Lineage Cell Therapeutics, Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Diversity, Equity, and Inclusion
- Employees and Communities
- Shareholder Favorable Governance
- Ethics and Business Conduct
- Risk Management
- Patient Safety
Environmental Achievements
- Complies with all applicable legal and regulatory requirements to minimize its environmental footprint.
- Implemented ways to boost efficiency, such as utilizing high-efficiency electrical equipment including LED and motion detector lighting and high-efficiency HVAC units.
- Headquarters uses recycled water for irrigation.
- Maintains formal hazardous waste and medical waste disposal policies and is further reviewing its water-use policy, as it relates to its new lab space.
Social Achievements
- 64% of the company’s workforce are women.
- Women and individuals from other underrepresented groups serve in many executive and senior leadership roles.
- Gave over $100,000 for community and volunteer initiatives.
- Classroom Partner (STEM in Title I Schools) program through Biocom.
- Provides comprehensive benefits to meet the needs of employees in each geography.
- Committed to pay equity and regularly review our compensation model to ensure fair and inclusive pay practices.
Governance Achievements
- Separate roles for the Chief Executive Officer and Chair of the Board
- 100% non-CEO Directors independent by NYSE American standards
- Maintains and publishes an Insider Trading Policy
- Maintains a “Whistleblower Hotline”
- 33% of directors are female, including the Chair of the Audit Committee.
Climate Goals & Targets
Environmental Challenges
- Relatively small environmental footprint, striving to employ more sustainable practices.
- Managing a responsible supply chain includes a proactive approach to supplier onboarding combined with a diligent auditing process to assess potential supply chain risks.
- Does not have full control over its supply chain nor the suppliers it does business with.
Mitigation Strategies
- Engaging with suppliers throughout its global value chain to measure and manage impacts in order to conserve resources, reduce costs, and promote ethical practices.
- Conducting periodic audits, known as Key Supplier Audits, to ensure materials meet quality standards.
- Continually seeking to partner with suppliers that share common values and a shared commitment to ESG objectives.
Supply Chain Management
Supplier Audits: Periodic audits for key items to ensure materials meet quality standards
Responsible Procurement
- Conducting periodic audits
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB