Avantor, Inc. (NYSE: AVTR), a global leader in supplying mission-critical products and services to the life sciences and advanced technologies industries, has unveiled its 2024 Sustainability Report. This report showcases Avantor’s significant advancements in 2023 across four key sustainability pillars: People & Culture, Innovation & Environment, Community Engagement, and Governance & Integrity.
Michael Stubblefield, President and CEO of Avantor, emphasized the importance of the Science for Goodness platform to their business strategy and stakeholder value. He stated, “We are pleased with the progress we have made and remain committed to creating a better, healthier world.”
Key highlights from Avantor’s 2024 Sustainability Report include:
- People & Culture: Avantor achieved a top score on the Human Rights Campaign’s 2023 Corporate Equality Index, a survey measuring LGBTQ+ workplace equality. One-quarter of associates participated in Associate-Centric Teams (ACTs) to promote workplace inclusion and respect.
- Innovation & Environment: Avantor surpassed its 2025 emissions reduction target two years early, achieving a 16.7% reduction in operational greenhouse gas emissions from 2019 to 2023. New targets for 2030 aim to further reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% from a 2020 baseline.
- Community Engagement: The Avantor Foundation awarded over $1.2 million in grants in 2023 to support healthcare services and STEM education in underserved communities. Avantor associates volunteered nearly 10,000 hours to organizations worldwide.
- Governance & Integrity: Avantor launched the Responsible Supplier Program in 2023 to enhance supplier performance in climate change, human rights, resource circularity, and nature conservation. Over 340 suppliers, representing 45% of the supplier spend, have been enrolled in the program.
Avantor’s commitment to sustainability is evident in its efforts to drive positive change in the workplace, environment, and communities worldwide.
