Climate Change Data

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions
• Resource Efficiency
• Diversity, Equity & Inclusion (DEI)
• Employee Health & Safety
• Product & Service Quality
• Product Lifecycle Management
• Supplier Management
• Data Privacy & Security

Environmental Achievements

• Avoided emission of 1,440,257 pounds of GHGs in Houston plant by using GHG emissions free electricity (equivalent of removing 242 passenger vehicles driven for one year)
• Prevented consumption of 1,883,136 kWh of electricity compared to standard freezers (equivalent to 1,725,871 pounds of GHG emissions avoided)
• Paris, France operations moved to a new facility designed with high French environmental standards and equipped with solar panels

Social Achievements

• Enhanced online corporate training programs related to diversity, harassment and discrimination
• Targeted outreach to under-represented groups in recruiting programs
• Achieved a 99.89% delivery success rate, enabling 13,477 additional patients to receive therapies and potentially 1,334 intended parents to have successful IVF cycles

Governance Achievements

• Formalized Cryoport’s Sustainability Strategy
• Developed a system to collect data on a global scale for quantifying the impact of environmental initiatives
• Engaged an ESG advisor to determine carbon footprint and establish carbon accounting methodology

Climate Goals & Targets

Environmental Challenges

• Global supply chain issues
• Inflationary pressures
• Need to improve gender diversity in senior leadership

Mitigation Strategies

• Strategic acquisitions to strengthen market position
• Successful capital raises to fund expansion
• Targeted recruiting programs to improve gender diversity
• Flexible working arrangements to maintain safe working environment during COVID-19 pandemic

Supply Chain Management

Supplier Audits: Regular auditing scheme for existing suppliers; supplier questionnaire required for vendor approval

Responsible Procurement

• Supplier questionnaire verifying programs to manage material risk areas, including bribery and forced labor; Code of Conduct extending to suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD, GRI Standards

Sustainable Products & Innovation

• Cryoport Express® Shipper (multi-use, recyclable packaging)
• MVE Biological Solutions fusion freezer units (energy-efficient)

Awards & Recognition

• CRYOPDP awards: Best Clinical Trial Logistics Provider in APAC, Most Promising & Valuable Pharma Logistic Company of the year 2021, The Company You Need to Watch Out For in 2022

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas (GHG) Emissions
• Resource efficiency
• Diversity, Equity & Inclusion (DEI)
• Employee Health & Safety
• Product & Service Quality
• Supplier Management
• Data Privacy & Security
• Human Rights

Environmental Achievements

• MVE Biological Solutions’ freezer production displaced annual electricity consumption by 183,225,534 kWh, equating to 151,610,701 pounds of GHG emissions avoided.
• CryoGene avoided 1,869,763 pounds of GHG emissions due to renewable energy generation.

Social Achievements

• 99.95% delivery success rate for cell and gene therapies, resulting in an estimated 19,665 additional patients receiving therapies over 24 months.
• 99.99% delivery success rate for CryoStork®, potentially enabling 1,952 intended parents to have successful cycles resulting in childbirth annually.
• Launched IntegriCell™ platform, a standardized integrated apheresis cryopreservation and distribution solution for cell therapies.

Governance Achievements

• Implemented comprehensive quality standards meeting or exceeding stringent market requirements (ISO 9001:2015 and ISO 13485 certified).
• Developed a robust Code of Conduct and provided employee training on ethics and compliance.
• Established a third-party managed reporting hotline for employees to report incidents.

Climate Goals & Targets

Environmental Challenges

• Decreased demand for cryogenic freezer systems, particularly in China.
• Inflationary pressures increasing costs of labor, material, and transportation.
• Supply chain disruptions (e.g., MVE Biological Solutions manufacturing facility fire in New Prague, Minnesota).

Mitigation Strategies

• Developed alternative sourcing strategies for raw materials and components.
• Implemented cost-saving measures and productivity gains to offset inflationary pressures.
• Adequate property damage and business interruption insurance coverage for facility disruptions.

Supply Chain Management

Supplier Audits: Regular auditing scheme for existing suppliers; supplier questionnaire for vendor approval.

Responsible Procurement

• Supplier questionnaire verifying programs to manage material risk areas, including bribery and corruption.
• Code of Conduct extending to suppliers, prohibiting forced labor.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD, GRI Standards

Certifications: ISO 9001:2015, ISO 13485

Sustainable Products & Innovation

• MVE Fusion® self-sustaining cryogenic freezer.
• MVE Vario® cryogenic freezer system.