MacroGenics, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installation of LED lighting with energy-reducing controls system, eight EV charging stations and low-flow restroom fixtures; segregation of waste stream for landfill and recyclables (paper, aluminum, plastic, printer cartridges and e-waste).
Social Achievements
- 95% of employees reported doing high-quality work, 85% felt personal accomplishment, and 84% felt a meaningful connection to MacroGenics (based on a December 2022 employee engagement survey); 100% of employees received annual training on the Code of Business Conduct and Ethics; 72 employees were internally promoted in 2023; 623 employees participated in 26 training and development modules; Initiatives to simplify Informed Consent Forms (ICFs) for clinical trials to improve accessibility; work with Lay Advisory Groups to incorporate diverse viewpoints into research; outreach to patients from diverse and underserved backgrounds to improve representation in clinical trials; Company sponsored 43 DEI events/sessions in 2023 with 365 employee participants; 92% favorable rating for “Diversity is Valued at MacroGenics” (November 2023 Employee Pulse Survey).
Governance Achievements
- Annual training on Code of Business Conduct and Ethics for all employees; maintenance of an anonymous hotline for reporting concerns; policy of no retaliation for reporting misconduct; Board of Directors provides oversight for ESG program; Supplier Code of Conduct provided to all suppliers prior to contract.
Climate Goals & Targets
Environmental Challenges
- Assessing carbon emissions to evaluate climate-related impact and risks; managing cybersecurity risks.
Mitigation Strategies
- Currently assessing carbon emissions to develop strategies to reduce emissions and address risk; adherence to industry standards, use of malware detection software, collaboration with external specialists to manage information technology infrastructure, and cybersecurity insurance policy.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct