Since 2007, Amgen has implemented projects resulting in a 33% reduction in carbon emissions, a 30% reduction in water use and a 28% reduction in waste disposed. These reductions were achieved even as the Company increased production capacity, expanded our presence to approximately 100 countries and grew revenues significantly. In January 2021, Amgen launched our third set of environmental sustainability targets focused on achieving carbon neutrality from our operations, further reducing water use by 40% and waste disposal by 75% by 2027.1
2027 Target Design
Amgen's 2027 environmental sustainability plan is designed to track the program's progress through deliberate efforts. Amgen established its targets using a baseline taken from performance in 2019. We selected 2019 because impacts from COVID-19 resulted in atypical results in 2020.
Amgen has created a portfolio of projects and initiatives to achieve our targeted reductions by 2027. We track the results of these projects and initiatives as they progress towards the respective reduction targets, counting results where reductions are confirmed through a formal measurement and verification process. We believe that this approach provides more thoughtful and transparent progress towards our targets.
Amgen's approach to achieving carbon neutrality has a primary focus on innovative and efficient technologies to reduce and eliminate carbon emissions from Amgen-owned operations and procurement of renewable energy. For operations in which carbon emissions cannot be eliminated, Amgen supports additional environmental and sustainability projects that sequester or avoid greenhouse gas emissions. Additionally, Amgen's plan includes engaging with our partners to assist with and help encourage carbon reductions throughout our value chain.
- Carbon neutrality goal refers to Scope 1 and 2 emissions. Reductions take into account only verified reduction projections, do not take into account changes associated with the contraction or expansion of the Company and are measured against a 2019 baseline.