At Teleflex, we believe that Corporate Social Responsibility (CSR) is integral to living our Core Values and meeting our strategic and commercial objectives. CSR encompasses our aspirations as a company as well as the practical ways we address evolving Environmental, Social and Governance (ESG) standards to identify and quantify our sustainability and societal impact. Our commitment to CSR builds trust with our key stakeholders, including employees, patients, customers, and investors. It improves our ability to manage risk, reduces costs, and benefits the communities where we operate as we continue to advance our purpose “to improve the health and quality of people’s lives.”
Our CSR Pillars serve as a framework as we move toward setting meaningful and measurable goals and enhancing transparency and disclosure relating to our CSR program. We are committed to ensuring responsibility remains a driving factor in our corporate governance. We continue to observe strong business ethics grounded in morality and compliance, while mitigating risks and seeking out and implementing environmentally sound operational practices. We focus on people through professional development and employee programs centered on health, well-being, inclusion and safety, and enhance our humanitarian aid and medical grants process to ensure a more effective approach. Finally, we encourage and provide volunteer opportunities in support of our local communities.
Teleflex has responded to the SBTi’s urgent call for corporate climate action by committing to align with 1.5°C and net-zero through the Business Ambition for 1.5°C campaign. Teleflex is proud to announce the SBTi has validated Teleflex’s near-term science-based emissions reduction target, whereby Teleflex committed to reduce absolute scope 1 and 2 GHG emissions 54.6% by 2032 from a 2019 base year. Teleflex also committed to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations and business travel by 32.5% within the same timeframe. The SBTi has also validated Teleflex’s long-term science-based emissions reduction target, whereby Teleflex committed to reduce absolute Scopes 1, 2, and 3 GHG emissions 90% by 2050 from a 2019 base year.