You are on page 1of 38

SUSTAINABILITY REPORT

2022
TABLE OF CONTENTS

3 CEO letter 21 Governance


4 GreenLight Biosciences at a glance 23 Board Committees
5 GreenLight Biosciences at work 24 Board diversity
6 2022 ESG highlights 24 Policies and charters
7 Our sustainability roadmap 24 Expanding globally
9 GreenLight as a Public Benefit Corporation 24 Respect for human rights
10 Public Benefit Corporation Key 25 Environmental impact
Performance Indicators
26 Setting a base year
12 Business Area: Plant and Animal Health
26 Water as a resource
13 RNA as a driver for sustainability
26 Impact as a result of commercialization
13 Our product candidates
27 Caring for people
14 A change of paradigm in crop protection
28 The foundation for a stimulating and
15 2022 Plant Health highlights sound workplace
15 Working to help beekeepers 29 Promoting diversity and inclusion
protect honeybees
30 Attracting, developing, and retaining
16 Business Area: Human Health the best talent
17 mRNA advantages for Human Health 31 Occupational health and safety
17 2022 Human Health highlights 31 Community engagement
18 Collaboration for access to affordable 32 Looking ahead
Covid-19 vaccines
33 Sustainability Accounting Standards
19 Quality and patient safety during Board (SASB) Index
clinical trials
37 Disclaimer on forward-looking messages
20 Animal welfare
38 About this report
20 Supply chain governance

2
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

for agricultural applications, including in accordance with international


crop protection. These are designed to sustainability standards and calculating

CEO letter control pests and address resistance and


residues of chemical alternatives, which
how we affect biodiversity. Assessing our
processes and activities will give us our
affect the food supply and, by extension, first baseline and serve as the foundation
global warming—more than 1 billion tons of a sustainability strategy that we will
The world began to reemerge from of food are lost on farms annually1, which continue to develop.
the throes of the Covid-19 pandemic contribute greatly to climate change.
in 2022. At GreenLight, we continued In the coming years, we will refine
to strive for progress against our key Our diversified RNA-based pipeline and continuously improve how we
goals to develop effective solutions for includes, for human health, a Covid-19 measure the impact of our products
food security and global health through pan-sarbecovirus vaccine candidate, and programs across multiple
our RNA platform. The struggle to a shingles vaccine candidate and, as jurisdictions. The ESG requirements on
combat the rising toll of poverty, hunger, the new year begins, a personalized corporations are increasing—ranging
and disease in underserved markets oncology platform; for plant health, from high-quality data on greenhouse
with accessible solutions has never our programs include a number of gas emissions to detailed life-cycle
been more urgent. insecticides and fungicides as well as a assessments, and from impacts on
solution to target the Varroa destructor biodiversity to disclosures on how we
This is where GreenLight has a role to mite, a parasite that affects honeybees, work to uphold human rights in our value
play and a mission to fulfill. We have built and is one of the main causes of colony chain—and we are determined to meet
a platform that can discover, develop, collapse disorder. Honeybees are these requirements in a meaningful way.
and manufacture multiple forms of RNA responsible for pollinating roughly 30-
solutions at scale. 40% of the foods we consume2 and are As we begin 2023, humanity continues
therefore a critical component of our to face mounting challenges. We must
The pandemic brought into sharp focus food security system. embrace effective solutions that can countries to support efforts to advance
the potential of messenger RNA, and be deployed widely while we focus on vaccine self-sufficiency.
we are applying our mRNA technology GreenLight is in its pre-commercial the development of our strategy and
and scalable production capabilities to stage and operating in a highly regulated implementation of our goals. As a public-benefit corporation, we are
rapidly develop cost-effective vaccine market. With our roots firmly planted in structured and governed to focus not
and therapeutic candidates for diseases the soil of science-based solutions, we At GreenLight, we believe RNA can only on our shareholders but also on our
prevalent in low- and middle-income are aiming high: to safeguard human and play a crucial role in both protecting community, employees, partners, and
countries (LMICs). planetary health. human health and our food supply, and society. This report documents our first
we are committed more than ever to steps toward realizing a healthier, more
At the same time, the war in Ukraine, The journey to define and explain how advancing innovation for a sustainable resilient future.
extreme weather conditions around sustainability permeates our work future. We are optimistic about our
the globe, and export bans have and core objectives has just begun. efforts to improve food security, increase
underscored the fragility of food supply In 2022, we took important steps to the resiliency of food systems, and
chains, compounding existing threats to more explicitly link sustainability to our respect the environment with our novel
global food security. We are advancing business model, ranging from reviewing crop solutions. We are committed to Andrey J. Zarur
our double-stranded RNA solutions our steering documents to reporting partnering with low- to middle-income Co-founder, President and CEO

3 1
World Wildlife Fund UK, 2021. Driven to Waste.; 2 U.S. Food and Drug Administration, 2018.
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

GreenLight Biosciences at a glance

GreenLight, a public-benefit corporation,


was founded to solve some of the most Our company
fundamental sustainability challenges
the world faces today. Leveraging our 267
RNA production process, we produce full-time employees
high-quality RNA of various kinds at large
scale for applications we are developing in 5
agriculture and human health. sites

In human health, this includes developing


accessible messenger RNA vaccines and Platform
therapeutics for low- and middle-income and
high-income countries. In agriculture, this
includes developing RNA-based solutions to
500 kg* of RNA
capacity per year at
protect honeybees and a range of crops. Rochester, NY, manufacturing
plant for agricultural uses
Global partnerships support our goal of
making RNA accessible to the world. By
working together from the beginning of the
Agriculture
research and development process, we

7
aim to serve the medical needs of low- and
middle-income countries to ensure that local agriculture products
needs are addressed. that could reach the market
in the next three years,
GreenLight operates facilities in several starting in 2023**
locations: Lexington (headquarters) and
Medford, Massachusetts; Rochester, New
York; Research Triangle Park, North Carolina, Human Health
and Seville, Spain.
3
drug development candidates
in the portfolio

4 *500 kg is sufficient to treat more than 50,000 hectares of potato fields at our current field trial dosage of 9.9 g/hectare of CalanthaTM
**Commerical launch timing subject to and dependent on regulatory approval
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

GreenLight Biosciences at work

ROCHESTER, NY
ME
• Pilot plant for our agriculture products. VT
• Will also support initial France
NH Massachusetts
commercialization of earliest
products once approved New York
CT
PT Spain
Pennsylvania SEVILLE, SPAIN
• Field research station
WV
to accelerate transition
Virginia of research and
discovery compounds
RESEARCH TRIANGLE PARK, North Carolina for Plant Health
NC*
SC
• Plant Health discovery, research,
field development, regulatory, GA
product development MEDFORD, MA
• RNA production technology R&D
• R&D sample production
• Analytical sciences,
analytical development

LEXINGTON, MA**
• Corporate headquarters
• State-of-the-art RNA facility; early-phase
GMP clean room
• Human Health discovery, research,
clinical development, CMC

5 *LEED certified location


**Woburn facilities were vacated in November and consolidated in the new Lexington HQ
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

2022 ESG highlights


We serve We have We live in the
great ambition real world

Up to 3
mRNA product candidates 7 months for technology transfer and 9 agriculture programs with novel
to be developed, manufactured, and scale-up from lab bench to commercial facility solutions under development seek to curb
commercialized for low- and middle-income waste while respecting the environment

1
countries (LMICs) in a licensing agreement with
Serum Institute of India new field research station Did you know that 1.2B tons
of food lost on farms annually

