3rd May 2019

Novo Nordisk to meet 100 percent renewable energy target

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A Danish pharmaceutical firm is expecting to meet its 2020 renewable energy goals following investment in vast solar installation.

Novo Nordisk has invested in a 672-acre solar panel installation in North Carolina, US, covering an area the equivalent of 500 football fields. 

The installation will provide enough renewable power for the company’s entire US operation from early 2020, paving the pathway to meet its goal of only sourcing renewable power for its production facilities by 2020.

This would make it the first pharmaceutical company to meet targets set under the RE100 initiative. 

In addition, the firm has also set a new target of achieving zero CO2 emissions from all operations and transport by 2030. The goal is part of its ‘Circular for Zero’ environmental strategy, aimed at transforming Novo Nordisk into a company that has zero environmental impact through minimised consumption, recycling or reuse of all its waste, and work with suppliers to embed circularity in its supply chain.

Lars Fruergaard Jørgensen, president and CEO, said: “More than 29 million people use our medicines and from early next year, they can do so knowing that they’re produced using only renewable electricity.

“By committing to achieve zero emissions across our operations and transport by 2030 and by applying a circular mindset across our entire business, we are working towards a day when we will be able to say that Novo Nordisk is a company with zero environmental impact.”

Joe Murphy, CE100 lead at Ellen MacArthur Foundation, said: “We are happy that Novo Nordisk has become the first pharmaceutical company to join CE100, which is the world’s leading circular economy network.

“Novo Nordisk brings a track record of delivering on their commitments, having already shifted to 100% renewable power within its production.

“With its 10-year ambition to implement circularity across the company, Novo Nordisk now belongs to a select group of leading organisations who are breaking new ground on the transition to a circular economy.”

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