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GSK

CEF Lead Executives

Sustainability Goals

Current Sustainability Goals

Impact on Climate


2025 Goals

  • Achieve 100%  renewable electricity (scope 2)


2030 Goals

  • Achieve 80% reduction in carbon emissions and invest in nature-based solutions for the remaining 20% of our footprint (all scopes)


2045 Goals

  • Achieve net-zero emissions across our full value chain (all scopes, 2020 baseline) relying on high-quality carbon credits for a maximum of 10% residual emissions.


— We have re-submitted our new carbon targets and pathway to the Science Based Targets Initiative to verify that they align to a 1.5° pathway, following the demerger of our Consumer Healthcare business

— We have submitted our 2045 target to the Science based Targets Initiative for verification by their Net Zero Standard

— We disclose progress against these targets annually in our Annual Report and ESG Performance


Impact on Nature 2030 goals

Water

  • 100% of our sites to achieve good water stewardship by 2025 and reduce overall water use by 20% by 2030
  • Water neutral in operations and with key suppliers in water-stressed regions
  • Zero impact active pharmaceutical ingredient levels (below the predicted no-effect level) for all sites and key suppliers


Waste and materials

  • Zero operational waste (including a 20% reduction in routine hazardous and non-hazardous waste), including eliminating single use plastics (where regulatory obligations allow, and excluding plastics which are critical to product discovery and development and health & safety)
  • 25% environmental impact reduction for our products and packaging
  • 10% waste reduction from supply chain


Biodiversity

  • Positive impact on biodiversity at all GSK-owned sites
  • 100% of agricultural, forestry and marine derived materials sustainably sourced and deforestation free

Latest Sustainability Reporting

Highlights


  • Reached 89 million people in lower income countries with its vaccines and antiretrovirals in 2023.
  • Reduced Scope 1 and 2 operational emissions by 10% from 2022.
  • GSK’s low-carbon rescue metered dose inhaler (MDI) medication, which would reduce GHG emissions from its use by 90%, became ready for phase III trials. (Use of MDIs make up 48% of company’s total emissions.)
  • Decreased overall water use by 24% and by 11% for sites in high water-stress regions (2020 baseline).
  • 89% of direct high-risk suppliers achieved the company’s minimum EcoVadis score or have an improvement plan in place.
  • 23% of its top 30 suppliers by carbon emissions have submitted science based targets for validation, with eight of those approved.
  • Women held 45% of VP-and-above roles globally in 2023, up from 42% in 2022.
  • Ethnically diverse leaders held 35.7% of VP-and-above in the U.S. in 2023, up from 31.3% in 2022.

Recent News

2024

GSK / IGNIS GSK, in partnership with Schneider Electric, announced a Virtual Power Purchase Agreement (VPPA) with renewable energy group IGNIS. This VPPA will facilitate the supply of 200 GWh of renewable electricity certificates per year. This VPPA will account for approximately 50% of GSK’s total electricity demand in Europe for 12 years, starting in mid-2026. Schneider Electric advised during the project evaluation and PPA negotiation phases. (March 2024)

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2023

 Will start Phase III trials of a low emissions version of its metered dose inhaler, using a next generation propellant, in 2024. This could reduce GHG emissions from inhaler use by approximately 90%. (The current propellant accounts for 49% of GSK’s carbon footprint.) (Dec 2023)

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Joined the CEF member network August 2023!


2022

GSK launched a Sustainable Procurement program that will require and support suppliers to take action on carbon, power, heat, transport, water, waste, and sustainable deforestation-free sourcing of materials. Specific areas of action include disclosing emissions; setting carbon reduction targets; switching to renewable energy; achieving water neutrality in water stressed areas; waste reductions of 10%; aligning to the company’s responsible sourcing minimum standards; and, for transport suppliers, providing green transport solutions. (Sept 2022)

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The Carbon Call — Twenty corporate, scientific, philanthropic, and intergovernmental organizations, hosted by the ClimateWorks Foundation, launched a new collaboration to accelerate the development of reliable and interoperable carbon accounting, with a focus on carbon removal and methane, indirect, and land-sector emissions. Participating organizations will work to advance universal accounting methodology standards, expand access to reliable GHG emissions and removal data, and strengthen the interoperability of digital accounting infrastructure. Corporate signatories (including CEF member Microsoft plus Capricorn Investment Group, EY, GSK, KPMG, and Wipro) commit to annually and transparently reporting on their GHG emissions and offsets, including all scopes and classes. (Feb 2022)

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2021

Lowering Emissions by Accelerating Forest finance (LEAF) Coalition — A public-private initiative to mobilize more than $1 billion to protect tropical forests from deforestation, protect the rights of local Indigenous Peoples, and support sustainable development in emerging economies. Coordinated by nonprofit Emergent, it involves the U.S., the U.K, Norway, and corporate partners Amazon, Airbnb, Bayer, Boston Consulting Group, GSK, McKinsey, Nestlé Salesforce, and Unilever. (April 2021)

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