>$9B in yield loss caused by fall armyworm


contributes to 2.2 Gtons of

across the African continent1, for which we are 294 field and greenhouse trials greenhouse gas emissions?2

developing a solution took place

151kg double-stranded RNA produced in


We collaborate inclusively
We take a stand our Rochester manufacturing facility

42% of our STEM workforce is female

Public-benefit corporation 18 months to produce clinical material


compared to the 27% industry benchmark
in the US3
Listed as a PBC, we are structured and after decision to evolve from R&D organization

46%
governed to focus on our community, in Human Health to GMP-capable
employees, partners, and society racial and ethnic minority
generally, as well as shareholders employees in our workforce

We serve We commit to science

$28K+ raised by employees this year $133.2M investment in R&D in


Sustainability Committee
established to enhance board oversight
of ESG initiatives for local and global relief human health and plant health

6 1
CABI, 2021; 2 World Wildlife Fund UK, 2021. Driven to Waste; 3 United States Census Bureau, 2021;
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Our sustainability roadmap

In 2022, we embarked on our We have defined and begun tracking and disclosing sustainability data in This is our first sustainability report,
sustainability journey and took key performance indicators that relate accordance with international standards, and we will continue to develop and
our first steps to formalize our to the fulfillment of our public-benefit which will enable us to receive our execute our strategy in 2023.
sustainability work. charter. We are collecting, reporting, first ESG ratings.

7
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Our sustainability roadmap


We have identified the following building blocks:

Protect our food supply Protect biodiversity Enhance global vaccine


while respecting accessibility and
Our product candidates for agriculture
the environment affordability
aim to reduce negative impacts on
Our crop-protection tools, which biodiversity. As such, our strategy is in We continue to build out our
are in development, aim to reduce line with the international community’s partnerships, presence and clinical
food loss, which, in turn, could help commitment to “30×30”—an ambition trials in low- and middle-income
reduce greenhouse gas emissions. to conserve 30% of the world’s land and countries, which, together with
We will continue to streamline oceans by 2030—and the landmark the anticipated affordability of our
and improve our production and deal that was negotiated at COP15 in products, will increase accessibility in
manufacturing processes and their Montreal on December 2022, which underserved markets.
impact on emissions and other includes a host of other measures such
natural resources. as significantly reducing the risk posed
by pesticides as well as cutting global
food waste in half1.

Build and support talent Excellence in safety and Good governance


Our culture represents a team united
research A diverse leadership team and a
by a common purpose of creating a The foundation of our success will board committee oversee our ESG
more sustainable future by bringing be connected to the safety of our efforts to ensure that our policies,
food security, medicine, and healthcare products, resulting from our efficient structures, and strategy will further
to everyone. From the beginning, innovation and platform as well as develop in 2023 as we engage
our founders believed that our way our ability to attract top scientists to with our internal and external
forward would be based on equality, deliver outstanding research. This stakeholders. Our sustainability
diversity, and inclusion. These founding remains a strategic priority while strategy will be executed across our
principles guide us every day as we keep expanding our workforce, business lines and their processes.
we seek to identify, attract, retain, planning for clinical trials, and Our products, supply chain, and
incentivize, and develop a highly developing products to bring to partnerships will be aligned with our
talented workforce. the global market. overarching purpose of creating a
more sustainable future by bringing
food security and affordable
medicine to everyone.

8 1
Convention on Biological Diversity, 2022.
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

GreenLight as a Public Benefit Corporation

GreenLight is a new form of corporate developing, and commercializing


entity called a Public Benefit biological products that can reduce
Corporation or “PBC” that allows for an chemicals in our environment and
explicit and transparent governance promote health through delivery of high-
umbrella to support our drive for long- quality, affordable solutions that improve
term value creation while achieving outcomes for people and the planet.
our mission. This structure allows us to
create highly profitable breakthrough
Our commitment to the
products, while also having the
flexibility to serve all our stakeholders
Sustainable Development
and the health of the planet. Goals (SDGs)
We have conducted a mapping against
For example, when we make an
the 2030 Agenda and the United
agricultural product, we believe it is
Nations’ Sustainable Development Goals
wrong to harmfully pollute the air, water
(SDGs), focusing on SDGs where we
or biosystem with that product, therefore
could have tangible contributions due
we invest in innovation to deliver on the
to the nature of operations, and have
appropriate product profile that protects
aligned our public benefit corporation
the crops while respecting the planet.
key performance indicators accordingly.
That makes our work more difficult, but
As we commit ourselves to the UN’s
results in a much better product for
Decade of Action, we acknowledge
farmers, consumers and the planet. We
the potential and importance of private
believe this approach is critical for the
sector contributions to the fulfillment of
creation of a successful and profitable
the 2030 Agenda. In order to contribute
business in the long run.
to this in a credible manner, claims
The PBC structure gives us the must be backed by adequate and
flexibility at the end of the day to accurate data, and we will thoroughly
simply do the right thing. The specific measure and assess available data,
public benefit obligations adopted including life cycle assessments and
by our board and formalized in our the data collected for our reporting
corporate charter are to improve the process. Only then can we demonstrate
public health and wellbeing of people how we can contribute and make a
and the environment by engineering, difference as a company.

9
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Public Benefit Corporation Key Performance Indicators


Mapped against the UN Sustainable Development goals

Category KPI description KPI 2022 SDGs*

CUSTOMERS # programs targeting low- and middle-income (LMIC) markets for


2
development & commercial availability of our vaccines
Better public
health and well-being

• New and better vaccines # vaccine assets in pre-clinical, clinical, and approved 2
• Accessible globally
• Affordable

# target population for vaccine and therapies in pipeline >1B

Food security and


replacement of chemicals # agriculture products in the pipeline 9

• Providing
farmers with new tools
• Improved pest control # pests targeted 14
• Addressing resistance issues

# products in regulatory field trials or beyond 2

# programs in pipeline solving regulatory constraints for crop


6
protection

# products in pipeline solving resistance issues 8

10 *Sustainable Development Goals identified by GreenLight as relevant to our business


01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Category KPI description KPI 2022 SDGs*

ENVIRONMENT
% agriculture products designed with selective targeting 100%
Environmentally friendly in
everything we do

• Protect biodiversity
# days persistence in soil of our agriculture products < 3 days**
• Targeted

% employees in research, science, technology, or engineering


OUR PEOPLE 42%
(STEM) positions who identify as female
Embracing diversity,
equity, and inclusion
% employees in our workforce who identify as female 46%
• Attracting the best talent
• Fostering career
development % racial and ethnic minority employees in our workforce*** 46%
• Providing competitive
benefits
Voluntary turnover rate 16.6%

COMMUNITY
# staff-led philanthropic initiatives, including many led by our 7
Generous with our 7
time and resources staff-led resource groups
locally and globally

# programs in LMICs supporting the development of the local


2
workforce

GOVERNANCE 29% female;


Accountable, % female in the board of directors & % racial and ethnic minority 57% racial and
transparent and inclusive ethnic minority

*Sustainable Development Goals identified by GreenLight as relevant to our business


**Ledprona, the active ingredient in CalanthaTM, degrades in the environment to 50% of initial concentration (DT50) in less than 3 days and is not detectable after 4 days. Existing competitor products persist in the environment
much longer. For example, one of the market leaders in Europe has a DT50 of 204 days and a DT90 of 1,766 days (4.8 years) whereby 10% of the applied dose remains (Pesticide Properties DataBase).
***Defined as Black or African American, Hispanic or Latino, American Indian or Alaska Native, Asian or Native Hawaiian, other Pacific Islander, or two or more races or ethnic groups

11
Business Area:

Plant and
Animal Health

New tools for farmers that


respect the environment

12
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Plant and Animal Health


Growing the food to feed our RNA as a driver deeply committed to researching and
planet’s growing population for sustainability developing product solutions that have a
positive environmental impact.*
requires maintaining
We currently lose up to 40% of key
agricultural productivity crops due to plant pathogens and GreenLight’s growth strategy in plant
while reducing the need for pests1. With potential to address a wide health is to pursue market opportunities
traditional chemical pesticides. range of problems in the field, RNA can where RNA has the greatest potential Our product candidates
GreenLight’s goal is to help reduce this waste by controlling to provide growers with improved pest Our product candidate for the
address this problem. pathogens and crop pests while control. We believe that the sustainable Colorado potato beetle, which
minimizing damage to the environment nature of our products (such as benefits causes hundreds of millions in
and to our health. As a company, we are to honeybees and low residue) has the damages per year2, has gone
potential to deliver the most impact from discovery to Environmental
for society and aligns with trends from Protection Agency (EPA)
consumers and regulators. We are submission in four years. It is mixed
working to provide growers with highly with water and sprayed using
effective tools to use within their normal standard agricultural practice over
cultural practices that avoid disrupting crops at a rate of 9.9 grams per
non-target organisms. hectare—less than one-tenth the
rate at which many conventional
Our product pipeline is based on industrial chemicals are normally
double-stranded RNA, or dsRNA, which used on fields.
<$1/gram works by regulating the expression of a
carefully selected protein in the target We are also developing an RNA-
Projected cost of organism. This method can potentially based formulation and field testing
dsRNA active ingredient at it for the parasitic Varroa destructor
be used to control a wide range of
commercial scale
unwanted pests and problems. mite, which many beekeepers
consider to be the top threat to
These projects are distributed honeybees, with the assistance of
across various phases ranging from commercial beekeepers in Georgia,
the most advanced, which is in the California, Florida, Louisiana, North
pre-commercial phase awaiting Carolina, and Maine.
regulatory approval, to candidates in
By 2026, we aim to launch
early discovery.
7 products addressing key
agricultural challenges.

13 1
Savary et al., 2019. The global burden of pathogens and pests on major food crops. Nature Ecology & Evolution.; 2 Science Daily, 2020. How Colorado potato beetles beat pesticides.
*Total amount spent on environmental research and development costs relative to net revenue equal to 430% for 2022.
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

A change of paradigm in crop protection:


Increasing food productivity while respecting the environment

GreenLight is working on solutions a fundamental change in how pest pending regulatory approval, is designed
for farmers and beekeepers control respects surrounding biodiversity to control only the Colorado potato
designed to stop crop damage and ecosystems. beetle and degrades in the environment
within three days. It highlights the
resulting from specific pests and
GreenLight scientists now have the tools potential of precise technology
that degrade quickly, respecting
to design and develop pest-specific and represents exciting progress
biodiversity and ecosystems. products that protect crops by targeting in GreenLight’s journey of bringing
Conventional crop-protection products only the intended invasive pests. Our first effective, environmentally responsible
are generally broad spectrum and can product, CalanthaTM, which is currently products to market.
affect not only the targeted pest but
other organisms in the environment.
Any off-target effects are exacerbated
by persistence—for example,
neonicotinoids can persist for years
in the environment1, which may lead
to a higher risk for negative impacts
on biodiversity and ecosystems as Representing a paradigm
organisms are exposed to the chemistry shift for the environment
for longer periods of time. when compared to other
tools available today,
GreenLight’s RNA products are the active ingredient
in CalanthaTM is not
unique because they are designed to
detectable in soil 4 days
control only the intended pests and to after application–in
degrade quickly in the environment sharp contrast to one of
with neither the RNA nor its constituent Europe's market leaders,
nucleic acids accumulating in soil or which is still detectable
water. The solutions GreenLight is 1,766 days (4.8 years)
developing could potentially represent after application.2

1
Wood TJ, Goulson D., 2017; 2 The active ingredient in CalanthaTM degrades in the environment to 50% of initial concentration (DT%) in less than 3 days and is not
14 detectable after 4 days. Existing competitor products persist in the environment much longer. One of the market leaders in Europe has a DT50 of 204 days and a DT90
of 1,766 days (4.8 years) whereby 10% of the applied dose remains (Pesticide Properties DataBase).
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

2022 Plant Health Working to help beekeepers


highlights
protect honeybees
CalanthaTM is under review
by the U.S. Environmental
Protection Agency; subject to With the world's population set to hit 9 Our field trials have demonstrated a
regulatory approval, GreenLight billion by 20502, we cannot and should measurable improvement in hive health:
plans to launch this product not increase arable land use at the 12 weeks after application, there was
commercially in the following expense of forests or wetlands. Climate a 20% improvement in open brood
growing season change and ever-increasing insecticide health, a 20% improvement in closed
resistance are creating further brood health, and a 17% improvement
challenges to crop yields. Meanwhile, in overall hive health, compared to
Completed a Tier 2 consumers are wary of the residues hive health measured 12 weeks after
toxicity study in 2022 for our left on crops by current pesticides, and application of the commercial standard
honeybee solution to submit pollinators are diminishing globally, chemical product. As part of our hive
an application for regulatory caused by threats such as climate health assessments, we also assess
approval in 2023 change, chemicals, and pests. One mite population and control before and
such pest is the Varroa destructor mite, after application of our product, using
which beekeepers worldwide say is the guidelines from the USDA’s Agricultural
Conducted confirmatory number one threat to honeybees3 and Research Services for measuring mite
field trials at our Seville, Spain, can decimate whole colonies rapidly. populations. Under this assessment, we
facility and other locations observed a decline in mite population
for the Botrytis, Diamondback In the US alone, honeybee colonies of 80% and 77%, 6 weeks and 12
Moth, and Powdery contribute to the pollination of more weeks, respectively, after treatment in
Mildew programs than 100 crops annually, worth an our field tests.
estimated $18 billion4. GreenLight has
been working to develop a solution to We are completing additional studies
the Varroa mite problem. With a topical in order to submit a registration dossier
Announced a partnership
RNA intellectual property portfolio, to the Environmental Protection Agency
with Queensland University of
which includes bee-health assets, (the “EPA”) and, subject to EPA approval,
Technology (QUT) in Australia
GreenLight is developing an RNA-based we plan to launch the product in 2024.
using an RNA-based solution
syrup that targets reproductive mites, is
to tackle Fall armyworm, which
easy to use, and will add another tool in
causes more than US$2 billion
the limited Varroa-control market.
in annual global crop loss1

15 1
CABI, 2021.; 2 United Nations World Population Prospects, 2022.; 3 Halvorson et al., 2021.; 4 U.S. Department of Agriculture, 2022
Business Area:

Human Health

New vaccines and


therapies to improve
global health outcomes

16
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Human Health 2022 Human Health


highlights
More than half the world’s GreenLight’s goal is to address these We are designing mRNA vaccine
Completed preclinical testing
population now lives in close issues by applying its mRNA platform candidates for Covid-19 to produce
for GLB-COV2-043, our vaccine
technology and scalable production more broadly accessible vaccines.
proximity in cities1, thereby product candidate for Covid-19
capabilities to rapidly develop cost- We are also designing antigens and
allowing for rapid outbreak
effective vaccine and therapeutic conducting preclinical research on a
of infectious disease from candidates for diseases prevalent in potential shingles vaccine candidate
communicable pathogens, Completed two commercial-
underserved and emerging markets. and currently anticipate nominating
scale engineering runs with
while access to good health Beyond independent efforts, GreenLight a clinical-development candidate for
our Covid-19 vaccine. Our
care often remains inaccessible. has numerous research collaborations in shingles in early 2023.
mRNA synthesis reaction
place to support this work, including with
demonstrated a titer of
Serum Institute of India (SII), National
12g/L at scale
Institutes of Health (NIH), the Bill and
Melinda Gates Foundation, and others.

Continued to work toward


initiating a Phase I/II clinical
mRNA advantages for trial to evaluate our Covid-19
Human Health vaccine candidate as a single-
We have identified significant vaccination booster
advantages with our platform-
based mRNA solutions, ranging
12g/L from rapid lead identification Collaborated with the U.S.
and iterations and a smaller National Institute of Health to
High-yielding mRNA test next-generation Covid-19
footprint to lower capital costs
synthesis reaction is key
and higher productivity per vaccine candidates that are
to unlocking anticipated
low cost per dose to volume as compared to other more broadly protective
support low- and middle- platforms. We are also focusing against new variants
income countries on developing cost-efficient
mRNA vaccine solutions
for illnesses that have been Designed an mRNA vaccine
overlooked or require vaccine candidate for shingles as part
development efforts in LMICs. of our partnership with Serum
One such example is shingles, Institute of India
where we have partnered with
Serum Institute of India.

17
1
UN World Urbanization Prospects, 2018
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Collaboration for access to affordable


Covid-19 vaccines
As SARS-COV-2 and Covid-19 become in Africa, and vaccination of 40% of to most in low-income countries until
endemic with ever-evolving variants, the population in sub-Saharan Africa many months after they were available
vaccinations will remain vital in the required an investment of nearly 100% in high-income countries, and low- and
years to come. However, vaccination of the region’s Gross Domestic Product middle-income countries still lag behind
rates in low- and middle-income (GDP). In contrast, vaccination of 40% high-income countries in total Covid-19
countries are less than half the rates in of the population in North America, vaccine doses administered.
high-income countries. Key reasons for Europe, and Central Asia required less
this discrepancy include affordability than 5% of GDP1. GreenLight aims to correct these
and access. Most existing Covid-19 inequities and is developing a Covid-19
vaccines are five to 10 times more These costly vaccines, even at vaccine candidate that will be modifiable
expensive than an average vaccine discounted prices, were not available to address new variants. We are
preparing to initiate a Phase I/II clinical
trial in a low- to middle-income country,
with a vaccine candidate that has shown
TOTAL COVID-19 VACCINE DOSES ADMINISTERED PER 100 PEOPLE, strong preclinical performance by
BY INCOME GROUP displaying a clear dose response after
All doses, including boosters, are counted individually. boost and inducing humoral responses
that exceed WHO standards and show
High income
promise for protection.
200
Lower middle income
GreenLight has partnered with
Low income
collaborators in Africa, including leading
150
clinical investigators, laboratories, and
clinical research sites, to help prepare
100
and enable us to evaluate this vaccine
candidate in Africa—a critical first step to
contribute to equitable global access to
50
highly effective Covid-19 vaccines.

Note: Country income


groups are based on the
0 World Bank classification.
Dec 2, 2020 Jun 4, 2021 Dec 21, 2021 Dec 23, 2022

Source: Official data collated by Our World in Data accurate as of 23 December 2022

18 1
Brookings Institution, Foresight Africa, 2022
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Quality and patient safety and global health authority regulations We monitor our studies on an ongoing
relevant to investigational product safety. basis to ensure compliance with
during clinical trials
We train employees and clinical sites on GreenLight and international standards
GreenLight has mechanisms in the proper conduct of clinical studies and to identify any unforeseen risks to
place to protect all trial participants and employ both external and internal patient safety. This includes audits of
consenting to the research, oversight of studies. GreenLight has contract research organizations (CROs)
established a Data Review Team that that conduct or manage studies on
including ensuring that each
regularly reviews treatment-blinded behalf of GreenLight. If GreenLight
participant executes a voluntary
safety data and an independent Data & becomes aware of study misconduct,
informed consent to the research, Safety Monitoring Board that regularly we will report it to the appropriate
and providing such participant the reviews treatment-unblinded trial data, authorities. The GreenLight safety/
right to withdraw from the trial at including safety data; each body advises medical team also collaborates with
any time and the right to withdraw on safety and benefit/risk decisions regulatory affairs staff to communicate
consent for the collection and use for GreenLight investigational products product information in a timely,
of their personal data. in clinical trials. The conduct of our transparent and accurate manner to
clinical trials adheres to the International applicable regulatory agencies.
GreenLight has medical and scientific Council for Harmonization Good Clinical
professionals with extensive safety and/ Practice (ICH GCP) standards and to the Each country has its own regulatory
or clinical or healthcare experience principles that have their origin in the authority with its own regulations, or
who are trained in pharmacovigilance Declaration of Helsinki. laws, for conducting a clinical trial.
The regulatory authority reviews and
approves our protocol(s) and ensures
that the clinical trial follows national
regulations. A regulatory Institutional
Review Board (IRB) or Ethics Committee
(EC) is an independent committee
that includes medical, scientific, and
non-scientific members, who are
responsible for protecting the rights,
welfare, safety and well-being of
clinical trial participants. Each clinical
trial location is monitored by a specific
IRB/EC responsible for reviewing all
clinical trials. in its jurisdiction as well as
conducting ongoing reviews of active
clinical trials.

19
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Animal welfare at a contract research organization Use of Laboratory Animals from the development of a Business Partner
(CRO) but use the minimal number of Office of Laboratory Animal Welfare Code of Conduct which, among other
We follow the principles of 3Rs animals necessary for addressing the and the Guide for the Care and Use of areas, outlines our expectations in the
(Replacement, Reduction, and scientific aim of the study. All our animal Laboratory Animals from the National supply chain, as well as upholding
Refinement) as our guiding principles study protocols are approved by the Research Council. environmental, labor, human rights and
for more ethical use of animals in CRO’s Institutional Animal Care and Use governance principles among others.
product testing and scientific research Committee (IACUC). Supply chain governance Additionally, in 2023 we plan to join the
as well as institutional and state/federal Pharmaceutical Supply Chain Initiative
guidelines for animal welfare when During the study, the care and use of We are committed to continually (PSCI) and uphold the Principles for
conducting our studies. animals is conducted in accordance advancing our supply chain governance Responsible Supply Chain Management
with the guidelines of the USA National efforts in order to ensure we engage as well as execute a master services
We use animal/human cell lines and Research Council. Non-GLP (Good in a supply chain which is reliable, safe agreement with a well-established
human primary cells in our scientific Laboratory Practices) studies comply and sustainable. vendor to conduct diligence on selected
research for initial product screening to with all applicable sections of the vendors and partners.
avoid the use of animals in areas where Final Rules of the Animal Welfare As we look to make the transition to
they otherwise would have been used. Act regulations (Code of Federal becoming a commercial company, we
When animal studies are absolutely Regulations, Title 9), the Public Health have identified a set of core initiatives
required, we conduct those studies Service Policy on Humane Care and to carry out in 2023 including the

20
Governance

Holding ourselves to the


highest standards and
ensuring accountability

21
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Governance
Daily work at GreenLight is governed reporting for breaches of the Code. our customers, we do not provide or through a whistle-blowing function
by our Code of Business Conduct and Specifically, the Code outlines standards otherwise release such data to any third available through an external party on
Ethics (“the Code”). The Code has been of honest, ethical, and fair conduct and parties without consent. an anonymous basis by phone or online
adopted by our Board of Directors, disclosure and sets forth reporting and (https://www.whistleblowerservices.
and it is applicable to all our directors, accountability obligations and process GreenLight has zero tolerance for all com/greenlightbiosciences). Our policy
officers, and employees. The Code, for directors, officers, and employees forms of corruption. GreenLight has sets forth clear procedures for how
communicated to our employees on a to follow as well as prohibited conduct adopted a whistleblowing policy with the complaints and reports are handled and
yearly basis, sets out the requirements with respect to insider trading and purpose of reinforcing the company’s investigated. We take all such reports
that employees are expected to dissemination of inside information, business integrity by providing a safe seriously and have zero tolerance for
meet in conducting business and financial statements, and other records, and reliable means for employees and retaliation against any person reporting
was put in place to promote honest improper influence on the conduct those doing business with GreenLight any violations or suspected violations.
and ethical conduct, fair, accurate, of audits, and anti-corruption laws to report concerns they may have We actively monitor compliance
and timely disclosure practices, and (including the prohibition of personnel about the company’s conduct. Under with our Code throughout each year,
compliance with applicable laws, rules from offering or receiving bribes or other our policy, employees, contractors, and including reviewing any complaints
and regulations, deter wrongdoing, financial incentives). Furthermore, to the third-party business partners can report and/or reported incidents with our
and require internal accountability and extent that we collect any data from incidents of suspected non-compliance Audit Committee on a quarterly
basis or immediately as they arise if
necessary. While no cases of suspected
or confirmed corruption or violations
of our ethical norms were reported
during 2022, we recognize the need for
continuous improvement regarding anti-
corruption, bribery, money laundering,
and human rights. Therefore, we plan
to implement additional training for our
employees regarding these issues in
the coming years.

Our Environmental, Social, Governance,


and Impact Committee (“ESGI
Committee”) oversees our sustainability
strategy and related activities to
advance our initiatives. During 2022,
we initiated the first ESG assessment of
our company, led by a third party that
specializes in ESG assessments.
22
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Board Committees the financial reporting and disclosure The Environmental, Social, Governance,
process as well as reviewing and and Impact Committee (formerly
As a public-benefit corporation, receiving briefings with respect to certain known as our Nominating and Corporate
GreenLight’s Board of Directors risks associated with issues arising from Governance Committee) has oversight
is responsible for managing and the company’s operations. Specific responsibility for GreenLight’s strategies
directing the company in a way that duties and responsibilities include: and activities relating to new director
balances the pecuniary interests of elections, corporate governance,
• Selecting, retaining, and overseeing
the stockholders, the best interests environmental, social, and sustainability
the company’s independent auditors;
of those materially affected by the policies and initiatives and related
• Reviewing the adequacy and
company’s conduct, and the specific disclosures and communications, among
effectiveness of the company's
public benefits identified in our charter. other duties. Given the size and stage
internal controls;
Furthermore, one of the key functions of business of the company and the
• Overseeing the company’s
of GreenLight’s Board of Directors is close linkage between these important
accounting and financial reporting,
administering informed oversight of areas, we believe that it is appropriate for
including the quality and integrity
the risk management process and for the ESGI Committee to be responsible
of the company’s financial
monitoring and assessing strategic risk for both corporate governance and
statements, and the overall audit
exposure both directly and through its sustainability initiatives. Specific duties
process and strategy;
various committees. and responsibilities include:
• Evaluating auditor performance,
qualification, and independence; • Determining qualifications, qualities,
GreenLight’s Board of Directors has • Reviewing and overseeing the skills and other expertise required to annual review of GreenLight’s corporate
three key committees, each of which company’s policies, procedures, and be a director on the Board and assist goals and objectives. Specific duties and
is important to the overall function programs designed to promote and with the selection and approval of responsibilities include:
and oversight of our company and monitor legal, ethical and regulatory director nominees; • Reviewing and making
its operations. GreenLight’s Board compliance; and • Overseeing corporate governance recommendations to the Board
Committees are as follows: • Reviewing and overseeing any practices and procedures; regarding incentive compensation
transaction between the company • Reviewing Board committee and equity-based plans and
• Audit Committee and any related person and other structure and composition; and administering such plans;
• Environmental, Social, Governance, potential conflict of interest situations. • Overseeing sustainability, • Evaluating the CEO’s performance
and Impact Committee • Reviewing material whistleblower environmental impact and social in light of corporate goals and
• Compensation Committee complaints of all types, including responsibility policies and practices. objectives and reviewing and
those related to environmental, approving compensation of all other
The Audit Committee has the In 2022, the ESGI Committee met four
employment, and financial concerns. executive officers; and
responsibility to consider and discuss times, all of which were attended by all
major financial risk exposures and members, except for one meeting in • Reviewing and recommending to
the steps its management will take to GreenLight’s Board of Directors which one director was absent. the Board all employee benefit plans
monitor and control such exposures, has determined that each member for the company.
including guidelines and policies of the Audit Committee qualifies The Compensation Committee is
to govern the process by which risk as an independent director for responsible for matters relating to
assessment and management is audit committee purposes under executive compensation and human
undertaken. Its primary role is to oversee applicable rules. capital management, including an

23
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Board diversity Policies and charters Expanding globally rights. Through our business activities,
we take into consideration human
Our Board is composed entirely of We are committed to maintaining a high As we expand our business and rights factors when we review potential
independent directors other than standard of governance, ethics, and partner with leading institutions projects, programs, and strategic
our Chief Executive Officer, Andrey accountability across our operations around the globe, it is important that collaborations, and these factors
Zarur, and is diverse, with diversity and our policies and charters have been we continuously identify and assess are often a driving force behind the
reflecting gender, age, race, ethnicity, developed to support this commitment. corruption risks. Potential partners projects and programs we review.
background, professional experience We aim to make our policies clear located in high-risk countries will require Furthermore, consistent with the UN
and perspectives. Each director on our and easy to understand, and we will a robust system in place in order to limit Guiding Principles on Business and
Board provides a unique set of skills, continually review such policies and the possibility of wrongful conduct. Human Rights, we avoid causing or
experiences, and viewpoints that create charters and update them from time to contributing to adverse human rights
impacts through our activities and seek
an effective, well-rounded, and strategic time as we believe appropriate. Respect for human rights
Board. As we pursue future Board to prevent or mitigate adverse human
recruitment efforts, our ESGI Committee Our policies and the charters of each rights impacts directly linked to our
Additionally, we follow the UN Guiding
will continue to seek out qualified of our committees are available for operations by our business relationships,
Principles on Business and Human
and experienced candidates that can review on the corporate governance including terminating a relationship
Rights. We recognize and uphold
contribute to the diversity of views and page of our website https://investors. with a business partner or supplier who
the responsibility that we have as
perspectives of the Board. greenlightbio.com/corporate- we become aware is responsible for a
an organization to comply with all
governance/overview known or proven human rights violation.
applicable laws and to respect human
In the event that we conduct an external
human rights inspection or audit, we are
willing to disclose the results of those
inspections or audits.

