Definitive Healthcare Corp. and its subsidiaries
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1168 tCO2e/year
Scope 1 Emissions:144 tCO2e/year
Scope 2 Emissions:393 tCO2e/year
Scope 3 Emissions:631 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:2112 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Recruiting and managing a global, diverse and skilled workforce
- Privacy and data protection
- Energy and emissions
Environmental Achievements
- Closed two under-utilized offices, eliminating 46,101 square feet of office space
- Consolidated headquarters employees into a new facility with lower GHG/square foot due to the use of heat pumps
- Leverage cloud-native data centers, such as the AWS East Region Data Center, to host our data processing, which is 95% powered from renewable sources.
Social Achievements
- Consistently received workplace accolades and have been a Top Place to Work in Massachusetts for six years running.
- Donated 3,400 hours to volunteering and contributed close to $500,000 in charitable donations through DefinitiveCares.
- Improved the racial diversity of new hires substantially, resulting in increased diversity of our employee base.
Governance Achievements
- Increased the diversity and independence of our Board and its committees
- Established a cross-functional management Sustainability Committee
- Formalized the Board’s oversight of ESG issues with both regular engagement and clear committee assignments
- Achieved full compliance with Committee Independence Requirements in 2022
- Completed internal and external SOX controls evaluations and concluded controls operated effectively
- Adopted a security and privacy framework based on Center for Internet Security (CIS) Controls v8 standards
- Completed SOC2 assessment and audit and received SOC2 Type I certification
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Cultivate understanding and allies among our diverse groups
- File our first Communication on Progress under the UN Global Compact
- Advance employee development through career pathing and coaching
- Improve the representation of women and increase the racial diversity including at the managerial and executive levels
- Expand our community outreach offerings
- Close our least energy efficient office
- Pursue SOC 2 Type II certification
Environmental Challenges
- Recruiting and managing a global, diverse and skilled workforce
- Data privacy and freedom of expression
- Data security
- Managing systemic risks from technology disruptions
- Intellectual property protection and competitive behavior
- Environmental footprint of hardware infrastructure
- Managing the risks of concentrated ownership
Mitigation Strategies
- Implemented new training resources on understanding the impact unconscious biases have during an interview process
- Implemented anonymous surveys for candidates to better understand our candidate experience
- Leveraging cloud-native data centers, such as the AWS East Region Data Center, to host our data processing, which is 95% powered from renewable sources.
- Implemented cloud-native managed services, containerization, and virtualization technologies, which dramatically reduce power consumption needs.
- Adopted a security and privacy framework based on Center for Internet Security (CIS) Controls v8 standards
- Completed SOC2 assessment and audit and received SOC2 Type I certification
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, UN Global Compact, TCFD
Certifications: SOC2 Type I
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 2: Zero Hunger
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 10: Reduced Inequalities
DefinitiveCares program supports these goals
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- ISS ESG Prime rating
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1826 tCO2e/year (2023)
Scope 1 Emissions:16 tCO2e/year
Scope 2 Emissions:218 tCO2e/year
Scope 3 Emissions:1592 tCO2e/year
Renewable Energy Share:95% (cloud data centers)
Total Energy Consumption:868 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Recruiting and managing a global, diverse and skilled workforce where everyone feels included and feels like they belong
- Privacy and data protection
- Energy and emissions
Environmental Achievements
- Closed our least energy efficient office, from a GHG/ square foot perspective.
- Reduced Scope 1+2 emissions from 489 MT CO2-e in 2022 to 234 MT CO2-e in 2023
- Leverage hyper-efficient cloud computing to operate our platform, with data centers powered at least 95% from renewable sources.
Social Achievements
- Improved the representation of women and racial diversity at the executive level; racial diversity also improved among tech and non- tech employees.
- Published our CEO pay ratio in our Proxy Statement for our 2024 Annual Meeting.
- Expanded our community outreach offerings and made a more significant impact in our local communities around the world.
- Donated 1,940 hours to volunteering and raised a total of over $300,000 in charitable donations both directly and through DefinitiveCares
Governance Achievements
- Continued to mature and aligned our efforts with the major global frameworks and reported our progress annually.
- Enhanced the cyber security and data privacy framework based on Center for Internet Security (CIS) Controls v8 standards and SOC2 guidelines.
- Completed a SOC2 assessment and received an unqualified SOC2 Type II attestation across all five trust service criteria.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- File our first Communication on Progress under the UN Global Compact.
- Advance team member development through career pathing and coaching.
- Improve the representation of women and increase racial diversity, including at the managerial and executive levels.
- Increase the impact of our community outreach offerings in all of our local communities around the world.
- Repeat our SOC2 assessment, extend it to cover the 2023 acquisition of Populi, and receive another unqualified SOC2 Type II attestation across all five trust service criteria.
Environmental Challenges
- Recruiting and managing a global, diverse and skilled workforce
- Data privacy and freedom of expression
- Data security
- Managing systemic risks from technology disruptions
- Intellectual property protection and competitive behavior
- Environmental footprint of hardware infrastructure
- Managing the risks of concentrated ownership
Mitigation Strategies
- Enhanced hiring practices, flexible work environment, learning and development programs, and affinity groups to improve DE&I.
- Rigorous processes to ensure data accuracy, security, and compliant processing.
- SOC2 assessment and unqualified SOC2 Type II attestation across all five trust service criteria.
- Multi-layer security framework, incident response plan, and annual security awareness training.
- Leveraging cloud-native data centers powered by renewable energy and implementing energy-efficient practices.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Promote sound environmental management practices among our vendors.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, UN Global Compact, TCFD (partially aligned)
Certifications: SOC 2 Type II
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 2: Zero Hunger
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
Through DefinitiveCares program and community outreach.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Prime status by ISS ESG