Intra-Cellular Therapies, Inc.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Waste Management
- Climate Change
- Occupational Health, Safety & Development
- Patient Welfare, Engagement & Advocacy
- Access & Affordability
- Drug Safety
- Cyber Security & Data Privacy
- Business Ethics
- Community Involvement & Philanthropy
- Supply Chain Management
Environmental Achievements
- Transitioned from blister pack to bottle product packaging, maximizing product utilization and reducing waste.
- Launched 42mg product with a significant shelf-life, minimizing waste by providing ample distribution time.
Social Achievements
- Maintained 12% annual employee turnover in 2022.
- Implemented a wellness program fostering mindfulness and well-being.
- Engaged with patient advocacy organizations (PAOs) to improve patient outcomes.
- Established a Patient Assistance Program (PAP) to support patients with financial difficulties.
Governance Achievements
- Reported zero monetary losses from corruption and bribery legal proceedings.
- Implemented a comprehensive suite of policies to ensure ethical conduct.
- Established a third-party whistleblower hotline.
Climate Goals & Targets
Long-term Goals:
- Report Scope 1 & 2 GHG emissions in alignment with SEC compliance.
Medium-term Goals:
- Transition towards low carbon transport.
- Integrate climate-related risks and opportunities into annual Enterprise Risk Assessment (ERA).
Short-term Goals:
- Identify and assess ESG risks, including climate-related risks.
Environmental Challenges
- Potential climate change impacts on operations, supply chain, and customers.
- Ensuring supply chain resilience against global disruptions.
Mitigation Strategies
- Implemented inventory placement strategy to limit disruptions due to weather-related events.
- Incorporated disaster risk assessments into supplier audits and established secondary sources at every level of the supply chain.
- Exploring greener alternatives for company cars.
- Leveraging third-party logistics (3PL) services to minimize carbon footprint.
- Preparing for amendments to the Drug Supply Chain Security Act (DSCSA) to reintroduce returned products into stock.
Supply Chain Management
Supplier Audits: Routine, with occasional engagement of external consultants.
Responsible Procurement
- Adherence to standards set by the FDA and regional health authorities.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Opportunities
- Transitioning towards low carbon transport
Reporting Standards
Frameworks Used: SASB, TCFD
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:200,069 KWh (total business)
Water Consumption:0.6 ML (total)
Waste Generated:2.5 US tons (total, including medical and hazardous)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Stewardship
- Social Responsibility & Well-being
- Governance
Environmental Achievements
- Reduced waste through process optimization and greener chemistry in manufacturing.
- 25% of total waste (excluding medical and hazardous waste) recycled.
- Adopted nitrogen generator technology, eliminating the need for nitrogen tanks and associated emissions.
Social Achievements
- Increased patient assistance programs, providing approximately $16 million in free products.
- Supported the Miami Foundation for Mental Health, establishing a community resource model.
- Decreased employee turnover rate from 12% in 2022 to 10% in 2023.
- Over 90% of commercial employees reported being proud to work at the company and nearly 90% recommend ITCI as a good place to work.
Governance Achievements
- Maintained high governance standards and compliance throughout operations.
- Implemented robust anti-counterfeiting measures for products.
- Developed plans to strategically hold API in multiple locations across the US.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Managing chemical waste generated during manufacturing processes.
- Ensuring supply chain resilience amidst global disruptions.
- Maintaining high safety standards in clinical trials and post-market phases.
Mitigation Strategies
- Working with on-site chemical waste management partners for safe disposal.
- Implementing geographical diversity and safety stock in the supply chain.
- Rigorous compliance with FDA standards and GxP guidelines, continuous monitoring and reporting of adverse drug events.
Supply Chain Management
Supplier Audits: Routine audits, occasionally with external consultants.
Responsible Procurement
- Collaboration with reputable CMOs, due diligence, and adherence to ethical standards.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed