Bio-Techne's 2024 Corporate Sustainability Report Unveiled

Bio-Techne's Commitment to Sustainability in 2024

Bio-Techne Corporation (NASDAQ: TECH) has published its 2024 Corporate Sustainability Report (CSR) showcasing its ongoing dedication to advancing Environmental, Social, and Governance (ESG) initiatives. This report is a reflection of their persistent efforts to foster a sustainable environment incorporated into their business culture.

Core Pillars of Sustainability

The CSR is structured around four key pillars: Our People, Advancing Science, Governance and Operational Integrity, and The Environment. These pillars serve as the foundation for how Bio-Techne operates and interacts with the world around them, emphasizing their EPIC values: Empowerment, Passion, Innovation, and Collaboration.

Empowering Their Team

The essence of Bio-Techne's operations is their team of dedicated professionals. According to Kim Kelderman, President and Chief Executive Officer, the company continues to focus on enriching their communities while also delivering innovative solutions vital for advancements in science and medicine. Their commitment to governance and operational integrity ensures growth that is responsible and effective.

Sustainability Initiatives in Action

This year's report highlights significant advancements in Bio-Techne's sustainability journey. Shane Bohnen, Chief Sustainability Officer, outlined notable achievements, including a commitment to reduce Scope 1, 2, and 3 greenhouse gas emissions. These targets will be rigorously evaluated by the Science Based Targets Initiative (SBTI) in the upcoming years.

EcoVadis Assessment

A major milestone in their sustainability efforts was completing their first EcoVadis sustainability assessment. In this initial evaluation, Bio-Techne achieved a Bronze Medal status, placing them in the top 67% of all assessed companies. This acknowledgment signifies their commitment to ethical practices, labor rights, and sustainable procurement.

About Bio-Techne

Bio-Techne Corporation (NASDAQ: TECH) stands at the forefront of life sciences, offering cutting-edge tools and bioactive reagents that serve the research and clinical diagnostic sectors. Their extensive range of products plays a pivotal role in scientific inquiry into biological processes and contributes significantly to drug discovery and accurate clinical diagnoses.

With a diverse portfolio comprised of hundreds of thousands of products, Bio-Techne reported approximately $1.2 billion in net sales in the most recent fiscal period and employs around 3,100 individuals globally.

Staying Connected

To learn more about Bio-Techne and its extensive array of offerings, visit their official website. They are also active on social media platforms, including Facebook, LinkedIn, Twitter, and YouTube, engaging with the community and sharing their latest developments.

Frequently Asked Questions

What is included in the 2024 Corporate Sustainability Report from Bio-Techne?

The report includes advancements in Environmental, Social, and Governance (ESG) initiatives that Bio-Techne is undertaking.

How does Bio-Techne plan to reduce their greenhouse gas emissions?

Bio-Techne has submitted a commitment to lower Scope 1, 2, and 3 emissions, with targets being evaluated by the Science Based Targets Initiative (SBTI).

What recognition did Bio-Techne receive for their sustainability efforts?

They received a Bronze Medal in their first EcoVadis sustainability assessment, placing them in the top 67% of assessed companies.

How large is Bio-Techne's employee base?

Bio-Techne has approximately 3,100 employees worldwide, contributing to their mission in life sciences.

Where can I find more information about Bio-Techne?

Further details are available on their official website and through their social media channels.

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