Climate Change Data

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Climate Impact & Sustainability Data (2014, 2015, 2018, 2019, 2020, 2021, 2022, 2023)

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:133,621 metric tons of CO2e
Total Energy Consumption:64,618,640 kWh (electricity) and 14,947,200 kWh (natural gas)
Waste Generated:164,871 lbs (biohazardous waste)
Carbon Intensity:Increased by 5.05% per square foot, decreased by 12.65% per FTE

ESG Focus Areas

  • People
  • Public
  • Planet

Environmental Achievements

  • Reduced biohazardous waste disposal by nearly 25% at key laboratory sites in 2014 (22% reduction from 2011 baseline, exceeding the 15% target)
  • Overall Scope 1, 2, and 3 emissions decreased by 3.5% in 2014
  • 2014 Electricity Usage dropped by 4% from 2013
  • 2014 Natural Gas Usage decreased by 10% over 2013

Social Achievements

  • Maintained employee retention rate at 88%
  • Maintained new hire retention rate at 87%
  • Maintained high performer retention rate at 93%
  • Increased impact of Healthy U Healthy Q wellness program to 70% globally in 2014
  • Total recordable injury rate in the U.S. was 0.58 in 2014 (9% reduction from 2013), well below the industry average of 1.1
  • Increased total number of training hours by 25% over the prior year

Governance Achievements

  • Completed a comprehensive business case project to define the value of sustainability at Quintiles
  • Continued to expand customer feedback and engagement initiatives
  • Achieved ISO 14001 certification for the Quintiles Group and three facilities (by late 2015)

Climate Goals & Targets

Environmental Challenges

  • Reducing the environmental impact of business travel
  • Developing more accurate ways to calculate paper usage and other waste stream generation globally
  • Maintaining accurate data collection and reporting of energy and emissions footprint
Mitigation Strategies
  • Enhanced efforts to optimize employee travel, increased teleconferencing, and a 10% increase in telecommuting activities
  • Improved methods to collect and analyze energy usage data across facilities
  • Data collection improvement project to enable more consistent, accurate, and frequent data collection and reporting

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct implemented in 2012
  • Risk-based assessments of critical suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 guidelines

Certifications: ISO 14001 (for three facilities and the Quintiles Group by late 2015), LEED (Durham, NC; San Diego, CA; Overland Park, KS; Bangalore, India), BREEAM (Edinburgh, Scotland; Reading, UK)

Awards & Recognition

  • American Heart Association’s Fit Friendly Worksite Gold
  • Britain’s Healthiest Workplace, Honorable Mention Ragan’s Health care PR and Marketing Award
  • Multiple country based Great Place to Work awards
  • Computerworld magazine’s “100 Best Places to Work in IT”
  • #1 CRO in CRO Quality Benchmarking Report by Industry Standard Research
  • CEO Cancer Gold Standard Program (ninth consecutive year)

Reporting Period: 2015

Environmental Metrics

ESG Focus Areas

  • Wellness and safety
  • Product innovation
  • Environmental responsibility
  • Ethical business practices
  • Diversity
  • Retention
  • Internal hires
  • Leadership development
  • Volunteerism
  • Customer and stakeholder feedback

Environmental Achievements

  • Reduced hazardous waste in research and development labs by nearly 9%
  • Reduced paper waste from U.S. sites by 65% since 2012

Social Achievements

  • Employee retention rates held steady between 86% and 88% since 2013
  • Healthy U Healthy Q program expanded to reach all employees in all regions
  • Total learning hours increased over 11% over 2014
  • $180,000 donated through matching gifts program

Governance Achievements

  • Selected as an index component of the Dow Jones Sustainability Indices (DJSI)

Climate Goals & Targets

Medium-term Goals:
  • Reduce global scope 1 and 2 carbon emissions by 10% by 2020 indexed to net service revenue
  • Establish binless offices at 25% of Quintiles sites by end of 2020
  • Increase reuse/recycling rates by 25% by end of 2020
  • Reduce motor vehicle/fleet related injuries by 10% by end of 2020
Short-term Goals:
  • Global tobacco-free workplace and global employee assistance program by 2018
  • Expand ISO 14001/OHSAS 18001 certifications to all laboratory and Phase I locations by the end of 2018

Environmental Challenges

  • Increase in biohazardous waste generation in 2015 due to the acquisition of Q² Solutions
  • Overall increase in Scope 1, 2, and 3 emissions by around 2.5% due to the addition of new sites
  • Challenges in accurately calculating paper usage and waste generation globally
  • Higher accident rates in 2015 due to increased number of drivers and enhanced reporting processes
Mitigation Strategies
  • Continued focus on managing hazardous and biological waste streams
  • Improved tracking, management, and reporting of emissions
  • Developing more accurate methods for calculating global waste generation
  • Increased communications and awareness of incident reporting, implementation of a new safety course

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Dow Jones Sustainability Indices (DJSI)

Certifications: CEO Cancer Gold Standard Program

Awards & Recognition

  • World’s Most Admired Companies – Fortune
  • Best CRO – SCRIP Awards
  • Americas Best Employers – FORBES
  • Asia-Pacific CRO of the Year – Frost & Sullivan
  • InformationWeek Elite 100 – InformationWeek
  • Fit Friendly Gold Award – American Heart Association

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:189704 metric tonnes equivalent
Scope 1 Emissions:36,784 metric tonnes equivalent
Scope 2 Emissions:54,447 metric tonnes equivalent
Scope 3 Emissions:97,241 metric tonnes equivalent

ESG Focus Areas

  • People
  • Planet
  • Public

Environmental Achievements

  • Implemented measures to increase the efficiency of HVAC systems and reduce energy consumption of idle equipment
  • Increased the percentage of sites engaging in waste reduction strategies
  • Improved waste minimization, segregation, and disposal through enhanced training and awareness

Social Achievements

  • IQVIA’s CEO Award program donated $100,000 to charities
  • IQVIA Day provided employees a day off for volunteer activities
  • Donated $50,000 to the North Carolina Disaster Relief Fund and $21,000 to match employee donations to the Red Cross after Hurricane Florence

Governance Achievements

  • Established a policy framework to reinforce culture and core values
  • Global Corporate Policies align with the Code of Conduct, “Doing the Right Thing”
  • Over 98 percent completion rate for required compliance courses
  • Implemented accident reporting processes across all merged and acquired entities

Climate Goals & Targets

Environmental Challenges

  • Greenhouse gas emissions from business travel
  • Waste management and disposal
  • Implementing consistent accident reporting processes across all entities
Mitigation Strategies
  • Efforts to decrease airline use and company car carbon emissions
  • Increased teleconferencing and telecommuting
  • Promoting transportation alternatives (public transit, ride-sharing, cycling)
  • Waste reduction strategies and improved waste management practices
  • Implementing a new “all hands” safety course and accident reporting processes

Supply Chain Management

Responsible Procurement
  • IQVIA Supplier Code of Conduct

Climate-Related Risks & Opportunities

Awards & Recognition

  • One of the 2018 FORTUNE “World’s Most Admired Companies®”

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:178,992 tonnes CO2 equivalent
Scope 1 Emissions:37,342 tonnes CO2 equivalent
Scope 2 Emissions:53,345 tonnes CO2 equivalent
Scope 3 Emissions:90,872 tonnes CO2 equivalent

ESG Focus Areas

  • Planet
  • People
  • Public

Environmental Achievements

  • Reduced global real estate portfolio by 110,000 square feet, contributing to an overall reduction of 7,743 tonnes in GHG emissions
  • Reduced paper usage by 15 million sheets and decommissioned 200 printers, resulting in a combined reduction of 185 tons of CO2 emissions
  • Achieved a Bronze Rating from EcoVadis

Social Achievements

  • Invested in a common global learning platform
  • Launched the Brave Minds employee value proposition
  • Provided a variety of health and welfare benefit plans to employees and their family members
  • Donated over $1 million to various health-related nonprofit organizations
  • IQVIA Day encourages employees to participate and receive a day off to perform volunteer activities within their local communities.

Governance Achievements

  • Established and maintains written guidelines for appropriate and acceptable conduct
  • Implemented a robust Ethics and Compliance Program
  • Provides various channels for employees to report potential or actual violations of law, regulation, or policy

Climate Goals & Targets

Short-term Goals:
  • Achieve Silver Rating from EcoVadis by end of 2020

Environmental Challenges

  • Climate change impacts on human health and well-being (increased spread of infectious diseases, waterborne diseases, food insecurity)
  • Increased energy consumption due to business growth
  • Managing GHG emissions from business travel
  • Improving data collection processes to reduce the use of estimated data in future years
Mitigation Strategies
  • Implementing measures to increase the efficiency of HVAC systems and reduce energy consumption of idle equipment
  • Using Energy Star certified equipment
  • Extending the useful life of servers and other equipment
  • Increasing the number of sites tracking energy and natural gas usage
  • Decreasing airline use and company car carbon emissions
  • Optimizing employee travel and increasing teleconferencing and telecommuting activities
  • Promoting transportation alternatives (public transit, ride-sharing, cycling)
  • Considering proximity to public transport when choosing new offices

Supply Chain Management

Responsible Procurement
  • IQVIA Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Increased spread of infectious diseases
  • Access to clean water
  • Food insecurity
  • Food hygiene issues
Transition Risks
  • Increased energy consumption and operational costs
Opportunities
  • Supporting customers in an expanded capacity as demand for healthcare and biopharmaceutical solutions rises

Reporting Standards

Frameworks Used: CDP

Certifications: ISO 14001:2004, OHSAS 18001

Sustainable Products & Innovation

  • Energy efficient electronic data services

Awards & Recognition

  • One of the 2019 FORTUNE “World’s Most Admired Companies®”,
  • One of the Best Employers for Women 2019 by Forbes

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Data privacy
  • Cyber security
  • Diversity & inclusion
  • Climate change
  • Waste management
  • Sustainable procurement
  • Ethics and compliance

Environmental Achievements

  • Reduced global real estate portfolio by ~200,000 square feet (3%) in 2020
  • Removed 100% of single-use plastic in all office facilities by the end of 2021 (target)

Social Achievements

  • Launched IQVIA Cares, providing financial aid to over 2,200 employees experiencing hardship due to the pandemic
  • Launched Black Outreach & Engagement Initiative to improve engagement among Black colleagues
  • Increased disclosure on diversity and inclusion, providing key demographic data in public filings
  • 81% favorable employee engagement rating (13 percentage point increase from 2018)
  • Accelerated rollout of Employee Assistance Program to all employees

Governance Achievements

  • Appointed a Board member to provide Board oversight of Sustainability and Corporate Citizenship program
  • Reinforced ethics and compliance program through enhanced policies and management certification of compliance
  • Joined the UN Global Compact

Climate Goals & Targets

Medium-term Goals:
  • Set a science-based target, certified by the Science-Based Targets initiative (SBTi), by the end of 2023
Short-term Goals:
  • Remove 100% of single-use plastic in all office facilities by the end of 2021

Environmental Challenges

  • COVID-19 pandemic impact on employees, operations, and travel
  • Data privacy and cybersecurity risks
  • Managing environmental impact of a largely remote workforce
Mitigation Strategies
  • Implemented flexible work-from-home arrangements
  • Developed robust safety protocols for on-site employees
  • Launched COVID-19 relief program (IQVIA Cares)
  • Increased cybersecurity efforts
  • Reduced global real estate footprint
  • Continued focus on energy efficiency and renewable energy

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Increased risk of infectious diseases, water-borne illnesses, food insecurity
Transition Risks
  • Increased energy consumption due to growing demand for healthcare solutions
Opportunities
  • Energy efficiency improvements, renewable energy use

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 14001:2015, ISO 45001:2018

UN Sustainable Development Goals

  • 12
  • 13

IQVIA has identified four UN Sustainable Development Goals (SDGs) that it believes it can have the most impact towards advancing. A target is in place for SDG #12, and a target for SDG #13 will be created by 2023.

Awards & Recognition

  • 2020 FORTUNE: World’s Most Admired Companies®
  • Forbes: World’s Best Employers 2020
  • Fierce Innovation Awards: Life Sciences Edition – IQVIA eCOA, Digital Health category
  • American Business Awards: Gold Winner for Technology Innovation of the Year (RIM Smart) and Silver Winner for Most Innovative Company (IQVIA)
  • Life Science Leader CRO Leadership Awards

Reporting Period: 2021

Environmental Metrics

Scope 1 Emissions:10,471 tCO2e (2020)
Scope 2 Emissions:38,180 tCO2e (2020)
Scope 3 Emissions:22,884 tCO2e (2020)
Renewable Energy Share:100% in Scotland lab (2021)
Total Energy Consumption:122,606 MWh (2020)

ESG Focus Areas

  • Climate change
  • Diversity and Inclusion
  • Governance
  • Data Privacy
  • Cybersecurity
  • Ethical Business Conduct

Environmental Achievements

  • Reduced total GHG emissions year-over-year across Scopes 1, 2, and 3
  • Continued to reduce energy consumption
  • Transitioned to 100% renewable energy supply in Scotland laboratory
  • Removed all single-use plastics from office facilities worldwide

Social Achievements

  • Increased gender and racial/ethnic diversity of the Board
  • Increased gender and racial/ethnic diversity of the workforce
  • Improved employee engagement levels (85% favorable rating)
  • Expanded Employee Resource Group (ERG) program
  • Enhanced connections with Historically Black Colleges and Universities (HBCUs)
  • Launched IQVIA Global Well-being Program (Healthy You)
  • Launched Real Talk initiative for managers on D&I
  • Launched Mentoring for Inclusion program
  • Launched Sponsorship Program

Governance Achievements

  • Amended Nominating and Governance Committee charter to explicitly state responsibility for ESG oversight
  • Enhanced Board diversity with new appointments
  • Adopted GRI, SASB, and TCFD reporting frameworks
  • Publicly disclosed Employment Information Report EEO-1
  • Implemented a Commitment to Compliance Performance Goal for all employees

Climate Goals & Targets

Short-term Goals:
  • Set a science-based target by end of 2023 to reduce carbon emissions

Environmental Challenges

  • Climate change's potential impact on human health and well-being
  • Increased cost of raw materials
  • Increased insurance claim liability due to extreme weather
  • Potential impact on revenue from fluctuating demand
  • Acute physical risks from extreme weather events
Mitigation Strategies
  • Reducing real estate footprint and business travel
  • Investing in renewable energy and energy efficiency measures
  • Implementing energy-saving measures (HVAC, equipment)
  • Promoting lower-carbon travel options
  • Implementing flexible work-from-home arrangements
  • Utilizing a risk tool to identify threats and vulnerabilities
  • Comprehensive business continuity and disaster recovery program

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Increased risk of infectious diseases
  • Water-borne illnesses
  • Food insecurity
  • Extreme weather events
Transition Risks
  • Increased cost of raw materials
  • Increased insurance claim liability
  • Fluctuating demand for products/services
Opportunities
  • Expanded role supporting customers in disease treatment

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001:2015, ISO 45001:2018

Third-party Assurance: Apex Companies, LLC (2020 GHG data)

UN Sustainable Development Goals

  • Goal 3: Good Health and Well-being
  • Goal 5: Gender Equality
  • Goal 8: Decent Work and Economic Growth
  • Goal 13: Climate Action

See page 18

Awards & Recognition

  • FORTUNE World’s Most Admired Companies
  • FORTUNE #1 Healthcare: Pharmacy and Other Services
  • Six Human Capital Management Excellence Awards from the Brandon Hall Group

Reporting Period: 2022

Environmental Metrics

Scope 1 Emissions:7,587 tCO2e/year (2021)
Scope 2 Emissions:28,124 tCO2e/year (2021)
Scope 3 Emissions:536,986 tCO2e/year (2021)
Renewable Energy Share:12% (approx.)
Total Energy Consumption:80,174 MWh/year (2021)

ESG Focus Areas

  • Climate change
  • Diversity and inclusion
  • Data privacy
  • Employee well-being
  • Ethical conduct
  • Clinical trial safety
  • Healthcare access and equity
  • Cybersecurity
  • Employee development

Environmental Achievements

  • Reduced Scope 1 and 2 emissions in both absolute and per employee terms
  • Increased Scope 3 emissions reporting boundary
  • Achieved first My Green Lab certification for Q2 Laboratory in Livingston, U.K.

Social Achievements

  • Launched Career Connections platform, an AI-driven talent marketplace
  • Expanded Future and Emerging Leader Programs
  • Introduced T&L navigator, a chatbot service
  • Promoted extensive training portfolio, with over 1.3 million visits and 1.8 million e-learning programs completed
  • Launched IQVIA’s new Employee Value Proposition (EVP)
  • Launched eighth employee Resource Group (ERG), the Disabilities and Careers Network
  • Increased participation in ERGs by 40%
  • Continued development and implementation of Black Outreach and Engagement (BOE) initiatives
  • Improved patient outcomes through Decentralized Clinical Trials (DCT) program, achieving GDPR validation
  • Launched self-collection lab panel
  • Connected devices business added 50 net new customers

Governance Achievements

  • Refreshed the leadership of Board Committees
  • Implemented a majority voting standard
  • Adopted stockholders’ right to request a special meeting
  • Declassified the Board
  • Made over 20 distinct enhancements to corporate governance program since 2020

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050 from a 2019 baseline year
Medium-term Goals:
  • Reduce absolute Scope 3 emissions by 46% by 2030 from a 2019 baseline year
  • 69% of IQVIA suppliers will have a science-based target by 2028
Short-term Goals:
  • Reduce Scope 1 and 2 GHG emissions by 69% by 2030 from a 2019 baseline year
  • Reduce business travel per FTE by 55% by 2030 from a 2019 baseline year
  • Increase number of MGL certified labs

Environmental Challenges

  • Supply chain disruptions due to climate events (implied)
  • Maintaining data privacy in a large global organization
  • Cybersecurity threats
  • Addressing health disparities among diverse populations
  • Reducing the environmental footprint of clinical trials
Mitigation Strategies
  • Submitted Scope 1, 2, and 3 emissions reduction targets to SBTi for approval
  • Implementing sourcing tools to improve diversity across the supply chain
  • Investing in enhancing cybersecurity capabilities
  • Implementing BOE initiative, ERGs, and diversity-focused learning opportunities
  • Exploring solutions to reduce clinical trial emissions through the Innovation Hub
  • Developing a new process to decontaminate and recycle glass vials

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (covering environment, ethics & compliance, health & safety, labor & human rights)

Climate-Related Risks & Opportunities

Physical Risks
  • Chronic physical impacts of climate change on human health (changes in disease rates, immunity, spread of infectious diseases, malnutrition, contaminated water)
Transition Risks
  • Increased cost of raw materials
  • Increased insurance claim liability
  • Potential impact on revenue from fluctuating demand
Opportunities
  • Increased demand to support customers in extended capacity due to rising disease rates

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, SDGs

Certifications: ISO 14001, ISO 45001, My Green Lab

Awards & Recognition

  • FORTUNE World's Most Admired Companies
  • Brandon Hall Group Human Capital Management Excellence Awards (four awards)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Scope 3 emissions and overall decarbonisation of the supply chain
  • Water scarcity and pharmaceuticals in the environment/antimicrobial resistance
  • Lack of clear plans to reduce carbon emissions across the industry
  • Lack of clarity on circularity hindering emission reduction targets
Mitigation Strategies
  • Collaboration among industry players (e.g., PSCI, Together for Sustainability)
  • Strengthening ties with upstream and downstream players
  • Sharing supplier audits and assessments among members
  • Clear communication of requirements from licence holders to suppliers
  • Initiatives like Ferrer Pharma's Sustainable Packaging Model
  • WHO's Operational Framework for Sustainable Healthcare Systems

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Ferrer Pharma's Sustainable Packaging Model

Awards & Recognition

  • Not disclosed