Baxter highlights progress towards sustainability goals

Baxter has published its sustainability report for 2010, highlighting the progress made towards corporate responsibility goals last year.

During the 12-month period, the healthcare firm has been able to decrease its water usage by ten percent in absolute terms and by 31 percent indexed to revenue compared to 2005.

Net greenhouse gas emissions fell by seven percent in concrete terms in 2010, while almost $80 million (50 million pounds) was provided by the Baxter International Foundation to address global needs via company cash contributions, product donations and grants.

This is the 12th consecutive year that the firm has released a report on its social, economic and environmental goals and performance.

Robert Parkinson Jr, Baxter's chairman and chief executive officer, said: "The initiatives and performance detailed in our annual sustainability report demonstrate our values, leadership and commitment."

According to the firm's most recent financial report, Baxter saw a better-than expected fiscal performance during the first quarter of 2011.