Pfizer Pharmaceutical Company: The World's Largest Pharmaceutical Company

The Pfizer Energy and Climate Change Program: Leadership

Fossil fuels like oil, gas, and coal are a limited, non-renewable natural resource that we rely on to meet most of our energy needs. Scientific evidence continues to support greenhouse gas (GHG) releases, which occur as a by-product of fossil fuel combustion and include carbon dioxide (CO2) emissions from burning fossil fuels, as a primary contributor to global climate change. As an environmental leader, Pfizer has been public in its efforts to address climate change. We have established public goals and achieved significant CO2 emission reductions, energy conservation, and cost savings.

Pfizer has had a Corporate Energy Conservation Guideline since 1996 and an internal energy and climate change program since 2000. We seek to minimize the cost and operational restrictions arising from a carbon constrained environment, reduce GHG emissions, assess risks to our operations, and adapt to the changes of a warming global climate. We have also been recognized globally, regionally, and locally for our commitment to address these challenging issues.

Did You Know?

In September 2007, Pfizer was named to the Climate Disclosure Leadership Index (CDLI) by the Carbon Disclosure Project (CDP), a not-for-profit coalition of more than 315 global investors. Pfizer was one of 68 Fortune 500 companies — and the only pharmaceutical company — named in the CDLI, a prestigious honor roll for global corporations.

September 2008 — for the second consecutive year, Pfizer is named one of the top 34 companies in the carbon-intensive sector and has been recognized by the Carbon Disclosure Project (CDP). Our approach to climate change is again included in CDP's Carbon Disclosure Leadership Index (CDLI).

In 2006, we were one of the first companies to successfully trade energy efficiency credits generated in the State of Connecticut.

Climate Change and Human Health — Making the Link

Climate change is happening and experts believe it is adversely impacting global human health. As a healthcare company with a commitment to working together for a healthier world, we at Pfizer are concerned about these health impacts. According to the World Health Organization, extreme weather, flooding and changes in infectious disease patterns are just some of the ways climate change will negatively affect health around the world, particularly, though not exclusively, in developing countries. Industry, governments and the public all have a responsibility to address this evolving global health and environmental challenge — for Pfizer that means continuing our efforts to reduce our green house gas (GHG) emissions, maintaining our efforts around infectious disease and continuing our commitment to improving access to medicines.

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Commitments and Actions

Review Pfizer's goals and commitments to energy and climate change and learn about specific programs and actions in place throughout our organization.

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Learn how Pfizer’s Energy and Climate Change initiatives are making a difference.

"Warming of the climate system is unequivocal, as is now evident from observations of increases in global average air and ocean temperatures, widespread melting of snow and ice, and rising global average sea level."

(IPCC Fourth Assessment Synthesis Report - Nov 17, 2007)

Pfizer Recognized for its Climate Change Efforts:

"Pfizer is a leader among its peers through its voluntary reductions in greenhouse gas emissions and commitment to renewable energy," CDP Chief Executive Paul Dickinson said. "Good corporate governance in respect of climate change disclosure will inevitably reap its rewards. As carbon regulation increases, those companies that have implemented climate change related strategies are clearly going to be in a far better position to meet the challenge of higher carbon prices than companies that have procrastinated. Good disclosure practices are synonymous with good management."

(Newswire Sept. 22, 2008)