Business
Insulet Announces Publication of 2024 Sustainability Report
ACTON, Mass.--(BUSINESS WIRE)-- Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its
About this update from Insulet Corporation
[{"type":"text","content":" ACTON, Mass.--(BUSINESS WIRE)--\nInsulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, is proud to announce the publication of its 2024 Sustainability Report. This report underscores Insulet's unwavering commitment to sustainable practices and highlights significant achievements in environmental, social, and governance (ESG) initiatives.\n\n“At Insulet, our sustainability impact is inextricably tied to our mission as a company and our workplace culture. Through our products and innovative business models, we can make life simpler for millions of people with diabetes while improving health outcomes,” said Vice President of Global Sustainability and Chief Sustainability Officer, Lisa Brady. “We remain steadfast in our commitment to creating positive change – for people with diabetes, for our environment, and for our communities.”\n\nKey highlights from the 2024 Sustainability Report include:\n\nResilient Operations:\n\n\nMet 11% of annual global electricity needs with renewable energy.\n\n\nInstalled more than 5,700 rooftop solar panels at the new manufacturing facility in Malaysia, meeting 21% of the facility's electricity needs after they were brought online.\n\n\nMalaysia facility designed to achieve both Green Building Index (GBI) and Leadership in Energy and Environmental Design (LEED) Silver certifications.\n\n\nSustainable Product Innovation:\n\n\nContinued the U.S. Pod takeback pilot in Massachusetts and expanded the pilot to California.\n\n\nAccepted 7.4 million Pods through global product takeback programs.\n\n\nDeveloped a long-term roadmap to create efficient and sustainable packaging.\n\n\nPeople and Communities:\n\n\nExpanded access to Omnipod 5 internationally and through integration with Abbott's FreeStyle Libre 2 Plus and Dexcom G7 sensors, and in the U.S., we launched the Omnipod 5 App for iPhone.\n\n\nIntroduced Insulet’s Ways of Working to empower teams and foster cross functional collaboration while providing exceptional customer and employee experiences.\n\n\nLaunched \"Insulet for Good,\" a global corporate giving program, surpassing goals for employee engagement and volunteer hours.\n\n\nThe 2024 Sustainability Report can be found on Insulet.com and Investors.Insulet.com/ESG.\n\nAbout Insulet Corporation:\n\nI...