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