Agilent’s ESG Report Highlights Expansion of Solutions to Help Labs Manage Their Environmental Footprint

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Agilent Technologies (NYSE: A) has published its annual ESG report, highlighting significant advancements in sustainable lab solutions. These include the industry's largest instrument recycling and refurbishment program and the expansion of My Green Lab ACT-labeled products, now making up 40% of instrument revenue. The report also notes the company's progress in greener product packaging and asset monitoring technology to enhance lab efficiency.

Agilent achieved an 8% reduction in Scope 1 and 2 emissions since 2019, alongside over 30% revenue growth. The company received net-zero emissions target validation from the Science Based Targets initiative and implemented sustainable practices that save thousands of gallons of organic waste and hundreds of pounds of foam and plastic annually.

Workforce diversity and engagement were also emphasized. Agilent earned Great Place to Work® certification in 27 regions and donated millions to various educational and charitable causes. These efforts underline Agilent's commitment to supporting science, society, and the environment.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Agilent Technologies Inc. (NYSE: A) today released the company’s annual ESG report, showcasing a comprehensive and growing set of sustainable solutions that enable hundreds of thousands of labs worldwide to reduce consumption of nonrenewable resources and to minimize waste.

Agilent's 2023 ESG Report (Graphic: Business Wire)

Agilent’s sustainable solutions include the sector’s largest instrument recycling and refurbishment program and an expanding number of My Green Lab ACT-labeled products that account for 40% of the company’s instrument revenue. The company is also delivering asset monitoring technology to manage lab resources more efficiently and a wide variety of instruments and consumables that use less energy and produce less waste. The report also highlights Agilent’s accelerated progress in adopting greener product packaging.

“Our global leadership in the lab-instrument and technology sector enables us to have a positive impact on science and society—from supporting more effective cancer diagnosis and treatment to ensuring the food we eat and the water we drink are safe,” said Padraig McDonnell, Agilent president and CEO. “It also drives our efforts as a leading sustainable lab partner for our customers, a top workplace for diverse talent, and a responsible steward of the environment.”

Below are highlights from Agilent’s 2023 ESG initiatives:

Product Sustainability

• Expanded the My Green Lab ACT-certification label to more product families, increasing from 35% to 40% the share of instrument revenue from ACT-labeled instruments that provide customers information on the environmental footprint of Agilent products.
• Refurbished 5,400 instruments, a 25% increase over the previous year, which reflects growing demand for the company’s circular economy initiative known as the Agilent Certified Pre-Owned Instruments Program.
• Earned the Scientists’ Choice 2023 Sustainable Product of the Year award for the Agilent Cary 3500 Flexible UV-Vis Spectrophotometer, which reduces the use of consumables and reagents.
• Implemented more sustainable packaging for many products, including the GC1 Packed Column box, 5500a FTIR Flow Cell Stanhope instrument, and Easi portfolio, eliminating hundreds of pounds of foam and plastic waste annually. Replaced paper chemical standards labels with QR codes, saving 700,000 pieces of paper annually at a single facility.

Environmental

• Reduced Scope 1 and 2 emissions by 8% since 2019, even as the company’s revenue grew more than 30% over the same period.
• Received validation of the company’s net-zero emissions targets from the Science Based Targets initiative.
• Held dozens of net-zero emissions forums and workshops with suppliers and assessed the carbon maturity of over 200 suppliers.
• Eliminated up to 80,000 gallons of organic waste per year at the company’s oligonucleotide manufacturing facility through an innovative recycling system.

Workforce Diversity and Engagement

• Achieved Great Place to Work^® certification in 27 countries and territories and was named one of the best workplaces in Canada, China, France, Germany, Italy, Japan, Singapore, South Korea, Spain, Taiwan and the United Kingdom.
• Earned high ratings from employees, with 89% of those surveyed indicating Agilent is a great place to work.
• Recognized as a top employer for women by Forbes, and once again achieved gender-based pay equity.
• Donated $1.5 million to Delaware State University, a historically Black university, and $175,000 to eight STEM education nonprofit organizations to expand opportunities for underrepresented students; accompanied donations with hundreds of hours of mentorship by employee volunteers.
• Generated $4.3 million for a broad set of charities through employee donations and matching contributions from the Agilent Foundation. 

Agilent also invested $11 million in awards to support academic research that advances science and society in key areas, including bioprocess engineering, synthetic biology, quantitative analysis of pollutants like per- and polyfluoroalkyl substances (PFAS), and CAR-T cell manufacturing.

Read Agilent’s ESG report for details on these and many more environmental and social initiatives in 2023. Learn more about Agilent’s sustainability initiatives throughout the year at Agilent.com.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers' most challenging questions. The company generated revenue of $6.83 billion in fiscal 2023 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

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MEDIA CONTACT:

Sarah Litton

+1 408 361 0405

sarah.litton@agilent.com

INVESTOR CONTACT:

Parmeet Ahuja

+1 408 345 8948

parmeet_ahuja@agilent.com

Source: Agilent Technologies Inc.

FAQ

What sustainable solutions are highlighted in Agilent's 2023 ESG report?

Agilent's 2023 ESG report features the industry's largest instrument recycling and refurbishment program, My Green Lab ACT-labeled products, greener packaging, and asset monitoring technology.

How has Agilent reduced its environmental impact according to the 2023 ESG report?

Agilent reduced Scope 1 and 2 emissions by 8% since 2019, eliminated thousands of gallons of organic waste annually, and implemented sustainable packaging materials.

What is the significance of the My Green Lab ACT-certification in Agilent's ESG report?

The My Green Lab ACT-certification label on Agilent products provides information on environmental impact and now accounts for 40% of the company's instrument revenue.

What workforce achievements are noted in Agilent's 2023 ESG report?

Agilent earned Great Place to Work® certification in 27 regions, achieved gender-based pay equity, and received high employee satisfaction ratings.

What are the main environmental initiatives mentioned in Agilent's 2023 ESG report?

Key initiatives include reducing emissions, validating net-zero targets, recycling organic waste, and adopting sustainable packaging.

How does Agilent's ESG report address community and educational support?

Agilent donated $1.5 million to Delaware State University, $175,000 to STEM nonprofits, and generated $4.3 million for charities through employee contributions.