Climate Change Data

Environmental Metrics

ESG Focus Areas

• Innovation
• Building the Best Team
• Protecting Our Environment
• Foundational Elements

Environmental Achievements

• Commitment to 50.4% reduction in Scope 1 and 2 GHG emissions by 2032 (compared to 2021)
• Development of Decarbonization Roadmap
• Launch of enterprise-wide TCFD climate risk and opportunity assessment program
• Launch of DBS Water Stewardship Tool
• 29% reduction in percentage of non-hazardous/non-regulated waste sent to landfill or incineration since 2019

Social Achievements

• Increased female representation in our global workforce to 38% and U.S. People of Color (POC) representation to 41% in 2022
• Over 70% of our U.S. new hires were diverse in 2022
• Maintained pay equity in the U.S. by gender, by race and ethnicity in 2022
• Achieved base pay equity for women globally in 2022
• $18 million in community investment focused on Building a Diverse, STEM-ready Workforce, Advancing Healthcare Innovation and Protecting the Environment

Governance Achievements

• Adoption of Diversity, Equity and Inclusion Policy
• Global deployment of a management program to identify, assess and manage climate risks and opportunities based on elements of the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Climate change risks (physical and transition risks)

Mitigation Strategies

• Developed alternative sourcing strategies
• Developed a decarbonization roadmap
• Launched a climate risk and opportunity assessment program
• Deployed DBS Water Stewardship Tool

Supply Chain Management

Supplier Audits: >50% of annual supplier spend assessed by EcoVadis in 2022, aiming for 80% by end of 2023

Responsible Procurement

• Supplier Code of Conduct
• Sustainable Supply Chain Policy
• Conflict Minerals Policy Statement

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels
• Droughts
• Heat waves

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Reducing operating costs

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 13485

UN Sustainable Development Goals

• 3
• 4
• 5
• 6
• 8
• 9
• 10
• 12
• 13
• 14

Initiatives contribute to these goals through various programs and operations

Sustainable Products & Innovation

• Cytiva’s single-use products (recyclable)
• New cold storage shipping solution eliminating styrofoam

Awards & Recognition

• IR Magazine Awards
• Institutional Investor Awards
• Human Rights Campaign Corporate Equality Index (12 years in a row)

Environmental Metrics

ESG Focus Areas

• Innovation
• Team
• Environment
• Foundational Elements

Environmental Achievements

• Reduced Scope 1 and 2 GHG emissions by 20.3% compared to 2021.
• Reduced percentage of non-hazardous/non-regulated waste sent to landfill or incineration by 30% in 2023 compared to 2019.
• 44% of the electricity consumed by the Life Sciences segment was generated from renewable sources (compared to 5% in 2021).
• Life Sciences segment reduced CO2 emissions by 21% in 2023 compared to 2021 baseline.
• Pall achieved a 29% reduction of CO2 emissions in 2023 compared to 2021.
• Genomic Medicines businesses achieved a 42% reduction in CO2 emissions in 2023 compared to 2021.
• Cytiva’s Umeå, Sweden site became the business’s first fossil-free manufacturing site.
• Two of Cepheid’s California facilities began procuring 100% of their electricity requirements from renewable sources.
• Leica Biosystems’ EMEA manufacturing sites achieved a 61% reduction in CO2 emissions in 2023 compared to 2022.
• Radiometer purchased renewable electricity for two sites, resulting in 41% of their total electricity consumption coming from renewable sources.

Social Achievements

• Increased female representation in the global workforce to 40% and U.S. People of Color (POC) representation to 42% in 2023.
• More than two-thirds of U.S. new hires were women and/or People of Color in 2023.
• Maintained total direct compensation pay equity for women globally and for racial and ethnic minorities in the U.S.
• Invested nearly $12 million in communities in 2023, focused on Building a Diverse, STEM-ready Workforce, Advancing Healthcare Innovation and Protecting the Environment.
• Adopted a Diversity, Equity and Inclusion Policy.
• Expanded gender affirming care benefits for U.S. associates.

Governance Achievements

• Launched annual, enterprise-wide TCFD-based climate risk and opportunity assessment program.
• In partnership with EcoVadis, assessed sustainability practices of suppliers representing 75% of annual supplier spend in 2023.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to acute changes in climate patterns (wildfires, tornadoes, flooding, sea-level rise, elevated temperatures).
• Maintaining high ethical standards and complying with all applicable laws globally.

Mitigation Strategies

• Mirroring production at another site, implementing actions to reduce risk likelihood or impact, business continuity plans, alternative sourcing, supplier business continuity planning, insurance policies, risk acceptance.
• Robust corporate ethics and compliance function, Code of Conduct, compliance programs, Speak Up! helpline, internal audits, data analytics to identify and mitigate risks, annual ethics and compliance training.

Supply Chain Management

Supplier Audits: 75% of annual supplier spend assessed through EcoVadis

Responsible Procurement

• Supplier Code of Conduct
• Sustainable Supply Chain Policy
• Conflict Minerals Policy Statement

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Tornadoes
• Flooding
• Sea-level rise
• Elevated temperatures

Opportunities

• New solutions to address customer demands, improved business resiliency through renewable energy, reduced operating costs.

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, ISO 45001, ISO 13485, ISO 9001, ISO 50001

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 8
• Goal 9
• Goal 10
• Goal 12
• Goal 13

Sustainable Products & Innovation

• Cytiva’s plant-based recyclable liner for cold storage shipping.

Awards & Recognition

• Numerous IR Magazine Awards and Institutional Investor Awards

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Committed to set science-based greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi), including a long-term target to reach net-zero value chain emissions by no later than 2050.
• Existing commitment to reduce Scope 1 and 2 GHG emissions on an absolute basis by 50.4% by 2032 compared to 2021.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi