We have demonstrated our commitment to environmentally responsible operations by reducing our impact on the environment in multiple areas of our global business. Sustainable operations are a wise investment, improving efficiency and creating value.
Amgen's 2020 Environmental Sustainability Plan
Amgen's 2020 Environmental Sustainability Plan, our second plan since 2008, covers the full scope of our business, allowing us to gain a better understanding of our overall environmental impact and integrate sustainability into our products and processes. The plan is focused on driving sustainable practices in the areas of research, development, and manufacturing; transportation and distribution; commercial operations; sourcing; and products and packaging. As part of our plan, we are committed to achieving specific targets.
Amgen's environmental sustainability performance toward this plan is governed through facility- and corporate-level management reviews. One key component of Amgen's corporate-level governance of environmental sustainability is the Sustainability Council. The Council, which includes representation by leaders from a wide cross section of company functions, provides guidance on the implementation of our environmental sustainability plan. In addition, our executive leadership reports our environmental sustainability progress to the Corporate Responsibility and Compliance Committee (CRCC) of our Board of Directors. The CRCC assists the Board in overseeing Amgen's activities in the areas of corporate responsibility and compliance. For more information on Amgen's corporate governance and the Board of Directors, visit the Leadership section of our website.
Transparency and Materiality
We have evaluated the areas of environmental sustainability that are most material* to us from a Global Reporting Initiative perspective. In identifying material environmental aspects, we've weighed many factors, such as our impact on the environment, the potential effects of climate change, and benefits to our business through greater operational efficiencies and cost savings. The results are shown graphically in the figure below. Our reporting reflects the environmental sustainability impacts that we are addressing through our 2020 plan.
Environmental Sustainability Materiality Assessment Based on Reporting Importance
In order to ensure that our environmental sustainability strategies and communications remain relevant and aligned with stakeholder expectations, in 2016 we initiated a process to update our assessment of key stakeholder perspectives. In 2017 we will be engaging with those stakeholders to gather updated perspectives to facilitate continuous improvement of our responsibility strategies and communication.
Sharing Best Practices
Amgen participates with academic and industry leaders to gain knowledge and share best practices for making the research, development, and manufacture of our medicines more environmentally sustainable. We belong to the American Chemical Society Green Chemistry Institute's Pharmaceutical and Biopharmaceutical roundtables, participate in the Pharmaceutical Environmental Group (a peer-based group that shares best practices for environmental sustainability in the pharmaceutical industry), and engage in a number of industry initiatives to promote more sustainable processes for research and development and manufacturing.