Results
Accelerating impact through complementary leadership
The unique partnership between the finance and supply chain teams has proven transformative for AdventHealth's environmental sustainability program. By aligning financial and supply chain capabilities, AdventHealth has established a robust framework that bridges operational and environmental sustainability objectives, helping the entire organization elevate the program to a board-level priority.
This strategic structure has created strong buy-in from executives and board members, securing crucial resources and support for ambitious targets, including a 50% emissions reduction by 2030. "We're fortunate as leaders because much of our C-Suite is in support of our environmental sustainability work and helping to resource this program," says Roy. This has translated into tangible commitments: dedicated budgets for sustainability initiatives, integration of climate considerations into investment decisions, and robust data collection.
Measurable success: From renewable energy to accelerated, data-driven reporting
In less than four years, AdventHealth has leveraged its enhanced data capabilities to develop and implement concrete environmental sustainability initiatives. The organization has set ambitious targets—including net zero emissions by 2050—while taking immediate action through renewable power purchase agreements and facility-specific plans.
A key focus has been expanding renewable energy adoption across its facilities. Through partnerships with utility companies nationwide, AdventHealth has made significant strides in supporting local renewable-energy projects. One such program is SolarTogether, a community solar program that has enabled two AdventHealth locations to source over 61 percent of their energy usage from in-state renewable energy sources as of 2023, avoiding the release of over 20,000 tonnes of carbon dioxide and other air pollutants. At its Orlando campus, AdventHealth has installed more than 1,800 solar panels on one of its parking garages, generating 1.3 million kilowatt hours annually—equivalent to powering 70 American homes for one year. As a result, it has been credited over $300,000 since October 2020 by its local power company.
Additionally, AdventHealth also launched a solar project at its corporate campus, installing 7,500 panels which produce roughly three megawatts of capacity. In February 2024, AdventHealth signed and began receiving electricity from its first virtual power purchase agreement (VPPA) with Colorado-based renewable energy developer Scout Clean Energy, which will match approximately 40% of AdventHealth’s electrical usage.
Beyond renewable energy initiatives, AdventHealth has also pioneered innovative approaches to tracking health care-specific carbon outputs and developed targeted supplier engagement programs to address scope 3 emissions.
The focus on data quality has been particularly crucial, helping them build credibility through reliable metrics and enabling confident decision-making backed by accurate numbers. This data-driven approach has proven essential for building investment cases and tracking progress across their network of facilities. And, with quality data at their fingertips in Watershed, they’ve been able to reduce the time to create annual reports from over six months to three months.
“Having high-quality data in Watershed that we can rely upon means we don't have to question our own credibility when we stand up and speak to leadership about these things. We're standing on a good platform, we can credibly talk about our plans, and we can confidently take action.”
Rob Roy,
Chief Investment Officer and Co-Head of Environmental Sustainability
AdventHealth’s environmental sustainability program's success has sparked widespread enthusiasm throughout the organization. [19] "We've been blown away by the number of ideas that have popped out of the woodwork across the organization," Roy notes. "People were already working on these things—we've just given them license and voice by solidifying our program."
This groundswell of engagement has been matched by sustained executive support. As Farabaugh explains, "We're fortunate that our CEO, CFO, CAO and C-suite are also leading the way and fully support this work.”
Future-proofed sustainability
AdventHealth is poised for its next phase of environmental sustainability impact: going into 2025, each of its 50+ facilities will work with the corporate team to develop their own environmental sustainability plan, enabling individual hospitals to drive tailored, high-impact initiatives while maintaining organizational alignment. The organization is also expanding its supplier engagement initiatives and deepening its focus on health care-specific emissions sources.
"The purpose of any of this type of work is at a global level, much bigger than a single organization," Farabaugh reflects. "We can't accomplish this purpose alone. The network effect both internally with our stakeholders and externally amongst our suppliers is crucial. If we can help people understand this work is important and accessible with tools like Watershed at our disposal, we can keep telling the story and accelerating all of our impact."