Wellspect HealthCare has received validation of its emission reduction targets from the Science Based Targets initiative

Guided by its sustainability strategy "BEYOND: Taking action for a brighter world", Dentsply Sirona has shown great determination over the years to drive improvements throughout its business to advance with confidence towards a more sustainable future. As part of this comittment, its Wellspect HealthCare business has set ambitious greenhouse gas emission reduction targets.

Charlotte, NC., 2024. Dentsply Sirona, the world's largest manufacturer of professional dental products and technologies and provider of continence care solutions, has announced that its Wellspect HealthCare business has received validation of its emission reduction targets from the Science Based Targets initiative (SBTi). The validation confirms that the greenhouse gas (GHG) emission reduction targets submitted by Wellspect HealthCare comply with the SBTi criteria and align with the 1.5°C trajectory. The SBTi has commended Wellspect for its ambitious net-zero target, currently the most ambitious designation available through the SBTi process. To date, around 8,000 companies worldwide have set science based-targets, although less than half have net-zero targets in place.

"I am incredibly proud of our Wellspect HealthCare team and the impressive strides they have made to further sustainability. The entire Dentsply Sirona organization is committed to continuing to drive toward our broad ESG goals. By defining ambitious goals, we set the course towards real change and creating a measurable positive impact for our employees, customers, communities, our industry and the planet," said Tony Johnson, SVP, Chief Supply Chain Officer and Head of Sustainability at Dentsply Sirona.

Dedication to sustainability across the company validated by results

Since formalizing its "BEYOND: Taking action for a brighter world" strategy in 2021, Dentsply Sirona has demonstrated its dedication to sustainability by making solid progress against its goals. In fact, with a view to Scope 1 and 2 GHG emission intensity and water withdrawal intensity, the company achieved its reduction goals ahead of the original 2025 timeframe and is in the process of setting new near-term goals for 2030, in support of the company's 2050 Net Zero goal. In recognition of Dentsply Sirona's progress and based on GIST impact data, the company was recently named one of "America's top 300 Greenest Companies in 2024" by Newsweek magazine.

"We aspire to be a force of positive change and are well positioned to become sustainability leaders in our industry. By leveraging today's technologies and industry know-how, we can produce a new generation of medical devices that provide more sustainable options for health care professionals and for end-product users. It is a win-win for everyone", says Chris Schlenk.

Outline of Wellspect HealthCare's Science-Based Targets

Overall Net-Zero Target: Wellspect commits to reach net-zero GHG emissions across the value chain by 2045.

Near-Term Targets: Wellspect commits to reduce absolute scope 1 and 2 GHG emissions by 80% by 2030 from a 2021 base year1 as well as absolute scope 3 GHG emissions covering upstream transportation and distribution, waste generated in operations and upstream leased assets with 42% within the same timeframe.

Wellspect further commits that 74.9% of its suppliers by emissions covering purchased goods and services, capital goods and upstream transportation and distribution will have science-based targets by 20262.

About the Science Based Targets initiative

The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments.

The SBTi defines and promotes best practice in science-based target setting and independently assesses companies' targets.

For more information on Wellspect HealthCare's sustainability strategy, visit https://www.wellspect.com/sustainability/

For more information on Dentsply Sirona's sustainability strategy BEYOND, visit https://www.dentsplysirona.com/sustainability.

The 2022 Wellspect HealthCare Sustainability Report is available for Download on the website.

The 2022 Dentsply Sirona Sustainability Report is available for Download on the website.

1 The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets Wellspect AB commits to reduce absolute scope 1 and 2 GHG emission 95% by 2045 from a 2021 base year*. Wellspect AB also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe

2 The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.

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Dentsply Sirona Inc. published this content on 23 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2024 14:30:09 UTC.