Our Path to Net Zero
Chiesi has set an ambitious goal to achieve Net Zero greenhouse gas (GHG) emissions across its entire value chain by 2035, coinciding with the 100th anniversary of the company's foundation. Reaching this objective requires reducing absolute emissions by at least 90% and limiting reliance on carbon removal to no more than 10% of residual emissions.
Through these efforts, Chiesi is aligning its climate strategy with the Paris Agreement and its ambition to limit global warming to 1.5°C above pre-industrial levels by 2100. Chiesi’s targets have been assessed and approved by the Science Based Targets initiative (SBTi) and cover Scope 1, Scope 2, and Scope 3 emissions:
An ongoing commitment
As part of our commitment to emissions reduction, as seen with our work on Carbon Minimal Inhalers (CMI), we measure our Greenhouse gas emissions in line with the GHG Protocol, which is subject to annual third-party audit and verification.
Additionally, we recognize the importance of taking a public stance to raise awareness about the climate crisis and drive positive social change and legislation. This has included supporting an Economist Impact report, titled “Cleaner air, clearer lungs, better lives” which explored how air quality affects health disparities and lung health.
A governance-led approach
Our climate governance, strategy, and risk management are aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and we publish a TCFD report annually as part of our ESG reporting.
