Relay Therapeutics
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Energy Consumption:2,719,533 kWh
Water Consumption:1,621 CCF
Waste Generated:27,845 lbs (hazardous and lab waste); 26.1 metric tons (non-hazardous waste)
ESG Focus Areas
- Patient Safety
- Access to Medicines
- Drug Safety
- Supply Chain Management
- Community Engagement
- Human Capital Management
- Diversity, Equity and Inclusion
- Employee Health, Safety and Wellness
- Energy Management
- Water Use
- Waste Management
- Business Ethics
- Data Security
- Corporate Governance
Environmental Achievements
- Reduced water usage by more than 39% due to water-efficient fixtures and a green roof.
- 40% of hazardous and lab waste recycled.
- 72% of non-hazardous waste recycled.
Social Achievements
- 98% of employees would recommend Relay Therapeutics as a great place to work (2020 employee engagement survey).
- Relay Therapeutics’ turnover rates have been below 10%, compared to the Boston/Cambridge Biotech industry average of 25%.
- Participated in community service initiatives, including the American Cancer Society Bicycles Battling Cancer ride and supporting BAGLY.
Governance Achievements
- Established a cross-functional ESG Working Team and a diversity and inclusion advisory group.
- Implemented a Code of Business Conduct and Ethics with employee training and a whistleblower hotline.
- No monetary losses as a result of legal proceedings associated with corruption and bribery.
Climate Goals & Targets
Short-term Goals:
- Return to elimination of single-use plastic by the end of 2021.
Environmental Challenges
- Increased single-use plastic and solid trash waste due to the COVID-19 pandemic.
- Relying on external partners for GxP activities poses a risk of non-compliance with pharmaceutical quality standards.
Mitigation Strategies
- Commitment to return to elimination of single-use plastic by the end of 2021.
- Vendor oversight program with thorough and ongoing assessment of all GxP vendors, including quality audits and supplier management assessments.
Supply Chain Management
Responsible Procurement
- Approved Supplier List maintained by Quality Assurance Department; vendor selection based on technical, quality, and regulatory requirements.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN SDGs