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Johnson & Johnson
Johnson & Johnson pledged to reduce its greenhouse gas emissions from all facilities worldwide to 7% below 1990 levels by 2010, and to reduce vehicle fleet emissions by 30% per mile driven over 2003 levels by 2010.
By 2006, Johnson & Johnson reduced its emissions to 16.8% below 1990 levels, despite more than tripling revenue over the same period. The company’s energy efficiency programme resulted in an estimated US$30 million annualized savings over the last 10 years, and the greenhouse gas reduction projects achieved an average 16% internal rate of return.
Johnson & Johnson is currently the second largest corporate user of on-site solar photovoltaic energy in the United States, and were one of the largest corporate purchasers of wind power in the country in 2005.
In 2005, Johnson & Johnson estimated that its vehicle fleet of around 35,000 vehicles produced about 250,000 tonnes of CO2 emissions. The company planned on-going action to better estimate and report mobile emissions, in order to fulfill its respective reduction commitment.
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