Professional Documents
Culture Documents
2022
TABLE OF CONTENTS
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01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB
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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
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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
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
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
across the African continent1, for which we are 294 field and greenhouse trials greenhouse gas emissions?2
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
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
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.
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01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB
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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
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01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB
• New and better vaccines # vaccine assets in pre-clinical, clinical, and approved 2
• Accessible globally
• Affordable
• Providing
farmers with new tools
• Improved pest control # pests targeted 14
• Addressing resistance issues
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
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
11
Business Area:
Plant and
Animal Health
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01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB
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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
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
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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
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01 / CEO letter 02 / At a glance 03 / Business areas 04 / Governance 05 / Environment 06 / People 07 / Looking ahead 08 / SASB
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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
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.
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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
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Governance
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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.
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
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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
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Environmental
impact
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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.
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Caring for
people
United by a common
purpose of creating a more
sustainable future
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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
Ethnic
Employment Category Women Men Age <30 Age 30-50 Age >50
minorities
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%
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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
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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
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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
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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
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
37
About this report
GreenLight Biosciences
29 Hartwell Avenue
Lexington, Massachusetts 02421
www.greenlightbiosciences.com