57%
of GreenLight’s
Board is racially and
ethnically diverse

29%
of GreenLight's Board
identifies as female

24
Environmental
impact

Designing RNA-based products


to support human, animal, and
plant health

25
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Environmental impact
We recognize the importance of Setting a base year Impact as a result of Greenhouse-gas emissions
managing our environmental impact and
One element of GreenLight’s
commercialization (metric tons CO2e)
2022
upholding the highest environmental
standards throughout our value chain. environmental impact is the energy As of 2022, we have yet to initiate
consumption of our facilities and the Scope 1 (direct emissions) 658
We operate in a highly regulated commercial manufacturing. As we scale
industry, where the Environmental associated emissions of greenhouse up our commercial activities, we will Scope 2 Location-based 3,695
Protection Agency and the Food and gases. In 2022, we started to collect have to further investigate the actual (energy indirect emissions)
Drug Administration are the main and report available data on energy and potential environmental impact Total 4,353
regulators. We are committed to consumption and greenhouse gas of our operations and our value chain,
continue assessing, and improving on, emissions for our primary locations. and continuously monitor and follow Scope 1 includes natural gas used onsite.
the environmental impact we have up on key metrics. In 2023, we will be Emission factor: DEFRA 2022
through our operations, including putting
Water as a resource able to collect a complete data set on Scope 2 includes emissions from electricity,
safeguards in place to remedy negative By volume, water is the largest energy, water usage, hazardous wastes, district heating, district cooling, and steam.
impacts such as insurance coverage for input material of our operations, and and emissions data from our R&D and Emission factors: IEA 2020 and DEFRA 2022.
pollutant clean-up and removal. With GreenLight will be looking for ways business operations.
Scope 3: GLB has yet to collect and report
the goal of holding ourselves to the to improve our water use metrics. data for Scope 3, this will be addressed in the
highest standards, we will continually Wastewater is handled in accordance upcoming year.
review all steering documents to ensure with local and national legislation.
that environmental accountability is Our Rochester facility, where dsRNA
fully captured. manufacturing will take place, is in an Energy Consumption (MWh) 2022 Waste (US short tons) 2022
industrial park that manages wastewater
Fuel (natural gas) 3,577 Hazardous 7
and waste on behalf of its tenants.
Electricity 7,631 Non-hazardous 12
Heating 1,273 Total 19
Cooling 292
Steam 1,045
Water usage (Megaliter) 17.39
Total 13,818

• The above data is incomplete in some cases as data resides with our landlords and is not readily available
to us for all facilities. We are correcting that deficiency for 2023 data.
• Certain new facilities were not included in the data (i.e. the Spain Field Research Station).
• Based on when the Lexington site came online, data for energy and waste represents a portion of the year;
water data was not available for 2022.
26
Caring for
people

United by a common
purpose of creating a more
sustainable future

27
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Caring for people


The employees at GreenLight are key GreenLight is committed to providing fair limitation, following the guidelines of from the top of the organization, through
to our success. We are a knowledge- and equitable wages,* including paying the International Labour Organization’s all levels of employment. Designated
and science-based enterprise. above minimum wage requirements International Labour Standards. Employee Experience Ambassadors
Therefore, it is essential that we attract across all locations, for all employees work to create the experience we
and retain the best talent by providing and regularly assessing our health and The foundation for want for our employees. We have
benefits, rewards, programs and wellness offerings to ensure they meet a stimulating and established formal Employee Resource
progression that enable their health the diverse needs of our population. sound workplace Groups, which act under the Equality,
and happiness, and support them in We strive to follow the highest Diversity, and Inclusion committee. The
achieving both their personal and standards and practices with respect Our Employee Handbook stipulates Employee Resource Groups consist of
professional goals. to our employees, including, without the principles and rules that outline our employees advocating for the needs,
work to create and uphold a healthy passions, and commonalities of various
and stimulating workplace. The work is individuals and groups of individuals
led by our experienced and committed within the company. In all actions we
People Team, managed directly by our take, we make sure that every part of
CEO. GreenLight strives to set the tone the organization and all our sites are
for a respectful and inclusive workplace included in the journey.

Our 2022 workforce

Female Male Total

Employees 123 146 269


Permanent employees 123 145 268
Temporary employees 0 1 1
Full-time employees 122 145 267
Part-time employees 1 1 2
Gender as specified by the employees themselves
Figures are accurate as of December 31, 2022

28 *GreenLight complies with all applicable labor laws.


01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Promoting diversity our ratio of female employees across and/or harassment in any form based
and inclusion all levels to 46%. Despite our progress, on race, creed, color, religion, alienage
we recognize there is more work to do. or national origin, ancestry, citizenship
As an organization, we value diversity, We will continue supporting our minority status, age, disability or handicap, sex,
equality, and inclusion and strive to employees in their efforts to achieve marital status, veteran status, sexual
cultivate a culture that reflects these management positions, and we will orientation, genetic information, or
values. We embrace different talents, increase representation at more senior any other characteristic protected by
backgrounds, skills, perspectives, and levels in the years to come. applicable federal, state, or local laws
cultures and believe that our differences is strictly forbidden. In such cases,
are key to the company’s success. Our GreenLight is an Equal Opportunity immediate action will be taken. We
efforts in having diverse talent can Employer. From the very beginning, do not allow any form of retaliation
be seen throughout the organization, our founders believed that our way against individuals who raise issues of
including at the Board and management forward would be based on equality, concern to management.
levels. During 2022, we have increased diversity, and inclusion. Discrimination

Employees broken down by gender, age, and ethnicity (%)

Ethnic
Employment Category Women Men Age <30 Age 30-50 Age >50
minorities

Board of Directors 28.6% 71.4% 0.0% 42.9% 57.1% 57.1%

Executive management team 50.0% 50.0% 0.0% 12.5% 87.5% 37.5%

Managers with direct line reports 33.0% 66.0% 2.4% 76.8% 20.7% 42.7%

Other Employees
51.4% 48.6% 40.2% 48.0% 11.7% 48.6%
(not included above)

29 *As of December 31, 2022, 30% of all ethnic and racial minorities and 33% of all women at GreenLight are in management-level positions.
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Attracting, developing, and turn, we closely review that each person In addition, we have deployed various this practice even as we experienced
is levelled correctly and positioned Employee Resource Groups which hyper growth when we hired more than
retaining the best talent
appropriately within market ranges include, a Women’s network, an LGBTQ+ 100 employees in the first six months
as compared to the industry and their group and others, to help us understand of 2022. Additionally, we have rolled
At GreenLight, we believe in attracting peers**. At 90%, our unadjusted gender the diverse needs of our employee out and trained all managers on the
the best talent possible. We offer pay gap is better than the national pay population. These grassroots efforts “GreenLight Way” of hiring to ensure
well-rounded benefits packages to our gap, which is reported as 82% in recent inform us on how to improve upon our that we have a common understanding
employees, including competitive wages years1. In 60% of the pay grades in our benefits and talent programs. of the biases we might have, how to
and remuneration, career development, job structure, women are paid as much overcome them and how to ensure we
healthcare, life insurance, paid holidays, or more than the men on average. We We communicate the available career execute on a consistent, structured and
minimum of 15 days paid vacation, paid are committed to equal employment paths and engage in a two-way dialogue equitable process. Training our teams on
parental leave (12 weeks for birthing opportunity and non-discrimination for on career aspirations. At the time of these concepts and skills, including how
and non-birthing parents), a mental all employees and to increasing the publishing this report, 87% of employees to craft an unbiased job description, how
health program, relocation bonuses, monitoring and reporting of company- received a written performance review to appropriately screen a resume, and
reimbursement for tuition expenses wide gender and ethnicity data. With and we expect additional reviews will behavioral interviewing skills, combined
(up to $5,250 annually), company stock every hire, promotion and annual salary be completed within Q1. Reflection and with our regular reinforcement of the
options*, and other competitive benefits. review cycle, we will continue to closely continuous improvement are important company’s values and mission, has
Additionally, we offer our employees a review the pay equity analytics with the to our culture and growth and so we yielded a 46% representation of females
variety of flexible work arrangements. goal of providing equitable pay. provide follow-up, resources and tools to in our workforce. Throughout 2020 and
For example, we provide all employees facilitate these productive conversations 2021, we were able to further improve on
who are returning from parental leave We are committed to supporting our and ensure they happen. We were proud achieving greater equality in our gender
with a phase-back-to-work option that employees and the outcomes of our to see that the same percentage of both representation.
allows them to work 4 days a week for employee survey measuring the overall men and women were promoted during
4 weeks at full pay, providing them with health and satisfaction of the company our annual promotion process (27%). Leadership at GreenLight is
flexibility they may need as new parents. indicate that we are on the right track. characterized by three Cs: care, courage,
Diversity, equity, and inclusion (DE&I) and At GreenLight, we are focused on and collaboration, concepts that are
We regularly review the pay ranges the measure of manager effectiveness developing tools and programs that core to the company culture we want to
associated with each level to ensure we ranked as the highest performing build and retain a diverse talent pipeline. nourish. Across our locations, we offer
are compensating competitively, and in metric in the most recent employee We do this in many ways throughout professional development paths, and we
engagement survey in 2021. For the employee lifecycle starting with work diligently to create strong leaders.
example, 89% of responding employees the recruitment process. Since our For example, we provided a dedicated
agreed that “I feel our organization is inception, we have had and maintained leadership training program in 2022,
actively working to create an inclusive, a practice of including a wide cross- aimed at teaching our leaders crucial
diverse, and equitable workplace.” In section of employees from various skills. This was a virtual program hosted
2022, we leveraged the feedback from functions, backgrounds, experiences, by a well-established third party, with
the engagement survey to develop skills and levels in the panel interview training modules designed and led by
programs that would best support our process to ensure the most unbiased experienced leadership experts from

