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ESG (Environment, social and governance)
At OXB, our commitment to responsible, sustainable and ethical practices ensures high-quality, safe and innovative therapies. Guided by our core values - responsible, responsive, resilient and respectful - we aim to protect the planet and support communities while delivering value to our clients and patients.
Our ESG strategy: Aligning business with purpose
We focus on three priorities that matter most to our stakeholders: Environment (E), Social (S) and Governance (G). This approach ensures our business practices support your goals, maintain product quality and reduce environmental and social risks.
Environment: Driving sustainable innovation
Social: Delivering value to patients and communities
Social responsibility overview
OXB fosters a diverse, inclusive and equitable environment where employees feel valued and empowered. We engage with communities and suppliers to create mutual value and economic opportunities.
People and patients
At OXB, we prioritise ethical and socially responsible cell and gene therapies. Our Global Technical and Innovation Committee ensures viral vectors are produced sustainably while patient and client stories shared internally highlight the real-world impact of our work and inspire our employees.
Employees and EDI
We provide an inclusive workplace with mandatory EDI training, harassment prevention and policies supporting equality, neurodiversity, menopause and LGBTQIA+ inclusion across UK, US and France sites.
Health and safety
Site-level H&S objectives are monitored including training compliance and Lost Time Injury Rate. Internal audits provide assurance on safety procedures.
Community engagement and volunteering
Employees can request volunteer days for initiatives such as Habitat for Humanity, food banks, school events, environmental conservation projects and more.
Responsible supply chain
We are committed to ensuring responsible business practices across our supply chain. We believe that business and society are best served when companies adopt ethical practices that prioritize sustainability, quality and people. Read more in the Supplier Code of Conduct.
Governance: Ensuring transparency and accountability
Framework
Strong governance underpins our ESG commitments. In 2024, we transitioned from a five-pillar model to three priorities: Environment, Social and Governance, for clearer alignment and risk management.
Oversight
The ESGR Committee integrates environmental, social, governance and risk oversight to ensure accountability.
Transparency
We maintain clear reporting lines aligned with stakeholder expectations. Learn more in our ESG section of the Annual Report.
ESG metrics and impact
| Metric | 2024 performance | Target | Impact |
|---|---|---|---|
| Scope 1 & 2 emissions reduction | 20% (38% cumulative since 2021) | 42% by 2030 | Significant progress towards net-zero emissions |
| Renewable electricity sourcing | 51% | 100% by 2030 | Reducing carbon footprint and energy costs |
| Supplier engagement on SBTs | 34% of emissions from suppliers | 90% by 2029 | Enhancing supply chain sustainability |
| Employee diversity | 47% male, 53% female | N/A | Promoting gender equality in the workplace |
Related resources
Explore our latest publications, guidance and insights to learn more about OXB’s commitment to ESG and sustainable innovation:
OXB Annual Report and Accounts 2024 >
Supplier Code of Conduct >
Environmental policy >
