Ligand Pharmaceuticals Incorporated
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental
- Health
- Safety
Environmental Achievements
- Implemented green initiatives that reduce our overall carbon footprint
- Reduced water requirements in our contractor’s manufacturing processes
- Minimized packaging to reduce waste and fuel for shipping
- Implemented employee programs to educate and provide incentives for conservation, promote recycling and disposal programs for corporate and laboratory materials and electronic waste
- Started a program installing low-voltage lighting
Social Achievements
- Expanded safety programs
- Hold safety meetings and inspections to minimize risks associated with our R&D work
- Established a toll-free hotline for employees and third parties to confidentially report concerns
Governance Achievements
- Nominating and Corporate Governance Committee of our Board of Directors oversees our EHS policy
- President and Chief Operating Officer is responsible for endorsing the EHS policy and briefs the Nominating and Corporate Governance Committee at least annually
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Code of Conduct and Ethics Policy establishes the principles and practices of ethical business to which we expect all of our suppliers, business partners, and employees to adhere
- committed to inclusive sourcing and procurement practices
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- energy and resource efficiency
- employee and board diversity
- workplace health and safety
- waste management
- human capital management
- leadership with vendors and partners on environmental goals
- business ethics and compliance
- data privacy and protection
Environmental Achievements
- progressed our $2.5 million solar investment at Kansas University Innovation Park
- modified the Captisol manufacturing process resulting in water savings and packaging reduction
- implemented other green initiatives that reduce our overall carbon footprint
- implemented employee programs to educate and provide incentives for conservation
- enhanced recycling and disposal programs for corporate and laboratory materials and electronic waste
- installed low-voltage lighting in offices
- made donations to nonprofit organizations focused on environmental protection
Social Achievements
- As of December 31, 2023, approximately 17% and 10% of our workforce is Asian and Hispanic, respectively. Additionally, 52% of our workforce is female and 48% is male.
- work with minority organizations for outreach to identify qualified candidates
- providing our employees work equipment in a safe and ergonomic manner
- encouraging our employees to be charitable and to support local, national, and international 501(c)(3) organizations by providing a company match to employee charitable cash contributions
- supporting employee involvement in local community service, conservation, and social justice programs by offering paid time off
- made donations to nonprofit organizations that protect underserved communities in the United States
Governance Achievements
- ESG matters are managed and monitored by senior management throughout the year and the Board exercises oversight over ESG matters.
- reviewed and provided regular employee training on cybersecurity policies.
- private incidence hotline to allow anyone to anonymously report concerns or report to the Board any violations of laws, the code of conduct or other company policies.
- engaged ESG consultants to assist with policy reviews.