Here at Teva, we are committed to understanding the broader impact of our business on our consumers, employees, communities and the environment at large. While we're just one brand, we recognize that we're in a unique position to galvanize sustainable business practices, and we don't take that responsibility lightly.
Our Teva fans are everything to us, and we admire your passion for ethically-made, environmentally-conscious products. As such, we're committed to communicating our efforts with full transparency. While sustainability is a long journey, we can say without a doubt, it's one of the most rewarding ones. In our constantly-evolving world, we find it absolutely necessary to protect our people, maintain our purpose and preserve the environment for future generations. That's our Teva promise.
Sustainable development goals
Joining the United Nations Global Compact (UNGC) in 2016 was a no-brainer. We proudly teamed up with over 9,500 participating companies that comprise the world's largest corporate sustainability initiative. The move signified a deeper commitment to conducting business with the utmost respect for human rights, labor standards, responsible environmental practices and anti-corruption. This partnership requires an annual statement of progress (our Corporate Responsibility Report) which helps keep us accountable. We're proud to report that we’ve adopted our own sustainable development goals (e.g. our "7 by 2027") focused around categories that we can most greatly impact. Things like Waste, Water, Materials, Chemicals, Climate and Clean Energy, Human Rights, and Gender Equality and Quality Education, just to name a few. We like to think of our Sustainable Development Goals as guardrails of ourlisa program – they help keep us focused on making a difference in quantifiable ways.
(relates to SDG 12, 15)
Seek sustainable alternatives for key materials, sourcing at least 90% from suppliers certified by third party benchmarking organizations.
(relates to SDG 7, 12, 13)
Sustainably reduce waste generation among key factory partners by 50% through prevention, reduction, recycling and reuse.
(relates to SDG 6)
Reduce consumption and improve quality. Ensure 90% of our core factory/supplier partners apply industry best practice on water treatment and usage.
Gender Equality & Quality Education
(relates to SDG 4, 5, 10)
Promote diversity, gender equality, female empowerment, and inclusion for all.
(relates to SDG 3, 6)
Achieve environmentally sound management of chemicals and reduce the discharge of hazardous chemicals among our key factory/supplier partners by 50% to minimize adverse impact on human health and the environment.
Climate and Clean Energy
(relates to SDG 7, 12,13)
Reduce energy consumption and integrate climate change measures into our policies and planning, including the installation of solar panels at all our California non-retail facilities.
(relates to SDG 3, 4, 5, 10)
Embed Human Rights across our operations and supply chain. Positively impact the communities where we operate.
For more information, please contact the Corporate Sustainability and Responsibility Department at firstname.lastname@example.org.