Climate Change Data

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.