ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

IQVIA Releases 2021 Environmental, Social, and Governance (ESG) Report

IQVIA (NYSE: IQV) today published its 2021 Environmental, Social, and Governance (ESG) Report. The annual report highlights the significant efforts the company has made in advancing healthcare globally, increasing the diversity and engagement of its workforce, and reducing its global environmental footprint.

“We are proud of the many business accomplishments we had this past year, but it is especially meaningful to see how our approximately 79,000 employees have embraced our ambitious Environmental, Social, and Governance (ESG) goals and supported an expansion of these programs during 2021,” said Ari Bousbib, Chairman and Chief Executive Officer of IQVIA. “As an organization, our commitment to these efforts is unwavering, and we will continue reporting progress with complete transparency.”

Below are selected highlights of the 2021 report:

  • Enhanced ESG reporting: This year’s report was prepared based on three globally recognized reporting standards: 1) The Global Reporting Initiative (GRI) framework; 2) The Sustainable Accounting Standards Board (SASB) standards; and 3) The Task Force on Climate Related Financial Disclosures (TCFD), the leading set of standards for investors seeking to understand an organization’s climate approach.
  • Achievement of environmental & sustainability goals: The company reduced its total Greenhouse Gas (GHG) emissions year-over-year across Scope 1, 2, and 3 emissions categories. It also transitioned to 100% renewable energy supply at its Scotland laboratory and initiated efforts for other facilities to achieve the same over time.
  • Commitment to a science-based target: The company committed to setting a science-based target by end of 2023 to reduce carbon emissions generated by both IQVIA and its suppliers.
  • Greater board diversity: The company recently appointed two new directors, increasing gender and racial/ethnic diversity of the board. Currently four of the company’s 11 directors are women.
  • Enhanced workforce diversity disclosures: The company provided disclosures on the gender, racial/ethnic diversity profile of its workforce, including publishing its most recent U.S. Employment Information Report (EEO-1).
    • Of the total U.S. employee population, approximately 61% are women and approximately 35% identify as non-white, of which 11% identify as Black or African American
    • Of the total newly hired employees in the U.S., approximately 63% were women and approximately 38% identified as non-white, of which 13% identified as Black or African American
    • Of the employees comprising the three most senior job categories in the U.S. per the EEO-1 report, approximately 62% are women and approximately 35% identify as non-white, of which more than 9% identify as Black or African American
  • Continued strong employee engagement: Employee engagement levels improved year-over-year, with 85% of employees reporting a favorable engagement rating, which was four points better than the prior year and four points above the FORTUNE 500 company benchmark.
  • Recognition of IQVIA’s industry leadership: IQVIA was recognized on FORTUNE’s list of Most Admired Companies for the fifth year in a row, ranking #1 in the Healthcare: Pharmacy Services & Other category for the first time. IQVIA was also given six Human Capital Management Excellence Awards from the Brandon Hall Group for its global talent development programs.

The full version of the report is available HERE.

About IQVIA

IQVIA (NYSE: IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 79,000 employees, IQVIA conducts operations in more than 100 countries.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors, and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.