Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Reduction
• Talent Management
• Diversity, Equity, and Inclusion
• Ethical Business Conduct

Environmental Achievements

• Implemented an enterprise-wide ESG software solution (Salesforce.com – Net Zero Cloud) for greater transparency and efficiency in analysis.
• Achieved a 27% non-hazardous waste landfill diversion rate in 2022.
• Implemented a closed-circuit system for water used during freeze-drying in Codolet, France, expected to save 500m3 of water in 2023 compared to 2022.
• Upgraded all buildings at Hopkinton site to LED lighting.
• Optimized storage in cold areas at Codolet, France site to reduce electricity consumption.
• Installed 600 solar panels at Groningen, Netherlands site, producing an estimated 224 kWh of electricity annually.
• Boulder, Colorado site process improvements reduced waste generation and reagent usage, resulting in 100% reduction in spent silica waste, 3.5% reduction in halogenated waste, 210 gallons of waste not generated, and 69.4% reduction of solvent waste.

Social Achievements

• Launched a new pilot of BetterUp™ Care to over 2,000 employees globally for stress management and coaching.
• Partnered with WorkBetter Inc. at San Diego site to offer yoga, meditation, and HITT classes.
• Introduced the annual United in Giving Back initiative, engaging employees in community service projects globally.
• Launched Allyship Training Program to support LGBTQ+ colleagues.
• Implemented an internal pay equity review process.
• Published Gender Pay Gap Report for UK employees.
• Conducted a review of U.S. benefits offerings to address health disparities.

Governance Achievements

• Increased external disclosures of data, policies, and goals.
• Invested in ESG tools to improve data accuracy and transparency.
• Expanded company policies (Animal Welfare, Equality and Inclusion, Quality, Bioethics, Sustainable Procurement).
• Included ESG-related goals and targets in senior leadership incentive compensation plans.
• Established ESG oversight as a specific responsibility for the Board of Directors’ Nominating and Corporate Governance Committee.

Climate Goals & Targets

Environmental Challenges

• Collecting complete and transparent baseline sustainability metrics.
• Measuring Scope 3 emissions.
• Addressing pay inequities.
• Managing risks associated with climate change and supply chain disruptions.

Mitigation Strategies

• Created sustainability committees and identified champions across functions and global sites.
• Implemented Salesforce.com – Net Zero Cloud to improve data collection and analysis.
• Increased external disclosures.
• Invested in ESG tools.
• Expanded policies.
• Conducted pay equity reviews and benchmarking.
• Monitors market trends, customer and investor expectations, and infrastructure risks posed by climate change.

Supply Chain Management

Supplier Audits: All medical device facilities under ISO 13485 are subject to annual audits; non-medical facilities under ISO 9001 are audited at least every three years.

Responsible Procurement

• Supplier Code of Conduct
• ESG requirements incorporated into supplier RFPs
• Development of a supplier scorecard for ESG metrics.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 9001, ISO 13485, AS 9100, ISO 14001, ISO 45001

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industries, Innovation and Infrastructure
• Goal 10: Reduced Inequalities
• Goal 12: Responsible Consumption and Production
• Goal 16: Peace, Justice and Strong Institutions

Revvity's work supports these SDGs through its health science solutions, employee initiatives, and community engagement.

Sustainable Products & Innovation

• Sustainable packaging initiatives
• Process improvements to reduce waste and reagent usage.

Awards & Recognition

• EUROIMMUN Germany named a Kununu Top Company 2023
• China Team recognized for Social Media Recruiting
• EUROIMMUN U.S. named a 2023 New Jersey Top Workplace

Environmental Metrics

ESG Focus Areas

• Climate Change
• Waste Reduction
• Talent Management
• Equity & Fairness
• Ethical Supply Chain
• Data Protection & Privacy
• Ethical Business Conduct
• Human Rights
• Ethical Marketing
• Renewable Energy
• Water Conservation

Environmental Achievements

• Achieved a 7% reduction in year-over-year (YOY) Scope 1 and 2 emissions.
• Increased non-hazardous waste landfill diversion rate to 27% in 2023.
• Decreased total generated waste by 4% YOY.
• Significant increase in recycled and composted materials.

Social Achievements

• Reached 39% female representation across leadership positions.
• Achieved 75% employee satisfaction in 2023 with 85% employee participation.
• Expanded audited gender pay gap collection and analysis to additional countries.
• Launched mentorship program.
• Offered BetterUp™ coaching platform to employees.

Governance Achievements

• Established an AI Governance Counsel and Ethics Policy.
• Enhanced internal pay equity review process.
• Provided salary range transparency on U.S. job postings.
• Assessed pay practices in the U.S. resulting in a 3.5% improvement in equitable pay based on gender.
• Reported on gender pay gap in France, Spain, and the UK.

Climate Goals & Targets

Environmental Challenges

• Water scarcity at certain sites.
• Need to collect and report Scope 3 emissions.
• Maintaining pay equity across different regions and job functions.

Mitigation Strategies

• Focusing on water reduction projects at high-water-risk facilities.
• Planning to submit Scope 3 emission data and goals to SBTi for verification in 2025.
• Enhanced internal pay equity review process, salary range transparency, and alignment with local regulations.

Supply Chain Management

Supplier Audits: All medical device facilities under ISO 13485 are subject to annual audits; non-medical facilities under ISO 9001 are audited at least every three years.

Responsible Procurement

• Sustainable Procurement Policy
• Partnership with Ecovadis for supplier risk assessment.
• Due diligence for regulatory substances (RoHS, REACH, California Prop65, Dodd-Frank Act).

Climate-Related Risks & Opportunities

Transition Risks

• Market trends and customer/investor expectations regarding climate change.

Opportunities

• Development of sustainable solutions that generate less waste.

Reporting Standards

Frameworks Used: SASB, UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 9001, ISO 13485, AS 9100

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

Initiatives contribute to these goals through emissions reduction, waste reduction, and renewable energy exploration.

Sustainable Products & Innovation

• Electronic kit inserts to reduce paper waste.

Awards & Recognition

• EPA Pollution Prevention Award
• Great Place to Work certification (China and U.S.)
• CiteAb Award for cell line portfolio
• Five stars in America's Greenest Companies ranking