Cytel Inc. and its subsidiaries
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:7121.01 tCO2e/year (Scope 3)
Scope 1 Emissions:3.57 tCO2e/year
Scope 2 Emissions:181.92 tCO2e/year
Scope 3 Emissions:7121.01 tCO2e/year
Renewable Energy Share:64%
Total Energy Consumption:511.33 MWh/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced total electricity consumption from 894.04 MWh in 2022 to 511.33 MWh in 2023 despite new acquisitions.
- Reduced legacy Cytel office spaces by about 6,225.15 m² by consolidating our office spaces.
- 64% of purchased electricity from renewable sources in 2023.
- Received approval and validation of emissions reduction targets by SBTi in February 2024.
Social Achievements
- 100% of total global workforce received a performance review and access to career development tools in 2023.
- Expanded equitable talent sourcing efforts by prioritizing inclusive recruiting.
- 95% of employees completed DEI policy review.
- 382 employees participated in a 30-day Global Steps Challenge.
Governance Achievements
- 95% of employees acknowledged completing review of the Code of Business Conduct and Ethics.
- Achieved ISO/IEC 27001:2013 certification across 100% of global sites and cloud platforms (excluding recently acquired companies).
- No nonconformities identified in annual surveillance audits for ISMS.
Climate Goals & Targets
Medium-term Goals:
- Reduce Scope 3 emissions 51.6% per million USD value added by FY2030.
Short-term Goals:
- Reduce absolute Scope 1 and 2 GHG emissions 42.0% by FY2030 from a FY2022 base year.
Environmental Challenges
- Increased share of nonrenewable energy in 2023 due to acquisitions.
- Need to improve data management practices for climate change.
- Need to establish baselines for waste production and diversion.
- Business continuity risks related to disruptions of operations.
Mitigation Strategies
- Consolidating office spaces and exploring opportunities to reduce underutilized office space.
- Transitioning ERP software to Oracle.
- Creating a formal standard operating procedure for IT waste disposal.
- Developing a new Business Continuity & Disaster Preparedness Policy.
Supply Chain Management
Supplier Audits: 51% of targeted top suppliers completed the Supplier Sustainability Questionnaire
Responsible Procurement
- Supplier Sustainability Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: ISO/IEC 27001:2013
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 8
- SDG 10
- SDG 12
- SDG 13
- SDG 16
Awards & Recognition
- SEAP Star Award for Best Technology & Innovation Practices
- 2022 Fierce Innovation Awards Technology Innovation Award