Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee Engagement, Recruitment and Retention
• Diversity, Equity, and Inclusion
• Occupational Health and Safety Management
• Clinical Trial Program and Safety
• Access to Medicines
• Product Safety
• Supply Chain Management
• Community Engagement
• Energy Management
• Waste Management
• Business Ethics
• Data Security and Privacy

Environmental Achievements

• Reduced greenhouse gas emissions (Scope 1 and 2 combined) from 2358 MT CO2e in 2022 to 2418 MT CO2e in 2023. All biological waste diverted from landfill and recycled.
• Installed electronic car charging stations at Cranbury, NJ facility.
• Implemented energy-efficient appliances, power monitoring, and LED lighting.

Social Achievements

• Overall employee turnover reduced by over 60% in the first half of 2023 compared to the same period in 2022. On track to end the year at or under 20% overall turnover.
• Launched Rocket First Connections program to support new employee onboarding.
• Celebrated Black History Month with company-wide events.
• Hosted Family and Science Night and Rocket Day of Service.
• Participated in World Heart Day.
• Implemented Employee Value Proposition (EVP) with three pillars: Opportunity, Well-Being, and Connection.
• Offered tuition reimbursement, professional development stipends, and internal mobility programs.
• Launched Rocket University training program, including a Gene Therapy Development Training program.
• Achieved 50% female representation and 48% BIPOC representation in the workforce; 40% BIPOC representation in senior leadership and 69% in people management roles.
• $10,000 donation to Make-A-Wish New Jersey and $10,000 to UNICEF.
• Employee donation matching program up to $10,000 per employee.

Governance Achievements

• Formalized ESG Steering Committee in 2022.
• 100% of employees completed ethics training on the Code of Business Conduct and Ethics.
• Established a Compliance and Ethics Helpline for anonymous whistleblower reports.

Climate Goals & Targets

Environmental Challenges

• Data limitations due to company stage and refinements in measurement methods.

Mitigation Strategies

• Ongoing evaluation of reporting metrics and improvement of data collection methods.

Supply Chain Management

Responsible Procurement

• Robust supplier risk management program including quality audits.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB