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"As a healthcare company dedicated to saving and sustaining lives, thecritical nature of our work naturally aligns with sustainability," said RobertL. Parkinson, Jr., Baxter's chairman and chief executive officer. "Theestablishment of Baxter's sustainability goals will help us monitor theprogress we make in each priority area in working toward a more sustainablefuture."
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The sustainability goals focus company efforts in the priority areas ofBaxter employees, Baxter operations and products, and the world in which thecompany operates. They reflect issues of key concern to Baxter and itsstakeholders and areas where the company is uniquely positioned to have apositive impact. Examples include:
-- Reducing greenhouse gas emissions 45 percent indexed to revenue from2005 baseline to drive reductions in the company's carbon footprint by 2015;
-- Reducing total waste generation 30 percent indexed to revenue from 2005baseline to drive reductions in the company's natural resource use by 2015;and
-- Increasing R&D investment to improve access to healthcare fordeveloping and emerging economies by 2015.
Other goals were established in areas such as diversity, ethics andcompliance, product stewardship and education. A complete list of Baxter'ssustainability goals and priorities is available athttp://sustainability.baxter.com.
Other initiatives highlighted in the 2007 report include:
-- Baxter's manufacturing facility in Cartago, Costa Rica, became thecountry's first to be recognized as a "carbon-neutral" facility by offsetting100 percent of its greenhouse gas emissions, joining other Baxter sites,including the company's corporate headquarters;
-- The company launched an employee wellness campaign, BeWell@Baxter,which offers an expansive array of programs and resources to help thecompany's 46,500 employees and their families stay well; and
-- Total giving by Baxter and The Baxter International Foundation reachednearly $55 million in product donations, cash contributions and foundationgrants, including more than $31 million in product donations to 53 countriesfor disaster relief and humanitarian aid.
Baxter's comprehensive 2007 Sustainability Report is available online athttp://sustainability.baxter.com. An abridged print version and a summarybrochure are also available online or via e-mail at [email protected]. Thereport is aligned with the Global Reporting Initiative guidelines and featuresin-depth reporting across key sustainability topics, including communitysupport, employees, environment, health and safety, ethics and compliance,governance, and product responsibility.
About Baxter
Baxter's commitment to sustainability spans three decades. The companyhas been recognized by Innovest Strategic Value Advisors as one of the Global100 Most Sustainable Corporations in the World and by Corporate ResponsibilityOfficer magazine as one of the 100 Best Corporate Citizens in the UnitedStates. Baxter is a member of the Center for Corporate Citizenship at BostonCollege, the Business Environmental Leadership Council of the Pew Center onGlobal Climate Exchange, the Chicago Climate Exchange, the U.S. EPA's ClimateLeaders, the Ethics & Compliance Officer Association and Hospitals for aHealthy Environment. Baxter endorses the Ceres principles and i