Baxter has again been recognized as one of the "Global 100 Most Sustainable Corporations" by Corporate Knights Inc., an independent Canadian-based media company focused on sustainable development. The list is announced each year during the World Economic Forum in Davos, Switzerland, and includes the corporations that have been most proactive in managing environmental, social and governance issues, and those with strong strategic management capabilities, capacity for innovation and ability to respond to changing competitive forces.
Baxter has been recognized as a Global 100 company since the list's beginning in 2005. Baxter is one of two healthcare companies globally, and the only U.S. healthcare company, to have been recognized in the Global 100 each year since the list was first published.
From its inception on February 1, 2005 to December 31, 2011, the Global 100 Most Sustainable Corporations has achieved a total return of 41.70 percent, outperforming its benchmark, (the MSCI All Country World Index at 29.30 percent) by more than 11 percent.
The Global 100 includes companies from 22 countries encompassing all sectors of the economy, with collective annual sales in excess of $3.02 trillion, and 5,285,645 million employees. Sixty-eight percent of the companies on the 2011 list remained on the list in 2012.
The list reviews several key performance indicators including energy consumption, carbon emissions, water productivity and waste productivity, among other factors.
Baxter's History in Sustainability: Baxter's commitment to being a responsible corporate citizen began more than three decades ago when it established its first formal environmental program and policy in 1977. Since then, some of the company's efforts related to sustainability have included establishing The Baxter International Foundation in 1986, publishing its first formal ethics manual in 1989, introducing the company's first work/life benefit program in 1991 and establishing the Corporate Responsibility Office to oversee the company's ethical practices in 1993. Since 1988, Baxter has reduced packaging materials, reduced water and waste and taken steps to conserve energy. The company has significantly reduced air toxics, and taken significant steps to reduce Baxter's greenhouse gas emissions.
Recognition for Sustainability Efforts: In addition to the Global 100 list, Baxter is included in the Dow Jones Sustainability Index and has been recognized by Corporate Responsibility Officer magazine as one of the 100 Best Corporate Citizens. Also, for the third year, Baxter ranked first in the healthcare category of Newsweek's Green Rankings.
Sustainability Priorities: The company's nine sustainability priorities – which are each supported by several related goals - are broken down into three broad categories: Our People, Our Operations and Products, and Our World. Although Baxter continues to address a broad range of issues related to sustainability, these nine priorities help the company focus its efforts on key issues of concern to Baxter and its stakeholders and those areas where the company is uniquely positioned to make a positive impact.
To learn more about Baxter's sustainability initiatives, please visit http://sustainability.baxter.com.