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Avantor releases 2022 Sustainability report, highlighting significant progress in environmental, social, and governance (ESG) efforts
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Avantor releases 2022 Sustainability report, highlighting significant progress in environmental, social, and governance (ESG) efforts

“We are proud of all the progress we have made in implementing responsible, sustainable business practices as part o our Science for Goodness platform,” said Michael StubblefieldAvantor’s President and CEO. “As a company that is focused on science and technology advancements, we recognize our immense responsibility for investing in sustainability for all of our stakeholders. Avantor is committed to transparency, accountability, and positive impacts for society and the environment by measuring and reporting progress against our goals.

Highlights from Avantor’s Four Science for Goodness ESG Priorities

  • People & CultureAvantor increased the percentage of women in management to over 35%. The company also launched a global Career Framework and formal mentorship program for its associates to support their growth, development, career goals. To promote diversity, inclusion, and dialogue among employees from diverse backgrounds, Avantor also established additional employee resource groups. Nearly 60% of employees who are not members of a particular group, but still participate in learning and sharing support, have become “ally” employees.
  • Innovation & EnvironmentAvantor’s Scope 1 and Scope 2 greenhouse gas (GHG), emissions were reduced by 9.6% in comparison to a baseline of 2019.1. This represents more than 50% progress towards the Company’s 2025 goal. Avantor continued its innovation track and introduced more than 125,000 products. It also supported all major COVID-19 therapies and candidates worldwide, including proprietary products for messengerRNA (mRNA), viral vector (rProtein), and plasmidDNA.
  • Community EngagementAvantor created a formal volunteer policy, and donated more than $200,000 $1 millionThe Avantor Foundation has provided funding to 16 STEM and healthcare organizations in 12 countries. Since its inception, Avantor Foundation has achieved more than $6 MillionIn giving aligns with its mission to create a better planet by providing healthcare and science education for those in need.
  • Governance & Integrity: The Company increased the diversity of its board members and management team in terms of gender and race. Avantor’s Board of Directors also adopted changes to its Bylaws, Corporate Governance Guidelines, and Corporate Governance Guidelines to increase shareholder engagement. This demonstrates our commitment to director accountability. Avantor also launched the Avantor Responsible Supplier Code of Conduct to help it advance its Responsible Supplier Program, which aims to embed sustainability practices in its supply chain.

“Avantor is committed to transparency and integrity. This year, we have increased our reporting on key ESG metrics, including the addition and use of a Sustainability Accounting Standards Board index (SASB).” Rachel KaufmanAvantor’s Senior Director, Global Sustainability. Kaufman said, “We look forward sharing our ongoing progress as they enhance partnerships with customers and suppliers to propel sustainable forward,” Kaufman added.

Please This site is worth a visitAvantor’s Sustainability Review is available.

1. Absolute reduction of greenhouse gas emissions in scope 1 and 2 compared to the baseline year 2019.

Avantor
Avantor, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used at every stage of the most critical research, development, and production activities in the industries that we serve. We have a global reach that allows us to serve more customers than 225,000 locations. It also gives us access to more than 180 research laboratories and scientists. We are scientists who set science into motion to create a better planet. Visit www.amazon.com for more information. www.avantorsciences.comFind us on LinkedIn, Twitter Facebook.

Global Media Contact
Petro Kacur
Director, PR and External Communications
Avantor
M: 404-408-0663
[email protected]

SOURCE Avantor & Financial News

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