Phastar Sustainability - SustainabilityTracker.com

Sustainability Summary

This is an unclaimed profile. Phastar has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

What do our labels mean?

Phastar describes itself as a purpose-led organization with an ESG strategy focused on environmental, social and governance responsibility. It says it aims to lead the CRO industry in corporate responsibility and has become a certified B Corporation®. Its sustainability activity includes emissions measurement, a net-zero target approved by the Science Based Targets initiative, recycling programs, sustainable supplier priorities, charity partnerships, pro bono support for charities, and employee wellbeing measures. The company also reports recognition through EcoVadis and the 2024 Environment 100 List.

About Phastar

Status
Unverified

Website
Visit Website

Employees
100 - 500

Country
United Kingdom

Phastar Sustainability Actions

B Corp certification

Phastar became a certified B Corporation® on 11th July 2023 after a 12-month review. The assessment body B Lab Global reviewed Phastar’s impact across governance, workers, environment, community, and customers. Phastar achieved 91.4 points, above the minimum threshold of 80.

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Net-zero target approved

On 9th October 2023, Phastar had its net-zero target approved by the Science Based Targets initiative (SBTi). The company said it had already strengthened its emissions-measurement processes, developed and launched a sustainability strategy, and was working to reduce its carbon footprint.

Recycling and suppliers

Phastar says its ESG work includes global recycling programs in all locations and prioritizing sustainable suppliers. It also says it has reviewed procedures that require downstream suppliers and facility leaseholders to demonstrate a commitment to environmentally sustainable practices.

Pro bono scheme launched

Phastar launched a pro bono scheme where charities can access its biometrics experts at no cost. Since launch, its experts have supported Great Ormond Street Hospital and Prostate Cancer Research and Education for Health, providing statistics, data science, data management and programming to third sector organizations.

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Tree planting initiatives

Phastar started a program supporting tree planting initiatives in Kenya and Scotland, with trees planted for every employee and new starter. It also says it has planted 100 mangrove trees in the Mau Forest National Park, north of Nairobi.

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