Inotiv, Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environment
- Labor & Human Rights
- Ethics & Compliance
- Corporate Stewardship
Environmental Achievements
- Consolidated certain operating facilities to more efficiently utilize footprint and reduce the number of facilities supporting current business levels
- Optimized distribution network to reduce routes and vehicles, upgrading fleet to more fuel-efficient models
- Upgraded aging plants with increased energy-efficiency models (e.g., chillers, boilers, AC units)
- Installed LED lighting in facility refurbishment and upgrade projects
- $5M investment in water treatment and management at one facility
- More efficient water use throughout cleaning cycles (reusing water)
- Installed low-flow toilets, faucets, and showerheads
- Recycling and composting on-site to divert waste from landfill
Social Achievements
- Awarded a USA Top Workplaces award for 2023 (based on employee survey)
- 63% reduction in recordable injuries (primarily musculoskeletal and sharps-related)
- Launched company-wide unconscious bias training for all employees, with additional training for people managers
- Partnership with Circa and Diversity Jobs for diverse candidate recruitment
- Partnership with CAFÉ Indy to enhance opportunities for diverse candidates
- More than 37,000 training courses completed by employees in 2022 (almost 30% non-mandatory)
Governance Achievements
- Established an employee ESG Committee to assist executive leadership and the Board of Directors in fulfilling their oversight responsibilities with respect to ESG matters
- Developed and implemented a Global Code of Conduct and trained every employee on it
- Established an ethics and compliance hotline for anonymous reporting
- Regular engagement of independent financial auditors to test the quality of the company’s control over financial recording and reporting systems and processes
Climate Goals & Targets
Environmental Challenges
- Understanding and improving environmental impact (water consumption, waste disposal, carbon footprint)
- Identifying and managing financial and non-financial risks that could impact Inotiv, employees, suppliers, shareholders, or the planet
Mitigation Strategies
- Engaging expert external resources to assist in building a roadmap for environmental improvement (climate governance, scenario modeling, carbon balance sheet, emission reduction targets)
- Company-wide materiality analysis to identify and prioritize ESG-related risks and consider appropriate reporting
- Ongoing cybersecurity strategy and oversight managed through a dedicated information security team
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD, CDP, SBTi
Certifications: AAALAC International
Awards & Recognition
- Top Workplaces USA award for 2023