Climate Change Data

Collegium Pharmaceutical, Inc.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Governance
  • Social
  • Environment

Environmental Achievements

  • Investing in clean-in-place manufacturing systems, enabling wastewater to be recycled and thereby reducing freshwater consumption.
  • Packaging products in recyclable materials.
  • Repurposing unneeded information technology equipment through donations to STEM education non-profits, thereby reducing the impact of electronic waste.
  • Implementing two manufacturing process improvement initiatives that reduce processing time, resulting in decreased energy consumption.
  • Implementing in-office processes to minimize the use of consumables such as paper and plastic cups.
  • Operating under a hybrid model where employees are in the office part-time, thereby reducing car emissions associated with employee commuting.

Social Achievements

  • Maintained excellent employee engagement (92% survey completion rate).
  • Initiated implementation of a multi-year Diversity, Equity, and Inclusion (DEI) strategic plan.
  • Donated over $350,000 to STEM initiatives and charities providing clothing and food.

Governance Achievements

  • Board of Directors provides guidance on strategic priorities and receives quarterly updates on ESG progress.
  • Executive Committee responsible for strategic oversight and implementation of ESG.
  • Employee-led Working Group discusses ESG prioritization and implementation.

Climate Goals & Targets

Environmental Challenges

  • Reducing the environmental impact of sales fleet.
  • Further reducing environmental impact of operations.
Mitigation Strategies
  • Exploring options to reduce the impact of our sales fleet, and to integrate hybrid and electric vehicles into our fleet as a strategic priority.
  • Developing an action plan to ensure active monitoring of resource use throughout the value chain and reviewing financial implications of environmental risks.

Supply Chain Management

Responsible Procurement
  • Vendor Code of Conduct (includes environmental, human rights, health and safety, and business ethics considerations).

Climate-Related Risks & Opportunities

Awards & Recognition

  • 2022 National Top Place to Work
  • 2021 Boston Globe’s Top Places to Work Massachusetts
  • 2020 Boston Business Journal’s Best Places to Work