March 28, 2011 / 1:48 PM / 8 years ago

Glaxo swallows green pill with carbon neutral plan

LONDON (Reuters) - GlaxoSmithKline aims to be carbon neutral by 2050, cut its water consumption by 20 percent by 2015 and send no waste to landfill by 2020.

The environmental drive should save 100 million pounds a year by 2020 through reduced energy, materials and distribution costs, Britain’s biggest drugmaker said on Monday.

The commitment to have no net greenhouse gas emissions will apply to both Glaxo’s own operations and its supply chain. It will be implemented in stages, with a target to cut the overall carbon footprint by 10 percent by 2015 and 25 percent by 2020.

The commitment, set out in Glaxo’s annual corporate responsibility report, is the latest example of a large British business pledging to reduce emissions. Retailer Tesco set a target to be carbon neutral by 2050 some 18 months ago.

Reporting by Ben Hirschler; Editing by Erica Billingham

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