Climate Change Data

Rallybio (NASDAQ: RLYB)

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Patients
  • Community
  • Environment
  • People
  • Company Governance

Environmental Achievements

  • Implemented energy-efficient lighting, recycling, reduced printer/paper use, limited single-use items, discouraged non-essential air travel, implemented battery and pen recycling programs

Social Achievements

  • Donated funds to the Diaper Bank of Connecticut (approx. 30,000 diapers), established a corporate charitable matching program for diaper donations, supported STEM education through Boys & Girls Club of New Haven and Soderstrom Scholars Fund, hosted an annual Summer Internship Program, established a DEI committee with monthly workshops, committed to gender and ethnicity pay equality, offered unlimited vacation time, telehealth resources, and flexible work arrangements, encouraged employee volunteering

Governance Achievements

  • Established a Code of Business Conduct and Ethics, committed to being an Equal Employment Opportunity and Affirmative Action employer

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB (aspirational)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Patient Safety & Quality Management
  • Human Resources & DEI
  • Innovation & Business Model Resilience
  • Business Ethics & Ethical Marketing
  • Corporate Governance
  • Privacy & Data Protection
  • Social Impact
  • Affordability & Access
  • Supply Chain & Materials Management
  • Occupational Health & Safety
  • Greenhouse Gas (GHG) Emissions & Climate Risk
  • Water, Waste & Environmental Management

Environmental Achievements

  • Implemented energy conservation measures including LED light bulbs, motion sensor lighting, and flexible work arrangements to minimize commuting.
  • Initiatives to encourage the use of public transit and reserving air travel for limited situations.
  • In-office recycling of paper, cans, and bottles; minimizing single-use materials; low-flow fixtures in kitchens and bathrooms; partnership with UConn TIP for battery recycling.

Social Achievements

  • Donated approximately 30,000 diapers to the Diaper Bank of Connecticut in 2021.
  • Established a corporate charitable giving program in 2022, matching employee contributions to the Diaper Bank.
  • Partnered with the Boys & Girls Club of New Haven, providing resources for STEM programming and school supplies.
  • Contributes to the Soderstrom Scholars Fund, supporting underrepresented students in STEM.
  • Provides two paid volunteer hours per colleague per quarter.

Governance Achievements

  • Established an ESG Committee responsible for developing, implementing, and monitoring the company’s ESG program.
  • More than 80% of Rallybio’s Board is composed of independent directors.
  • Adopted a Code of Business Conduct and Ethics, along with policies on Anti-Bribery, Anti-Corruption, Social Media, and Gifts and Entertainment.
  • Implemented security enhancements based on a third-party information security risk assessment, including vulnerability scanning, multifactor authentication, and encrypted data.

Climate Goals & Targets

Environmental Challenges

  • Small operational footprint limiting immediate environmental impact.
  • Need to enhance diversity and inclusion initiatives.
  • Maintaining robust data security in a growing company.
Mitigation Strategies
  • Focus on energy conservation and waste reduction measures.
  • Implementation of a three-year DEI roadmap with workshops, audits, and surveys.
  • Implementation of security enhancements based on a third-party risk assessment and ongoing training for employees.

Supply Chain Management

Responsible Procurement
  • Vendor management system for GxP products and services; assessment of vendor capabilities, quality management systems, and adherence to regulations.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI