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1、Building abrighter future2022 Corporate Social Responsibility ReportAbout this report 3Letter from our CEO 4Highlights 5Our Company 6Our Mission in action 6Our values 7Our brands 8Our performance 9Innovation 10Our CSR commitment 12CSR strategy 12Corporate governance 13Stakeholder engagement 15Materi
2、ality assessment 16Ethics 17Data privacy 20Cybersecurity 21Operations 22Quality 23Environmental,health and safety 25Responsible sourcing 26Colleagues 29Diversity and inclusion 31Talent management 34Benefits and well-being 38Communities 40STEM education 42Colleague involvement 45Global health equity
3、46Environment 47Climate 50Nature 53Design for Sustainability 55Endnotes 58Awards 61Data summary 62Appendices 67Contents22022 Corporate Social Responsibility R Mission is to enable our customers to make the world healthier,cleaner and safer.About this reportOur Corporate Social Responsibility(CSR)rep
4、ort reflects our commitment to society and all our stakeholders and details our progress on relevant environmental,social and governance(ESG)priorities.The programs,achievements and performance covered in this report are presented in line with our CSR strategy,which is focused on four key pillars:Op
5、erations,Colleagues,Communities andEnvironment.Topics that are foundational to all four pillars are introduced in the OurCSR commitment section.They include corporate governance,ethics,data privacy and cybersecurity.This publication covers the reporting period from January 1 to December 31,2022,and,
6、unless otherwise noted,includes data for our clinical research business,which was acquired as PPD,Inc.on December 8,2021.We are committed to the continuous improvement of our reporting and disclosures to increase visibility into our efforts.To that end,we proactively gather feedback from our stakeho
7、lders to inform our approach.Our reporting is further guided by internationally recognized standards and frameworks,including the Global Reporting Initiative(GRI)Standards(2021),the International Financial Reporting Standards(IFRS)Foundations SASBStandards for Medical Equipment and Devices,the Task
8、Force on Climate-Related Financial Disclosures(TCFD)and the United Nations Sustainable Development Goals(SDGs).See Appendices 1 through 5 for more information.As a member of the United Nations Global Compact(UNGC),Thermo Fisher Scientific remains committed to aligning our Company strategy with the T
9、en Principles on human rights,labor,environment and anti-corruption.This report provides insight into our progress,including our approach to relevant topics such as human rights,pay equity and design for sustainability.For select environmental performance indicators,Bureau Veritas has provided indep
10、endent external assurance.Assured data is clearly marked in the Data summary and a copy of the assurance statement is available here with details on the assurance scope,standards used,work undertaken and conclusions.For questions or comments regarding this report or our CSR approach,please contact u
11、s at .32022 Corporate Social Responsibility R from our CEOThermo Fisher was built to serve society,and our business is grounded in a simple but very profound Missionto enable our customers to make the world healthier,cleaner and safer.We understand the important role we play in improving lives world
12、wide as we help our customers diagnose disease,develop new treatments,protect our planet and keep people safe.This defines us as a Company and inspires our 125,000 colleagues to bring their best every day.As a Mission-driven Company,we also know that our role in making the world a better place goes
13、beyond enabling our customers success.Our responsibility extends to supporting our communities,being a good steward of our planet,creating a great work environment for our colleagues and always doing business the right way.Im very proud of the way we delivered on these responsibilities in 2022,and I
14、m grateful to our extraordinary global team for making it possible.To support our colleagues in reaching their full potential and achieving their career aspirations,we continue to create a vibrant and inclusive environment where unique backgrounds and perspectives are embraced.Our teams diversity of
15、 thought spurred remarkable innovation in 2022,generating an exciting pipeline of new products that will be launched in the years ahead and lead to improvements across our Company.We are committed to diversity and inclusion because its the right thing to do and it makes us stronger.Our colleagues al
16、so demonstrate a deep commitment to serving others,both on the job and in their communities,and Im continually inspired by their compassion and enthusiasm for making a difference.Through their involvement and the leadership of our Community Action Councils(CACs),our team collectively volunteered mor
17、e than 120,000 hours.As part of this activity,our CACs leveraged our Foundation for Science to support more than 4,000 Mission-aligned nonprofit organizations around the world.Through corporate initiatives,we launched new signature partnerships to advance our commitment to science,technology,enginee
18、ring and math(STEM)education access and equity.For example,through a partnership with Society for Science,we became the title sponsor of the Thermo Fisher Scientific Junior Innovators Challenge,the premier middle school STEM competition in the United States,which will reach over 65,000 students annu
19、ally.This year brought its share of crises in the world,and as always,there was an immediate outpouring of generosity across the Company.Thanks to colleague contributions and our Company matching gift program,we collectively donated nearly$6 million to critical causes globally,including humanitarian
20、 aid for the crisis in Ukraine.We also reinvested in our global team with supportive initiatives such as special payments to help offset the impact of inflation and a new employee assistance program(EAP)focused on mental health.Im also proud of our continued progress to advance our environmental sus
21、tainability roadmap.Since 2018,weve reduced greenhouse gas emissions from our operations by 25%,and in 2022 we increased our goal,committing to a 50%reduction in Scope 1 and Scope 2 emissions by 2030.Our new Scope 1 and 2 target as well as our Scope 3 and net-zero goals have been approved by the Sci
