Change Is the Cure™, BeiGene ESG strategy and framework launched in 2021, defines the Company’s aspirational reason for thinking beyond its products and provides a path to help create a better world

BeiGene, Ltd., a global, science-driven biotechnology company focused on developing innovative and affordable medicines to improve treatment outcomes and access for patients worldwide, today introduced the Company’s global environmental, social, and governance (ESG) strategy.

“At BeiGene, we are driven by our mission to be a transformational company that addresses global health needs and inequities by making innovative medicines more affordable and accessible,” said John V. Oyler, Co-Founder, Chairman and CEO at BeiGene. “As an industry, we know that we must do better. At BeiGene, this means striving for more efficient ways to develop new therapies, deliver them more broadly, and do so in a way that mitigates our impact on the planet.”

Over the past year, BeiGene formalized its ESG function and defined the Company’s new global ESG strategy and framework, Change Is the Cure™. Designed to address the needs of BeiGene’s diverse stakeholders, this framework includes five focus areas and defines strategic priorities:

1. Advancing Global Health: Innovative Products and Access & Affordability
2. Empowering Our People: Diversity, Equity, & Inclusion and Colleague Engagement & Well-Being
3. Innovating Sustainably: Climate Change and Product Stewardship
4. Supporting Communities: Patient Engagement & Advocacy and Charitable Giving & Volunteerism
5. Operating Responsibly: Business Ethics & Integrity and Responsible Sourcing

“While we are just beginning our ESG journey, we are proud of the progress we have made in the past year, including completing our first global carbon footprint analysis across our owned and operated facilities and implementing a new Supplier Code of Conduct,” said Christine Riley Miller, ESG Lead at BeiGene. “We have also defined near-term targets for fiscal year 2022 that will set the foundation for building long-term goals.”

See related article: Campbell Sets Science-based Greenhouse Gas Reduction Targets to Combat Climate Change

Below are select highlights from BeiGene’s 2021 ESG report, which was developed with reference to Global Reporting Initiative (GRI) standards:

• Had approximately 50 candidates in clinical development and more than 30 pivotal trials underway in more than 45 geographies, and more than 50 preclinical programs, including approximately 50 percent with first-in-class or best-in-class potential;
• Had 16 approved products in China and BRUKINSA® approval in 45markets, including the U.S., EU, and China;
• Expanded its investigational pipeline beyond oncology into inflammation and immunology;
• Launched the BeiGene Clinical Trial Diversity initiative;
• Formed the Inclusion, Diversity, Equity, and Awareness (IDEA) Council to provide a forum for employees to explore issues of DEI and belonging. Introduced first in the U.S., the IDEA Council is now global with members in Canada, Europe, and China;
• Expanded its greenhouse gas inventory to be comprehensive of global Scope 1 and Scope 2 emissions across our owned and operated facilities;
• Continued efforts to reduce its environmental impacts in owned and operated manufacturing facilities, including changing its manufacturing process at its Suzhou, China plant to reduce the number and length of sanitation cleanings, eliminating the need for approximately 250 tonnes of purified water in 2021, and at its Guangzhou, China plant, recycling wastewater generated by the clean water system for landscaping, saving almost 55,000 tonnes for greening irrigation water throughout the year; and
• Held its first global and European patient advocacy forums.

View the full BeiGene 2021 ESG Report here: https://www.beigene.com/PDF/2021-ESG-Report.pdf.

Source: BeiGene, Ltd.