Climate Change Data

Environmental Metrics

ESG Focus Areas

• Patient Access
• Employee Well-being
• Community Engagement
• Corporate Governance
• Ethical Business Practices
• Environmental Sustainability

Environmental Achievements

• Sourcing most packaging material locally
• Re-using shipping boxes when possible
• Minimizing travel through virtual communication
• Recycling electronic waste through ISO 14001 and ISO 9001 certified partners
• Utilizing energy-efficient technologies in workspaces (LED lighting, motion-activated lights, energy-efficient cooling walls and appliances, electric vehicle charging stations)

Social Achievements

• 100% of patients were very satisfied or satisfied with Novocure (based on 2020 patient survey)
• 99% of patients were satisfied or very satisfied with nCompass patient support (based on 2020 patient survey)
• Provided financial assistance to patients, resulting in out-of-pocket expenses of less than $500 per year for those who qualified
• 8% of Optune demand met through free therapy provided to patients in 2020
• Supported over 125 advocacy events
• 18% rolling 12-month turnover rate (vs. industry average of nearly 16%)
• 9% of eligible employees participated in the employee share purchase program (vs. 30% global average)
• Employee engagement score of 266%
• 91% of employees reported feeling treated as individuals regardless of background (2021 employee survey)
• 87% of employees reported an environment where people with diverse backgrounds can succeed (2021 employee survey)
• Multiple employee wellness programs (gym and fitness reimbursement, healthy lifestyle challenges, employee assistance program, flexible and remote work arrangements)

Governance Achievements

• Declassified the Board
• Increased gender diversity on the Board
• Formalized Board oversight of ESG activities
• Obtained ISO 13485 and ISO 27001 Certifications (demonstrating commitment to data security and privacy)
• No material privacy or security breaches in 2020
• Annual employee training on Code of Conduct
• Compliance and Ethics Hotline available for anonymous reporting

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on operations and patient access

Mitigation Strategies

• Patient support teams ensured timely and seamless access to treatment
• Implemented work-at-home policies, staggered schedules, and flexibility for employees
• Followed WHO, CDC, and local health authority guidelines to minimize COVID-19 spread

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Patients
• Employees
• Communities
• Governance and Ethics
• Quality, Safety and Compliance

Environmental Achievements

• Converted 30% of corporate vehicle fleet from gas to hybrid vehicles.
• Recycled all electronic waste from US Operations Center through an ISO 14001 and ISO 9001 certified partner.

Social Achievements

• 99% of first-time Optune users were satisfied or very satisfied with nCompass support.
• 68% of employees were proud to work for Novocure (based on 2022 employee survey).
• Rolling 12-month turnover rate decreased to 10.6% at December 31, 2021, from 8.9% at December 31, 2020.
• 65 employees graduated from NovoLEAD programs.
• 100% of talent acquisition team members became Certified Diversity Recruiters.
• Donated over $7,000 (matched by Novocure) to Cradle to Crayons’ “Gear Up For Winter” initiative.
• Approved donations to nearly 30 charitable organizations.

Governance Achievements

• No material privacy or security breaches in 2021.
• Obtained ISO 13485 and ISO 27001 Certifications.
• No monetary losses from legal proceedings related to false marketing or bribery in 2021.
• No field safety corrective actions or product recalls in 2021.

Climate Goals & Targets

Environmental Challenges

• Maintaining high standards of patient engagement during the COVID-19 pandemic.
• Expanding geographic reach to serve more patients.
• Cybersecurity risks from third-party suppliers.

Mitigation Strategies

• Leveraged virtual communication and MyLink system for remote patient support.
• Evaluating additional markets in North America and Europe.
• Implementing cybersecurity assessments for suppliers and including cybersecurity requirements in vendor contracts.

