Climate Change Data

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