The Rockefeller Foundation has launched a pioneering initiative that aims to accelerate the shift from coal-fired power generation to clean energy in developing countries. The Foundation’s Coal to Clean Credit Initiative (CCCI) is an innovative plan.

CCCI uses carbon credits to help retire old coal plants. Then, it replaces them with renewable energy sources. This work helps cut greenhouse gas emissions while supporting economic growth and boosting public health in vulnerable communities.

Introducing the Coal to Clean Credit Initiative (CCCI)

The CCCI aims to give financial rewards. This helps coal-fired power plant owners close their plants sooner than expected. It also encourages a shift to renewable energy.

The centerpiece of the initiative is a new type of carbon credit called “transition credits.” Credits are created when a coal plant shuts down early. It is replaced by clean energy sources like solar, wind, and energy storage systems. CCCI matters because:

These transition credits can be sold to companies or organizations. They help offset emissions, just like traditional carbon credits. The money from selling these credits can help replace coal plants with clean energy. It can also support workers and communities impacted by the closures.

Dr. Joseph Curtin, Managing Director for Power and Climate at The Rockefeller Foundation, remarked:

“Today’s progress update demonstrates that we are closer than ever to unlocking new benefits to people with credits that will help communities transition to clean, affordable energy. We are now focused on scaling this initiative and bringing dozens of such transactions to the market by 2030.”

Verra, a global nonprofit that certifies carbon credits, has approved the method for creating transition credits. This is a key development in the initiative. This official approval is an important step as it gives clear rules and protections.

The approved rules help ensure that the credits are high quality and provide real environmental and social benefits. The approved method aims to create jobs, improve energy access, and protect workers’ rights and local communities.

According to Mandy Rambharos, CEO of Verra,

“We need to rethink the very systems that are hurting people and the planet. Our new methodology empowers energy providers to make that shift in a way that doesn’t leave workers or communities behind and doesn’t inadvertently exacerbate energy poverty.”

Pilot Project: Transitioning the SLTEC Plant in the Philippines

The first real test of the CCCI is in the Philippines. ACEN Corporation, part of the Ayala Group, is retiring its 246 MW South Luzon Thermal Energy Corporation (SLTEC) coal plant. Originally slated to close in 2040, ACEN plans to retire the plant by 2030 using the CCCI framework.

• To fully replace SLTEC’s power output, ACEN aims to build 1,000 megawatts (MW) of solar, 250 MW of wind, and 1,000 MW of battery storage.

These clean energy sources will offer reliable and affordable electricity. They will also help reduce harmful air pollution in the region.

This transition is especially important in Batangas, where the SLTEC plant is located. The area’s population density is 31% higher than the national average, and unemployment levels are among the highest in the country.

Closing the plant and switching to renewable energy should create new permanent jobs. It will also improve local air quality. This change may reduce health problems linked to pollution. Over 726,000 people live within 20 kilometers of the plant, making the project’s public health impact significant.

ACEN is teaming up with several organizations to support this transition. Partners include GenZero, Keppel, and Mitsubishi Corporation via its subsidiary, Diamond Generating Asia. These partners will work together to ensure the project delivers both environmental and social benefits.

Scaling Up: Targeting 60 Coal Plant Transitions by 2030

The Rockefeller Foundation will expand the CCCI, building on its pilot project in the Philippines. They aim to support 60 coal plant transitions by 2030. This effort will focus on emerging markets, especially in the Asia-Pacific region.

The Foundation believes this could lead to $110 billion in investments. It may also create 29,000 permanent jobs, prevent 9,900 premature deaths each year, and cut down 640,000 lost workdays annually thanks to improved air quality.

The initiative could create about $21 billion in economic benefits. It could also help consumers in emerging economies save up to $8.3 billion each year on power costs. These figures come from early estimates by Catalyst Advisors.

Renewable energy technologies, like solar and wind, are now cheaper than coal in many markets. This is possible when they are paired with energy storage, says the International Energy Agency (IEA).

To ensure the integrity and effectiveness of the transition credits, the Rockefeller Foundation has awarded a $600,000 grant to the Integrity Council for the Voluntary Carbon Market (ICVCM Limited). This funding will help set high standards for transition credits. It will also make sure that Indigenous Peoples and local communities are included in designing and implementing future projects.

Addressing Coal Dependence in Emerging Economies

Coal-fired power remains a significant challenge for global climate efforts. Its carbon emissions rose by 0.9% (135 Mt CO₂) in 2024.

