Dentsply Sirona announced today its updated sustainability strategy, the release of its inaugural sustainability report, and new sustainability hub on its website. Dentsply Sirona’s disclosure is aligned with the guidelines from the Sustainability Accounting Standards Board (SASB) and the Task Force for Climate-related Financial Disclosures (TCFD).
“Sustainability is fundamental to our mission and vision. We strive to create long term value for all our stakeholders by supporting our customers to provide world-class dental care, while integrating sustainability and lifecycle thinking into everything we do,” said Jorge M. Gomez, Chief Financial Officer, Dentsply Sirona and chair of the Dentsply Sirona Environmental, Social and Governance (ESG) Committee.
Aligned with 10 UN Sustainable Development Goals (UNSDGs), Dentsply Sirona’s sustainability strategy focuses on three strategic pillars: “Healthy Planet”, which strives to mitigate the environmental impact of our operations; “Healthy Smiles”, which focuses on improving oral health quality and access globally, supporting our customers and fostering a healthy company culture; and, “Healthy Business”, which ensures our business is built via responsible and transparent practices and the effective integration of sustainability principles across all aspects of our business.
2020 sustainability highlights and the next milestones:
Healthy Planet highlights:
- Established a robust baseline for Scopes 1 and 2 greenhouse gas (GHG) emissions, and implemented a range of on-site emissions reduction initiatives
- Set out to reduce Scopes 1 and 2 GHG Emissions Reduction ≥ 15% by 2025, and to achieve net zero carbon emissions (scopes 1-3) by 2050
- 6% YOY decrease in total waste (solid and hazardous) per measure of net sales, and set out to reduce total waste ≥15% by 2025
- Established a goal to reduce water withdrawal for manufacturing/warehouse operations by ≥15% by 2025.
Healthy Smiles highlights:
- Trained more than 1 million dental professionals in 2020
- Nearly 7,300 Clinical Education and training courses conducted in 80 countries
- Set goal to achieve 25 million smiles by 2025
- Working to achieve gender parity and gender pay parity by 2025
- More than $10 million provided in cash and in-kind donations to philanthropic and community initiatives
Healthy Business highlights:
- 50% of Board members are gender and/or ethnically diverse, with average tenure of 5 years
- 60% of Board committees chaired by women
- 91% of Board is independent (all except Chief Executive Officer)
Joining forces to achieve more
Dentsply Sirona is partnering on a series of initiatives designed to move the dental industry forward towards a more sustainable future. Dentsply Sirona is a Founding Partner in the FDI World Dental Federation’s “Sustainability in Dentistry” initiative, joining GSK, Procter & Gamble, Colgate and TePe to create a Code of Good Practice, which will provide guidelines and objectives for achieving a sustainable procurement and supply process throughout the dental industry.
“The world is facing major environmental, social and economic challenges, and all sectors need to step up and play their part,” says Don Casey, Chief Executive Officer, Dentsply Sirona. “As a global leader in dentistry, Dentsply Sirona has a responsibility to go above and beyond to create a more sustainable future – empowering not only our employees, but our customers, partners and peers to take action with us.”
DENTSPLY SIRONA SUSTAINABILITY REPORT is available for > Download on our new Sustainability Hub.
IMAGES are available for > Download on the website.
ABOUT DENTSPLY SIRONA
Dentsply Sirona is the world’s largest manufacturer of professional dental products and technologies, with over a century of innovation and service to the dental industry and patients worldwide. Dentsply Sirona develops, manufactures, and markets a comprehensive solution offering, including dental and oral health products as well as other consumable medical devices under a strong portfolio of world class brands. Dentsply Sirona’s products provide innovative, high-quality and effective solutions to advance patient care and deliver better and safer dental care. Dentsply Sirona’s headquarters are located in Charlotte, North Carolina. The company’s shares are listed in the United States on NASDAQ under the symbol XRAY. Visit www.dentsplysirona.com for more information about Dentsply Sirona and its products.
This information and any attachment thereto contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are not guarantees of future performance. These forward-looking statements reflect views and assumptions regarding expectations and projections about future events and are based on currently available information or information available on the date of any document incorporated by reference. You can generally identify these forward-looking statements by the use of words such as “may,” “could,” “estimate,” “will,” “believe,” “anticipate,” “think,” “intend,” “expect,” “project,” “plan,” “target,” “forecast”, and similar words and expressions. However, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements and may include statements relating to future revenues, expenses, margins, profitability, net income/(loss), earnings per share and other measures of results of operations and the prospects of future growth of our business. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. For a discussion of such risks, uncertainties and other matters that could cause actual results to differ materially, including risks relating to, among other factors, the market for dental products and services, pricing, future sales volume of the Company’s products, the possibility of changing economic, market and competitive conditions, dependence on products, dependence on key personnel, technological developments, intense competition, market uncertainties, dependence on distributors, ability to manage growth, dependence on key suppliers, dependence on key members of management, government regulation, our ability to integrate the businesses of Dentsply Sirona, acquisitions and affiliations, readers are urged to carefully review and consider various disclosures made by the Company and Dentsply Sirona in their public filings, including in their Annual Reports on Form 10-K and in their reports on Forms 10-Q and 8-K filed with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on such statements, which speak only as of the date hereof. Except as required by law, the Company does not assume any obligation to update any forward-looking statements contained in this document or the attachments to reflect new information or future events or developments after the date any such statement is made.
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