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