Full Press Release Details
Reduced greenhouse gas emissions by 20%
Improved access to Lilly insulins in the U.S.
Nearly doubled patients reached in resource-limited settings through global health efforts
INDIANAPOLIS , May 22, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY ) today released its latest Environmental, Social and Governance (ESG) report showing progress towards the company's ambitious sustainability goals, which are critical to maintaining a strong and resilient company.
Notable sustainability highlights in the report include:
"Since Lilly was founded nearly 150 years ago, we've aimed to have a positive impact on patients, communities and the environment," said Lilly's Head of ESG, James Greffet . "Sustainability is critical to our resiliency as a business and is integrated into how we fulfill our purpose of creating medicines that make life better for people."
Other environmental progress includes expanding use of solar energy at the company's global facilities and outperforming the biotech and pharmaceutical company average with an A- score for climate and water submissions from CDP in 2022 .
Diversity, equity and inclusion (DEI) continue to be a priority for Lilly. For five consecutive years, Lilly has been in the top five of the DiversityInc Top 50 Companies for Diversity list. Additional DEI highlights in 2022 include establishing an annual global DEI conference for employees and exceeding many of its Racial Justice Commitment goals – among them, increasing the company's spending with Black-owned businesses from $143 million in 2020 to $358 million in 2022.
Under Lilly 30x30, Lilly recently announced novel collaborations to improve quality healthcare in low- and middle-income countries, including with EVA Pharma to increase the supply of affordable, high-quality insulin in Africa ; and with UNICEF to improve the lives of more than 10 million young people living with noncommunicable diseases. These and other efforts help meet U.N. Sustainable Development Goals .
"Lilly has plans to introduce several additional potential medicines in 2023 and our sustainability strategy provides a foundation for us to continue to deliver on our commitment to patients around the globe," continued Greffet.
To learn more about Lilly's 2022 ESG goals and progress, visit https://esg.lilly.com/ .
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Lilly's latest Environmental, Social and Governance report and progress towards Lilly's sustainability and other goals and reflects Lilly's current beliefs and expectations. However, there can be no assurance that Lilly will achieve its goals and objectives or that Lilly will execute its strategy as planned. For further discussion of risks and uncertainties relevant to Lilly's business that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
1 Terms and conditions apply. Automatically applied at the majority of retail pharmacies for those with commercial insurance. Government restrictions exclude people enrolled in federal government insurance programs from Lilly's $35 solutions. But federal law provides that Medicare Part D beneficiaries also pay no more than $35 per month for insulin.
| Refer to: | Carrie Munk; [email protected] ; 317-416-2393 (Media) |
| Joe Fletcher; [email protected] ; 317-296-2884 (Investors) |
SOURCE Eli Lilly and Company