22、ence Based Targets initiative(SBTi),an independent organization that drives climate action in the private sector.This makes Thermo Fisher one of the first companies in our industry to have a net-zero target validated by the SBTi.As we move ahead,we are building greener facilities and making changes
23、to existing sites to reduce the use of fossil fuels.Our colleagues are taking an active role on this journeycontributing innovative ideas and participating in efforts to accelerate our path forward.As of the writing of this letter,more than 150 of our sites are now fully powered by renewable energy,
24、and by 2026 all our current US sites will operate on 100%renewable electricity,thanks to power purchasing agreements finalized in the past year.We accomplished a lot in 2022 and none of it would be possible without the passion and commitment of our incredible global team.We are proud to be on this j
25、ourney together,striving to be an even stronger partner for our stakeholders,making an even greater impact for society,and fostering a workplace where all colleagues can pursue long-term,Mission-driven careers.I encourage you to read more about our contributions in this report.It provides a glimpse
26、into the many ways we are building a brighter future for our customers,our colleagues,our communitiesand the world at large.Marc N.CasperChairman,President and CEO2022 Corporate Social Responsibility R spend with small and diverse suppliers89.5K students reached through STEM education25%reduction in
27、 absolute Scope 1 and 2 emissions since 20182Net-zero emissions by 2050with near-and long-term targets validated by the Science Based Targets initiativeThermo Fisher Scientific Junior Innovators Challenge launched to reach 65,000 students annuallyPay equity study conducted to measure and advance our
28、 diversity and inclusion progressAccelerating our ambition with an updated 2030 target of reducing our Scope 1 and 21 emissions by 50%#6in the 2022 Return on Leadership ROL100 ranking500alumni hired from historically Black colleges and universities since 2020,already surpassing our 2023 goal$1.5Bin
29、R&D investment93%of sites adhering to current GoodManufacturing Practices and/or certified to ISO9001,ISO 13485 standards41sites with ISO 14001 environmental management system certification51%of global leadership roles filled internallyHIV drug resistance testing made accessible in 25 low-and middle
30、-income countries120Kvolunteer hours by colleaguesHighlights52022 Corporate Social Responsibility R CompanyThermo Fisher Scientific,Inc.is the world leader in serving science.Our Mission is to enable our customers to make the world healthier,cleaner and safer.Whether our customers are accelerating l
31、ife sciences research,solving complex analytical challenges,increasing productivity in their laboratories,improving patient health through diagnostics,or developing and manufacturing life-changing therapies,we are here to support them.Our global team delivers an unrivaled combination of innovative t
32、echnologies,purchasing convenience and pharmaceutical services.Our Mission in actionWe fulfill our Mission in countless ways,making a difference in the world through the work we do.Here are just a few examples from 2022 that remind us of that greater purpose and inspire us every day.Healthier Helped
33、 improve health and save lives by working with national and international organizations,like Donate Life America,to advance transplant diagnostics and increase access to organs for patients in need Equipped blood banking centers across India to protect blood supplies Launched a new electron microsco
34、pe to help our customers accelerate drug discovery for debilitating disorders such as Alzheimers,Parkinsons and Huntingtons diseasesCleaner Supported researchers around the world,like those at the Universit Grenoble Alpes in France,who are advancing climate research through the Ice Memory project En
35、abled automakers like Toyota in Japan to improve the efficiency of electric vehicles and advance the transition to a low-carbon economy Helped scientists study microplastic pollution and better understand the impact of these contaminants on the environment and human healthSafer Helped to make the wo
36、rld safer by providing technologies to monitor the quality of water around theworld,including in war-ravaged areas of Ukraine Equipped law enforcement and first responders with handheld narcotics analyzers to protect them from accidental exposure to dangerous street drugs Provided food safety testin
37、g laboratories with solutions for detecting the presence of pesticides infood products 6IntegrityHonor commitments,communicate openly and demonstrate the highest ethical standardsIntensityBe determined to deliver results with speed,excellence and a passion to succeedInnovationCreate value by transfo
38、rming knowledge and ideas into differentiated products and services for our customersInvolvementMake connections to work as one global team,embracing unique perspectives and treating others with dignity and respectOur valuesOur 4i Values of Integrity,Intensity,Innovation and Involvement are the foun
39、dation of our culture and fundamental to our growth.They guide our interactions with our customers,suppliers,partners,communities and with each other,upholding our commitment to do business the right way as we build a brighter future for our Company and our world.Values spotlightInnovating for a mor
40、e sustainable futureAs one of our 4i Values,Innovation is at the core of how we build a brighter,more sustainable future.Our colleagues put this value into practice every day,including through our efforts to achieve net-zero emissions by 2050.By rethinking foam packaging thats traditionally used for
41、 cold transport,we designed a readily recyclable 100%paper cooler.We use this greener solution for shipping our own products and share it with our customers for their use.Learn how one of our customers is advancing sustainable agriculture and reducing plastic waste by using the paper cooler for temp
