Zoetis Accelerates 100% Renewable Energy Goal by 20 Years to 2030
Animal health company Zoetis announced today a series of new sustainability goals, including targets to achieve carbon neutrality, and to use 100% renewable energy in its operations by 2030.
Jeannette Ferran Astorga, EVP, Corporate Affairs, Communications and Sustainability at Zoetis, said:
“Our vision is to be the most sustainable animal health company in the world, and we are proud to be the first stand-alone animal health company to commit to carbon neutrality by 2030.”
The new renewable energy goal marks a significant acceleration for Zoetis, over its prior commitment to achieve 100% renewable energy by 2050. Last month, Zoetis announced a 15-year, 40 MW virtual power purchase agreement with renewable energy asset developer and operator Vesper Energy to provide energy to the grid from Vesper’s Hornet Solar project in west Texas, sufficient to power 33% of Zoetis’ North American operations. North America represents approximately 75% of the company’s global electricity consumption. Additionally, several of Zoetis’ sites in countries including Norway, Belgium and Ireland are already being powered with 100% renewable electricity.
Zoetis is a member of RE100, an initiative led by the Climate Group in partnership with CDP, to bring together the world’s most influential companies committed to 100% renewable electricity.
Other initiatives highlighted by the company to achieve its climate goals include optimization of heating, ventilation, and air conditioning (HVAC) equipment, investing in updated technology to be more energy efficient at its manufacturing sites, and focusing on procurement activities to electrify more of its fleet of vehicles. Zoetis also stated that it aims to offset the final share of its Scope 1 and 2 emissions, and to create greater transparency into Scope 3 emissions.
“Launching our expanded climate strategy reflects an evolution of our journey. As we live our purpose to nurture the world and humankind by advancing care for animals, we are focused on stewarding resources responsibly and minimizing our own operations’ impact on the environment to help protect our planet.”