The IEA reports that coal made up about 36% of global electricity in 2023. Many emerging economies still depend on coal to meet rising energy needs. This is happening even with global pressure to reduce coal use.

Programs like the Rockefeller Foundation’s CCCI help connect climate goals with economic needs in developing countries. The initiative offers a clear plan to close coal plants early. It replaces them with clean energy sources, which reduces greenhouse gas emissions. At the same time, it protects jobs and supports communities. It also ensures reliable access to electricity.

A 2023 BloombergNEF report says emerging markets need more than $2.6 trillion for clean energy by 2050. This investment is crucial to meet global climate goals, especially net zero. Using innovative methods like transition credits can help unlock capital. This approach could be crucial for speeding up decarbonization.

The CCCI works alongside other global initiatives. One example is the Just Energy Transition Partnerships (JETP). These agreements offer financial and technical help to countries like Indonesia, South Africa, and Vietnam. They support these coal-heavy nations as they shift to clean energy.

A Model for the Future

The Rockefeller Foundation’s initiative highlights how philanthropy, private companies, governments, and financial markets can collaborate. They aim to address a tough challenge in the global energy transition: retiring coal plants early.

The CCCI combines verified transition credits, strong social protections, and clear economic benefits. This makes it a model for coal-dependent regions around the world to follow.

As more countries seek to decarbonize and meet their climate commitments, initiatives like this will likely play a growing role in shaping a cleaner, healthier, and more sustainable future.

• FURTHER READING: Big Tech’s Clean Energy Rush to Power the AI Era, With Nuclear Boosting Growth

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The U.S. wind energy sector is at a key point. Eighteen states, with New York in the lead, have sued the Trump administration. This lawsuit comes after a halt on offshore wind projects.

The lawsuit claims that stopping permits is illegal. It threatens job growth and blocks important progress in clean energy. This legal challenge will greatly affect the future of renewable energy in the U.S. The need to fight climate change is becoming more urgent.

The Legal Challenge: States Unite Against the Trump Administration

Eighteen states have come together to challenge the Trump administration. They are opposing the recent pause on wind energy project permits, especially for big projects like Empire Wind. Advocates say the legal challenge is vital. It’s key for both renewable energy progress and the economic health of the states involved.

New York’s Attorney General Letitia James remarked:

“This administration is devastating one of our nation’s fastest-growing sources of clean, reliable, and affordable energy. This arbitrary and unnecessary directive threatens the loss of thousands of good-paying jobs and billions in investments, and it is delaying our transition away from the fossil fuels that harm our health and our planet.”

The lawsuit highlights key issues. States say the pause disrupts project timelines. This leads to higher financing risks and job losses in clean energy sectors. The states, including strongholds like California and Illinois, say they need quick action.

They want to fight against the federal interference’s negative effects. They highlight how it harms investments meant for job creation in renewable energy industries.

The states say the Trump administration’s choice shows wider policy issues. They warn this could harm the U.S. competitive edge in the global clean energy market. They think the administration is delaying important wind energy projects. This could hurt the country’s chances of meeting its climate goals.

The Global Wind Energy Council (GWEC) reports that global offshore wind capacity exceeded 75 GW by the end of 2023. Europe and China are at the forefront of this growth.

China alone installed nearly 5 GW of offshore wind in 2023, reflecting its aggressive expansion into clean energy markets. In contrast, the U.S. has under 50 MW of operational offshore wind power. This highlights how permitting delays widen the competitive gap.

• RELATED: Equinor’s 5B Wind Project Pause Raises Concerns for U.S. Offshore Wind Industry

Impact on Job Growth and Clean Energy Development

The wind energy sector currently supports over 120,000 jobs nationwide and generates approximately 10.2% of the country’s electricity. As of Q4 2023, the U.S. boasts more than 145 GW of installed wind capacity, yet the halt on permitting threatens to stifle this growth.

Analysts say the pause might cause a loss of about $2.6 billion in the affected states. If the freeze continues, it could endanger jobs in the wind sector. Many related jobs in construction, manufacturing, and engineering are also at risk.

Offshore wind projects may take time to develop, but they offer great chances for job creation and economic growth. Current estimates show over 40 GW of announced offshore wind capacity. This signals a growing industry that attracts multinational investments.

Top companies like Ørsted, Equinor, and BP are already making their mark. They boost local economies by improving infrastructure and creating jobs.

The U.S. Department of Energy (DOE) estimates that developing 30 GW of offshore wind capacity by 2030 could create up to 77,000 jobs and reduce 78 million metric tons of carbon emissions.

Moreover, the National Renewable Energy Laboratory (NREL) says offshore wind could provide up to 2,000 terawatt-hours (TWh) of electricity each year. This amount is about 50% of the total U.S. electricity use in 2023.

The states’ legal challenge shows the need for a stable permitting process. This stability is crucial for the wind sector to grow effectively. Analysts predict that the industry will have the following growth trajectory.

Global Race Heats Up as U.S. Stalls Offshore Wind

The current landscape for U.S. wind energy is marked by substantial uncertainty due to the halting of project permits. Offshore wind investment is expected to top $100 billion by 2035. This could create around 83,000 new jobs. However, ongoing federal chaos could push investors to seek safer markets in Europe and Asia.

According to BloombergNEF, global investment in offshore wind hit a record $76.7 billion in 2023, with Europe capturing over 45% of this total. Meanwhile, U.S. offshore wind investment was just over $4 billion last year. This shows how policy inconsistencies slow down capital compared to other countries.

Despite the inherent challenges, the fundamentals of the U.S. wind energy sector remain strong. The current project pipelines, worth billions, show a strong demand for renewable investments. This is especially true in the Northeast.

The ACP says a clear permitting process is key. It helps restore investor confidence and re-establishes the U.S. as a leader in clean energy innovation.

Coastal local economies are eager for offshore wind projects. They hope these initiatives will boost growth in shipbuilding, port construction, and turbine manufacturing. The Business Network for Offshore Wind states that more than 1,500 U.S. companies are in the offshore wind supply chain.

However, permitting freezes could slow down the growth of this ecosystem. The delay in permits, along with ongoing uncertainty, slows progress. This may hurt statewide energy goals that aim to cut emissions and boost economic growth.

Winds of Change: What’s at Stake for U.S. Climate Goals

As the legal proceedings advance, the battle over wind project permitting encapsulates broader conflicts surrounding energy policies in the United States. This state lawsuit’s outcome could set a key precedent. It may impact not only wind energy but also the entire clean energy sector in the future.

The stakes are high, and as climate actions intensify globally, the U.S. must resolve its policy inconsistencies to keep pace. This legal challenge affects more than just energy projects. It ties into national goals from the Paris Agreement and the move towards net-zero emissions.

The former Biden administration aimed for 100% carbon-free electricity by 2035. It also targeted net-zero emissions across the economy by 2050. Offshore wind is key to meeting these goals. The federal plan aims for at least 30 GW of offshore wind by 2030 and 110 GW by 2050.

Stakeholders are watching closely, hoping for a resolution that allows for the swift restoration of permitting processes. The Trump administration will need to navigate these challenges carefully as it strives to restore investor confidence and ensure a sustainable future for renewable energy.

• READ MORE: Gone with the Wind: Is This the End for Wind Energy?

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Microsoft has made significant strides in its sustainability initiatives by expanding its partnership with Stockholm Exergi to a groundbreaking $1.4 billion agreement focused on carbon dioxide removal (CDR).

Microsoft Enhances Carbon Removal Commitment via Expanded Partnership with Stockholm Exergi

This enhanced collaboration is not only set to capture 800,000 tonnes of CO₂ annually starting in 2028, but will also aim for over 5 million tonnes of climate-impactful removals over a decade.

This deal marks the largest permanent CDR commitment made by any corporation to date and sets a new standard in the realm of carbon removal technologies.

The Bioenergy with Carbon Capture and Storage (BECCS) model is central to this agreement. According to the International Energy Agency (IEA), BECCS is anticipated to account for 10-15% of the cumulative CO₂ removal required to achieve global net-zero goals by 2050.

However, the current state of BECCS deployment is modest, with only about 2 million tonnes being captured annually as of 2023. Nevertheless, there are growing signals of investment and policy momentum that indicate an inflated demand for these technologies.

Operational and planned BECCS capture capacity vs. the Net Zero Scenario, 2022-2030

Understanding the Market Dynamics Behind BECCS

The growing interest in carbon credits and sustainable practices is transforming the CDR sector. The global market for carbon dioxide removal, which includes both engineered and nature-based solutions, was valued at $2.1 billion in 2023, with forecasts suggesting it could burgeon to over $100 billion by 2030.

As the market matures, BECCS is anticipated to play a critical role in meeting carbon reduction targets.

