Sustainability, partnerships, alliances and recognition
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When we come together, we can transform the delivery of healthcare to become more resilient, equitable and net zero.
Creating sustainable healthcare and a sustainable planet for all requires collaboration. No organisation, government, or institution can do it alone. Through public-private partnerships, we can deliver innovation worldwide, at pace and at scale.
As a global organisation we have a responsibility to lead and we are committed to using our capabilities and commitments to help tackle some of society’s greatest challenges – be that climate change, biodiversity loss, access to healthcare or health equity. We work closely with a broad range of organisations, institutions and through business and non-governmental organisation (NGO) alliances to build private and public sector collaboration and initiate new programmes to achieve shared goals.
Partnership for Health System Sustainability and Resilience
The Partnership for Health System Sustainability and Resilience (PHSSR) is a non-profit, multi-country, cross-sector collaboration launched in 2020 by the London School of Economics (LSE), the World Economic Forum (WEF) and AstraZeneca, with a unified goal to improve global health by building more sustainable and resilient health systems. The partnership has since been joined by other members including Philips, KPMG, the Center for Asia-Pacific Resilience and Innovation (CAPRI) and the World Health Organization (WHO) Foundation alongside additional organisations at regional and national levels. The partnership, which has a global reach, is now active in more than 30 countries worldwide.
With collective expertise spanning health research, policy and innovation, the PHSSR has built, and continues to expand upon one of the largest bodies of work on the sustainability and resilience of health systems globally. The PHSSR is activating global leaders and partnering with national stakeholders to drive focused interventions and policy changes. In 2023, PHSSR engaged with over 40 national and multilateral platforms and events, including the World Health Assembly, the World Health Summit and at the European Parliament.
Sustainable Markets Initiative and Terra Carta
We are a founding member of the Sustainable Markets Initiative (SMI) and early supporter of the Terra Carta.
Through the Sustainable Markets Initiative Health Systems Task Force, we are partnering across the healthcare sector to accelerate the delivery of net zero health systems. In 2023, the Health Systems Task Force continued to take joint, scalable action to accelerate the delivery of net zero healthcare, with a focus on four priority areas: Supply Chain; Patient Care Pathways; Digital Healthcare; and Consumer Health & Wellbeing.
Formally launched at COP26, the Health Systems Task Force is chaired by our Chief Executive Officer, Pascal Soriot, at the invitation of His Majesty King Charles III, in his former role as His Royal Highness The Prince of Wales. The Task Force brings together CEOs or equivalents from global life sciences, healthcare systems, multilateral and policy institutions and academia.
The Terra Carta is the guiding mandate for the Sustainable Markets Initiative, providing a proposed set of principles to 2030 that puts Nature, People and Planet at the heart of global value creation.
World Economic Forum strategic partner
We have a multi-year strategic partnership with the World Economic Forum (WEF) to engage meaningfully with public, private and philanthropic stakeholders and build impactful initiatives. Through this partnership, we have collectively made progress on shared sustainability and health systems strengthening goals.
For example, our Chief Executive Officer, Pascal Soriot, is a member of WEF’s Alliance of CEO Climate Leaders, which drives bold climate action and accelerates the net zero transition. Through our AZ Forest initiative, we are also a member of WEF’s 1T.org; a platform committed to helping conserve, restore and grow one trillion trees by 2030.
In 2021, we joined WEF’s Partnering for Racial Justice in Business coalition as a founding partner to help set new global standards for racial equity in business. Related to this, we are also a member of the Global Health Equity Network, which aims to mobilise action across sectors and geographies to prioritise health equity action in organisational strategy and purpose.
Highlights from our sustainability partnerships
World Wide Fund for Nature (WWF)
In April 2020, we announced our collaboration with the World Wide Fund for Nature (WWF) Sweden. Our work together focuses on improving our water stewardship strategy and identifying opportunities to engage in on-the-ground water projects in the river basins where we operate. Find out more about Water stewardship at AstraZeneca.
Circular Bioeconomy Alliance (CBA)
We are founding members of the CBA, a collaborative platform that facilitates public-private partnerships to accelerate the transition to a circular bioeconomy that is climate-neutral, inclusive, and prospers in harmony with nature. Through our global AZ Forest programme, we are supporting the CBA to build a global network of Living Labs for Nature, People and Planet, including through reforestation projects in Brazil, Ghana, India and Rwanda. In 2023, we partnered with the CBA to publish a first-of-its kind, science-based framework for sustainable, resilient and locally appropriate landscape regeneration, the CBA Principles for Regenerative Landscape.
