STEMCELL Technologies Inc.
Climate Impact & Sustainability Data (2022-07 to 2023-06)
Reporting Period: 2022-07 to 2023-06
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Diversity, Equity, and Inclusion
- Community Impact
- Corporate Governance
Environmental Achievements
- 39% landfill diversion rate (14-point increase from previous year)
- ISO 14001 recertification of Canadian facilities' EMS with 0 nonconformities
- Reductions in carbon intensity from shipping, dry ice, and waste
Social Achievements
- Launched six Employee Resource Groups (ERGs)
- Increased investments in benefits for gender-affirming care, mental health coverage, fertility treatments, and parental leave
- Achieved 82% Employee Engagement Score (9% above global benchmark)
Governance Achievements
- ISO 9001 and ISO 13485 recertification of Canadian facilities' QMS
- 80% supplier participation in ESG questionnaire
- Launched two iPSC products for research use, exceeding ethical, quality, and industry standards
Climate Goals & Targets
Medium-term Goals:
- Carbon neutral by 2025 for Canadian operations
Short-term Goals:
- Reduce carbon intensity by 5%
Environmental Challenges
- Overall carbon intensity increased 4% due to resumed employee travel and a new facility
- Overall waste intensity increased by 2%
- Need to expand Scope 3 emissions accounting to include global operations
Mitigation Strategies
- Implementing projects to reduce emissions in shipping, dry ice, and waste
- Investing in expanding sustainability program scope and reporting capacity
- Working towards carbon neutrality by 2025 for Canadian operations
- Developing a more complete understanding of upstream and downstream Scope 3 emissions
Supply Chain Management
Supplier Audits: 80% participation in ESG Questionnaire
Responsible Procurement
- ESG criteria incorporated into Supplier Performance Evaluation Program
- Supplier Sourcing Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, Greenhouse Gas (GHG) Protocol
Certifications: ISO 14001, ISO 9001, ISO 13485
UN Sustainable Development Goals
- Goal 6: Clean Water and Sanitation
- Goal 7: Affordable and Clean Energy
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
Sustainable Products & Innovation
- iPSC products
- Animal origin-free (AOF), animal component-free (ACF), and xeno-free (XF) products
Awards & Recognition
- Canada’s Best Managed Companies Award
- BioTalent Canada’s I.D.E.A.L. Bioscience Employer designation