Progress includes a 10 point increase to the Company's EcoVadis score, a 23% improvement year-over-year.
As part of the company’s ongoing commitments to enhancing its environmental, governance, and sustainability (ESG) practices, Quotient Sciences has issued its inaugural ESG report with data accumulated from 2023.
“At Quotient Sciences, we embrace ESG principles wholeheartedly,” commented Thierry Van Nieuwenhove, CEO. “Our commitment to ESG initiatives are essential elements of our company strategy and for the benefit of all stakeholders, including colleagues, customers, local communities, and investors.”
At the start of 2024, the company set five ambitious sustainability goals as part of its corporate strategy, including launching a new diversity, equity, and inclusion training program and engaging with suppliers in order to better understand their own ESG initiatives and targets for improvement. As highlighted in the report, Quotient Sciences and its colleagues have made progress on each of these initiatives.
“Our improvements to EcoVadis, among other milestones completed this year, are a testament to the hard work our teams have put into embedding ESG into our operations.”
Thierry Van Nieuwenhove, CEO, Quotient Sciences
Among the highlights include improving our corporate EcoVadis score by 10 points, representing a 23% improvement in year-over-year performance. EcoVadis is a global sustainability rating platform that evaluates the ESG performance of companies. This year, we have been recognized with the Commitment Badge from EcoVadis as part of our score improvement.
Additionally, over 700 colleagues have completed DE&I training globally, representing about half of the company towards our goal of having 100% colleague completion.
As we look forward to 2025, our key priorities for ESG include:
- Utilizing data on ESG credentials from our key suppliers
- Signing up to the UN Global Compact, reinforcing our commitment to responsible business practices aligned with its ten principles on human rights, labor, environment and anti-corruption
- Utilising the My Green Lab Accredited Program to grow our scientists’ knowledge in lab sustainability
- Continued improvements to our EcoVadis score, DEI training, and education outreach projects at each of our sites
“We recognize that ESG is a journey, not a destination. Our improvements to EcoVadis, among other milestones completed this year, are a testament to the hard work our teams have put into embedding ESG into our operations.” commented Van Nieuwenhove.
Additional details and a copy of our inaugural report can be downloaded on our new ESG page.