Specifics of the Stockholm Exergi facility demonstrate its potential to serve as a pivotal case study in scaling BECCS operations within urban energy systems. The facility already utilizes biomass for district heating, perfectly aligning with Sweden’s supportive regulatory framework. Carbon pricing in Sweden exceeds $130 per tonne, creating a conducive environment for the large-scale implementation of CDR projects.

• MUST READ: What Is Carbon Dioxide Removal? Top Buyers and Sellers of CDR Credits in 2024

Microsoft’s Sustainability Strategy and Commitment

Microsoft’s long-standing commitment to sustainability includes an ambitious goal to achieve carbon negativity by 2030, alongside a plan to remove all historical emissions by 2050.

In fiscal year 2023 alone, the tech giant secured 1.4 million tonnes of carbon removal, 40% of which originated from engineered solutions like BECCS.

This partnership with Stockholm Exergi significantly broadens Microsoft’s portfolio and illustrates corporate confidence in long-duration carbon removal technologies.

• RELATED: Microsoft and Stockholm Exergi Strike Historic Deal for 3.33 MTs of Carbon Removal

Implications for Future Carbon Markets

As the demand escalates for transparent and verifiable CO₂ removal, standards are tightening. Independent evaluations, such as those provided by Carbon Direct, have become essential in validating the effectiveness and durability of carbon removal projects.

These due diligence efforts establish credibility, which is increasingly important as both regulatory frameworks evolve and the voluntary carbon market matures.

This strategic alignment between a tech giant and a leading sustainable energy company can reshape perceptions and expectations within the carbon credits market.

Corporations like Microsoft, Stripe, and Shopify are spearheading commitments to advance-market purchases, showcasing their roles as key players in promoting durable carbon removal solutions.

As the regulatory landscape shifts to favor permanent and measurable CDR solutions, BECCS is projected to command a growing premium in the voluntary carbon market. Industry experts predict that as more companies adopt similar long-term agreements, the viability of these technologies will be more widely recognized, transforming the CDR landscape.

The Broader Context of Climate Change Mitigation

The urgency of climate change mitigation continues to push organizations to reconsider their environmental footprints critically. Enhancing commitments like Microsoft’s partnership with Stockholm Exergi highlights the growing significance of green technology in addressing climate challenges.

The collective aim is to navigate complex environmental landscapes and foster sustainable practices that align with global climate goals.

In summary, the partnership between Microsoft and Stockholm Exergi exemplifies the power of collaboration in combating climate change through cutting-edge technology and innovation. As the carbon removal market evolves, such initiatives will be pivotal in driving transparency and accountability while fostering a more sustainable future.

• MUST READ: Carbon Markets in 2025: A New Era of Accountability, Quality, and Transparency

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In the first quarter of 2025, pharmaceutical giants Novartis and AstraZeneca posted impressive financial results. Both were driven by strong drug performance and strategic investments.

At the same time, each firm made notable strides in reducing carbon emissions and pushing toward ambitious sustainability targets. This head-to-head comparison looks at their Q1 2025 financial performance and environmental impact to see which company came out on top.

Novartis Sales Jump in Q1 2025

Novartis delivered a strong start to 2025, reporting first-quarter sales of $13.2 billion—up 15% in constant currency. This surpassed analysts’ estimates of $13.12 billion. As a result, the company raised its full-year outlook. It now expects high single-digit sales growth and low double-digit growth in core operating income.

Operating income surged 44% to $4.7 billion, while net income rose 37% to $3.6 billion. Core operating income reached $5.6 billion, driven by solid sales and disciplined spending.

Blockbuster Drugs Power Growth

Several key medicines fueled this strong performance:

• Entresto: $2.26 billion (+22%)
• Cosentyx: $1.53 billion (+18%)
• Kisqali: $956 million (+56%)
• Leqvio: $257 million (+72%)

Moreover, Novartis continued to focus on four high-impact areas like cardiovascular, immunology, neuroscience, and oncology. At the same time, it increased investments in cutting-edge platforms like gene therapy, radioligand therapy, and xRNA. The company also pushed for deeper market penetration in the US, China, Germany, and Japan.

Cash Flow Up, But Debt Grows

Free cash flow jumped 66% to $3.4 billion. However, net debt rose to $22.3 billion. This increase was mainly due to a $5.3 billion dividend payout, share repurchases, and investments in intangible assets.

Growth Outlook Remains Strong

Looking ahead, Novartis plans to accelerate growth through innovation and new product launches. It remains committed to R&D, digital technologies, and global expansion. Backed by strong cash generation and solid credit ratings, the company remains well-positioned for the rest of the year.

