Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Human Capital
• Governance and Responsible Business Practices
• Supply Chain Management
• Product Quality
• Data Security

Environmental Achievements

• Developed an Environmental Policy with a commitment to reduce environmental impact and continually improve environmental performance.
• Partnered with a supply chain mapping company to create a traceable and transparent supply chain incorporating environmental and social aspects.
• Implemented data collection to establish a baseline environmental performance regarding energy, water, raw materials, waste, and GHG emissions.
• Implemented six electric vehicle stations at the San Diego facility.

Social Achievements

• Expanded Employee Health and Safety (EHS) management system with a new online incident reporting system.
• Introduced safety as an employee core competency in performance evaluations.
• Received 90% overall participation in the employee engagement survey, with 75% of employees indicating satisfaction.
• Implemented new programs, including leadership training for all managers.
• Included in the State Street Global Advisors Diversity Index.
• Provided $100,000 to local coronavirus relief efforts in each location.
• Provided philanthropic funds to each site and matched employee donations for Black Lives Matter.
• Supported Voices for Children with a $25,000 donation.

Governance Achievements

• Amended the charter of the Compensation and Nominating Committee to include the review and oversight of ESG matters.
• Established an ESG Working Group at the management level.
• Received ISO 9001:2015 certification for quality management at all facilities.
• Supported COVID-19 vaccine development efforts.
• Participated in leading supply chain industry partnerships.
• Instituted a toll-free, confidential, and anonymous Ethics Hotline.

Climate Goals & Targets

Environmental Challenges

• Need to further develop and formalize their approach to diversity and inclusion.
• Need to further map their supply chain for full transparency.

Mitigation Strategies

• Assessing ways to measure supplier diversity to launch a more formalized supplier diversity program.
• Mapping Tier I through Tier III suppliers to gain full transparency in their supply chain.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct aligned with UN Guiding Principles on Business and Human Rights
• ESG incorporated in quarterly Business Reviews with major suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, UN SDGs

Certifications: ISO 9001:2015

UN Sustainable Development Goals

• Goal 3
• Goal 5
• Goal 8
• Goal 9

Alignment described in the report

Awards & Recognition

• State Street Gender Diversity Index

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Impact
• Governance

Environmental Achievements

• Measured and reported Scope 1 and 2 GHG emissions, energy, waste, and water consumption.
• Incorporated LED lighting, low-flow fixtures, and solar panels into new facilities to reduce energy consumption.
• Implemented enterprise-wide recycling program and added organic waste recycling.

Social Achievements

• Launched first employee resource group, Women in Leadership.
• Implemented a new five-day onboarding program, "Foundations", with 20+ hours of training.
• Trained 144 managers on behavioral-based interviewing and bias training.
• Reduced OSHA incident rate by 64%.

Governance Achievements

• Adopted a new Board Committee structure with three committees: Audit; Compensation and Leadership Development; and Nominating, Governance and Risk.
• Updated Code of Business Conduct and Ethics Policy.
• 100% of Board Committees chaired by independent women.

Climate Goals & Targets

Environmental Challenges

• Need to enhance internal communications surrounding day-to-day progress and future business plans.
• Managing supply chain risks, including potential product shortages and disruptions due to weather or geopolitical issues.

Mitigation Strategies

• Implementing a regular cadence of communications and enhancing existing communication channels.
• Identifying alternative and backup suppliers, monitoring supplier locations, and participating in industry partnerships to manage supply chain risks.
• Developing a survey for critical raw material suppliers to assess compliance with the Supplier Code of Conduct.

Supply Chain Management

Supplier Audits: Third-party audits of high-risk suppliers every three years.

Responsible Procurement

• Supplier Code of Conduct covering integrity, labor, and environmental, health, and safety.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI, UN SDGs

Certifications: ISO 9001:2015

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 5: Gender Equality
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure

The report highlights how Maravai's activities contribute to these goals through product development, employee well-being, diversity initiatives, and innovation.

Awards & Recognition

• Ranked 14th among San Diego’s Top 50 BioTech Companies
• Named to the 2022 Deloitte Technology Fast 500™ List

Environmental Metrics

ESG Focus Areas

• Employee development and training
• Employee wellbeing
• Product quality and safety
• Workplace health and safety
• Customer welfare and satisfaction
• Talent attraction and retention

Environmental Achievements

• Improved accuracy of Scope 1 and 2 greenhouse gas (GHG) emissions calculations.
• First-time reporting on many Scope 3 GHG emissions.
• Installation of solar panels at Cygnus Technologies facility, expected to offset site's energy use in 2024.

Social Achievements

• 97% employee engagement survey participation rate.
• 830 employees completed voluntary training courses.
• Over 80 employees volunteered more than 640 hours of community service.
• Employee contributions of over $19K to non-profit organizations were matched by Maravai.
• Expanded Employee Resource Group (ERG) initiative.
• Launched a new structured internship program.

Governance Achievements

• Formally adopted the “Rooney Rule” for director nominees.
• 100% of the standing Committees of our Board were chaired by women who are independent board members.
• New program announced to elect a dedicated ethics liaison at different levels of Maravai.
• Added redundant capacity to manufacture small molecules, including CleanCap®, bolstering resilience to unforeseen disruption.

Climate Goals & Targets

Environmental Challenges

• Complex carbon footprint spanning the entire business.
• Potential increase in energy, waste, and water consumption with business growth.
• Understanding and mitigating physical and transition climate-related risks.

Mitigation Strategies

• Extensive analysis of direct operations and energy use, based on utility data.
• Implementing a robust carbon emissions reduction program.
• Reducing the impact of each site through initiatives like solar panels and energy-efficient building design.
• Using biodegradable materials in packaging and shipments.
• Employee education and engagement through training and initiatives like the Earth Week Challenge.

Supply Chain Management

Supplier Audits: High-risk suppliers audited every three years.

Responsible Procurement

• Supplier Code of Conduct
• ESG criteria included in procurement decisions
• Supplier Qualification Program
• SourceMap software for supply chain mapping and risk assessment

Climate-Related Risks & Opportunities

Physical Risks

• Changing weather patterns impacting facilities and operations

Transition Risks

• Shift towards a low-carbon economy

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI, UN SDGs

Certifications: ISO 9001:2015 (all manufacturing sites), ISO 13485 (Alphazyme)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 3 (Good Health and Well-being)
• Goal 5 (Gender Equality)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation and Infrastructure)

Maravai's mission and activities contribute to these goals through product innovation, employee development, sustainable business practices, and community engagement.

Sustainable Products & Innovation

• CleanCap® M6 analog

Awards & Recognition

• 2023 R&D 100 Award (Cygnus Technologies for MockV® RVLP Kit)
• 2023 Pharma Innovation Award (TriLink’s CleanCap® M6 analog)