Energy and Climate Change: Commitments and Actions

Goals and Commitments:

• To meet our second generation GHG public goal by reducing our CO₂ emissions by 20 percent on an absolute basis between 2008 and 2012 (baseline 2007).
• To achieve 35 percent of our electricity needs by 2010 through the use of cleaner energy technologies, such as co-generation.
• To reduce CO₂ emissions by 35 percent per million dollars of revenue by 2007 from baseline year 2000.
• To reduce the GHG emissions from our 32,000 automobiles worldwide.
• To evaluate our scope 3 emissions and their contribution to our overall carbon footprint.
• To fulfill our responsibilities under the UN Global Compact "Caring for Climate: Business Leadership Platform".
• To effectively manage the financial implications and opportunities associated with our energy conservation projects.
• To identify the operating risks and business opportunities presented by a changing global climate.

Programs and Actions:

• Pfizer Global Energy Team: A cross functional, cross divisional team responsible for coordinating, supporting and implementing business level climate change and energy goals.
• Demand Side Management Program: Reducing energy use by implementing company-wide energy conservation guidelines, goals and programs, tracking and reporting energy use and GHG emissions, and monitoring progress.
• Supply Side Energy Program: Reducing GHG emissions by developing guidelines and tools to procure clean energy, support facility cleaner energy projects and monitor progress.
• U.S. Environmental Protection Agency's Climate Leaders Program: Partnering with other leaders to reduce GHG emissions. In 2002, Pfizer became a Charter member of this program, an industry partnership with the USEPA that works with companies to develop long-term, comprehensive climate change strategies.

• Learn more about the USEPA Climate Leaders Program

• Regularly Scheduled Reviews: Quantifying and auditing total annual energy use worldwide to identify energy conservation opportunities and develop and implement conservation targets and actions.
• Global Fleet Services: Supporting "driving to a greener future" programs that seek to minimize direct emissions from our fleet by using alternative fuel and hybrid vehicles, partnering with fuel providers to support green energy projects, and developing a monitoring system to measure program effectiveness.
• Efforts to identify operating risks and business opportunities: Evaluating the operational risks presented from rising ocean levels and severe storm events and evaluating our role in the response to the implications of changing disease patterns associated with a changing global climate.
• Partnerships with Stakeholders: Collaborating with external stakeholders to ensure that energy and climate change policy is targeted towards achieving workable solutions.

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