Kenvue Inc. (NYSE: KVUE), the company behind popular brands like Aveeno®, Neutrogena®, Listerine®, and Tylenol®, is accelerating its climate action strategy under the Healthy Lives Mission. The company recently released its first Task Force on Climate-related Financial Disclosures (TCFD) report, marking significant progress in aligning its business operations with climate change mitigation.
Commitment to Sustainable Operations and Renewable Energy
Kenvue’s climate goals are part of the Healthy Planet pillar, which focuses on sustainability across its value chain. The company aims to use 100% renewable electricity in its operations by 2030. As of 2024, Kenvue has expanded its renewable energy capacity through onsite solar installations at its Sezanne, France, and Madra, Greece manufacturing sites, generating 1.75MW and 0.186MW of power, respectively. Additional solar projects are planned in Cape Town, South Africa, Minhang, China, and Jakarta, Indonesia, enhancing the company’s efforts to boost renewable energy usage.
Addressing Scope 3 Emissions Through Supplier Engagement
To tackle Scope 3 emissions, Kenvue introduced the Supplier Climate Action Program, launched in July 2024. The initiative encourages suppliers to establish science-based targets to decarbonize their operations, especially in purchased goods, services, and upstream transportation. Additionally, Kenvue has joined the Energize program to educate suppliers on renewable electricity sourcing.
Collaborative Efforts to Drive Net-Zero Goals
Kenvue’s approach to sustainability involves active collaboration within industry coalitions. The company is a member of the WWF Climate Business Network and the Renewable Thermal Collaborative, among others, to support broader climate action. It recently joined the Forum for the Future’s Climate and Health Coalition, aiming to integrate human health and climate systems for positive outcomes.
Kenvue’s initiatives signify a comprehensive approach to sustainable development, addressing key energy market trends and advancing solar energy investments to meet ambitious environmental goals.
Source: apnews.com
