Climate Change Data

Bio-Techne Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,290 tCO2e/year
Carbon Intensity:10.5 kgCO2e/square foot in 2022

ESG Focus Areas

  • Our People
  • Advancing Science
  • Governance & Operational Integrity
  • The Environment

Environmental Achievements

  • Expanded Scope 1 and Scope 2 GHG emissions reporting to include all sites in 2022.
  • Redesigned plastic secondary packaging to recyclable paper-based materials, resulting in 45,000 fewer plastic vial shippers.
  • Reclaimed 5,500 thermoformed plastic kit sets, avoiding nearly $10,000 worth of plastic scrap.
  • Redesigned and deployed improved double-wall cardboard shippers with reduced ink usage.
  • Optimized coolant materials in shippers to reduce shipping-related carbon footprint.
  • Designed bulk packaging to reduce overall packaging materials used.

Social Achievements

  • Achieved 77% positive feedback in the 2022 employee engagement survey.
  • Implemented 395 action plans to respond to employee feedback.
  • Improved communication through regular round table discussions with senior leaders.
  • Invested in improved systems and tools to improve employee productivity.
  • Expanded eligibility for long-term incentives.
  • Offered flexible and hybrid working.
  • Expanded resources for well-being and mental health.
  • Hired over 600 new employees, including key leadership.
  • Paid nearly $330,000 in referral bonuses.

Governance Achievements

  • Board oversees Bio-Techne’s strategy and risk management initiatives.
  • Established four Board Committees comprised entirely of independent directors.
  • Implemented data collection for GHG emissions.
  • Expanded ISO 14001 facilities.
  • Lowered energy consumption.
  • Continued investment in cybersecurity program.
  • Implemented multi-factor authentication for email accounts and external network access.
  • Updated and expanded data and cybersecurity training for employees.

Climate Goals & Targets

Short-term Goals:
  • Reduce water consumption.
  • Increase use of renewable electricity sources.

Environmental Challenges

  • Global talent acquisition, engagement, and retention challenges.
  • Supply chain disruptions.
  • Cybersecurity threats.
Mitigation Strategies
  • Focused on seeding a future talent pipeline, fortifying culture, co-creating recruiting strategies, integrating learning and development, and optimizing talent systems.
  • Implemented strategies to increase inventories of high-risk inputs, collaborate with strategic suppliers, and improve demand planning processes.
  • Continued investment in cybersecurity technologies, employee training, and incident response planning.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Conflict Minerals Report
  • Risk management of critical materials

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: ISO 13485, ISO 9001, ISO 14001, MDSAP, CLIA, CAP

Sustainable Products & Innovation

  • Maurice Flex cartridge & reagent kit with paper packaging.

Awards & Recognition

  • Charitable Initiative of the Year from CiteAb