Henry Schein has committed to the Business Ambition for 1.5⁰C initiative, setting a goal of net-zero global emissions by 2050.
The Business Ambition for 1.5°C campaign encourages companies to set robust emissions reduction targets at the pace and scale required by climate science. Endorsed by a global coalition of UN agencies, business groups, and industry leaders, the campaign provides a coordinated net-zero pathway for corporate climate leaders.
“By signing the Business Ambition for 1.5⁰C initiative, Henry Schein is joining corporate leaders worldwide in strengthening and sharpening our approach to measuring, monitoring, and reporting on carbon emissions and other environmental impacts,” said Stanley M. Bergman, chairman of the board and chief executive officer of Henry Schein. ”To date, we are focusing on baselining our distribution and transportation metrics in key markets in North America, Europe, and Australia, the results of which will form the basis for setting our science-based targets in the future, as defined by the SBTi.”
As part of the company’s climate transparency drive, Henry Schein supports the World Economic Forum (WEF) proposal for companies to target net-zero greenhouse gas (GHG) emissions by 2050 or sooner. The company has also joined WEF’s Alliance of CEO Climate Leaders to help lead the global transition to a low-carbon, climate-resilient economy.
Since launching in 2019, over 650 companies globally have joined the campaign, with a combined market capitalization of more than $13 trillion. Companies committed to Business Ambition for 1.5°C receive independent validation of their targets from the SBTi and become part of the UN Climate Champions’ Race to Zero.