Sustainability is a key consideration for us in all we do. That is one reason our employees are proud to work for Lonza, a Swiss company that has been successful for more than 125 years. Evolving from a producer of electricity and carbide products into a preferred global partner to the pharmaceutical, biotech and nutrition markets, Lonza has a long-standing commitment to safety and sustainability.
Our people are the cornerstone of our business, so we want all our employees to grow and develop professionally at a sustainable pace. We provide them with safe workplaces, care for their well-being and foster their involvement in creating a positive working environment.
As a baseline for whatever we do, we ensure that regulatory compliance, integrity and ethical conduct are the foundations in every place we operate. More than five years ago, we took a step up to operate even more safely and sustainably by announcing our Vision Zero, the aspiration to work without incidents and reduce emissions, water consumption and waste. This program has led to a remarkable reduction in incidents and increased efficiency.
With a long-term view to 2030, we want to reduce consumption considerably to align with the broadly accepted greenhouse gas reduction targets, with an ambition of reaching net-zero greenhouse gas (GHG) emissions by 2050. Therefore in 2023, as part of our emission reduction strategy, we have submitted a letter of commitment to the Science-Based Targets initiative (SBTi) with plans to reduce absolute scope 1 and 2 GHG emissions by more than 40% by the end of 2030 (from a 2021 base year). We have also signed a ten-year virtual power purchase agreement with renewable energy company IGNIS to generate more than 300 GWh of solar power annually, matching the company’s electricity needs across Switzerland and the European Union. Together, these agreements underline Lonza’s long-term commitment to sustainable business practice.