Exact Sciences Corporation
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:25,251 mtCO2e
Scope 1 Emissions:11,031 mtCO2e
Scope 2 Emissions:13,221 mtCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:12.3%
Total Energy Consumption:139,562 MMBTU
Water Consumption:12,566,331 gals
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Human Capital
- Community Engagement
- Business Ethics
- Product Quality
- Access to Health Care
- Environmental Stewardship
Environmental Achievements
- Achieved 39% energy reduction versus the LEEDv4 ASHRAE 90.1-2010 Appendix G baseline at Discovery Campus Lab
- Recycled nearly 80% of hazardous waste associated with Cologuard sample collection and testing processes (more than 95,000 pounds)
Social Achievements
- Great Place to Work certified for the third consecutive year (88% of employees say it is a great place to work)
- 54% workforce gender diversity
- Contributed over 4,800 volunteer hours
- Donated more than $8 million in donations and educational and research grants
- Launched the “Screening Has Meaning” campaign to improve colorectal cancer screening awareness for Black and Hispanic populations
- Partnered with Stand Up to Cancer to raise colorectal cancer screening awareness
Governance Achievements
- Implemented changes to annual incentive bonus program to minimize discretion
- Increased performance-based equity for CEO's long-term incentives to 60%
- Improved disclosures in 2021 proxy statement to enhance transparency around compensation
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- One employee fatality occurred during 2021 in a road accident
- Need to improve diversity of enrollees in clinical studies
- Addressing climate-related risks (extreme weather, regulatory changes)
Mitigation Strategies
- Evaluating ways to enhance safety programs
- Initiatives underway to improve diversity of enrollees in clinical studies (transportation services, translated materials, procedure coverage)
- Regularly evaluates ways to reduce resource needs of operations and environmental impacts of products
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Screening of direct materials suppliers for compliance with Modern Slavery Act of 2015; no conflict minerals
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting operations and employee access to facilities; impact on patients and healthcare providers
Transition Risks
- Regulatory changes leading to increased operating and commodity costs
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: Great Place to Work, ISO 13485
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- America’s Healthiest Companies (Platinum Well Workplace Award)
- American Heart Association’s Workplace Health Achievement Index (Gold level)
- ASHRAE Technology Award (First Place)