42、erature-sensitive shipments:Innovating for a greener future Play video on YouTubeFeature story2022 Corporate Social Responsibility R integration of PPDAt Thermo Fisher,we have a history of successfully acquiring innovative businesses to strengthen our customer offering and create value for all our s
43、takeholders.We take a thoughtful approach to integration to bring the best of both organizations together and support a smooth transition for all.In 2022,we integrated PPD,which we acquired in 2021,adding clinical research services to our portfolio.By enabling our pharma and biotech customers to acc
44、elerate innovation and increase productivity within the drug development process,we can help them reduce the time and cost of bringing life-changing medicines to patients who need them.Our approach to integration always starts with people.Based on our accumulated experiences,we have an integration p
45、laybook that sets forth our guiding principles:engage our new colleagues in the success of the combined companies,treat people fairly and with respect,and minimize distractions so colleagues can focus on their critical work and serve our customers.For us,mergers and acquisitions(M&A)do not end at in
46、tegrationwe continue to invest in new businesses to drive growth,advance innovation,and create career opportunities to develop and retain our talented colleagues.Less than one year after acquiring PPD,we opened a new state-of-the-art bioanalytical lab in Richmond,Virginia,to support the increasing d
47、emand for consistent,high-quality laboratory services that will accelerate drug development.This facility expands our clinical research operations in the city to 350,000 square feet,making it one of the largest laboratories of its kind in the world.And over the coming three years,we will continue to
48、 invest in the local economy,adding at least 500 new jobs to the team of 1,200 clinical research colleagues we currently employ in Richmond.Our comprehensive integration approach,like all other aspects of how we run our business,is powered by our Practical Process Improvement(PPI)Business System,a d
49、eeply ingrained philosophy of operational excellence and continuous improvement.We regularly assess how acquired businesses are performing in terms of value creation,accelerated revenue and cost synergies,and colleague sentiment and engagement.These reviews are conducted over the short and long term
50、,allowing us to leverage key insights that further refine our integration playbook and strengthen our approach and results for future M&Atransactions.Our brandsOur industry-leading brands enable our customers to push science and technology a step beyond where they are today.Analytical precision and
51、diagnostics excellenceInspiring meaningful genetic analysisAccelerating discovery researchOne-stop access for scientific productsInstrument and enterprise servicesPharma servicesDrug development and clinical trials82022 Corporate Social Responsibility R executionOur Mission is our purpose:to enable
52、our customers to make the world healthier,cleaner and safer.Our teams around the world strive to achieve this Mission every day,and our actions ultimately create an even brighter future for Thermo Fisher and all our stakeholders.Our formula for success starts with our aspirations for the decade ahea
53、d.To achieve our 2030 Vision,focused execution is key.We set a rolling five-year strategic plan that we deliver on through our annual Goal Tree,which represents our priorities for the year.Our work is powered by our PPI Business System,4i Values and the management of our environmental,social and gov
54、ernance(ESG)priorities.Wecontinue to build on our Mission-driven culture through the exceptional talent we attract and develop.Sets our aspirations for the decade aheadRolling 5-year plan to achieve our VisionCompany strategy:Enterprise-level initiativesand capital allocation decisionsBusiness strat
55、egy:Medium/long-term decision making and priorities for our businessesAnnual goals and metrics:Translates strategies to annual commitmentsActivities:Near-term prioritization and implementation cadence5-year strategyAnnual Goal TreeDaily work alignedwith our priorities2030VisionOur Mission4i ValuesPP
56、I Business SystemESGEnablers:Drive colleague engagement and delivery of results TalentOur performanceWe measure our success in several waysnot only by our financial results,but also by being the strongest partner for our customers,providing an excellent work experience for our colleagues,creating su
57、stainable value for our stakeholders and making a positive impact on society.By all these measures,2022 was another exceptional year for Thermo Fisher.Read more about our financial performance in our latest Annual Report on Form 10-K.Complementary segmentsRevenue2018$24.36B20192020 20212022$44.92BAn
58、alytical instrumentsLaboratory products&biopharma servicesSpecialty diagnosticsLife sciences solutions$44.92BRevenue10%47%14%29%92022 Corporate Social Responsibility R Thermo Fisher,our focus on high-impact innovation enables our customers to address some of the worlds greatest challenges.As we deli
59、ver new technologies and services,we help our customers break new ground in their important work.This includes helping them accelerate research so that they can bring life-changing therapies to patients.Today,with rapid advancements in science and technology,there has never been more hope for tackli
60、ng diseases that were once difficult or impossible to treat.Thermo Fisher is proud to be part of this evolution that will greatly benefit society.Helping doctors identify the best treatmentIn the fight against cancer,the tide is turning because there are many promising new therapies emerging based o
61、n the genetic makeup of a persons specific cancer type.Determining the best treatment for a patient based on their individual cancer can make a significant difference in the outcome for that patient.Thats why the development of companion diagnostics with pharma and biotech partners is so groundbreak
62、ingand used increasingly in oncology to provide a personalized approach to treatment.In the past,treatment selection has often been based on clinical best practices for first-line treatment.A doctor might have to try numerous treatment options,with varying efficacy,for their patient and sometimes th
63、e answer comes too late.But today,with advancements in genomic testing technology,an individuals cancer can be analyzed at the molecular level so the patient can be matched to the best treatment option right away.Thats the promise of precision medicine and thats where our companion diagnostics come
64、in.Companion diagnostics provide information that is essential for the safe and effective use of a corresponding drug or biological product.They help healthcare professionals determine whether a particular therapeutic may yield a better outcome for an individual patient based on their cancers genomi
65、c profile,and they can even help doctors match patients to targeted therapies that are sometimes still in clinical trials.In one example,Thermo Fisher is expanding on its ongoing collaboration with AstraZeneca to develop a solid tissue and blood-based companion diagnostic test that seeks to identify
66、 patients with non-small cell lung cancer who may be eligible for treatment with TAGRISSO tablets(osimertinib).The collaboration will leverage our Ion Torrent Oncomine Dx Express Test and our Ion Torrent Genexus Dx System3 to identify tumors that exhibit specific mutations that are indicators for tr
67、eatment with TAGRISSO.Time is of the essence for patients with non-small cell lung cancer,which is often not detected until it is Our partnership with AstraZeneca will help bring targeted oncology treatments to more patients in need of new care options.By leveraging the Genexus Dx Systems unpreceden
68、ted turnaround time,we can help make molecular testing results more readily available to inform vital treatment decisions and get patients on the right treatment,right away.Garret Hampton President of Clinical Next-Generation Sequencing and Oncology at Thermo Fisher Scientificadvanced and has spread
69、 to other parts of the body.For most of these patients,conventional therapies dont always have the desired efficacy.Finding an appropriate targeted therapy can be critical,but sequencing results have historically taken weeks.Together,the Ion Torrent Oncomine Dx Express Test and Ion Torrent Genexus D
70、x System can provide a fully integrated,next-generation sequencing solution that delivers results in as little as 24 hours.2022 Corporate Social Responsibility R a global leader in higher education,collaborative research and pioneering innovation,UC San Diego has a deeply embedded culture of advanci
71、ng scientific discovery to improve the human condition and the planet.Our partnership with Thermo Fisher will enhance existing pathways to develop novel technologies,reduce our carbon footprint and train a more diverse and equitable future workforce.Pradeep K.Khosla Chancellor at the University of C
72、alifornia San DiegoAccelerating research,innovation andequityIn 2022,Thermo Fisher and the University of California(UC)San Diego launched a strategic partnership that will have a positive impact on society.The 10-year relationship is the first of its kind in the life sciences space for both Thermo F
73、isher and the university,and focuses on four key objectives:Establishing a“Technology Sandbox”Collaborating on research Creating a pipeline of diverse talent Developing more sustainable operationsThe Technology Sandbox is a state-of-the-art facility being developed at UC San Diego to expand access t
74、o cutting-edge technologies and expertise and accelerate collaboration,discovery and workforce development.It will serve both students and alumni and is designed to drive innovation in emerging areas of science.Thermo Fisher is providing the instruments for the Technology Sandbox,including cryo-elec
75、tron microscopy,mass spectrometry and genetic and cell analysis instruments,as well as providing financial support for instrument training.In turn,students and researchers at the university will provide feedback and insights as they use these instruments,which will help us continue to improve our pr
76、oducts and further advance technological innovation to better serve our customers.As part of the relationship,we will provide support for various research initiatives and collaborate with UC SanDiego on STEM(science,technology,engineering and math)and community outreach programs and career mentorshi
77、p.This includes continuing an internship program that began in 2021 to build a pipeline of diverse talent for both the Company and the university.Held at our Carlsbad,California site,the six-month program offers UC San Diego students an immersive,hands-on work experience using our technologies.Stude
78、nts gain skills in advanced research methods and applied scientific techniques.Theprogram includes structured mentoring and professional development opportunities,preparing students to become the scientists of tomorrow.In addition,both organizations are working together to advance their mutual susta
79、inability goalsespecially in developing a more sustainable supply chain for research supplies.One example is a pilot program already launched at the university,which leverages the Thermo Scientific ART Pipette Tips recycling program.Through this program,pipette tips,boxes and associated plastic pack
80、aging are recycled rather than entering the waste stream.With the successful completion of this pilot program,Thermo Fisher and UC San Diego are now developing a process to expand the recycling program campus wide and explore other sustainable end-of-life solutions for single-use lab plastics.112022
81、 Corporate Social Responsibility R CSR commitmentCSR strategyAs the world leader in serving science,we understand that we have a unique opportunity and responsibility to use our position to make a positive impact on societynot only by enabling our customers success,but also through our actions as a
82、Company to make the world a better place.Our CSR approach is focused on four key pillarsOperations,Colleagues,Communities and Environment.This strategic framework allows us to effectively manage the environmental,social and governance(ESG)priorities that are fundamental to our business,driving compe
83、titive differentiation,and creating sustainable value for all ourstakeholders.Our CSR strategy supports our long-term success as we continue to create a great place to work for our colleagues,provide high-quality products for our customers,deliver strong returns for our shareholders,make a differenc
84、e in our communities and reduce our impact on the environment.ReportingWe are committed to transparent CSR reporting to foster stakeholder understanding of our priorities and results.To advance our CSR approach and disclosures,we consider internationally recognized reporting standards and reference
85、frameworks.Since 2019,Thermo Fisher has been a signatory to the UN Global Compact,which supports companies in their alignment with the Ten Principles on human rights,labor,environment and anti-corruption.Through our voluntary participation in this community of practice,we continuously improve the wa
86、y we manage ESG risks and impacts,advance our contributions to the UNSustainable Development Goals(SDGs),and report on our progress annually.We also participate in trusted sustainability rating assessments that are relevant to our business and help further validate our progress over time.Those of pa
87、rticular interest to our stakeholders,especially our customers,are the CDP4 and EcoVadis5 ratings.We have participated in CDP for more than 10 years and,in 2022,were recognized for the acceleration of our climate program.Our climate change disclosure received a“B”score or“management”rating,indicatin
88、g that we are taking coordinated action on climate issues.Additionally,we received an“A-”score for supplier engagement,which places us on CDPs leaderboard.Thermo Fisher has been active with EcoVadis for 10 years,participating in an evidence-based rating system across four themes:environment,labor an
89、d human rights,ethics,and sustainable procurement.In 2022,the results of our assessment earned us a silver medal and placed us in the 83rd percentile of all companies assessed globally.For more information on the standards and frameworks that guide our work and a list of the awards and recognitions
90、we proudly received during 2022,see the Awards section and Appendices 1 through 5.EnvironmentInnovating to serve our customers while advancing our net-zero roadmap by2050ColleaguesProviding resources and embracing unique perspectives to reach our full potential as one global teamOperationsLeveraging
91、 our capabilities to support our customers while conducting our business and relationships with integrityCommunitiesMaking a difference worldwide with an emphasis on promoting STEM education and global health equity122022 Corporate Social Responsibility R governanceScott M.SperlingLead Independent D
92、irectorMarc N.CasperChairman,President andCEORuby R.ChandyDirectorNelson J.ChaiChair,Audit CommitteeTyler Jacks,PhDChair,Science and Technology CommitteeC.Martin Harris,MDDirectorJim P.ManziDirectorR.Alexandra(Alex)KeithDirectorLars R.SrensenChair,Nominating and Corporate Governance CommitteeJames C
93、.MullenDirectorDion J.WeislerChair,Compensation CommitteeDeborah SparChair,Strategy and FinanceCommitteeBuilding a bright future for Thermo Fisher and all our stakeholders begins with an intense focus on corporate governance and strong oversight of our global activities.We are guided by our 4i Value
94、s and rigorous ethical standards,taking accountability in all we do to enable our customers success while maintaining the long-term health of our business.Company oversightOur Board of Directors is elected by our shareholders to oversee their interests in the long-term success of the Company.The Nom
95、inating and Corporate Governance Committee seeks to develop a Board that,as a whole,reflects diverse viewpoints,backgrounds,skills,experiences and expertise by considering attributes such as race,gender,ethnicity,age,culture and nationality.The Committee also regularly reviews the desired skills,exp
96、eriences and backgrounds that should be represented on the Board to align with the Companys strategic vision,business and operations.Throughout the year,our Board and its committees oversee operations and Company strategy,which for 2022 focused on navigating a dynamic macroeconomic and geopolitical
97、environment,while accelerating the Companys growth strategy to realize our 2030 Vision.Our Board meetings include regular sessions with business leaders and executives across key corporate functions,including finance,tax,information technology,cybersecurity,risk and human resources,through which the
98、 Board remains informed on the implementation of operational goals,performance and strategies.At regular meetings,the Board also considers drivers of our business execution along with key risks,challenges and opportunities and considers how they relate to the effectiveness of our Company strategy.13
99、2022 Corporate Social Responsibility R oversight and managementThe Board oversees our CSR strategy and key initiatives as an integrated part of the Companys overall strategy and risk management.Certain matters related to CSR are delegated for discussion at the committee level,while other matters spa
100、n multiple functional categories and areas of oversight and are discussed at the full Board level.This focus is reflected in the Companys Corporate Governance Guidelines and committee charters,which the Board recently revised to more expressly highlight its role in the oversight of CSR,including cli
101、mate change-related matters.CSR is foundational to our Company strategy,and our CSR performance is driven by strong leadership that advances our commitments,priorities and cross-functional collaboration to manage ESG risks and opportunities through our daily operations and practices.At Thermo Fisher
102、,we view CSR as everyones responsibility,and it is deeply embedded in our operating model.Board of DirectorsOversees strategic,financial,and execution risks and exposures associated with ouroperations and strategy.Nominating and Corporate Governance CommitteeOversees corporate governance,priorities,
103、risks and external reporting related to CSRmatters,and political spending strategy.Key CSR focus areasCompensation CommitteeOversees risks related to compensation practices,pay for performance(including non-financial ESG strategic targets),and talent management and succession planning ofexecutive of
104、ficers.Audit CommitteeOversees financial reporting,systems and internal controls,cybersecurity,regulatory,compliance and litigation risks,and SEC reporting related to CSR matters.Science and Technology CommitteeAdvises the Board on new and emerging innovations,markets and applications of Company pro
105、ducts,and receives updates on matters involving bioethics and the use ofour technologies.ManagementChairman,president and CEOLeads the Company leadership team,approves CSR strategy and commitments,and monitors Company-wide progress on the management of ESGpriorities.Company leadership teamShares own
106、ership and accountability for delivering on our CSR strategy and presents ourESG priorities,progress and annual global enterprise risk management program to theBoard.Steering CommitteeOversees CSR implementation and includes our chairman,president and CEO,as well as key executives with responsibilit
107、y for functions,businesses and programs critical to advancing our social and environmental commitments,targets and roadmaps.The committee conducts a formal program review at least twice annually.Core teamsShape and execute winning strategies for their specific areas of specialization,directing progr
108、ess throughout the Company so we can achieve our CSR priorities in the most impactful way.Network of practitionersIs a community of subject matter experts that amplify our CSR progress by cascading priorities and messages to drive focus,change and results.Global businesses and colleagues Leverage ou
109、r Practical Process Improvement(PPI)Business System to find a better way every day,contribute innovative ideas and implement initiatives that deliver on our CSRcommitments.142022 Corporate Social Responsibility R engagementWe are committed to creating sustainable value for all our stakeholders.Our r
110、obust stakeholder engagement program includes proactive outreach on a regular basis throughout the year to help us understand our stakeholders evolving interests and expectations as we build strong relationships and mutual understanding of the issues most relevant to the Companys success.These inter
111、actions are invaluable and stakeholder input informs our CSR strategy,which is activelyrefreshed to identify opportunities to create value and minimize risk.The following is a list of key stakeholders with examples of our recurring interactions during 2022.Stakeholders2022 interaction examples6Custo
112、mersExecutive steering committees,subject-specific steering committees,quarterly business reviews,sustainability surveys,EcoVadis assessment and scorecard,supplier days,trade associations and industry groups,trade shows,tendering processes,sales calls and product demonstrations,virtual and in-person
113、 meetings,and group conferencecallsColleaguesEmployee Involvement Survey(EIS),performance management and development process(PMD),Business Resource Groups(BRGs),Community Action Councils(CACs),Company matching gift program,Belonging Week campaign,quarterly town halls,internal newsletters,intranet,in
114、ternal announcements,and recruiting eventsCommunitiesCACs,BRGs and colleague-led volunteering events,philanthropic support though our Thermo Fisher Scientific Fund:The Foundation for Science,impact investments through our sustainable finance strategy,Thermo Fisher site visits,community project site
115、visits,reduced access product pricing for non-governmental organizations,product donations,humanitarian aid,virtual and in-person meetings,and conference callsShareholders,investors and ESG rating agenciesQuarterly earnings calls,Annual Investor Day,Annual Meeting of Shareholders,governance outreach
116、,conferences,non-deal roadshows,perception surveys,sustainability surveys,virtual and in-person meetings,and group conference callsGovernments and regulatorsIn-person meetings with national and regional leaders,hosting dignitaries at our operations,submitting formal comments,virtual meetings,CSR pro
117、gramming and events,policy briefings,and varied trade association engagement(Board roles,subject-specific committees,members)Suppliers and business partnersEcoVadis assessment and scorecard,CDP supply chain engagement,sustainability trainings,supplier business reviews,supplier audits,mentoring small
118、 and diverse suppliers,executive meetings,virtual meetings,and group conference calls152022 Corporate Social Responsibility R assessment7In 2020,we reported the results of an in-depth materiality assessment8.With the help of a third-party consulting firm,we prioritized ESG issues based on their impo
119、rtance to our business success and our stakeholders,using direct stakeholder feedback to address the latter.Our CSR approach includes regularly refreshing our full materiality assessment.Interim analyses allow us to more actively monitor the dynamic global landscape for real-time insights.In 2022,we
120、 initiated an interim materiality assessment leveraging an intelligence solution that enabled a data-driven review of our ESG priorities,risks,impacts,materiality,and benchmarking.The results of our 2022 assessment indicated that the six ESG issues prioritized through our last materiality assessment
121、 continue to be relevant topics for Thermo Fisher.They include the following:innovation,product safety and quality(Operations),diversity and inclusion(Colleagues),talent management(Colleagues),community engagement and development(Communities),and climate change(Environment).The analysis also uncover
122、ed early insights on evolving markets,regulations,and societal and environmental expectationsdetails that will inform our next comprehensive materiality assessment and help shape the future direction of our CSR strategy,commitments and impact.Sustainable financeThermo Fisher designed our Sustainable
123、 Financing Framework to align our sustainability priorities with our funding needs.Our framework is consistent with the International Capital Markets Association(ICMA)2021 Green Bond Principles and the 2021 Social Bond Principles and is based on four core components:use of proceeds,project evaluatio
124、n and selection,management of proceeds,and reporting.The net proceeds raised from the sale of any sustainable financing instrument issuances must align with our framework and be used to finance and/or refinance,in whole or in part,one or more eligible projects subject to ICMAs principles.On November
125、 18,2021,we issued a 550 million sustainability bond in line with our Sustainable Financing Framework.Throughout 2022,we fully allocated the net proceeds of the sustainability bond to social projects,specifically those eligible under the criteria for the COVID-19 response category.Our Sustainability
126、 Bond Report provides details on the allocation process and impact of the investments.162022 Corporate Social Responsibility R 4i Values of Integrity,Intensity,Innovation and Involvement are the foundation of our culture,guiding our behaviors and our colleagues interactions with our customers,suppli
127、ers and partners,communities,and with each other.As the first of these values,Integrity reminds our colleagues to honor commitments,communicate openly and demonstrate the highest ethical standards.Code of ConductOur values are represented in the Thermo Fisher Code of Business Conduct and Ethics(the
128、Code),which defines our expectations for all colleagues to adhere to these practices and comply with all applicable laws and regulations.The Code is translated into 21 languages and covers a broad range of topics,including policies related to conflicts of interest,honest and ethical fair dealing,bri
129、bery and improper payments,insider trading,export control awareness,human rights,privacy matters,and sexual harassment.Standalone policies governing these critical topics are also in place to expand our colleagues understanding,set expectations and provide more detailed guidance on topics such as an
130、ti-corruption&anti-money laundering,antitrust,banking,environmental health&safety,human rights&equal employment opportunity,export/import controls,global data privacy,records management,and more.All directors and colleagues are responsible for certifying annually that they have reviewed and are foll
131、owing the Code.All colleagues undergo annual training on specific Code elements to understand what is expected of them.Reporting a concernEveryone must do their part to honor our values and maintain our high ethical standards.Our Global Ethics Hotline is a confidential incident reporting system mana
132、ged through a third party.It is available to colleagues,customers and other external stakeholders to raise concerns related to any issue,observed or suspected,including a violation of any law,regulation,the Code,or Company policy as well as product,quality,environmental or workplace concerns.Colleag
133、ues also have the option to contact the Companys Legal department.The hotline staff,together with members of our Legal department,review and investigate reports and take appropriate action.Escalation and resolution processes differ depending on the type of issue raised.Any concerns and complaints re
134、lated to accounting or auditing are also reported to the Audit Committee of the Board.We are deeply committed to doing business the right way and strive to provide an environment in which colleagues and other stakeholders feel encouraged to raise issues so we can work to resolve them.Through our ann
135、ual Employee Involvement Survey,we regularly evaluate how empowered our colleagues feel to report concerns,which provides valuable insights that we use to continue cultivating a supportive and transparent reporting culture.Our Global Ethics Hotline allows reports to be made anonymously,and the Compa
136、ny will not discipline,discriminate or retaliate against any colleague who reports a complaint or concern in good faith.For more information on how colleagues are encouraged to and protected when they report issues,please refer to our CSR webpage.Involving colleagues in complianceTo build on robust
137、policies and training,we work to increase our colleagues focus on the importance of compliance during our annual Compliance and Ethics Week.In 2022,a wide range of topics were covered,including data privacy,healthcare compliance,government contracts,anti-bribery and anti-corruption,and global trade
138、compliance.The learning experience included live events at more than 40 sites across the globe with thousands of colleagues participating in town hall sessions,question and answer meetings,and interactive games to reinforce their commitment to integrity and compliance.Feature story99%Ethics and comp
139、liance training completion rate9172022 Corporate Social Responsibility R rightsWe are committed to upholding and respecting human rights for all.Building a brighter future means managing our global operations ethically and with integrity to positively impact the people and communities linked to our
140、business.Guiding principlesThermo Fisher is able to support human rights for all people by conducting business with the highest ethical standards and in compliance with applicable laws and Company policy.We are guided by principles set forth in our Human Rights and Equal Opportunity Policy,which was
141、 updated in 2022 and establishes our standards for business conduct related to respecting human rights and fair labor practices across our global operation.This policy helps us implement our commitment to human rights in alignment with leading international standards,including the UN Universal Decla
142、ration of Human Rights and the International Labour Organization(ILO)Declaration on Fundamental Principles and Rights at Work.As signatories to the UN Global Compact,we are also committed to aligning our corporate strategy with the Ten Principles on human rights,labor,environment and anti-corruption
143、.When differences arise between our standards and legal requirements,we generally apply the stricter standard in compliance with applicable laws.Engaging our stakeholdersThrough our human rights management approach,we engage transparently and collaboratively with our stakeholders to drive the effect
144、iveness of our program.Colleagues:Our Code of Business Conduct and Ethics outlines the expectations for all directors,officers and colleagues of the Company,including compliance with all internal policies such as those governing human rights.Annual certification of compliance with this code is requi
145、red and biannual training enhances our colleagues knowledge of human rights within the context of our business and their role in respecting them.Our procurement colleagues receive additional training on the expectations of our supplier responsibility programs,including those related to labor and hum
