Pacbio's commitment to sustainability is central to our mission
PacBio realizes certain environmental, social, and governance (ESG) factors create value and are highly relevant to our business and stakeholders. Therefore, we are embarking on a journey to unlock the transformational capabilities of ESG within our organization and embed them into our long-term business strategy. We aim to make a difference by organizing our sustainability activities under four primary pillars: governance, human capital, social, and environment.
Governance
Our Board of Directors is composed of leaders with significant experience in building world-class organizations. They bring focus, determination, and a passion for discovery, continually pushing our company to perform at the highest levels. Three of our nine directors are female, one self-identifying as “African American or Black,” as disclosed in our April 14, 2022, Board diversity matrix. We have established a cross-functional ESG core team made up of leaders in the organization to guide the development and implementation of our ESG strategy. This committee meets monthly and provides quarterly updates to the Corporate Governance and Nominating Committee of the Board of Directors.
Related policies:
For the following information or documents, use the links below, or visit our investor relations website:
Human Capital
Our employees are essential to our success. We seek to attract and retain best-in-class talent and we desire to be the employer of choice in our industry. Diversity makes us stronger, and we actively work to ensure that our team is inclusive and representative of our customers and clients. We care deeply about each other and prioritize the health and safety of our employees. We encourage employees to become lifelong learners and provide learning and leadership training opportunities focused on personal and professional development.
PacBio is always looking to add the best and brightest minds to our world-class company. We encourage applicants to explore our current career opportunities.
Social
We strive to enable the promise of genomics to better human health and support our customers in their effort to address health disparities by providing an unbiased view of variation across populations. We accelerate our mission every day in the applied use of genomics in areas such as genetic disease, oncology, and sustainable food production. We execute to the highest standards and are proud to maintain rigorous ISO 13485 and ISO 9001 certifications. We hold our large contract manufacturers to similar standards to help ensure they deliver the highest quality services for our advanced sequencing technology.
Related policies:
- Slavery and human trafficking policy – including freedom of association and human rights
- Data protection policy
- Responsible marketing, advertising and sales policy
Environment
We are committed to minimizing the environmental impacts of our business operations and that commitment is embedded in our corporate values. We have an environmental policy to protect our people, environment, and the business which is shared with employees during new hire orientation and is tied back to our corporate values. Training and development are provided to minimize risk to our people and the environment and rigorous waste reduction standards that aim to reduce, repurpose, or recycle when possible.
Related policies:
REPORT
2022 environmental, social and governance highlights report
We are proud to issue our first official ESG highlights report to showcase our commitment and progress. Over the past years, we have developed processes and procedures to support the well-being of our employees, our customers, and our suppliers. Our ESG highlights report sets the stage for what is to come as we continue to invest in our ESG commitments as critical components of our long-term business strategy and in the creation of stockholder value. With the support and oversight of our Board of Directors, we look forward to expanding upon our efforts and sharing our ESG progress in the years to come.
“We are proud to issue our first environmental, social, and governance (ESG) highlights report to showcase our commitment and progress.”
Christian Henry — President & Chief Executive Officer