Medpace Holdings, Inc.
Climate Impact & Sustainability Data (2019-01 to 2020-06, 2021-2022, 2022-01 to 2023-06)
Reporting Period: 2019-01 to 2020-06
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Compliance
- Associate Health and Well-being
- Safety
- Community Commitment
- Environment
Environmental Achievements
- Opened a new seven-story office tower built with practical environmental standards (LED lighting, optimized HVAC, water-saving fixtures, recycling, natural light).
Social Achievements
- Developed a comprehensive benefits package.
- Invested in a global learning management system for employee training and development.
- 60% of 340 management-level roles filled by internal talent in 2019.
- Women accounted for ~66% of new hires in 2019.
- 50% of Director level and above positions filled by women and 38% of our Executive Committee filled by women.
- Contributed over $1.3 million to charities during the reporting period.
Governance Achievements
- Maintained a culture of compliance with robust compliance training for all employees.
- Chief Compliance Officer reports directly to the Board of Directors.
- Adheres to all applicable laws and regulations pertaining to transparent conduct and lawful operations of public companies.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sources goods and services in an environmentally sustainable way, using recyclable single-use items whenever possible.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14000 (laboratories)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021-2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Compliance
- Our People
- Safety
- Community Commitment
- Our Environment
Environmental Achievements
- Began a capital project to install solar generating capabilities at headquarters, estimated to generate nearly 900,000 kWh of solar power annually upon completion.
- Global headquarters occupies a remediated brownfield site with features such as LED lighting, optimized HVAC, water-saving fixtures, recycling, and natural light to minimize environmental impact.
Social Achievements
- Opened a second on-site gym in Cincinnati.
- Provided on-campus COVID-19 vaccinations and subsidized vaccine costs in countries without free inoculations.
- Offered a comprehensive benefits package including health insurance, life insurance, disability insurance, and retirement plans.
- Maintained employee turnover below CRO industry averages.
- Contributed over $697,000 to charities, including a major donation to support Ukrainian relief efforts.
Governance Achievements
- Maintained a culture of compliance with robust training and competency testing for all employees, including senior leaders.
- Chief Compliance Officer reports directly to the Board of Directors.
- Adherence to all applicable laws and regulations pertaining to transparent conduct and lawful operations of public companies.
- Multiple mechanisms for reporting compliance or ethics concerns, including an anonymous whistleblower hotline.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sourcing goods and services in an environmentally sustainable way, using recyclable single-use items whenever possible.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: SOC2
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Five CRO Leadership Awards
- SCRS Eagle Award Finalist
- Forbes America’s Best Mid-Sized Companies
- LinkedIn Top Companies - Cincinnati
Reporting Period: 2022-01 to 2023-06
Environmental Metrics
ESG Focus Areas
- Ethics and Compliance
- Our People
- Focus on Safety
- Community Commitment
- Our Environment
Environmental Achievements
- Cincinnati headquarters’ commitment to sustainability saved over 658,000 plastic bottles from landfills.
- Installed solar generating capabilities at headquarters, resulting in an estimated nearly 900,000 kWh of solar power annually, offsetting a portion of electrical consumption.
Social Achievements
- Employee retention rate as of June 30th, 2023, is the highest it has been in 7 years.
- Women accounted for ~65% of new hires and ~60% of all management-level roles filled externally (July 1, 2022 - June 30, 2023).
- ~27% of all new hires in the US identified as non-white and ~27% of all management-level new hires identified as non-white.
- 4.6% uncontrolled median US gender pay gap (compared to 17.9% nationally).
Governance Achievements
- Chief Compliance Officer reports to the Board of Directors at each board meeting and to senior leadership as necessary.
- Adherence to all applicable laws and regulations pertaining to transparent conduct and lawful operations of public companies.
- Robust compliance training and competency testing for all associates, including senior leaders.
Climate Goals & Targets
Environmental Challenges
- Maintaining a competitive edge in a competitive labor market.
- Balancing the need for in-person collaboration with employee preferences for hybrid work models.
Mitigation Strategies
- Implementation of various compensation and benefit enhancements to improve employee retention.
- Overhaul of global employee social budget to provide more flexibility and opportunity at the department- and country-level.
- Expansion of hybrid work model to match associate expectations.
Supply Chain Management
Responsible Procurement
- Sourcing goods and services in an environmentally sustainable way, using recyclable single-use items whenever possible.
Climate-Related Risks & Opportunities
Awards & Recognition
- Five CRO Leadership Awards
- Finalist for 2021 SCRS Eagle Award
- Forbes America’s Best Mid-Sized Companies (2023)
- LinkedIn Top Companies - Cincinnati (2021)