Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Energy Efficiency
• Waste Reduction
• Water Conservation

Environmental Achievements

• Reduced greenhouse gas emissions per employee by 31%, exceeding the 2018 goal of 30%
• 68% of waste avoided landfill, progressing towards the 2018 goal of 90%
• Reduced hazardous chemical waste per lab employee by 53%, nearing the 2018 goal of 60%
• Reduced electricity consumption per employee by 2%, working towards the 2018 goal of 10%

Social Achievements

• Increased employee engagement through Annual Sustainability Campaign and green team expansion
• Implemented Ride-Along Carpool Program
• Designated green space picnic areas for employees

Governance Achievements

• Achieved LEED Gold certification on two new buildings
• Renovations meet LEED Silver specifications
• Third-party verification of Scope 1 and Scope 2 emissions calculations

Climate Goals & Targets

Environmental Challenges

• Meeting ambitious 2018 goals for emissions, waste, and hazardous chemical waste reduction
• Increasing energy consumption with company expansion

Mitigation Strategies

• Investing in renewable energy (solar panels, fuel cells)
• Implementing energy-efficient lighting and control systems
• Improving waste management strategies (recycling, composting, energy recovery)
• Installing water meters to track and reduce consumption
• Retrofitting existing buildings and designing new ones with sustainability in mind

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Considering sustainability efforts when selecting vendors and suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Carbon Disclosure Project (CDP)

Certifications: LEED Gold (two new buildings), LEED Silver (renovations)

Third-party Assurance: Third-party verification for Scope 1 and Scope 2 emissions

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Reduced Scope 1 and Scope 2 (market-based) emissions.
• Implemented several energy reduction and efficiency initiatives resulting in a 5.9% decrease in emissions compared to 2018.
• Increased renewable energy consumption, resulting in a 0.5% decrease in emissions compared to 2018.

Social Achievements

• Not disclosed

Governance Achievements

• Established board-level oversight of climate-related issues.
• Formalized board oversight of ESG responsibility, amending the Corporate Governance and Compliance Committee’s charter.

Climate Goals & Targets

Environmental Challenges

• Changes to load-shedding requirements for local utility demand response programs.
• Increased severity and frequency of extreme weather events.
• Increased stakeholder concern or negative stakeholder feedback regarding climate change impacts.
• Enhanced emissions-reporting obligations.

Mitigation Strategies

• Replacing generators with Tier IV lower emissions generators.
• Implementing a new Automatic Transfer Switch.
• Ensuring N+1 redundancy for critical loads.
• Exploring additional off-grid generation possibilities.
• Adding a manufacturing facility outside the US for manufacturing duplication.
• Creating a full-time position dedicated to public reporting on environmental performance and sustainability strategy.

Supply Chain Management

Supplier Audits: Goal to engage top 30 suppliers by 2021

Responsible Procurement

• Requiring construction partners to build to LEED specifications.

Climate-Related Risks & Opportunities

Physical Risks

• Increased severity and frequency of extreme weather events
• Loss of power during extreme weather events

Transition Risks

• Changes to load-shedding requirements for local utility demand response programs
• Enhanced emissions-reporting obligations
• Introduction of a carbon tax

Opportunities

• Participation in demand response programs
• Use of lower-emission sources of energy
• Participation in carbon market

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, TCFD, WRI Aqueduct Water Risk Mapping

Certifications: Null

Third-party Assurance: Third-party limited assurance

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Constructing all facilities to withstand extreme weather events
• Building redundancies into energy supply (backup fuel and generators)
• Converting headquarters generators to lower emissions and higher capacity
• Investing in energy efficiency and renewable energy generation at all facilities
• Integrating environmental criteria into $1.8 billion Tarrytown campus expansion

Social Achievements

• Not disclosed

Governance Achievements

• Formalized Board of Directors oversight for corporate responsibility, delegated to the Corporate Governance and Compliance Committee (CGCC)
• Established a Responsibility Committee to oversee climate-related targets, metrics, and initiatives

Climate Goals & Targets

Environmental Challenges

• Potential physical impacts of climate change, primarily business disruptions due to intense weather events
• Potential risks within the value chain associated with physical impacts of climate change (e.g., supplier disruptions due to extreme weather)

Mitigation Strategies

• Maintaining an approved supplier list with business continuity plans
• Strategic purchasing to ensure sufficient supply of key materials
• Investing in energy efficiency and renewable energy
• Engaging with stakeholders to anticipate and respond to potential climate-related impacts
• Working with insurance providers to consider financial implications of physical risks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Maintaining an approved supplier list with business continuity plans
• Strategic purchasing

Climate-Related Risks & Opportunities

Physical Risks

• Severe hurricanes, extreme heat, business disruptions due to intense weather events

