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azenta inc showcases commitment to future proofing with esg innovation for global impact 2544

Science and Technology

Azenta, Inc. Showcases Commitment to Future-Proofing with ESG Innovation for Global Impact

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Benjamin Hughes

April 1, 2024 - 20:15 pm

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Azenta, Inc. Unveils Comprehensive ESG Report Demonstrating Dedication to Sustainable Growth and Social Impact

BURLINGTON, Mass., April 1, 2024 /PRNewswire/ -- In a significant step toward reinforcing its commitment to corporate responsibility and sustainable operation, Azenta, Inc. (Nasdaq: AZTA) rolled out its latest Environmental, Social, & Governance (ESG) report today. The comprehensive publication offers a window into the company's steadfast approach to ESG ideals and furnishes stakeholders with an update on fiscal year achievements ending September 30, 2023.

The annual report is articulate in presenting Azenta's endeavors to drive sustainable growth within the realms of Environmental Protection, Social Impact, and Responsible Operations. Through its established practices, Azenta is not only lessening its environmental footprint but also promoting positive societal contributions and maintaining utmost safety and quality in its innovative offerings.

Stewardship and Achievements in Environmental Protection

Azenta recognizes the extensive influence its industrial activities can exert on our environment at large. This acute awareness has guided the company's initiative to systematically assess and implement strategies aimed at curtailing its carbon footprint, even amidst its ongoing business expansion.

Significant headway in environmental stewardship was marked by Azenta's alignment with the Science-Based Targets Initiative (SBTi), setting clear trajectories in reducing greenhouse gas (GHG) emissions. Ambitious in its scope, the company has slated targets to slash Scope 1 and Scope 2 GHG emissions by 55% within the next decade, pegging the baseline to year 2022 measurements.

Moreover, Azenta has pledged to ambitiously pursue net-zero GHG emissions throughout its entire value chain by the year 2050—an undertaking that reflects the organization's dedicated response to global calls for corporate climate action.

Innovation with an Eco-Conscious Twist

From Azenta's innovation pipeline, the year saw the launch of the BioArc™ Ultra, a revolutionary -80°C Sample Storage System conceived with sustainability as a core tenet. This state-of-the-art system not only boasts unrivaled sample storage compactness but also brings to the table an eco-friendly refrigeration system and optimized space-efficiency—challenging the status quo of manual freezer farms.

Forging Partnerships for a Sustainable Future

In its pursuit of sustainable business practices, Azenta has initiated a partnership with EcoVadis®, a global leader in sustainability assessment. This strategic alliance underscores Azenta's commitment to ensuring that its supply chain reflects the same sustainable and ethical standards the company upholds.

For those invested in the company's headway within the ESG sphere, the full report is made available at investors.azenta.com/esg, providing an extensive look at Azenta's strides in corporate responsibility.

A Beacon in Life Sciences: Azenta Life Sciences

Azenta holds a commanding presence as a global life sciences solutions provider, ardently enabling scientific innovation and accelerating the pace at which breakthroughs and therapies reach the market. The company's extensive portfolio of cold-chain sample management solutions, complemented by its prowess in multiomics services, serves the crescent needs of the pharmaceutical, biotech, academic, and healthcare sectors around the world.

This comprehensive suite of products and services—brought forth by leading industry brands such as GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, Barkey, and B Medical Systems—is backed by a dedicated team committed to delivering exceptional value. This global team is charged with the mission to support customers in navigating the complexities of drug development, clinical research, and the pioneering domain of advanced cell therapies.

Established in Burlington, MA, and with a vast operational footprint encompassing North America, Europe, and Asia, Azenta's far-reaching influence solidifies its position as a trailblazer in the life sciences sector. To dive deeper into the journey and offerings of Azenta, please visit the company's website at www.azenta.com.

Forward-Looking Statements and the Path Ahead

Contained in this press release are forward-looking statements that fall under the purview of Section 21E of the Securities Exchange Act of 1934. Such statements should be construed neither as guarantees nor as absolute promises but rather as projections influenced by both known and unknown risks and uncertainties that could sway the financial and operational results of Azenta away from current expectations.