100%
employees. We plan to do an employee outcome and that different views are academia and businesses.
satisfaction survey in 2023. represented and heard. We continued
Retention rate of
employees who 1
U.S. Census Bureau, 2021
30 took parental leave *Long-term employee benefits equate to 13.6% of the total amount spent on salaries, wages and benefits.
**Management compensation as a share of total amount spent on salaries, wages and benefits is equal to 9.5%
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Occupational health During 2022, GreenLight recorded two


workplace accidents or a Lost Time
and safety
Frequency Injury Rate of 2.96. Both
The health and safety of our workforce accidents were minor with one requiring
is critical. GreenLight provides safety an out-patient medical check and the
training for employees upon hiring as other requiring one week of light duty
well as annual refreshers. Our training work. In 2022, the average number of
covers a variety of relevant areas aligned days lost due to unplanned absenteeism
with the work we do, such as biosafety, was 1.6 days per employee.
chemical hygiene, hazardous waste
training, among others. The average We continue to strive for the safest
time spent on health and safety training possible workplace and, to take our
courses was 8 hours per employee employee health & safety (EHS) work
(including contract workers). In addition to the next level, we launched a new
to our core training, we offer optional EHS system in November 2022. This was
training in CPR/First Aid/AED training, supplemented by an updated Chemical
and we complete and report on several Hygiene Plan and Chemical Risk
lab safety inspections at all our sites Assessment forms. Third-party vendors
and have safety committees that meet and contractors are also required to
monthly at each site. have training before they commence
work. Programs vary depending on cleanup days, and donations to Feeding community is through the hosting of
the type and duration of the work America through our office meal- interns. In 2022, 26 students joined
to be performed. ordering service, among other initiatives. GreenLight as interns. The internship
Each of our Employee Resources Groups program provided GreenLight with
Community engagement (seven in all) has a senior-level sponsor an opportunity to collaborate with
and/or leader who provides guidance new talent from universities and
GreenLight is deeply invested in both and acts as a sounding board to ensure colleges nationwide and to participate
the communities where we operate, as that the committee’s goals, programs, in a productive exchange of ideas.
well as the extended global community. and activities align with our mission and When active, it can also create brand
Initiatives are channeled through the values and that they continue to have ambassadors to enhance our future
Global Community Service Committee the desired impact on our GreenLight recruitment efforts for Research
(one of our Employee Resource Groups). community and community at large. Associate and other entry and mid-level
Our CEO is the Executive Sponsor of the Furthermore, as GreenLight continues positions. The program also aligns with
committee, which has realized initiatives to expand globally we aim to hire key our DE&I efforts and supporting women
like fundraisers for Ukraine relief, Haiti positions from the local community, as in STEM positions—50% of our 2022
earthquake relief, local organizations we achieved this year with the opening interns identified as female. Furthermore,
working to support victims of trafficking of the field research station in Spain. we offer housing assistance to our
and sexual exploitation, farm volunteer student interns in order to help facilitate
days that have helped grow food for Another way in which we are able to their in-office experience at our
200+ families in need, local community support and engage with the broader respective locations.

31
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Looking ahead

The world is ever changing, and the year sustainability strategy, which includes and other stakeholders. We believe in value chain, from well-established
2022 has been no different. elaborating on how we can contribute the potential of our RNA platform and processes to follow-up on progress.
to the 2030 Agenda and its Sustainable the solutions that we can offer, yet we The key will also be to build company-
At GreenLight, we take important Development Goals. recognize the core expectation of us to wide competences and capacity to
learnings with us into the new year. We be a credible actor and partner. work with sustainability in a systematic
are determined to further advance how We will regularly assess the quality and strategic manner, while working to
we work with sustainability, and the first of our sustainability data, focusing on To do that, we need to ensure that we realize our human health and animal and
ESG assessment conducted under 2022 continuous improvements and meeting have high-quality sustainability data plant health pipelines.
will form the basis of our upcoming the expectations of prospective investors from our organization and across the

32
Sustainability
Accounting
Standards
Board
(SASB) Index

33
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

SASB Index
The Sustainability Accounting Standards Board (SASB) is an independent nonprofit organization that develops and sets sustainability accounting standards in an effort to
provide consistent reporting on environmental, social, and governance (“ESG”) matters by companies. GreenLight has elected to report under the SASB framework for our
industry—biotechnology and pharmaceuticals—as we strive to provide relevant ESG information to our investors and stakeholders. We are committed to ESG transparency
and continuing to strengthen our disclosures in the coming years.

SASB
Topic Accounting Metric Description 2022 Disclosure
Code
Safety of HC-BP- Discussion, by world region, of management process for ensuring See page 19.
Clinical Trial 210a.1 quality and patient safety during clinical trials
Participants
HC-BP- Number of FDA Sponsor Inspections related to clinical trial 0; no trials have commenced in the United States.
210a.2 management and pharmacovigilance that resulted in (1) Voluntary
Action Indicated (VAI) and (2) Official Action Indicated (OAI)

HC-BP- Total amount of monetary losses as a result of legal proceedings 0; no clinical trials have commenced in any developing country as of 2022.
210a.3 associated with clinical trials in developing countries

Access to HC-BP- Description of actions and initiatives to promote access to Despite prophylactic and therapeutic interventions against Covid-19, it still remains an area
Medicines 240a.1 healthcare products for priority diseases and in priority countries for active vaccine R&D to generate improved booster with greater breadth and durability
as defined by the Access to Medicine Index against SARS-CoV-2 and other related viruses (e.g., betacoronaviruses or sarbecoviruses
more broadly). GreenLight is laying the groundwork to conduct a Phase I/II study to support
clinical trial conduct, capacity building, and—through clinical studies and approval—allow
access to health care products.

HC-BP- List of products on the WHO List of Prequalified Medicinal GreenLight has no products on the WHO List of Prequalified Medicinal Products as we do
240a.2 Products as part of its Prequalification of Medicines Program not yet have commercial products. However, GreenLight’s core strategy entails partnering
(PQP) with low- and middle-income countries (LMICs) to advance access to WHO high- and mid-
priority vaccines.