Vas Narasimhan, CEO of Novartis commented,

“Novartis has had a strong start to the year, delivering a +15% cc increase in sales and a +27% cc rise in core operating income in Q1. Our priority brands, including Kisqali, Kesimpta and Leqvio, continue to show strong momentum, which we anticipate will drive our growth through 2030 and beyond. We also achieved significant innovation milestones in the quarter, with new approvals for Pluvicto in the pre-taxane setting, Vanrafia for IgA nephropathy, and Fabhalta for C3G. Additionally, we completed global submissions for remibrutinib in CSU, the first indication for this promising pipeline-in-a-pill. We remain focused on advancing our leading pipeline and confident in achieving our growth outlook.”

Novartis on Track to Meet 2025 Sustainability Goals

Novartis is making steady progress toward its environmental goals. The company has already met its 2025 targets for reducing water use and waste. The Taskforce on Nature-related Financial Disclosures (TNFD) framework guides its broader sustainability efforts, showing a deep commitment to protecting the planet.

Big Cuts in Carbon Emissions

Novartis is cutting its carbon footprint aggressively. It plans to reach carbon neutrality in Scope 1 and 2 emissions by 2025. It follows the Science-Based Targets initiative and supports global efforts to limit climate change to 1.5°C.

By 2030, it aims to slash emissions by 90% from 2022 levels. The company also targets a 42% cut in Scope 3 emissions from suppliers and product use.

Scope Emissions

• In 2023, Scope 1 and 2 emissions totaled 298 tCO₂e, and Scope 3 emissions were 4,529 tCO₂e.

Most of the company’s environmental impact, about 95%, comes from direct operations such as land use, water use, and upstream emissions.

• Novartis intends to achieve net-zero emissions across its entire value chain by 2040.

Clean Energy Initiatives

The pharma giant plans to switch to 100% renewable electricity by 2025. To meet this goal, it’s investing in clean energy projects like biomass steam systems, electric boilers, solar thermal energy, and electric vehicles for its fleet.

The company also works closely with suppliers to add environmental standards to its contracts.

Water and Waste Goals Achieved

Novartis has reduced water usage at key sites, especially in water-stressed regions. It ensures no harmful impacts on water quality from its factories, labs, or suppliers.

On the waste front, the company plans to reduce disposal by 30%, making its operations cleaner and more efficient.

New Focus on Nature and Raw Materials

The company is expanding its efforts to protect nature and improve raw material sourcing. Some measures include biodiversity assessments at sites near sensitive ecosystems and creating nature management plans where needed.

Additionally, it’s shifting to more sustainable materials, starting with paper-based packaging.

Novartis is building a greener future through innovation, strong partnerships, and responsible action. From carbon cuts to water savings, the company is proving that environmental progress and business growth can go hand in hand.

• ALSO READ: Pfizer Plans to Reach Net Zero by 2040

AstraZeneca’s Q1 2025: Sales and Profit Soar on Strong Drug Performance

AstraZeneca posted a 10% rise in revenue at constant exchange rates, reaching $13.59 billion in Q1 2025, up from $12.68 billion last year. This growth came from strong demand for cancer and biopharma drugs across all key markets. The company’s net profit grew by 34% to $2.92 billion.

Tagrisso Leads the Pack

Tagrisso, AstraZeneca’s top lung cancer drug, generated $1.68 billion in sales. It was the company’s highest-selling medicine and the biggest driver of growth this quarter.

Furthermore, AstraZeneca saw strong R&D progress with five positive Phase III trials and 13 new drug approvals in major regions. Key oncology trials included DESTINY-Breast09, SERENA-6, and MATTERHORN.

Smart Deals to Fuel Long-Term Growth

In the first quarter of 2025, AstraZeneca made several smart business moves to strengthen its pipeline and technology base. It is heavily investing in cutting-edge technologies and expanding its global research and development (R&D) presence. These moves are aimed at driving long-term growth and staying ahead in the biopharma space.

JV for Vaccine Launch

• Launched a vaccine joint venture in China with BioKangtai and entered research partnerships with Syneron Bio and Tempus AI to boost innovation in cancer treatment.

Advancing Cell Therapy

• Proposed to acquire EsoBiotec to enter the in-vivo cell therapy space. EsoBiotec’s technology allows for “off-the-shelf” cell therapies, meaning ready-to-use treatments that don’t require custom patient cells.

