Recent Updates
Recently added Catalysts
RGEN Positive Sentiment Score: 85/100

Repligen Announces Publication of the Company’s 2023 Corporate Sustainability Report

Key Takeaway: Repligen Corporation announced the digital publication of its 2023 Corporate Sustainability Report, highlighting advancements in various sustainability metrics. The report emphasizes the company's commitment to responsible practices across six impact areas, including products, operations, and community engagement. Notable achievements include a transition to 100% renewable electricity at a majority of manufacturing sites and a significant reduction in emissions. The report aligns with several key sustainability reporting frameworks, demonstrating Repligen's ongoing dedication to environmental stewardship and corporate responsibility.

Market Sentiment Analysis

POSITIVE FACTORS

  • Repligen's 2023 Corporate Sustainability Report shows significant progress in sustainability initiatives.
  • The company increased women in management positions and reduced emissions significantly.
  • Commitment to net-zero emissions by 2050 reinforces their dedication to responsible corporate citizenship.

Full Press Release Details

WALTHAM, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Repligen Corporation (NASDAQ:RGEN), a life sciences company focused on bioprocessing technology leadership, today announced the digital publication of its 2023 Corporate Sustainability Report and related reporting framework disclosures. Themed “Advancing Impacts”, this newly reformatted report streamlines the company’s progress in advancing our sustainability strategy across six key impact areas: Products & Packaging, Operations, Talent, Supply Chain, Communities and Partnerships & Pathways. Also included in the 2023 Sustainability Report are detailed disclosures aligned with four key reporting frameworks: the Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB), United Nations Sustainable Development Goals (UN SDGs) and Task Force on Climate-Related Disclosures (TCFD).
Olivier Loeillot, President and Chief Executive Officer at Repligen said, “I am delighted with the progress we’ve made on key sustainability metrics and am pleased to share the positive impacts highlighted in this ambitious annual report. I look forward to continuing to support these important initiatives that reflect our commitment to responsible corporate citizenship.”
Dianne Heiler, Vice President of Sustainability and Global Head of Packaging Engineering at Repligen said, “I’m especially proud to have led the development of this reformatted report and to have submitted our commitment letter to SBTi to lower total GHG emissions in alignment with the latest climate science. This publication also serves as Repligen’s Corporation’s 2023 Communication on Progress in fulfillment of our annual commitment to the UNGC (United Nations Global Compact).”
Below are just a few of the 2023 Sustainability Report highlights across environmental, social and governance topics. Report data is through year end 2023 unless otherwise noted.
Advancing Impacts: Report Highlights
Expanded our transition to 100% renewable electricity from 9 to 13 of 18 manufacturing sites, representing 88% of our global consumption.
Increased the percentage of women in management, defined as Associate Director and above, from 27% in 2022 to 29% in 2023.
Reduced Scope 2 emissions by 68% from 2022 to 2023.
Achieved a 60% increase in productivity savings through the Repligen Performance System (RPS) compared to 2022.
Committed to net-zero emissions by 2050 with the Science Based Targets initiative (SBTi).
About Repligen Corporation
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that statements in this press release which are not strictly historical statements including, without limitation, statements identified by words like “believe,” “expect,” “may,” “will,” “should,” “seek,” or “could” and similar expressions, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including risks discussed from time to time in our filings with the Securities and Exchange Commission. We expressly disclaim any responsibility to update any forward-looking statements, except as required by law.
VP, Global Head of Investor Relations

Tags

Frequently Asked Questions

What is the theme of Repligen's 2023 Sustainability Report?

The theme of the 2023 Sustainability Report is 'Advancing Impacts'.

How many manufacturing sites use renewable electricity?

Repligen expanded renewable electricity usage to 13 out of 18 manufacturing sites.

What was the increase in women in management from 2022 to 2023?

The percentage of women in management rose from 27% in 2022 to 29% in 2023.

What major emissions reduction did Repligen achieve?

Repligen reduced Scope 2 emissions by 68% from 2022 to 2023.

What is Repligen's net-zero emissions commitment?

Repligen is committed to achieving net-zero emissions by 2050.

Last updated: Dec 12, 2024