Jan. 23, 2013
Life Technologies Corporation
(NASDAQ: LIFE) announced today it is #33 among the "Global 100 Most Sustainable Corporations." The
2013 list was announced at the
World Economic Forum
The goal of the
is to highlight the 100 top-performing stocks worldwide on a range of sector-specific
metrics in managing environmental, social and corporate governance issues. Of the 12 key performance indicators, Life Technologies rated highly in resource management – reducing its energy use, water consumption, waste generation and CO2 emissions as a percentage of revenue.
"In the past five years, we have radically transformed our company in the pursuit of a better sustainable business model – one that is more efficient, smarter, and with a lighter footprint," said
Cristina Amorim, Chief Sustainability Officer for Life Technologies.
"Being named to the
is recognition of the many changes – both large and small – made by the people of Life Technologies."
Life Technologies is the first life science company "moving off the grid" with a
Bloom Energy fuel cell system
. The system self-generates electricity for the company's manufacturing and distribution centers in
, reducing carbon emissions by 30 percent and increasing energy reliability. By reducing both its carbon emissions and operational costs, the company is well positioned to thrive in a circular economy.
Last year the company took on Zero Waste, not only as a green initiative but also to stay ahead of regulatory requirements and cut operating costs. Manufacturing sites in
, UK; Regensburg,
have achieved Zero Waste status, meaning more than 90 percent of their non-hazardous waste now finds a home somewhere other than a landfill.
"From ideation to end of life, we challenge how we manage our raw materials, energy, water, packaging and product take-back to become ever more resource efficient," added Amorim.