Climate Change Data

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