Teaneck, New Jersey, June 5, 2024–(BUSINESS WIRE)– Phibro Animal Health Corporation (Nasdaq: PAHC) is proud to release its third annual Environmental, Social and Governance (ESG) report highlighting accomplishments for 2023. At Phibro, the connection between people, animals and the planet is what drives us to optimize animal health and nutrition for better lives and a sustainable world.
“Phibro’s business lines are naturally aligned with today’s ESG and corporate responsibility thinking,” said Jack Bendheim, president, CEO and chairman of the board. “We help farmers be more efficient and sustainable by preventing animal disease, reducing waste and conserving resources – resulting in a safer, more affordable food supply for society.”
Recent studies confirm that controlling livestock diseases is beneficial for economic, environmental and social sustainability and is aligned with the United Nations Sustainable Development Goals (SDGs) for 2030. Our ESG report provides insight into the global impacts of animal health on the environment, economy and society, highlighting the importance of a One Health approach that recognises the interconnectedness of the health of people, animals and the planet.
In 2023, Phibro’s work confirms that maintaining livestock health can significantly reduce greenhouse gas (GHG) emissions. Preventing disease reduces the carbon footprint of livestock farming and improves the efficiency of food production, helping to ensure food security while mitigating climate change.
Our focus on disease prevention and animal health and nutrition reduces financial burden on farmers, allowing them to invest in sustainable practices. Healthy animals require less resources like feed and water, conserving natural resources and reducing waste. These practices align with our One Health commitment, promoting balance that benefits all life on Earth.
Phibro’s dedication goes beyond business goals. We recognize our responsibility to our communities and the planet, promoting animal health and nutrition intertwined with social and economic equality. By improving farmers’ livelihoods and ensuring a stable food supply, we contribute to reducing poverty and malnutrition, a key goal of the UN’s SDGs.
Phibro remains committed to creating meaningful connections between people, animals and the planet. Our commitment to sustainability and ethical growth guides our actions, ensuring a positive contribution to the world we share.
For more information and to read the full 2023 ESG report, please visit https://www.pahc.com/responsibility/.
About Fibro Animal Health Corporation
Phibro Animal Health Corporation is a leading global diversified animal health and nutrition company. We strive to be a trusted partner to livestock producers, farmers, veterinarians, nutritionists and consumers who own or care for farm or pet animals by providing solutions that help maintain and improve the health of their farm animals. For more information, please visit www.pahc.com.
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