Ginkgo Bioworks Holdings, Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:3315.074 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:1,060.819 tCO2e/year
Scope 2 Emissions:2,254.255 tCO2e/year
Waste Generated:62.25 mt/year (total waste at Boston Foundry)
ESG Focus Areas
- Platform Governance
- Ownership and Control
- Climate Change Risks and Mitigation Opportunities
Environmental Achievements
- Completed first greenhouse gas emissions inventory, showing Scope 1 and Scope 2 emissions at Boston and Cambridge facilities equivalent to carbon sequestered by less than 25 acres of preserved U.S. cropland annually.
- Partnerships enabling customers to produce products with 50-90% less emissions than traditional petrochemical approaches.
- Partner saw over 99% reduction in carbon, land, and water footprint using bio-based fermentation.
Social Achievements
- Hosted six apprentices from the MassBioEd Apprenticeship Program.
- 33% of Ginkgo’s US spend was with diverse suppliers in 2022.
- Launched first pay equity audit, showing unadjusted pay gap for female Bioworkers at 10.7% (better than the national average of 16.3%).
- Launched first comprehensive Early Talent program.
- Continued commitment to $1M investment in building a more equitable company, technology, and society.
Governance Achievements
- Implemented a multi-class stock structure allowing all employees to hold high-vote common stock.
- Established a Caring Committee to assess societal benefits and risks of new programs.
- Developed Cost, Caring, and Risk Assessment (CCRA) process for program launches.
Climate Goals & Targets
Environmental Challenges
- Assessing the societal benefits and risks of new programs and mitigating risks beyond Ginkgo's scope or longer timescales.
- Ensuring equitable distribution of benefits from the platform globally.
- Addressing potential unintended consequences and harms of biosecurity programs.
Mitigation Strategies
- Collaborating with advisors and partners to address challenges.
- Adding guardrails to contracts to address risks.
- Facilitating conversations with project teams and customers to address concerns.
- Developing frameworks for caring considerations in business development.
- Regular review and updating of processes.
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Biomanufacturing of chemicals, materials, and fuels using sustainable feedstocks.
Reporting Standards
Frameworks Used: GRI, Stakeholder Capitalism Metrics