Aquestive Therapeutics, Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Waste Generated:2.1 tons in 2021
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced air travel by 60% in 2022 compared to 2019
- Reduced road travel by 28% in 2022 compared to 2019
- Upgraded lighting to LED in facilities, reducing power usage by 127,000 kWh
- Recycled universal and electronic waste, including batteries, lightbulbs, and computers
- Sent hazardous waste for fuel blending, producing only 2.1 tons of waste in 2021
Social Achievements
- Achieved >90% colleague vaccination rate for COVID-19 without mandate
- Sponsored patient assistance programs (PAP) for uninsured patients and co-pay support programs for insured patients
- Supported patient advocacy groups through sponsorships, volunteering, and donations
- Engaged colleagues in “Aquestive Gives Back” events supporting local communities
Governance Achievements
- Implemented a comprehensive governance framework focused on transparency and accountability
- Adopted a Code of Business Conduct and Ethics
- Established four standing committees (Audit, Compensation, Nominating and Corporate Governance, and Science and Technology) composed solely of independent directors
- Maintained GMP certification across facilities following regulatory inspections
Climate Goals & Targets
Short-term Goals:
- Further reduce paper records within the Quality Management System
Environmental Challenges
- Reducing environmental impact of paper-based quality systems documents
- Balancing the needs of patients and investors in drug pricing
Mitigation Strategies
- Transitioned some quality system elements from paper to electronic records
- Engaged in patient assistance programs and provided significant discounts to payers and insurers to improve access to Sympazan
- Participated in the Medicaid Drug Rebate Program
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Certifications: GMP
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
- Patient Focus
Environmental Achievements
- Reduced carbon footprint through hybrid work model
- Implemented green initiatives such as energy-efficient lighting and recycling programs
- Recycles universal and electronic waste, and solvent-based waste through fuel blending
Social Achievements
- Maintained a commitment to fair treatment and respect for all colleagues, prohibiting discrimination, harassment, and bullying
- Provided market-competitive pay and benefits, including incentive programs
- Prioritized employee health and safety through training and communication
- Spent nearly $60,000 supporting patient advocacy groups and approximately $120,000 attending conferences and medical events in support of allergy communities.
Governance Achievements
- Implemented a comprehensive governance framework focused on transparency and accountability
- Established a Code of Business Conduct and Ethics
- Maintained robust quality management systems and transitioned from paper-based to electronic systems
- Established standing committees (Audit, Compensation, Nominating and Corporate Governance, Science and Technology) to oversee various aspects of the business
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed