Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community
• Humanitarian Aid
• Environment
• Business Sustainability
• Compliance
• Employee Well-being
• Product Stewardship

Environmental Achievements

• Reduced printing by 33% at International Headquarters in Athlone, Ireland
• Eliminated the use of almost 50,000 paper cups and over 30,000 plastic lids annually at International Headquarters in Athlone, Ireland
• Implemented water treatment capability at manufacturing plant in Kamunting, Malaysia
• Approved investment in solutions to convert sunlight into energy at selected manufacturing sites
• Reduced packaging for new UroLift® 2 System by 48%
• Beach clean-up in Portugal resulting in four bags of plastic collected

Social Achievements

• 11 employees volunteered at a children’s orphanage in Vesnova, Belarus
• 231 employees volunteered for various charities during JOIN Volunteering Week 2019 (Ronald McDonald House, Raleigh Food Bank, Goodwill Community Farm, Woodland Terrace Senior Living Community, Habitat for Humanity)
• Volunteering at Casa Ronald McDonald in Spain
• Volunteering with Feed My Starving Children in Illinois, packing 397 boxes (85,752 meals)
• 5k fun run/walk in Athlone, Ireland raising €1050 for Chernobyl Children International
• Animal donation drive in Jaffrey benefiting Monadnock Humane Society
• Launched an Interpersonal Development Skills program through JOIN and Teleflex Academy
• Upgraded manufacturing, food and recreation areas at selected manufacturing sites to improve employee well-being

Governance Achievements

• Updated Code of Ethics to reflect enhancements made to Corporate Compliance Program
• Updated Anti-corruption Policy
• Adopted a new Corporate Compliance Program Charter and Integrity Code
• Implemented regional Integrity Policies and Procedures
• Implemented a Third-Party Integrity Code
• Implemented a third-party management platform for due diligence
• Maintained a Health Care Provider Payment Tracking Policy
• Implemented a policy on Coordinating Disciplinary and Compliance Standards

Climate Goals & Targets

Environmental Challenges

• Declining pollinator populations
• Environmental impact of products and packaging
• Potential risks identified in annual Teleflex Enterprise Risk Assessment

Mitigation Strategies

• Planting with Purpose initiatives to promote pollination and habitat creation
• Reducing packaging for UroLift® 2 System
• Implementation of Zero Harm strategy for EHS across manufacturing operations and Global Supply Chain
• Risk-based global auditing and monitoring plan
• Corrective actions based on investigations of misconduct

Supply Chain Management

Responsible Procurement

• Product Stewardship program to minimize environmental impact

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• UroLift® 2 System with reduced packaging

Awards & Recognition

• Best Place to Work (MedReps)

Environmental Metrics

ESG Focus Areas

• Principles of Ethics & Governance
• Planet & Environment
• People & Human Rights
• Prosperity & Sustainable Procurement

Environmental Achievements

• Reduced resin use for product production by over 5 million pounds per year
• Installation of solar panels in Mexico and Malaysia manufacturing facilities to reduce carbon footprint
• Reduced plastic use in product packaging by over 15,000 pounds per year

Social Achievements

• Launched Supporting Our Working Parents Program in the U.S.
• Provided hazard pay for hourly employees at certain manufacturing sites and distribution centers
• Expanded the use of natural light and added collaborative work areas at several campuses

Governance Achievements

• Established a comprehensive strategic approach to CSR with a CSR Steering Committee
• Updated IPPs to align with changes published to the AdvaMed Code of Ethics
• Launched and trained employees on new Virtual Interactions with Healthcare Professionals IPPs globally

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacted auditing and monitoring plan
• Supply chain disruptions (implied)

Mitigation Strategies

• Shifted to remote auditing and monitoring where possible
• Implemented safety measures in facilities (social distancing, PPE)
• Added hazard pay and paid absenteeism for COVID-related reasons

Supply Chain Management

Responsible Procurement

• LSAS Policy issued to over 500 suppliers
• Supplier diversity initiatives

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 13485, ISO 9001

Sustainable Products & Innovation

• Arrow ® ErgoPack® Complete CVC Insertion System

Awards & Recognition

• Named as one of the Best Places to Work by the MedReps community for four consecutive years (2017-2020)

Environmental Metrics

ESG Focus Areas

• Ethics & Governance
• Planet & Environment
• People
• Prosperity & Sustainable Healthcare

Environmental Achievements

• Reduced scope 1 and 2 carbon emissions by nearly 9% between 2019 and 2022.
• Reduced hazardous waste by nearly 36% between 2019 and 2022.
• Reduced total waste to landfill by over 31% between 2019 and 2022.
• Reduced natural gas usage by over 16% between 2019 and 2022.
• Reduced absolute electricity usage by over 7% between 2019 and 2022.
• Generated over 6.7 GWh of renewable electricity in 2022.

Social Achievements

• Educated over 185,000 healthcare providers on safe and effective use of products in 2022.
• Provided over $800,000 in medical education grants in 2022.
• Nearly 97% of employees returned to work after parental leave.
• ~36% of new U.S. hires were non-white.
• ~27% of new U.S. hires came via employee referral.

Governance Achievements

• Received an A rating in the MSCI ESG Ratings assessment in 2022.
• Updated the Nominating and Governance Committee’s charter to include ESG oversight.
• Zero known information security or data security breaches.

Climate Goals & Targets

Environmental Challenges

• Increased absolute water use at manufacturing sites by over 5% between 2019 and 2022 (attributed to process changes and leaks).
• Climate change and its impact on the business.

Mitigation Strategies

• Improved cleaning processes to enhance product quality and safety.
• Fixed on-site water leaks.
• Implementing projects to maximize natural gas efficiency.
• Investing in renewable energy sources (solar PV installations).
• Replacing refrigerant units to reduce ozone-depleting substances and power demand.

Supply Chain Management

Responsible Procurement

• Sustainable procurement practices are mentioned but not detailed.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Sustainable Products & Innovation

• UroLiftTM UL2 System (reduces material and packaging).

Awards & Recognition

• 2022 ESG Recognition Award from the Association of Malaysian Medical Industries (AMMI) for the Kulim, Malaysia plant.

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion
• Corporate Governance
• Product Sustainability
• Healthcare Access and Equity

Environmental Achievements

• Committed to reaching net-zero greenhouse gas emissions across its value chain by 2050 (validated by SBTi)
• Generated over 7.5 GWh of renewable electricity at 7 manufacturing sites equipped with solar PV installations
• Improved ESG ratings in MSCI, ISS ESG QualityScore, and Morningstar Sustainalytics

Social Achievements

• Launched Sustainability Medical Advisory Board
• Increased diversity on the Board of Directors
• Continued expansion of learning and development programs
• Focused on sustainable healthcare program to expand its impact
• Improved ESG ratings across major agencies
• Provided $8.5 million in clinical research grants
• Educated over 250,000 healthcare providers on safe and effective use of products
• 100% of U.S. employees returned to work after parental leave

Governance Achievements

• Increased diversity on our Board of Directors
• Announced near-term and long-term Net Zero targets for climate action (validated by SBTi)
• Conducted first climate change risk and opportunity assessment
• Improved in all major ESG ratings
• Achieved 97% completion rate for Global Code of Ethics Training
• Achieved 98% completion rate for Conflict of Interest Training
• Zero dollars spent in direct political donations

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events
• Managing climate-related risks and opportunities
• Meeting evolving ESG standards
• Ensuring equitable access to healthcare

Mitigation Strategies

• Developed alternative sourcing strategies
• Conducted climate risk assessment with third-party agency
• Implemented various projects to reduce greenhouse gas emissions
• Developed a product sustainability strategy focusing on sterilization, packaging, and materials
• Expanded humanitarian product donation program
• Improved ESG ratings

Supply Chain Management

Supplier Audits: Number not specified, but online sustainability survey conducted with top 100 raw material suppliers, achieving a 60% response rate

Responsible Procurement

• Sustainability survey of top 100 suppliers
• Implementation of third-party sustainability software platform
• Integration of sustainability requirements into Supplier Business Review process
• Conflict Minerals Policy
• Labor Standards Assurance System (LSAS)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Flooding

Transition Risks

• Regulatory changes (carbon pricing)
• Market shifts (customer demand for low-carbon products)
• Changes in cost and availability of energy and raw materials

Opportunities

• Development of energy-efficient products and processes
• Investment in renewable energy

Reporting Standards

Frameworks Used: GRI 2021 Standards, SASB industry-specific standards for medical equipment, TCFD guidelines

Certifications: ISO 14001 (at 3 sites), ISO 45001 (at 3 sites)

Third-party Assurance: None, considering external assurance in the future

UN Sustainable Development Goals

• Goal 3
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 11
• Goal 12
• Goal 13
• Goal 14
• Goal 15

Initiatives contribute to these goals through various environmental, social, and governance programs

Sustainable Products & Innovation

• Transitioning to sustainable EO sterilization cycles
• Reducing material usage in product packaging
• Increasing use of PCR material in packaging
• Replacing hazardous materials in products

Awards & Recognition

• MSCI ESG Rating of AA
• ISS ESG QualityScore ratings
• Morningstar Sustainalytics ESG Risk Rating of 24.6
• Best Workplaces in China 2023
• Inclusive Employer Award
• MedReps Best Place to Work Winner