Innovative Health Initiative (IHI)
We are the industry lead for Innovative Health Initiative (IHI) PREMIER, a six year public-private partnership in the life sciences, on the Prioritisation and Risk Evaluation of Medicines in the Environment. PREMIER aims to deliver an innovative framework for characterising environmental risks of active pharmaceutical ingredients (APIs) and to make these tools and data more accessible to all stakeholders. Find out more about PREMIER progress.
Alliances and recognition
Access to Medicine Index
AstraZeneca’s position in the top five companies in the Access to Medicine Index (ATMI) 2024 reflects our ambition to increase equitable and affordable patient access to life-changing treatments and strengthen health system resilience. ATMI is an independent ranking of 20 of the world’s largest pharmaceutical companies and evaluates their efforts to improve access to medicine in low and middle-income countries.
CDP: Climate Change, Water Security and Forests
Ecovadis
In 2024, we maintained our Ecovadis gold status for the second year running. Ecovadis is a globally recognised sustainability rating platform that allows organisations to measure their own and their supply chain sustainability performance based on four key categories: environmental impact, labour and human rights, ethics and sustainable procurement.
Financial Times Europe’s Climate Leaders
In April 2024, for the third year running, we were listed as the top pharmaceutical company in the Financial Times’ ‘Europe’s Climate Leaders’ list. The Climate Leaders list is compiled by the Financial Times in partnership with Statista and provides a ranking of companies across Europe that considers reductions in Scope 1 and 2 greenhouse gas emissions intensity over a five year period (2017-2022 for the 2024 list), transparency around scope 3 emissions, and collaboration with sustainability assessors.
Forbes World’s Top Companies for Women
In October 2023, we were listed as one of the World's Top Companies for Women by Forbes and ranked 61st out of the 400 top companies included overall. The list was compiled by Forbes in partnership with Statista. To create the list, approximately 70,000 women for multinational corporations across 37 countries were surveyed.
MSCI: AA in ESG Ratings Assessment
In 2023, we achieved AA in the MSCI ESG Ratings assessment for the fifth year year running, described as a leader among 270 companies in the pharmaceuticals industry.
Race To Zero
We were an early supporter of the United Nations-backed Race To Zero, a global campaign bringing together businesses, cities, investors and wider stakeholders to deliver a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.
RE100, EV100 & EP100
We were the first pharmaceutical company to sign up to all three of the following Climate Group initiatives: by the end of 2025 we will reduce absolute energy use and double energy productivity compared with 2015 (EP100); we will use 100% renewable energy for electricity (RE100) and heat; and we will maximise our transition to EVs in our road fleet (EV100).
Science Based Targets initiative
Our emission reduction targets have been verified by the Science Based Targets initiative (SBTi) and we were one of the first seven companies worldwide to have our net zero, science-based Scope 1-3 targets verified under their new Net-Zero Corporate Standard.
S&P Dow Jones Sustainability Index (DJSI)
In 2023, we were again included in the Dow Jones Sustainability Index (DJSI) World and Europe indices. DJSI is the longest standing, global sustainability benchmark system.
State of Children’s Rights and Business Benchmark Report
In the Global Child Forum’s State of Children’s Rights & Business Benchmark Report 2023, we were scored as an Achiever, ranking 3rd overall in the healthcare sector (2021: 5th). In collaboration with Boston Consulting Group, the Global Child Forum assesses how the world’s most influential companies are prioritising children’s rights in their operations, using publicly available information.
Taskforce on Nature-related Financial Disclosures (TNFD)
We are an early adopter of the recommendations from the Taskforce on Nature-Related Financial Disclosures (TNFD). This means we will disclose our dependencies, risks and opportunities related to nature from 2025.
TIME100 Climate
Our CEO Pascal Soriot has been named by TIME100 Climate as one of the world’s most influential leaders driving climate action in business. The private sector has a critical role to play in responding to the climate crisis and under Pascal’s leadership, we are accelerating the delivery of net zero, resilient and equitable healthcare, through collaboration and innovation.
Universal Health Coverage 2030 (UHC2030)
We are a member of the UHC2030, dedicated to accelerating progress towards Universal Health Coverage through strengthening health systems.
