The 2022 report, "Purpose-Driven Progress,"
introduces a new framework that aligns IDEXX's ESG goals and
initiatives with its long-term strategy and Purpose
WESTBROOK, Maine, July 25,
2023 /PRNewswire/ -- IDEXX Laboratories, Inc.
(NASDAQ: IDXX), a global leader in pet healthcare innovation, today
published its 2022 Corporate Responsibility Report,
highlighting progress against the environmental, social, and
governance (ESG) goals it announced last year. The report also
introduces a framework to focus and prioritize the company's ESG
goals and initiatives. The framework includes three pillars focused
on the environmental and social priorities most important to
IDEXX's stakeholders and business, underpinned by strong
governance, policies, and systems infrastructure.
The Care We Advance
IDEXX brings clarity to a complex
world through diagnostic and software solutions to support longer,
fuller lives for pets and those who care for them. Key highlights
from the 2022 report include these:
- Offered eight new product, service, and software solution
enhancements, including expanded Fecal Dx® antigen
testing by adding flea tapeworm detection and new markers for the
IDEXX 4Dx® Plus Test.
- Revealed opportunities to increase veterinary practice
productivity while maintaining quality of care in the publication
Finding the Time: Empowering Veterinary Teams to Get the Most
Out of Every Day.
- Expanded support for veterinary mental health and well-being as
part of the IDEXX Foundation's 60 initiatives in 20+
countries.
The People We Support
IDEXX strives to foster
a collaborative and inclusive workplace that empowers
employees to develop and grow and find purpose and fulfillment in
all they do. Key highlights from the 2022 report include these:
- Maintained gender balance with 49% of global management roles
held by women.
- Expanded career progression programs, such as career ladders
and leadership development resources, for frontline employees.
- Completed 2022 pay equity assessment, confirming that global
pay practices are fair and equitable.
The Planet We Share
IDEXX is committed to reducing its
environmental footprint. Key highlights from the 2022 report
include these:
- Outlined greenhouse gas (GHG) emissions reduction strategy,
including key long-term projects that will help IDEXX reach its
goals established in 2022.
- Transitioned to environmentally friendly insulated packaging
for European cold consumables shipments, avoiding more than 190,000
pounds (estimated) of polystyrene foam per year in Europe, complementing ongoing sustainable
packaging initiatives in Australia
and North America.
- Advanced the transition of company-owned vehicles to hybrid and
electric models.
"This year's report coincides with IDEXX celebrating its 40th
anniversary," said Jay Mazelsky,
IDEXX President and Chief Executive Officer. "I feel a deep sense
of pride in how we continue to fulfill our Purpose and create
long-term value for our stakeholders by advancing care for people
and animals, protecting the planet we share, and supporting
colleagues and communities where we live and work."
IDEXX's 2022 report once again focuses on IDEXX's key ESG topics
in alignment with reporting standards and frameworks, such as those
released by the Sustainability Accounting Standards Board and the
Task Force on Climate-Related Financial Disclosures as well as our
business strategy. Read the 2022 Corporate Responsibility
Report here.
About IDEXX
IDEXX is a global leader in pet healthcare
innovation. Our diagnostic and software products and services
create clarity in the complex, constantly evolving world of
veterinary medicine. We support longer, fuller lives for pets by
delivering insights and solutions that help the veterinary
community around the world make confident decisions—to advance
medical care, improve efficiency, and build thriving practices. Our
innovations also help ensure the safety of milk and water across
the world and maintain the health and well-being of people and
livestock. IDEXX Laboratories, Inc. is a member of the S&P 500®
Index. Headquartered in Maine,
IDEXX employs nearly 11,000 people and offers solutions and
products to customers in more than 175 countries and territories.
For more information about IDEXX, visit idexx.com.
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SOURCE IDEXX Laboratories, Inc.