February 28, 2025- Cardinal Health published its Fiscal 2024 Environmental, Social and Governance (ESG) Report, summarizing the company’s progress in key priority areas. Highlights of the new Report, which describes work during the fiscal year ending on June 30, 2024, include:
- Reducing environmental impact: Cardinal Health received approval from the Science Based Targets initiative (SBTi) for its near-term science-based climate targets for Scopes 1, 2 and 3 GHG emissions that:
- Reduce absolute Scopes 1 and 2 GHG emissions 50% by fiscal 2030 from a fiscal 2019 base year;
- Ensure that 75% of the company’s suppliers by spend, covering purchased goods and services and upstream transportation and distribution, will have science-based targets by fiscal 2028.
Since fiscal 2019, the company has reduced its Scopes 1 and 2 emissions by 17%, not only reducing environmental impact, but also generating savings across its businesses and responding to changing customer expectations. Cardinal Health also has begun working more closely with suppliers to achieve the second of its science-based targets.
- Building an inclusive work culture that works for all
- Increasing equitable access to healthcare:
- Improving employee safety
- Expanding supply chain due diligence