Genentech, now a member of the Roche Group, is a leading biotechnology company that discovers, develops, manufactures and commercializes medicines to treat patients with serious or life-threatening medical conditions. We have been delivering on the promise of biotechnology for almost 40 years, with multiple products on the market and a promising development pipeline.
Genentech
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3.5
Overall Excellence Rating
Industry
HealthcareCategory
Biotech & PharmaceuticalsESG/Ethical Impact
Genentech’s environmental initiatives focus on minimizing their ecological footprint and promoting sustainable practices. Key environmental efforts include: Green Product Development: Developing pharmaceuticals with reduced environmental impact, including energy-efficient manufacturing processes and reduced waste generation. Supply Chain Sustainability: Collaborating with suppliers to ensure responsible sourcing, reduce carbon emissions, and promote sustainable procurement practices. Energy Efficiency: Implementing energy-saving technologies in laboratories and facilities to reduce energy consumption and greenhouse gas emissions. Waste Management: Implementing sustainable waste management practices, including proper disposal of hazardous materials and promoting recycling and reuse.Genentech’s social sustainability efforts center on improving patient outcomes, employee well-being, and community engagement. Key social initiatives include: Patient-Centered Innovation: Developing breakthrough therapies that improve patient health and quality of life, addressing unmet medical needs and promoting better healthcare outcomes. Employee Well-being: Investing in employee training, professional development, and creating a supportive work environment that values diversity, inclusion, and well-being. Community Health: Engaging in healthcare access programs, medical education initiatives, and partnerships to address health disparities and support underserved communities. Patient Safety: Ensuring the safety and effectiveness of their medicines through rigorous clinical trials, adherence to regulatory standards, and transparent communication.Genentech places strong emphasis on ethical governance and transparent business practices. Key governance initiatives include: Ethical Conduct: Upholding a strong code of ethics that guides decision-making, promotes integrity, and ensures compliance with laws and regulations. Data Security: Safeguarding patient and clinical trial data through robust cybersecurity measures, protecting privacy and maintaining trust. Stakeholder Engagement: Maintaining open and transparent communication with patients, healthcare professionals, employees, investors, and regulatory bodies to address concerns and provide accurate information.Genentech’s ethical commitments extend to delivering therapies with integrity, transparency, and a focus on patient well-being. This includes upholding medical standards, respecting patient autonomy, and maintaining informed consent. Genentech’s ESG sustainability efforts encompass a comprehensive range of initiatives that prioritize responsible biotechnology practices, patient well-being, ethical conduct, transparent governance, and financial growth. By integrating these pillars into their business strategy, Genentech aims to drive positive change in the healthcare and biotechnology sectors while achieving sustainable growth and creating long-term value for all stakeholders.Genentech recognizes that ESG practices can impact financial performance and long-term sustainability. By addressing ESG factors, the company aims to manage risks, enhance brand reputation, and attract stakeholders who value responsible biotechnology practices.
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Awards Received
2023
Revenues
$26,400,000,000.00
Website Traffic
Employee Rating
4.3
Customer Rating
4
Company Size
10000+
ESG Risk Rating
3
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