intended National Determined Commitment (INDC) of Switzerland. The target 2020 is to reduce our total Scope 1 and Scope 2 GHG emissions by 30% versus 2010.
To reduce our own GHG emissions we have embarked on a dual strategy:
- Internally, our main focus is to lower GHG emissions by improving energy efficiency in our operations and by using low-carbon fuels and purchasing electricity from renewable sources.
- Externally, we have established four carbon-sink forestry projects, which ensure that we can actively remove CO2 from the atmosphere while delivering environmental and social benefits to local communities.
To improve the energy efficiency at our operations, we have put in place a robust energy management system with clearly defined roles and responsibilities, energy reviews and energy audits, energy challenges of capital projects, performance targets, and reporting processes. Furthermore, to better support decision making for more effective GHG reduction measures, Novartis is applying an internal carbon price of USD 100 per ton CO2 equivalents. This helps us to identify and get approved through a dedicated process those energy and GHG reducing projects that allow us to achieve our reduction target most effectively.
To be certain that we have the right conditions and tools to capture the energy saving and GHG reduction opportunities that still exist, we are constantly evaluating how to best maintain the speed and efficiency of ongoing energy improvements and further GHG reductions.
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