Kenvue’s first climate -related financial information disclosure task force (TCFD) report shows an important step in the company’s climate change measures strategy. The report provides insights on the risks related to climate and how they are dealing with climate -related risks, while promoting the sustainable goals under the Healthy Lives mission.
“The climate change is one of the nine priority topics in our healthy life mission environment, society, and governance strategy,” said Pamera Gil Alabaster, Kenvue’s ESG and global sustainability. I talked to the design.
“The TCFD report provides useful information for stakeholders to gain a deeper understanding of how Kenvue can respond to climate change and now.”
Reduction of greenhouse gas emissions
Kenvue has made a remarkable progress in reducing greenhouse gas (GHG) emissions, reducing scope 1 and 2 emissions by about 26% since 2020. The company promises to reduce these emissions by 42% by 2030, with strategies that focus on renewable power and energy. Efficiency and efforts to make carbonization.
“Procurement of renewable power is an important propulsion,” said Gil Alabaster. “As of December 31, 2023, it was supported by 18 solar power generation systems in 12 countries and multiple renewable energy procurement agreements, and about 65% of our electricity used is a renewable power. It is covered.
Progress of renewable power
Kenvue’s shift to renewable energy is the center of sustainability. The newly installed solar power generation facilities in French Cezanne and Mandra, Greece, contributed to 1.75 MW and 0.186 MW renewable energy in 2024, respectively.
Furthermore, off -site renewal renewable power agreements such as virtual power purchase contracts (VPPA) and direct power purchase contracts (PPA) have expanded the company’s renewable energy installation area worldwide.
“All of these measures will help you move forward with the goal of making 100% of the use of power in business by 2030,” Gil Alabaster.
Scope 3 Efforts for emissions
Since the emission of scope 3 accounts for about 90% of Kenvue’s total emission, the company has given priority to suppliers to achieve climate goals. Purchased products and services account for 71% of these emissions, and upstream transport and distribution account for 15%.
“In order to proceed with the transition to Net Zero, it is necessary for Value Chain Partners to set their own climate goals and support them to achieve them,” said Gil Alabuster. “As of December 31, 2023, 21 % of our suppliers have set their goals based on science based on emissions, and the goal is to reach 75 % by 2028.”
Innovation in sustainable packaging
Kenvue has advanced for sustainability in packaging, featuring 71% of the portfolio that can be recycled or refilled. The company is currently incorporating a recycling design guideline notified by the Consumer GOODS FORUM GOLDEN DESIGN RULES and the Ellen MacArthur Foundation.
“We are proud of the progress of evolving packaging to make it more user -friendly and better for the earth,” said Gil Alabuster. “As consumers are increasing and the ease of use and environmental benefits are proven, one of the areas we continue to work on innovation is a package that can be refilled.”
Connecting humans and environmental health
Kenvue’s sustainable efforts have reached the design and development of products beyond business, and emphasizes the connection between human and environmental health. The company evaluates new products in light of the Healthy Lives Mission initiatives using tools such as Sustainable Innovation Profiler, which is being applied for a patent.
“Human health is inseparable from environmental health,” said Gil Alabaster. “Our products are not only promoting a healthier life, but also an opportunity to promote more healthy Earth.”
Kenvue will integrate the climate change into consideration for climate change over the entire business management, supply chain, and product design with a view to the future, and cope with climate -related risks such as rising raw material costs and potential carbon prices. I will do it.
“By developing innovative product design that requires less materials, identifying alternative materials, and optimizing supply chains efficiency, you can manage costs more appropriately and overcome price fluctuations. Gil Alabaster concluded. “At the same time, we are looking for climate -related opportunities as part of a business strategy.”
These progress highlights a executable strategy for manufacturers and suppliers to reduce emissions, optimize supply chains, and innovate package designs that are environmentally friendly consumer sympathy. By cooperating with a wide range of industries to sustainability, officials will strengthen market competitiveness, deal with regulatory demands, and are more environmentally friendly and more responsible products and end users. You can meet the high expectations of.