Affordability & HC-BP- Number of settlements of Abbreviated New Drug Application 0; GreenLight’s products are in development and are not yet commercially available.
Pricing 240b.1 (ANDA) litigation that involved payments and/or provisions to
delay bringing an authorized generic product to market for a
defined time period

HC-BP- Percentage change in: (1) average list price and (2) average net 0; GreenLight’s products are in development and are not yet commercially available.
240b.2 price across U.S. product portfolio compared to previous year

HC-BP- Percentage change in: (1) list price and (2) net price of product 0; GreenLight’s products are in development and are not yet commercially available.
240b.3 with largest increase compared to previous year

34
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

SASB Index
SASB
Topic Accounting Metric Description 2022 Disclosure
Code
Drug Safety HC-BP- Number of settlements of Abbreviated New Drug Application 0; GreenLight’s products are in development and are not yet commercially available.
250a.1 (ANDA) litigation that involved payments and/or provisions to
delay bringing an authorized generic product to market for a
defined time period

HC-BP- Percentage change in: (1) average list price and (2) average net 0; GreenLight’s products are in development and are not yet commercially available.
250a.2 price across U.S product portfolio compared to previous year

HC-BP- Percentage change in: (1) list price and (2) net price of product 0; GreenLight’s products are in development and are not yet commercially available.
250a.3 with largest increase compared to previous year

HC-BP- Total amount of product accepted for takeback, reuse, or disposal 0; GreenLight’s products are in development and are not yet commercially available.
250a.4

HC-BP- Number of FDA enforcement actions taken in response to 0; no FDA enforcement actions to date.
250a.5 violations of current Good Manufacturing Practices (cGMP) by
type

Counterfeit HC-BP- Description of methods and technologies used to maintain GreenLight’s products are in development and are not yet commercially available.t
Drugs 260a.1 traceability of products throughout the supply chain and prevent
counterfeiting

HC-BP- Discussion of process for alerting customers and business GreenLight’s products are in development and are not yet commercially available.
260a.2 partners of potential or known risks associated with counterfeit
products

HC-BP- Number of actions that led to raids, seizure, arrests and/or filing 0; GreenLight’s products are in development and are not yet commercially available.
260a.3 or criminal charges related to counterfeit products

Ethical HC-BP- Total amount of monetary losses as a result of legal proceedings 0; no legal proceedings associated with false marketing claims.
Marketing 270a.1 associated with false marketing claims

HC-BP- Description of code of ethics governing promotion of off-label use No off-label use of products in current proposed clinical trial
270a.2 of products

35
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

SASB Index
SASB
Topic Accounting Metric Description 2022 Disclosure
Code
Employee HC-BP- Discussion of talent recruitment and retention efforts for scientists See page 30.
Recruitment, 330a.1 and research and development personnel
Development &
Retention

Employee HC-BP- (1) Voluntary and (2) involuntary turnover rate* for: (a) executives/
Avg. # of #Involuntary Involuntary #Voluntary Voluntary
Recruitment, 330a.2 senior managers, (b) midlevel managers, (c) professionals, and
Employees Departures Turnover % Departures Turnover %
Development & (d) all others. Shown below as percentages of total turnover (e.g.,
Retention number of involuntary professional-level leavers/total average Exec/Sr
58 9 15.6% 8 13.9%
2022 headcount). Management

Mid-Level 45 11 24.6% 8 17.9%

Professional 98 17 17.4% 22 22.5%

Other 115 38 32.9% 14 12.1%


*The involuntary turnover figures include those who were
impacted by the restructuring that took place in October 2022. Total 315 75 23.8% 52 16.5%

Supply Chain HC-BP- Percentage of (1) entity's facilities and (2) Tier 1 suppliers' facilities 0%
Sustainability 430a.1 participating in the Rx-360 International Pharmaceutical Supply
Chain Consortium audit program or equivalent third-party audit
programs for integrity of supply chain and ingredients

Business Ethics HC-BP- Total amount of monetary losses as a result of legal proceedings 0; no legal proceedings associated with corruption and bribery.
510a.1 associated with corruption and bribery

HC-BP- Description of code of ethics governing interactions with See page 19.
510a.2 healthcare professionals

Activity Metrics HC-BP- Number of patients treated 0; GLB has not commenced any human clinical trials yet.
000.A

HC-BP- Q: Number of drugs (1) in portfolio and (2) in research and (i) In portfolio – 3 drug development candidates in the portfolio (ii) in R&D - 1 drug
000.B development (Phases 1-3) development candidate preparing to begin a Phase I/II clinical trial.

36
01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB

Disclaimer on forward-looking statements


Certain statements in this report The words “anticipate,” “believe,” our Quarterly Reports on Form 10-
may constitute “forward-looking “contemplate,” “continue,” “could,” Q, periodic filings on Form 8-K, and
statements” for purposes of the federal “estimate,” “expect,” “intends,” “may,” any of our future filings with the SEC.
securities laws. Our forward-looking “might,” “plan,” “possible,” “potential,” Should one or more of these risks or
statements include, but are not limited “predict,” “project,” “should,” “will,” “would” uncertainties materialize, or should any
to, statements regarding our or our and similar expressions may identify of our assumptions prove incorrect,
management team’s expectations, forward-looking statements, but the actual results may vary in material
hopes, beliefs, intentions or strategies absence of these words does not mean respects from those projected in these
regarding the future, including those that a statement is not forward-looking. forward-looking statements. Some of
relating to the success, cost and timing These forward-looking statements are these risks and uncertainties may in
of our research and development based on current expectations and the future be amplified by the ongoing
activities in our plant and human health beliefs concerning future developments COVID-19 pandemic and current
programs, the acceptance of RNA- and their potential effects. There can be macroeconomic conditions and there
based technologies by regulators no assurance that future developments may be additional risks that we consider
and the public, our ability to raise and affecting us will be those that we have immaterial, or which are unknown. It
productively deploy capital and the anticipated. These forward-looking is not possible to predict or identify
rate at which we can successfully bring statements involve a number of risks, all such risks. Our forward-looking
products to market, our projected uncertainties (some of which are beyond statements only speak as of the date
cash runway and our ability to obtain our control) or other assumptions that they are made, and we do not undertake
funding for our operations when may cause actual results or performance any obligation to update or revise any
needed. Forward-looking statements to be materially different from those forward-looking statements, whether as
include statements relating to our expressed or implied by these forward- a result of new information, future events
management team’s expectations, looking statements. These risks and or otherwise, except as may be required
hopes, beliefs, intentions or strategies uncertainties include, but are not limited under applicable securities laws.
regarding the future. In addition, any to, those factors described under the
GreenLight's SEC filings can be found
statements that refer to projections, heading “Risk Factors” in the company’s
at https://investors.greenlightbio.com/
forecasts or other characterizations most recent Annual Report on Form 10-K
financial-information/sec-filings.
of future events or circumstances, filed with the SEC, as well as discussions
including any underlying assumptions, of potential risks, uncertainties, and
are forward-looking statements. other important factors included in

37
About this report

This sustainability report details


the performance of GreenLight
Biosciences Holdings, PBC, a
Delaware public benefit corporation,
together with its wholly-owned
subsidiary, GreenLight Biosciences,
Inc., a Delaware corporation. It covers
the financial year of 2022 (January
1, 2022, through December 31,
2022). Emission factors used: Scope
1 DEFRA 2022, Scope 2: IEA 2020
and DEFRA 2022.

GreenLight Biosciences
29 Hartwell Avenue
Lexington, Massachusetts 02421

www.greenlightbiosciences.com

You might also like