Climate Change Data

Azenta, Inc.

Climate Impact & Sustainability Data (2022-10-01 to 2023-09-30)

Reporting Period: 2022-10-01 to 2023-09-30

Environmental Metrics

Total Carbon Emissions:24,964 tCO2e/year (2023, market-based)
Scope 1 Emissions:14,399 tCO2e/year (2023)
Scope 2 Emissions:10,565 tCO2e/year (2023)
Renewable Energy Share:>50% (2023)

ESG Focus Areas

  • Environmental Protection
  • Social Impact
  • Responsible Operations

Environmental Achievements

  • Reduced Scope 1 & 2 GHG emissions (market-based) by approximately 5% compared to 2022.
  • Sourced renewable electricity for over 50% of 2023 usage through RECs and EACs.
  • Implemented tip-free techniques in South Plainfield, NJ facility, eliminating over 700 pounds of plastic waste per year.
  • Developed an innovative method to reduce energy consumption of Automated BioStores by up to 17% when operating at less than full storage capacity.
  • Launched BioArc™ Ultra, a high-density -80°C sample storage system using a natural refrigerant with zero ODP and GWP, offering significant energy savings and reduced space requirements.

Social Achievements

  • 74% of respondents in 2023 employee engagement survey agreed that everyone at Azenta has an equal opportunity to succeed.
  • Launched Azenta Spotlight, a new online recognition platform.
  • Implemented new Frontline Leadership Training program.
  • Achieved over 90% reduction in formamide usage over a five-year period.
  • Continued partnerships with organizations like Posse Foundation and Just-A-Start to promote diversity and inclusion.

Governance Achievements

  • Established a cross-functional Executive Steering Committee and three ESG Working Committees.
  • Formed an ESG Committee at the Board level.
  • Included a scorecard focused on ESG factors in executive compensation (10% of PBVC).

Climate Goals & Targets

Long-term Goals:
  • Net-zero GHG emissions across the value chain by 2050.
Medium-term Goals:
  • Achieve net-zero GHG emissions across the value chain by 2050.
  • Use 100% purchased electricity from renewable sources by 2030.
Short-term Goals:
  • Reduce Scope 1 and 2 GHG emissions by 55% by 2033 (from 2022 baseline).

Environmental Challenges

  • Climate change posing risks to operations, supply chain, and human health.
  • Potential for substitution of Azenta’s products with lower-emission alternatives.
  • Market volatility affecting raw material costs, components, freight, and energy.
  • Changing customer perceptions regarding contributions to a lower-carbon economy.
Mitigation Strategies
  • Committed to reducing Scope 1 and 2 GHG emissions by 55% by 2033 and reaching net-zero by 2050.
  • Implementing robust business continuity and disaster recovery programs.
  • Investing in sustainable innovation and R&D for energy-efficient and environmentally friendly technologies.
  • Enhancing supply chain reliability and sustainability through supplier diversity and sustainability scoring.
  • Proactively addressing customer requests for sustainability information and engaging in discussions about carbon reduction.

Supply Chain Management

Supplier Audits: ~15 Tier 1 suppliers with completed EcoVadis assessments (2023)

Responsible Procurement
  • Supplier Code of Conduct
  • Conflict Minerals Policy
  • EcoVadis platform for supplier sustainability assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (acute)
  • Shifts in climate patterns (chronic)
Transition Risks
  • Technology substitution
  • Market shifts
  • Reputational risks
Opportunities
  • Resource efficiency improvements
  • Sustainable product innovation

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001 (Manchester, UK office), ISO 9001 (14 sites), ISO 13485 (US, UK, Europe manufacturing sites)

Sustainable Products & Innovation

  • BioArc™ Ultra

Awards & Recognition

  • ACT Label for B Medical Systems F700 and F900 Freezers
  • SDK label for B Medical Systems Luxembourg facility