Climate Change Data

Cara Therapeutics

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Governance
  • Environmental
  • Social Responsibility

Environmental Achievements

  • Enhanced sustainable business practices in facilities to reduce carbon footprint; implemented energy conservation measures (motion sensor lights, hybrid work policy, remote medical visits); minimized single-use plastics and moved towards a paperless environment; utilized recycling bins throughout the office.

Social Achievements

  • Named one of Hearst Connecticut Media Top Workplaces for 2022; 33% workforce diversity; 58% women; 8 of 17 (47%) promotions went to women in 2022; implemented a hybrid work schedule, flexible paid time off, employee assistance program, employee engagement surveys, and a spotlight award program; instituted a fully paid Day of Service program; supported a local school supply drive.

Governance Achievements

  • Established a cross-functional ESG Group reporting to the Board of Directors; Board committed to advancing ESG priorities; implemented a Code of Business Conduct and Ethics covering legal and environmental compliance, conflicts of interest, financial integrity, and anti-corruption; prioritized data protection with a comprehensive cybersecurity strategy.

Climate Goals & Targets

Environmental Challenges

  • Minimizing environmental impact of operations; adapting to hybrid work environment; managing risks associated with COVID-19 pandemic.
Mitigation Strategies
  • Implemented energy conservation and waste reduction measures; adopted a hybrid work policy; implemented a comprehensive health and wellness strategy, including vaccination requirements for office return.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Hearst Connecticut Media Top Workplaces 2022

Reporting Period: 2023

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

  • Governance
  • Environmental Stewardship
  • Social Responsibility

Environmental Achievements

  • Enhanced sustainable business practices in facilities to reduce carbon footprint; implemented energy conservation measures (motion sensor lights, hybrid work policy, remote medical visits); minimized single-use plastics and moved towards a paperless environment; utilized recycling bins throughout the office.

Social Achievements

  • 35% of promotions went to women in 2023; 60% of the workforce is women; implemented a hybrid work schedule, various fully remote positions, flexible paid time off, employee assistance program, employee engagement surveys, and a spotlight award program; instituted a fully paid Day of Service program; participated in a Kidney Walk.

Governance Achievements

  • Board oversight of ESG strategy and risk management via Nominating & Corporate Governance Committee; implemented a cross-functional ESG Group reporting to the Board; Board committed to advancing ESG priorities; operates in accordance with Corporate Governance Guidelines; conducts annual risk assessment; incorporates responsible business practices and ethics into Code of Business Conduct and Ethics; prioritizes data protection with a robust cybersecurity strategy.

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
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed