Zimmer Biomet (NYSE:ZBH) said this week it will participate in the US Dept. of Energy’s Better Buildings, Better Plants energy reduction programs as it looks to reduce its carbon footprint in the US and Puerto Rico.
In joining the program, the Warsaw, Ind.-based company committed to reduce energy intensity by 25% over the next 10 years, as well as reduce its water use.
Zimmer Biomet said it is already using tools from the program to establish an energy baseline, and will refine its 2020 sustainability plan to reduce energy costs and boost facility performance.
Future strategies include using renewable energy when available, LED lighting technologies, improved compressed-air systems and premium-efficiency motors.
“Zimmer Biomet recognizes that we all have a responsibility to be good stewards of energy, as evidenced by our 2015 goal to reduce our carbon footprint by 20% by 2020. This partnership will help us reach that goal and continue to reduce energy intensity over the long term. Partnering with the DOE and its subject matter experts will provide our global and local energy teams with a variety of resources to help us meet our sustainability goals and have a positive influence on our business performance. The program will provide us with new insights into cost-effective and proven strategies for reducing our carbon footprint while meeting internal quality requirements, occupant comfort and stakeholder expectations,” global operations & logistics senior VP Adrian Furey said in a prepared statement.
Earlier this month, Zimmer Biomet priced two upcoming offerings worth $750 million with proceeds slated to repay approximately $1.2 billion in outstanding senior notes due April 1, 2018.
