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McKesson

CEF Lead Executives

Sustainability Goals

Sustainability Goals

Focus Areas to Drive Environmental Stewardship Across the Enterprise

  • Increase LED lighting to lessen our footprint (achieved an estimated average reduction of 23% in its electricity use at participating buildings due to LED installations across 30 locations as of 2021)
  • Monitor and benchmark energy use
  • Bring in renewable energy to move toward the future 
  • Optimize buildings with integrated technology and real-time analytics 
  • Work toward environmental certifications as we grow 
  • Transportation: more efficiency, less impact
  • Energy reduction for outsourced fleets
  • Energy reduction for our in-house fleet
  • Redistribution Center model
  • Employee travel and commuting

Latest Sustainability Reporting

Highlights


  • In December 2022, McKesson’s near-term climate change targets received approval from the Science Based Targets initiative (SBTi).
  • Signed a Virtual Power Purchase Agreement to buy 15MW of renewable energy associated with a solar project in Texas expected to be operational in 2024.
  • Optimized distribution routes in FY23, reducing fuel consumption by 9.2% (263,000 gallons) while increasing package delivery by 4.4%.
  • Is shifting from cardboard to renewable shipping containers, which is estimated to eliminate nearly 60 million cardboard boxes annually.
  • Through its paperless invoicing pilot, is reducing waste and printing by 51,000 sheets of paper each day. Its invoice reduction in 2023 also reduced 2.5 million sheets (116 tons of paper) by reducing multiple invoice copies.
  • Women made up 62%, and people of color made up 47%, of overall workforce. Women made up 42% of McKesson leadership, and people of color made up 26%.
  • Received distinction as one of “America’s Greatest Workplaces for Diversity” and one of “America’s Greatest Workplaces for Women” by Newsweek in 2023.

Recent News

2023

Environmental, Social, and Governance (ESG) Framework (The International Federation of Pharmaceutical Wholesalers (IFPW)) — IFPW launched an ESG framework and toolkit to serve as a resource for pharmaceutical wholesalers and distributors. The framework is intended to create global alignment and consistency across the pharmaceutical sector regarding how to effectively communicate and report on the impact of ESG initiatives to advance the supply chain. Guidance includes: addressing carbon emissions, energy use, and climate change; environmental stewardship through waste management, packaging design, and regulatory compliance; protecting access to medicine and advancing global equity; human capital management through diversity, equity, and inclusion initiatives; and ethics compliance and human rights throughout the supply chain. The framework leverages insights from a wide range of healthcare organizations, including CEF member McKesson. (Feb 2023)

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2021

32 companies that have prioritized their workers during the COVID-19 pandemic (e.g., by establishing safety practices, disclosing demographic details to drive racial equity, worker benefits) have outperformed companies on the Russell 1000 by 8.6%, according to a JUST Capital ranking of companies “leading for their workers” by industry. CEF members BlackRock, Chevron, Comcast, Dow, Ford, JPMorgan Chase & Co., Lockheed Martin, McKesson, and Procter & Gamble are among the 32 companies featured. (Sept 2021)
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