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A presentation on sustainability of Pfizer using Triple Bottom Line. This was researched and presented by my colleagues and I as part of the Accounting Issues module.
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How Sustainability
Affects Decision Making
Pfizer
IntroductionBased in New York
Largest multinational company by Revenue
“World’s most valued company to patients, customers colleagues, investors, business partners, and the communities where we work and live in.”
Strong economic practice, environmental sustainability council
Reduce carbon emissions, greenhouse gases and reduce water usage
Economic Sustainability
What is Economic Sustainability?
Practicing different strategies
Utilising existing resources to an optimum amount
Achieve a responsible and beneficial balance over the long
term
Monitor, Evaluate, Measure, Track
and Report
Internal Audits, Facility Self-Assessments
Management System Reviews
Key Performance Indicators to Measure their Global
Performance
In a Business Context
“To achieve economic sustainability, the presumption that old age is more or less synonymous with dependency and disability must become obsolete”
“Global policies to support older generations created in the 20th century are not fit for the 21st-century demographic transformation.”
Theresa Firestone, head of ‘Asia - Emerging Markets’ in Pfizer
Breaking into the Ageing Asia-Pacific Population
Environmental Sustainability
What is Environmental Sustainability?
Benefiting the Environment
Responsible decisions
Future sustainability
Pfizer’s “Green Journey”
Goals for 2020
40% Reduction in Carbon Emissions 2000 – 2012
Future Reductions in Waste and Water
Involving Supply Chain Partners
Reporting on Environmental Sustainability
Key Performance Indicators
Environment, Health and Safety (EHS)
Greenhouse Gas Protocol
Annual Integrated Report
Accuracy
Transparency
Usability
SocialSustainability
Pfizer:“global presence and scale to make a difference in local communities and the world around us”
Social Sustainabilit
y
Processes, Systems, Structure
and Relationship
s
Support Generations
Create Healthy
Communities
Equitable, diverse and connected
communities
Provide a good quality
of life
Break self-imposedand societal boundaries
Better quality of lifeat every age
Share experiences with the hope to inspire
Awarded €1.3m to AGEnda to advance their efforts to become great places to grow up and grow old
Get Old Programme
Colleagues situated in underdeveloped countries
Professional and Medical expertise
Maternal health, fighting disease, use of lab equipment, etc.
Gains an insight on global health challenges and help resolve issues
ConclusionStrong internal system
Reduce pollution in the communities
Help individuals realise the value of their lives
Decision-making as seen in KPI’s and integrated report