We know that good health is the foundation for everything in life. There are clear connections between healthy people and the health of societies, economies and the planet.
And these connections impact us all. Growing challenges like climate change and air and water pollution endanger communities, and threaten progress to create a healthier world.
We've long been focused on protecting the environment, and have taken action to reduce our environmental footprint since the first Earth Day in 1970. In the 50 years since then, our efforts have only grown in scope, most recently with our 2020 environmental goal results. And looking ahead, our 2030 Sustainability Plan is focused on building a healthier future for all, including protecting a healthy environment – as we build a stronger, more sustainable Abbott for years to come.
Protecting the Environment, Through a Single Product
Our work extends across our company, and our products. Just one example: our FreeStyle Libre technology. Beyond transforming the care of diabetes, FreeStyle Libre also demonstrates how we're reducing our environmental impact in multiple ways:
A Decade of Progress: Our 2020 Results
Beyond efforts to smartly redesign our products, we've also been measuring and reducing our emissions, water use and waste around the world. And like many companies, we are at a transition point – measuring progress against the goals we set for 2020, while also setting our sights on 2030.
We are proud of the progress we made against our 2020 goals. In the last decade, we took on hundreds of projects to reduce our environmental impact – including 80 projects at 33 sites across 10 countries in 2020 alone. This work helped us deliver real results (all compared to 2010 baseline and normalized for sales):
The impact of these results goes beyond protecting the environment. They also contribute to Abbott's growth – by increasing our energy, water and waste efficiency, we've delivered cost savings as well. One example: we saved over $100 million in packaging since 2010, reinforcing the compelling business case for sustainability.
Looking Ahead to 2030
As we mark these important milestones, we're already implementing our plan to deliver even more progress over the next decade.
Protecting a healthy environment is a crucial pillar of our 2030 Sustainability Plan. We've evolved our approach to tackle the massive challenges we all face – because we know that "business as usual" won't get it done. For example, we're now implementing a circular approach to manage waste, and focusing efforts on sites that have higher water risk and impact. And we're also expanding our efforts to suppliers and other organizations and communities.
Our 2030 plan outlines targets across 3 key areas:
1. Addressing climate change.
Climate change is a significant global issue, including its impacts on health. We're working across our operations to address climate change by reducing our absolute carbon emissions and expanding our renewable energy use, and we're also working with key carbon-intensive suppliers to reduce their carbon emissions as well.
2030 targets:
2. Protecting Water Resources.
We work to sustainably manage water in our operations and in our work with others, with a focus on manufacturing sites in water-stressed areas. One example: Abbott recently became a member of the Alliance for Water Stewardship (AWS), a global collaboration of businesses and NGOs that contribute to the sustainability of local water resources through adoption of a universal framework. Through AWS, we can engage communities on local water issues and collaborate with members to protect local water supplies.
2030 targets:
3. Reducing product packaging and waste.
We're reducing the environmental impact of our product packaging, and minimizing waste in our operations through reuse and recycling methods. Beyond the tangible work for FreeStyle Libre, we're working on similar efforts across our product portfolio and global operations.
2030 targets:
Ambitious goals will require ambitious effort, new solutions and meaningful partnerships. We're up to the challenge. It's imperative to us all. For the health of our communities and our planet.
More Information
1 This product is not yet available in the U.S.
2 Compared to other FreeStyle Libre systems; Data on file, Abbott Diabetes Care.
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