Myriad Genetics, Inc.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Diversity, equity, and inclusion
- Environmental performance
- Employee safety, health, and well-being
- Social responsibility and community engagement
- Corporate governance and business integrity
- Product access and affordability
- Data security and patient privacy
- Sustainable supply chain
- Innovation
Environmental Achievements
- Recycled almost 70 tons of plastic from Salt Lake City laboratories since 2019.
- New Myriad Support Center in Salt Lake City designed with environmentally friendly features including a 495-kilowatt photovoltaic solar energy system.
Social Achievements
- Launched MyRisk with RiskScore for all ancestries, improving patient outcomes and minimizing healthcare disparities.
- Launched Prequel Prenatal Screen with AMPLIFY technology, broadening access to prenatal screening for women of all body types.
- Supported a new Genetic Counseling Program at Xavier University of Louisiana to foster professional diversity and reduce health disparities.
- Provided financial assistance to over 86,000 eligible patients, exceeding $49 million.
Governance Achievements
- 8 of 9 Board members are independent directors; 44% of Board members come from diverse backgrounds.
- Updated Code of Conduct to improve clarity and understanding.
- GeneSight® product achieved HITRUST certified status for security and privacy.
Climate Goals & Targets
Long-term Goals:
- Further integrate environmental performance, efficiency, and sustainability into operations.
Medium-term Goals:
- Strategically expand philanthropic efforts in 2022.
Short-term Goals:
- Launch additional Employee Resource Groups in 2022.
- Launch a series of health equity webinars in 2022.
- Obtain HITRUST certified status for all products over the next two years.
Environmental Challenges
- Broadening access to genetic testing for all demographic groups.
- Minimizing environmental impact of plastic use in laboratories.
- Addressing potential gender pay disparities.
Mitigation Strategies
- Launched MyRisk with RiskScore and Prequel with AMPLIFY technology to improve access.
- Implemented plastic recycling program in laboratories.
- Performed compensation analysis showing no systemic gender pay disparities after normalizations.
Supply Chain Management
Responsible Procurement
- Plan to launch a Supplier Code of Conduct in 2022.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: HITRUST (GeneSight®)
Sustainable Products & Innovation
- MyRisk with RiskScore
- Prequel Prenatal Screen with AMPLIFY technology
- Lab of the Future initiatives
Awards & Recognition
- Top Places to Work in Energage’s Top Workplaces USA national list for 2022
- Women Tech Council’s 2022 Shatter List