Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Refurbished a 70-year-old building in the UK (Drapers Yard) incorporating sustainable features like PV panels, air-source heat pumps, and green roofs, resulting in a BREEAM rating of "Very Good" and a reduction in annual carbon emissions by 3 tons through improved waste management.
• Relocated to a new UK office in Maidenhead with a high Energy Performance Certificate (EPC) rating ('A'), reducing space requirements by 67% and reusing existing furniture and equipment.
• Achieved a Gold LEED Certification for a new office in Shanghai, China, with improvements in energy performance (20%), water consumption (45%), and construction waste recycling (75%).
• Implemented rainwater harvesting projects in Maharashtra, India, saving over 14 million gallons of water in one year.

Social Achievements

• Conducted a first Employee Engagement Survey with a 74% response rate, showing results above benchmarks and strong employee engagement.
• Established an Office of DEI and a DEI People Advisory Committee to advance diversity, equity, and inclusion initiatives.
• Launched the Level Up! learning program, with 483 employees completing 2,561 hours of training, and Fundamentals for Fortrea Leaders program for first-time managers.
• Established eight Employee Resource Groups (ERGs) with almost 4,000 active members, sponsoring various events and initiatives promoting diversity and inclusion.

Governance Achievements

• Established an ESG Steering Committee and five subcommittees to oversee ESG objectives and initiatives.
• Preparing submissions to EcoVadis and CDP for ESG ratings and disclosures.
• Enhancing its control framework in line with the requirements of the Sarbanes-Oxley Act (SOX).
• Established a Code of Conduct and Ethics applicable to all employees, officers, directors, and third parties.

Climate Goals & Targets

Environmental Challenges

• Establishing baseline measurements and defining actions for a carbon reduction program.
• Identifying and addressing areas for improvement in employee engagement.
• Implementing a formal annual plan to integrate DEI perspectives into all activities and establish baseline metrics.
• Addressing barriers to participation in clinical trials for diverse patient populations.

Mitigation Strategies

• Working with SBTi to establish reduction targets and actions for GHG emissions.
• Developing action plans to address areas needing improvement from the employee engagement survey.
• Creating a formal annual plan for DEI initiatives with the DEI People Advisory Committee.
• Implementing a comprehensive solution to improve diversity and inclusion in clinical trials, including partnerships with CCORN and the use of decentralized clinical trials (DCTs).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Building sustainable procurement practices into supplier qualification, selection, and contracting processes.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI, TCFD

Certifications: LEED Gold (Shanghai office), BREEAM "Very Good" (Drapers Yard)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Medidata Digital Innovation Award (2023)
• Six Fortrea researchers named Clinical Researchers of the Year—The Americas (2023)
• Four Fortrea professionals named PharmaTimes International Clinical Researchers of the Year (2024)
• 2024 CRO Leadership Awards in four categories (Capabilities, Expertise, Quality, and Reliability)