Climate Change Data

Environmental Metrics

ESG Focus Areas

• Product Quality & Safety
• Supply Chain Management
• Human Capital Management (Our People)
• Corporate Governance
• Ethics & Compliance
• Information Security
• Environmental Sustainability

Environmental Achievements

• Reduced waste through robotic pipetting and use of biodegradable materials
• Installed LED lighting and energy-efficient light timers
• Solar energy panels at Palo Alto facility
• Electric vehicle charging stations at Palo Alto facility

Social Achievements

• Workforce diversity: approximately 60% non-White and 56% female as of December 31, 2022
• Board diversity: 43% women in independent director seats as of May 2023
• Developed company-wide initiatives focused on employee recruitment, retention, engagement, financial wellness, pay equity, and diversity and inclusion
• Employee engagement score remained at 75 in 2022
• Average 43 hours of employee training in 2022
• Donated nearly $600,000 to non-profits in 2022
• Successful ECLIPSE study with diverse patient enrollment

Governance Achievements

• Designated responsibility for ESG matters to the Nominating & Corporate Governance Committee in 2022
• Amending the Nominating and Corporate Governance Committee’s charter to enhance oversight of ESG, ethical compliance, and information technology and cybersecurity
• Amending the Code of Conduct to increase the breadth and specificity of standards
• Expanding disclosure in the Annual Report on Form 10-K addressing human capital management and diversity initiatives
• Established three committees composed entirely of independent directors

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to reliance on a limited number of suppliers for various laboratory instruments and materials
• Underscreening for colorectal cancer in underserved populations
• Lack of diversity in clinical trials historically

Mitigation Strategies

• Multi-month, multi-lot safety stock strategy
• Long-term supply agreements with critical vendors
• Grassroots strategy for ECLIPSE study enrollment, including community partnerships and mobile phlebotomy
• Partnerships with research institutions to address barriers to blood-based screening adoption in underserved communities

Supply Chain Management

Supplier Audits: Annual evaluation of key suppliers

Responsible Procurement

• ISO 13485 or ISO 9001 certifications for top suppliers
• Risk-based system for supplier assessment
• Developing a Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB standards for Biotechnology & Pharmaceuticals and Medical Equipment & Supplies industries

Certifications: CLIA, CAP, ISO 13485:2016, ISO 15189

Environmental Metrics

ESG Focus Areas

• Diversity and Inclusion
• Ethical Business Conduct
• Environmental Sustainability
• Supply Chain Management

Environmental Achievements

• Evaluating enterprise-wide greenhouse gas (GHG) emissions data for Scopes 1, 2, and 3
• Committed to establishing GHG reduction targets in line with the Science Based Targets Initiative (SBTi)

Social Achievements

• Global workforce comprised of approximately 55% women and 61% racially/ethnically diverse employees as of December 31, 2023
• 36% of director-level and above positions self-identified as racially/ethnically diverse and 42% self-identified as women
• Added a Neurodiversity employee resource group to help promote a diverse and inclusive workplace

Governance Achievements

• Board composition: 75% independence, 38% gender diversity, 38% racial/ethnic diversity

Climate Goals & Targets

Supply Chain Management

Supplier Audits: Each of our top suppliers, collectively representing around 90% of our annual procurement spend, has achieved certification to the ISO 13485 quality management system standard.

Responsible Procurement

• Initiated development of a Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: CLIA, CAP, ISO 13485 (suppliers)

Awards & Recognition

• Great Place to Work-Certified™ company
• Best Places to Work in IT
• Fast Company’s Most Innovative Companies in Biotech for 2024