Energy Conservation

Using responsible practices to conserve and create energy

We collect and report data on electricity and fuel use from our facilities worldwide. Our facilities track diesel fuel, propane, fuel oil and natural gas. Gasoline consumption is tracked for our sales fleet. The majority of the fuel consumed by our facilities is natural gas, which is cleaner burning than fuel oils. In addition to the fuel used on-site by our facilities (categorized as Scope 1 direct energy use), we also track indirect energy (Scope 2), which includes electricity purchased by Bristol-Myers Squibb. Our total absolute energy use decreased nearly four percent between 2015 and 2017 (See Key Performance Indicators table).

Our Sustainability 2020 Goals do not include explicit energy reduction targets, but do rely heavily on energy use reduction in order to achieve our GHG reduction goal of five-percent by year-end 2020 (2015 baseline). 

Energy Program

We have established a Global Energy Services team, with worldwide responsibility, and oversight of energy management throughout the Company. Program objectives are supported by a number of other company initiatives that address energy issues, including our EHS Policy, engineering standards and review of capital investments. As a result, our new facilities make use of state-of-the art, energy-efficient technologies.

Our efforts have resulted in significant recognition for our sites, and our Company as a whole.  We are a U.S. Environmental Protection Agency Energy Star® Partner, and Bristol-Myers Squibb was recognized as a 2018 Energy Star Partner of the Year – Sustained Excellence category, after having won Energy Star Partner of the Year in 2015, 2016, and 2017.  We have 12 LEED®-rated buildings (3 Gold, 8 Silver, 1 Certified) across our North American and European footprint.  Two of our sites, Anagni, Italy and Humacao, Puerto Rico, are ISO 50001-Certified for their energy management programs.  Additionally, Bristol-Myers Squibb is a U.S. Department of Energy Better Plants® Partner. 

Total Energy Use

Currently, several of our facilities around the world have systems that generate electricity on site, including:

  • Hopewell, New Jersey
  • Lawrenceville, New Jersey
  • Princeton Pike, New Jersey
  • New Brunswick, New Jersey
  • Anagni, Italy

Some of these locations have cogeneration facilities on site. Cogeneration produces electricity plus steam or hot water for site operations using one fuel (typically natural gas), thereby greatly increasing efficiency and decreasing the site's use of purchased electricity. Additional cogeneration opportunities across the company are currently being evaluated.

Through the use of our cogeneration plants, we generated approximately 25% of all electricity consumed by the Company in 2017.

Our manufacturing facility in Anagni, Italy installed solar energy photovoltaic systems to provide electricity to its offices, manufacturing areas, and the facility’s wastewater treatment plant. These rooftop solar panels produced about 37,000 kilowatt-hours of energy in 2017, which correlates to a greenhouse gas reduction of 17,400 kilograms per year.

At our new office site at Princeton Pike, New Jersey, we installed a solar photovoltaic system that generates nearly 10% of the site’s total annual electricity needs.  Our Hopewell, New Jersey site hosts a solar photovoltaic system on the roof of our parking deck that has generated over 4 million kilowatt hours of electricity since start-up in early 2014.