Transition Risks

• New or changing climate policies, impacts of carbon pricing initiatives

Opportunities

• Development of new therapies to address climate-driven health impacts

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Sustainability
• Supply Chain Resilience

Environmental Achievements

• Construction of facilities to withstand extreme weather events
• Redundancies in energy supply across main sites
• Conversion of generators at headquarters to lower emissions and higher capacity
• Investment in improving energy efficiency and reducing grid dependency at Regeneron-owned facilities
• Sustainability working group for Tarrytown campus expansion

Social Achievements

• Not disclosed

Governance Achievements

• Board oversight of ESG matters delegated to the Corporate Governance and Compliance Committee (CGCC)
• Responsibility Committee oversees climate-related targets, metrics, and initiatives
• Formal processes and procedures to embed environmental practices into business (codified in Policy on Environment, Health and Safety)
• Annual publication of Responsibility Report and responses to CDP questionnaires

Climate Goals & Targets

Environmental Challenges

• Potential physical impacts of climate change, primarily business disruptions due to intense weather events
• Risks within the value chain associated with physical impacts of climate change (e.g., supplier disruptions due to extreme weather)
• Regulatory risks associated with carbon pricing (EU ETS)

Mitigation Strategies

• Strategic purchasing to ensure sufficient supply of key raw materials and components
• Environmental targets to advance understanding of potential climate-related impacts, including those in the supply chain
• Incorporating current and projected carbon prices into financial planning (Limerick, Ireland site)
• Robust enterprise risk management (ERM) program
• Working with insurance providers to consider financial implications of potential physical risks
• Site-level business resiliency programs

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Strategic purchasing

Climate-Related Risks & Opportunities

Physical Risks

• Severe hurricanes
• Extreme heat
• Business disruptions due to intense weather events

Transition Risks

• New or changing climate policies
• Impacts of carbon pricing initiatives

Opportunities

• Development of new therapies to address climate-driven health impacts

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Improving the Lives of People with Serious Diseases
• Fostering a Culture of Integrity & Excellence
• Building Sustainable Communities

Environmental Achievements

• Reduced combined Scope 1 and 2 (market-based) GHG emissions per square meter by 49% relative to 2016 peak baseline.
• Added 6,629 MWh of renewable electricity at global sites.
• Achieved 22% renewable electricity.
• Maintained 100% renewable electricity at Irish production site.
• Diverted 99% of waste from landfill.
• Maintained food waste composting at 100% of sites with over 2,000 colleagues.
• Recycled 9 tons of single-use plastic gloves at IOPS New York site.
• Recycled 3,864 pounds of hard-to-recycle single-use plastics in R&D labs.
• Achieved 65% of identified water efficiency opportunities at IOPS New York site, saving 74 million gallons of water.
• Saved more than 20 million liters of water through WFI process improvements at IOPS Ireland site.

Social Achievements

• Maintained highly engaged workforce with 88% of colleagues saying Regeneron is a great place to work.
• Fostered retention rate of 94%, up from 91% in 2022.
• Demonstrated measurable diverse representation increases in leadership (vice president and above), comprising 33% women globally and 21% people of color (United States only).
• Expanded Inclusive Leadership Program to 600 participants, including 450 people managers.
• Achieved global volunteer rate of 55%, nearly three times the U.S. national average.
• Engaged 6,800 colleagues in volunteer activities, contributing >23,000 hours of service.
• Provided Regeneron-sponsored STEM experiences to ~2.4M students since 2020.
• Launched five-year, $5M strategic investment to bolster the STEM ecosystem in Nashville, Tennessee.

Governance Achievements

• Reinforced high ethical standards through comprehensive programs and trainings; >99% of eligible colleagues completed Code of Business Conduct and Ethics training.
• Expanded Ethics & Integrity @ Work Day globally with >4,000 participants.
• Received no substantiated complaints concerning breaches of data privacy.
• Sustained high product quality and safety standards, maintaining zero product recalls.

Climate Goals & Targets

Environmental Challenges

• Refining climate action plan to reflect growing business and changes to science-based targets criteria.
• Small amount of non-hazardous waste disposed via landfill at two non-manufacturing sites.

Mitigation Strategies

• Postponed setting science-based targets until climate action plan is refined.
• Working with waste management partners to resume zero waste-to-landfill status.

Supply Chain Management

Supplier Audits: Engaged more than 50 suppliers on GHG emissions data

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN SDGs, CDP Supply Chain

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 9: Industry, Innovation and Infrastructure
• Goal 10: Reduced Inequalities
• Goal 13: Climate Action
• Goal 17: Partnerships for the Goals

Regeneron's goals are aligned with these SDGs to address global challenges through scientific advancements, ethical practices, and community engagement.

Awards & Recognition

• 2023 “Greenovation” Award from Kimberly-Clark