OraSure Technologies, Inc.
Climate Impact & Sustainability Data (2022, 2023-2024)
Reporting Period: 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:8,699,262 kWh (2021); TBD (2022)
Water Consumption:14,521 m3 (2021); TBD (2022)
Waste Generated:3.5 tons of plastic saved in 2022
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Sustainability
- Culture, People, and Community
- Corporate Governance
Environmental Achievements
- Reduced scrap rates from 30% to less than 1%, saving 3.5 tons of plastic.
- Purchased carbon-free energy for corporate headquarters and some Bethlehem manufacturing sites.
- Implemented on-site composting programs in Ottawa and Minneapolis.
- Sponsored company-wide clean-up events during Earth Day 2022.
- Migrated to Amazon web services, lowering the digital footprint and reducing server electricity use by approximately two-thirds.
- Purchased 232 tons of carbon offsets for corporate air travel.
- Created a Greenhouse Gas (GHG) Emissions Inventory Report for Bethlehem, PA sites covering 2021 emissions.
Social Achievements
- Participated in the New York City AIDS Walk.
- Provided OraQuick® In-Home HIV tests for the CDC’s “Together Take Me Home” program.
- Became a founding member of the U.S. Business Action to End HIV.
- Rang the closing bell for the Nasdaq Stock Market on World AIDS Day.
- Launched a new service for metatranscriptomic sequencing and analysis of gut microbiome samples.
- Received de novo authorization from the FDA for the OMNIgene®·GUT Dx microbiome collection device.
- Collaborated with Mars Petcare to research pet health through microbiome sequencing.
- Hosted a webinar on leadership from historically marginalized communities.
- Hosted educational webinars featuring Shannon McKay of He She Ze and We.
- Offered a Next Level Mentorship program.
- Hosted a monthly book club focusing on marginalized voices and perspectives.
Governance Achievements
- Executive compensation is market-driven, targeting the 50th percentile of the peer group and predominantly performance-based.
- Board’s discretionary ability to adjust annual incentive bonus pool funding is limited to +/- 10%.
- No excise tax gross-up or “single trigger” change-in-control severance in executive employment agreements.
- Strong stock ownership/retention requirements for executives and directors.
- Compensation recoupment (“clawback”) policy in place.
- No hedging or pledging of company stock allowed by executives.
- Policies in place including Code of Business Conduct and Ethics, Anti-Corruption Policy, and Policy on Interactions with Healthcare Professionals.
- Stated policy that CEO and Chair of the Board roles should be separate.
- 86% of Board members are independent, 71% identify as female or an underrepresented minority, and average Board tenure is 3.9 years.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Track annual greenhouse gas emissions and explore science-based targets.
- Identify and update areas of the production process to emit less waste.
- Continue to push for reduction in packaging across our portfolio of products.
- Reduce the frequency of air freight transportation for manufacturing components.
- Track and develop best practices to reduce the organization’s digital carbon footprint.
- Educate employees on how they can contribute to improving sustainability.
- Encourage green commuting.
Environmental Challenges
- Reducing material waste
- Reducing carbon emissions
- Raising awareness of sustainability
Mitigation Strategies
- Continuously seeking to reduce usage of plastics and other high-impact materials.
- Implementing manufacturing and operations process improvements to reduce scrap.
- Responsible waste management, including recycling and composting.
- Quantifying all sources of carbon emissions.
- Monitoring and reducing specific sources of carbon emissions (energy usage, digital footprint, travel).
- Purchasing carbon credits to offset emissions from essential business travel.
- Creating a culture of environmental awareness.
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: UN Sustainable Development Goals
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 5: Gender equality
- Goal 3: Good health and well-being
- Goal 8: Decent work and economic growth
- Goal 9: Industry, innovation, and infrastructure
- Goal 10: Reduced inequalities
- Goal 12: Responsible consumption and production
OraSure's products and initiatives contribute to these goals through improved access to healthcare, promoting health equity, and sustainable business practices.
Sustainable Products & Innovation
- New packaging and labeling configuration for InteliSwab®
Awards & Recognition
- Winning Company by Women on Boards 50/50
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:6,853 tCO2e (2022); 3,091 tCO2e (2021)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:14,746,129 kWh (2022); 8,699,262 kWh (2021)
Water Consumption:14,852 m3 (2022); 14,521 m3 (2021)
Waste Generated:Not disclosed
Carbon Intensity:17.7 tCO2e/$M (2022); 13.2 tCO2e/$M (2021)
ESG Focus Areas
- Product quality and safety
- Customer satisfaction
- Corporate governance and leadership
- Economic performance
- Innovation
- Risk management
- Strategic partnerships
- Data privacy and security
- Affordability, pricing, and access to healthcare
- Employee attraction and retention
- Supply chain management
Environmental Achievements
- Implemented new packaging reducing paper usage by an estimated 1,500 tons and plastic by 90 tons for InteliSwab® COVID-19 Rapid Test.
- Consolidating operational footprint to reduce scope 1 and 2 GHG emissions by an estimated 10%.
- Significant reduction in non-conformance rates and scrap, cutting scrap removal costs by almost 50%.
- Initiated a pilot project to reduce air handling in clean rooms, projecting ~50% reduction in natural gas and electricity usage.
Social Achievements
- Improved employee retention rate (from 13% in 2022 to 7% in 2023) through enhanced employee engagement efforts.
- Publicly recognized for work to empower women.
- Launched a continuous improvement program with 20% workforce participation.
- Implemented a new 1:1 check-in tool, new manager training, departmental lunch & learns, team-building activities, and employee appreciation events.
Governance Achievements
- Consolidated 3 separate quality systems into 1 global system.
- Improved training effectiveness.
- Successfully completed 15 external assessments of the quality system.
- Implemented 1 electronic QMS.
- Had 0 product recalls.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increased scope 1 and 2 emissions from 2021 to 2022 due to business growth and expansion of facilities.
- Supply chain disruptions (addressed through resilience assessments of suppliers and backup plans).
Mitigation Strategies
- Consolidating production and warehouse operations to reduce future emissions.
- Increasing automation of processes to reduce future emissions.
- Resiliency assessments of suppliers and backup plans to address supply chain risks.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Resiliency assessments of suppliers
- Compliance with California Transparency in Supply Chains Act and the UK Modern Slavery Act
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- New packaging for InteliSwab® COVID-19 Rapid Test
Awards & Recognition
- Recognition by Lehigh Valley Business and Central Penn Business Journal for work to empower women.