Exploring Novel Drug Technologies

• Partnered with Harbour BioMed to develop multi-specific biologics, which can target multiple disease pathways at once.
• Teamed up with Syneron to create macro-cyclic peptides, a new type of molecule that could improve how drugs work in the body.

Improving Drug Delivery Methods

• Gained exclusive rights to ALT-B4 from Alteogen. This technology helps deliver drugs under the skin instead of by IV.
• Working on subcutaneous (under-the-skin) versions of several cancer drugs, making treatment faster and more comfortable for patients.

AstraZeneca’s Q1 2025 results show a strong push toward future-ready healthcare solutions. With new partnerships, acquisitions, and delivery tech, the company is setting itself up for long-term success in global markets.

Pascal Soriot, Chief Executive Officer, AstraZeneca, commented on the results:

“Our strong growth momentum has continued into 2025 and we have now entered an unprecedented catalyst-rich period for our company.

Already this year we have announced five positive Phase III study readouts, including most recently the highly anticipated DESTINYBreast09 for Enhertu, as well as SERENA-6 for camizestrant and MATTERHORN for Imfinzi; the latter two of these will feature in the ASCO 2025 plenary sessions, reflecting the significance of these data to the oncology community.

Our company is firmly committed to investing and growing in the US and we continue to benefit from our broad-based source of revenue and global manufacturing footprint, including eleven production sites in the US covering small molecules, biologics as well as cell therapy. Additionally, we have even greater US investment in manufacturing and R&D planned, leveraging our two large R&D sites in Gaithersburg MD and Cambridge MA. Overall, we are making excellent progress toward our ambition of eighty billion dollars in Total Revenue by 2030.”

AstraZeneca is Driving Sustainability with Science and Action

AstraZeneca is making major progress on its journey to a net-zero future. Through its ambitious “Ambition Zero Carbon” strategy, the company is investing $1 billion to cut emissions, switch to clean energy, and lead the healthcare sector toward a more sustainable model.

• AstraZeneca plans to go carbon negative by 2030.

Scope 1 and 2 Emissions

The company has significantly reduced its direct emissions. Gross Scope 1 and 2 GHG emissions (market-based) dropped from 200,838 tonnes in 2023 to 139,594 tonnes in 2024, highlighting substantial progress in cutting emissions across its operations.

Since 2015, AstraZeneca has reduced its Scope 1 and 2 greenhouse gas emissions by an impressive 77.5%. The company remains firmly on track to meet its ambitious target of a 98% reduction in these direct emissions by 2026.

Scope 3 Emissions

In 2024, AstraZeneca reported 5,897,822 tonnes of Scope 3 emissions, slightly down from 5,917,160 tonnes in 2023, showing a small but steady reduction in indirect emissions.

This progress reflects AstraZeneca’s strong commitment to climate action through clean energy use and operational efficiency.

Electric Fleets and Smarter Energy Use

• 63% of company vehicles are now fully electric; the goal is 100% by 2025
• 97% of the electricity used at company sites comes from renewable sources
• Energy consumption has dropped 20% since 2015
• Energy productivity has jumped 147%, showing better efficiency with less energy use

AstraZeneca’s progress shows how innovation, science, and sustainability can work hand-in-hand to build a healthier planet.

Clean Heat for Global Sites

AstraZeneca is replacing fossil fuels with clean, renewable heat at its sites around the world:

• US: Partnered with Vanguard Renewables to turn food and farm waste into renewable natural gas. Will heat all US R&D and manufacturing sites by 2026.
• UK: Working with Future Biogas to supply green gas to major UK sites (Macclesfield, Cambridge, Luton, Speke).
• China: Partnering with China Resources Gas to bring clean heat to its Wuxi plant, aiming to cut emissions in China by up to 80%. This is the first clean heat deal of its kind in the Chinese healthcare industry.

A Focus on Circular Solutions

AstraZeneca is cutting waste and reusing more materials. Instead of throwing things away, it focuses on recycling and the smarter use of resources.

The company is reducing single-use plastics. It’s also improving packaging to be more eco-friendly. In addition, AstraZeneca is working closely with suppliers to make greener choices.

Its factories now reuse materials and recycle more. As a result, operations are cleaner and more efficient. These efforts help protect the planet and inspire change across the healthcare industry.

So, Who Won the Profit and Net-Zero Game? 

Novartis outperformed financially due to blockbuster drugs and strong cost discipline, while AstraZeneca led the way on sustainability, with steeper carbon cuts and near-complete renewable energy use.

• MUST READ: AstraZeneca’s Reforestation Initiative | $400M | Carbon Credits

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