Business
Maravai LifeSciences Releases 2022 Environmental, Social and Governance (ESG) Report
- Highlights progress across five priority areas focused on building a foundation for sustainable growth. - Reports Scope 1 and Scope 2 greenhouse gas
About this update from Maravai Lifesciences Holdings, Inc.
[{"type":"text","content":"- Highlights progress across five priority areas focused on building a foundation for sustainable growth. - Reports Scope 1 and Scope 2 greenhouse gas emissions. - Maravai advances Diversity, Equity & Inclusion and has an executive leadership team that is 50% women. SAN DIEGO, March 28, 2023 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. (Maravai) (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, today announced the release of its second Environmental, Social and Governance (ESG) report, which is now available on the Company’s new ESG webpage: https://investors.maravai.com/esg. The new report covers the 2022 fiscal year and provides an expansive look into Maravai’s rapidly evolving ESG program with tangible examples of how the Company is making a positive impact on stakeholders and positioning itself for sustainable growth. “Environmental stewardship, social consciousness and effective corporate governance have been intrinsic to our business strategy and core values since Eric Tardif and I founded Maravai in 2014,” said Carl Hull, Executive Chairman and Interim CEO. “Along with the safety and quality of our products, we are proud of our ESG advancements to date and are working meticulously to increase transparency and build the infrastructure necessary to improve performance.” Maravai prioritized its commitment to sustainability in 2022 by creating new roles dedicated to ESG, diversity, equity and inclusion (DEI) and investing in initiatives to better serve its employees, customers, shareholders, supplier partners and communities. The comprehensive 41-page report is the culmination of a company-wide effort to deliver holistic value to stakeholders while scaling operations and managing rapid growth in a socially and environmentally responsible manner. Recent ESG advancements, such as measuring Scope 1 and 2 greenhouse gas emissions and advancing diversity, equity and inclusion (DEI), have helped Maravai set the foundation to better manage risks, enhance reporting and foster a more inclusive and purpose-driven culture. In addition to new workforce and environmental data, the new report reflects a clear acceleration in Maravai’s ESG journey and demonstrates the Company’s actions to reduce its impact on the environment, empower stakeholders and build resilience. T...