These consequential statements are founded upon the knowledge accessible to management at the time of their formulation. They envelope projected outcomes concerning Azenta's capacity to uphold its ESG obligations, including but not limited to achieving the GHG emissions reduction targets.

The unpredictability that could dictate divergences from anticipated results encapsulates myriad factors: the company's ability to continue minimizing its environmental impact; the sustained quality, safety, and reliability of products; and the effectiveness of the oversight mechanisms governing the sustainability practices across the supply chain. These factors, coupled with other risks expounded in our filings with the Securities and Exchange Commission—including our Annual Report on Form 10-K, Current Reports on Form 8-K, and Quarterly Reports on Form 10-Q—highlight the contingencies that could potentially halt progress in meeting these projections. As such, Azenta can offer no definitive assurance that forthcoming results will not differ materially from those currently forecasted.

In line with its longstanding tradition of transparency and accountability, Azenta fervently disavows any commitment or intention to broadly disseminate future revisions or updates to these forward-looking statements, whether in response to new information, subsequent occurrences, or changes in operational circumstances that might impact the original statements.

Media Contact Information

For further inquiries and a more personal dialogue regarding Azenta's ongoing efforts and strategies, the following points of contact are available for communication:

Yvonne Perron Vice President, Financial Planning & Analysis, and Investor Relations [Email Protected]

Sherry Dinsmore [Email Protected]

As Azenta continues to stride forward in its mission to deliver groundbreaking solutions in life sciences, it remains evidently poised to forge its future with an ever-expanding ESG-compliant blueprint.

SOURCE Azenta

In delivering this inclusive ESG report, Azenta invites shareholders and stakeholders alike to partake in its journey towards sustainable resilience and conscientious market leadership. The report, reflective of the company's overarching strategy and actionable undertakings, delineates a year filled with environmental advancements, social engagements, and the promotion of responsible corporate operations.

The integral facets of Azenta's ESG report revolve around its three main pillars, seamlessly integrating the company's ethical framework into every aspect of operation. It is through this lens that Azenta forges its path, defining its role within the industry not only through financial merit but also through the profound impact its choices have on our global landscape.

Environmental stewardship, a testament to Azenta's foresight, crystallizes in the notable efforts to stand in accordance with scientific consensus and environmental prerogatives. The company’s vow to arrive at a net-zero carbon emissions standard by 2050 underlines the robust environmental ethos Azenta embodies, ensuring a legacy consistent with ecological conservation and sustainable innovation.

Moreover, the launch of products like the BioArc™ Ultra mirrors the firm's ingenuity, carefully woven with concerns for our planet's well-being. Such pioneering technologies set the stage for replications and standards that emphasize not just productivity and efficiency but also environmental mindfulness.

Realizing the pivotal role that societal influence plays in corporate reputation, Azenta's foray into impactful social endeavors is deeply ingrained in its operational DNA. Operating in cognizance of its social imprint, the company’s initiatives transcend beyond mere compliance, truly embodying the spirit of community upliftment and shared prosperity.

Responsible operations bridge the gap between aspiration and reality, with Azenta's prowess in product safety, quality, and reliability paving the way for its customers to harness the power of positive change. Through meticulous oversight and an unwavering commitment to excellence, Azenta assures that its contributions to the world of life sciences perpetually resonate with dependability and effectiveness.

Embracing comprehensive sustainability as a core business principle, the partnership with EcoVadis® reflects Azenta’s ongoing pursuit of conformity with best practices in supplier sustainability. This strategic collaboration seeks to further entrench the company’s position as a responsible player in the global marketplace, extending its influence beyond its direct operational boundaries.

Azenta, as it stands today, is a paragon of scientific endeavor meshed seamlessly with corporate conscientiousness. As the report extends an open invitation to readers and affiliates to explore the depth and breadth of the company's ESG progress, it stands as a testament to the evolving narrative of what it means to be a sustainable enterprise in the contemporary age.

It is abundantly clear that Azenta is not simply content with trailing the currents of change but is consciously striving to be at the helm, steering toward a future where life science innovations occur within the boundaries of our planetary thresholds and social equity. This ESG report is but a moment in Azenta's story—one marked by discernible actions and a purpose-driven vision for the future.