Supply Chain Management

Responsible Procurement

• Suppliers required to follow universally accepted employment practices, prioritize workforce health and safety, comply with labor laws, and prohibit bonded or forced labor, slavery, and human trafficking.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Patient wellbeing
• Environmental sustainability
• Social responsibility
• Ethical leadership and strong governance

Environmental Achievements

• Reduced carbon emissions associated with business travel
• Sourced packaging materials locally when possible
• Expanded efforts to reuse or repurpose equipment
• Acquired 30 hybrid vehicles to replace internal combustion vehicles

Social Achievements

• Launched Novocure Women initiative to support women in their careers
• Launched several projects focusing on inclusive mindset education, heritage & identity awareness, and diversity, equity & inclusion
• Provided over $3 million in charitable care
• 93% of employees agreed that Novocure’s senior leadership team respects and values people of all cultures and backgrounds (US survey), 95% felt they belonged at Novocure (US survey).

Governance Achievements

• Transitioned and consolidated executive oversight of ESG under the Chief Financial Officer
• Maintained a steadfast commitment to transparency, accountability and compliance
• Obtained ISO 13485 and ISO 27001 Certifications, demonstrating commitment to data security and privacy
• No material privacy or security breaches in 2022

Climate Goals & Targets

Environmental Challenges

• Reducing the environmental impact of operations, particularly business travel and vehicle fleet emissions
• Promoting diversity, equity, and inclusion across all levels of the organization

Mitigation Strategies

• Transitioning to hybrid vehicles
• Implementing various initiatives through the Inclusion Council (inclusive mindset training, heritage awareness, etc.)
• Launching Novocure Women initiative
• Conducting regular employee surveys to assess DE&I practices and identify areas for improvement

Supply Chain Management

Supplier Audits: 100% of Novocure and Tier 1 suppliers' facilities supplying medical products are FDA registered and certified to ISO 13485:2016

Responsible Procurement

• Evaluation and pre-qualification of suppliers
• Assessment of subcontractors’ manufacturing processes and quality management systems
• Monitoring of supplier quality performance
• Ongoing inspection of supplied products

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 13485, ISO 27001

Sustainable Products & Innovation

• New arrays utilizing new materials to improve patient comfort and wearability

Environmental Metrics

ESG Focus Areas

• Patients
• Employees
• Communities & Environment
• Corporate Governance & Ethics
• Quality & Safety

Environmental Achievements

• Transitioned 58% of the U.S. vehicle fleet to hybrid models.
• Implemented LED lighting, motion-activated lights, energy-efficient HVAC, enhanced recycling, and EV charging stations in global facilities.
• Sourced most packaging locally, reused shipping boxes, used virtual communication to minimize travel, and reused/repurposed returned equipment.

Social Achievements

• Provided nearly $3 million in charitable care.
• Launched Novocure Women initiative to support women's professional development.
• 98% of surveyed Optune Gio users reported high satisfaction with Novocure interactions.
• 89% of patients surveyed after six months were very likely to recommend Optune Gio.

Governance Achievements

• Maintained zero material privacy or security breaches.
• Zero monetary losses from legal proceedings associated with false marketing claims or bribery/corruption.
• Expanded ISO 27001 certification to include software development processes and re-certified preclinical lab in compliance with Good Laboratory Practices.

Climate Goals & Targets

Environmental Challenges

• Reducing the environmental impact of Device Support Specialist travel.
• Ensuring equitable access to therapy for all patients.

Mitigation Strategies

• Transitioning to virtual engagements and hybrid vehicles for DSS travel.
• Leveraging expertise to negotiate contracts with payers and providing charitable care.

Supply Chain Management

Supplier Audits: 100% of Novocure and Tier 1 suppliers' facilities supplying medical products are FDA registered and certified to ISO 13485:2016 and subject to audit.

Responsible Procurement

• Risk-based audit schedule for manufacturing facilities; Class I suppliers audited at least annually; special controls for outsourced processes impacting product conformity; evaluation and pre-qualification of suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Principles on Business and Human Rights, SASB

Certifications: ISO 13485, ISO 27001, MDSAP

Sustainable Products & Innovation

• Next-generation arrays using polymers for improved patient comfort.

Awards & Recognition

• Top employer in the U.S. and Europe’s DACH region (2023)