Climate Change Data

Vertex Pharmaceuticals Incorporated

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Scope 1 Emissions:6,128 MTCO2e
Scope 2 Emissions:7,159 MTCO2e

ESG Focus Areas

  • Climate Change
  • Waste Management

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CDP Climate Change Questionnaire, WBCSD/WRI GHG Protocol (2004, as updated January 2015)

Third-party Assurance: ERM Certification and Verification Services, Inc.

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Safety

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: WBCSD/WRI GHG Protocol (2004, as updated January 2015), OSHA Injury and Illness Recordkeeping and Reporting definitions

Third-party Assurance: ERM Certification & Verification Services Incorporated

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:12,558 tCO2e/year (Scope 1 & 2 Market-Based)
Scope 1 Emissions:7,670 tCO2e/year
Scope 2 Emissions:4,888 tCO2e/year
Scope 3 Emissions:474,129 tCO2e/year
Renewable Energy Share:49%
Water Consumption:169.3 megaliters/year
Waste Generated:1,689 tons/year

ESG Focus Areas

  • Improve the Lives of People With Serious Diseases
  • Foster a Culture of Innovation, Integrity and Inclusion
  • Carefully Manage Our Operations and Environmental Footprint
  • Make a Positive Impact in the Communities Where We Are Located

Environmental Achievements

  • 53% reduction in absolute greenhouse gas (GHG) emissions since 2014
  • 82% green-certified square footage in our buildings
  • 100% renewable energy at our International Headquarters and R&D facility in the U.K.
  • A- score on 2023 Climate Change survey for demonstrating environmental leadership

Social Achievements

  • Expanded access to our CF medicines for more people around the world, with more than 60 countries where our medicines are reimbursed or accessible
  • Strengthened our engagement with patient organizations
  • Continued focus on recruiting, retaining and developing highly talented employees from a diverse range of backgrounds, promoting our employees’ continued well-being and professional development, and nurturing our unique culture
  • $42+ million in charitable giving by Vertex and the Vertex Foundation
  • 60% of employees volunteered during annual Global Day of Service

Governance Achievements

  • 100% of employees completed annual code of conduct training
  • 6 out of 11 Board directors are women and/or from underrepresented ethnic and racial groups
  • New third-party risk management approach to more efficiently and effectively identify, mitigate and manage ongoing risk with third parties

Climate Goals & Targets

Medium-term Goals:
  • Reduce Scope 1 and 2 GHG emissions by 42 percent by 2032

Environmental Challenges

  • Increased cost for raw materials and scarcity of natural resources
  • Potential impacts of drought on our locations in California and coastal flooding near our key facilities in Boston’s Seaport District
Mitigation Strategies
  • Business continuity strategies and existing mitigation processes, including use of flood barriers, waterproofing, watertight doors and storm-resistant glass
  • Decarbonization study at three of our largest research and manufacturing locations to identify opportunities to electrify these facilities and reduce our global GHG footprint

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Drought
  • Coastal flooding
Transition Risks
  • Increased cost for raw materials and scarcity of natural resources

Reporting Standards

Frameworks Used: SASB

Certifications: LEED, BREEAM, SKA, Fitwel, My Green Lab

Third-party Assurance: ERM CVS

Awards & Recognition

  • LEED Platinum certification for Jeffrey Leiden Center
  • Award of Merit for Interior/Tenant Improvement from Engineering News-Record New England