ABBOTT PARK, Ill., Nov. 2 Abbott (NYSE: ABT) announced today that it is saving 1 billion gallons of water annually since launching a comprehensive, global effort in 2004 to preserve natural resources through reducing use of water in the production of its nutrition and other health care products.
In 2004, the company set out to achieve a reduction in water use compared to its 2004 baseline by the end of 2011, when normalized to sales.
Abbott has nearly reached its goal of a 40 percent reduction in water use two years ahead of time as its manufacturing water use has decreased 37 percent, normalized to sales. The company has also achieved a seven percent reduction in absolute terms, while at the same time increasing production at many of its plants as demand for its products has grown.
"Abbott is committed to using water and other natural resources in a responsible and sustainable manner," said Corlis Murray, vice president, Global Engineering Services, Abbott. "Water is essential to our ability to provide our customers with the health care products from Abbott they depend on, but the quality of water we return to the environment is also important."
Abbott's global water use policy includes a commitment to:
Increasing water use efficiency
Abbott is incorporating water-saving design and technology into new and existing facilities. For example, Abbott's plant in Sturgis, Mich. is utilizing more efficient water scrubbers to control dust emissions, resulting in the saving of 8.5 million gallons of water per year. The company's Casa Grande, Ariz. plant has installed water-efficient fixtures, low water use landscaping and implemented a "Leak Tag" program which ensures leaks are detected and fixed promptly. In addition, after being sent to the local water treatment plant for cleaning, some water is now returned to the community for uses such as in landscaping and golf course irrigation.
Abbott's nutritional plant in Singapore was built from the ground up with several environmental objectives in mind, including water conservation. The plant uses water-efficient fittings, irrigation systems and cooling towers. As a result, the company received the Green Mark "Gold" certification from the Singapore Building and Construction Authority.
Understanding water stress and scarcity
Abbott is using the World Business Council for Sustainable Development's "Global Water Tool," which is helping its 40 major manufacturing plants throughout the world assess their local water needs. It compares Abbott's water uses with external data, creates performance metrics and geographic mapping, facilitates communications with internal and external stakeholders on water challenges, and fosters water conservation and efficiency.
Following water stress assessments, a number of Abbott plants have already achieved major reductions in consumption including Casa Grande (an 11% reduction since 2007) and Campoverde, Italy (a 14% reduction during the same period).
In Arizona, Abbott and its non-profit foundation, the Abbott Fund, have partnered with Project WET, the state's leading water education program for teachers and students. The program engages people of all ages in learning about water resources and conservation.
"Only through knowledge and understanding do people actually begin to apply new concepts in their lives and adopt new behaviors," said Kerry L. Schwartz Director, Arizona Project WET. "By teaming with Abbott, Arizona Project WET is making a difference in developing a culture of water conservation in Arizona."
Safeguarding the environment and preserving natural resources are an important part of Abbott's mission to improve people's health and the company's efforts to be a leader in global citizenship. In addition to water conservation, Abbott has identified increased use of cleaner and renewable energy, reductions in greenhouse gas emissions and limiting the impact of product packaging as environmental priorities. The company has set measurable goals in each of these areas to track its progress. All of Abbott's various health care businesses are examining their manufacturing processes and needs, as well as their product packaging, to develop environmentally friendly and sustainable approaches to help the company meet or exceed these goals.
Abbott was recently named to the Dow Jones Sustainability World Index and Dow Jones Sustainability North America Index for the fifth consecutive year. Abbott was one of just two U.S.-based companies in the pharmaceutical industry category to be listed on both indices. The Dow Jones Sustainability World Index ranks Abbott among the top 300 of the world's largest 2,500 companies, based on an assessment of economic, social and environmental performance.
Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 72,000 people and markets its products in more than 130 countries.
Abbott's news releases and other information are available on the company's Web site at www.abbott.com.
-- Increasing water use efficiency at its manufacturing sites worldwide -- Understanding and mitigating risks of water stress and scarcity -- Educating communities where it operates on water conservation.