146、an rights for our suppliers.Suppliers:Our Supplier Code of Conduct shares our compliance expectations for suppliers and their subcontractors in the areas of ethics,labor,health and safety,environment,and management systems.It is integrated into supply agreements and terms and conditions,and supplier
147、s are expected to share their performance against code expectations at the request ofThermo Fisher.Suppliers must have a training program to educate their workforce to address the expectations outlined in this code and are required to participate in Thermo Fisher trainings,as applicable.Customers an
148、d distribution partners:We provide training,education and resources to helpcustomers,resellers and distributors use ourinstruments and products as designed and to follow global scientific and ethical standards for the responsible selling,or reselling,of our technologies.Should we be alerted to any e
149、thical question or concern in relation to how customers may be using our technologies,the matter is immediately escalated to our Bioethics Committee.Policymakers and influencers:We engage with governments,regulators and non-governmental organizations to contribute to good global policy,such as the r
150、esponsible application of technology and appropriate security protocols and procedures for safeguarding individual privacy rights.Active engagement and feedback from our partners support the continuous improvement of our approach.If,at any time,a stakeholder has a human rights concern,they have the
151、option to contact our Global Ethics Hotline and can submit a report anonymously if desired.Learn more about our hotline inthe previous section.Continuous improvementWith the rapid evolution of technology,societys needs and stakeholder expectations,we continue to strengthen our policies and business
152、processes for identifying,assessing and managing human rights risks.Through the Company policies outlined above,our human rights principles,standards and practices are incorporated into a broader suite of policies,which reinforce one another and are provided in up to 14 languages.We conduct periodic
153、 internal reviews of our systems and controls,participate in human rights peer networks for best practice sharing,and comply with the reporting requirements of laws such as the United Kingdom Modern Slavery Act and Australian Modern Slavery Act.These engagements and disclosures enhance the transpare
154、ncy with which we honor our commitment to uphold and respect human rights.18In addition,our longstanding participation in an independent sustainability assessment by EcoVadis supports us in identifying opportunities to evaluate and address risks related to labor and human rights within our operation
155、 and supply chain.As we make improvements,we also provide our customers with visibility to our performance scorecard through the EcoVadis platform so they can understand and monitor our progress over time.BioethicsAs science advances at an unprecedented pace,we continuously focus on the ethical and
156、social issues that relate to our role in biotechnology and biomedical research.We value the importance of identifying,assessing,tracking,managing and overseeing bioethics matters,policies and practices.Our procedures reflect careful consideration throughout our research,development,manufacturing and
157、 sales and distribution processes to prioritize the safety and efficacy of our products.We strive to operate in a way that is consistent with global best practices and ethical principles,including our Code of Business Conduct and Ethics;the appropriate local,national,regional and international gover
158、ning bodies;and standards found in guidelines for Good Laboratory Practices(GLP),Helsinki International Ethical Guidelines for Biomedical Research Involving Human Subjects and applicable privacy and data protection standards.Bioethics committeeOur bioethics framework is monitored and managed by the
159、Thermo Fisher Bioethics Committee,which is dedicated to the socially responsible use of biotechnology to save or improve lives.The Bioethics Committee is a cross-functional team of senior leaders who report regularly to the chairman,president and CEO.Committee members include our executive vice pres
160、ident,chief medical officer,chief scientific officer,and leaders representing our life sciences,clinical research and diagnostics businesses,as well as legal and communications functions.The committee works to ensure we satisfy transparent,compliant and ethical business practices and standards with
161、unyielding integrity throughout our global operations.This includes defining and articulating our corporate policy and position on current and emerging bioethics topics;considering feedback from colleagues,key opinion leaders in the scientific community,customers and other key stakeholders on our co
162、rporate policies on bioethical issues;and reviewing existing bioethics policies on an ongoing basis,including providing updates to the Science and Technology Committee of the Board.If we receive an ethical question or concern regarding how customers may be using our technologies,the Bioethics Commit
163、tee is immediately engaged.Following an investigation,the committee determines the course of actions to follow in accordance with our values,codes and policies.Examples of past remedial actions have included ceasing the sale of a product to certain customers,engaging with law enforcement and regulat
164、ory authorities,and implementing enhanced safeguards and controls.Additional information on our Bioethics Committee is available on our CSR webpage.19Healthcare Code of ConductThe Thermo Fisher Healthcare Code of Conduct was developed in accordance with the AdvaMed Code of Ethics on Interactions wit
165、h Healthcare Professionals,which is based on the Pharmaceutical Research and Manufacturers of America Code on Interactions with Healthcare Professionals,the MedTech Europe Code of Ethical Business Practice,and other similar guidance.These codes account for the uniqueness of interactions between medi
166、cal device manufacturers and healthcare professionals.Our healthcare compliance program consists of written policies and procedures overseen by compliance officers within each business.Our colleagues receive extensive training and education annually,at a minimum,on relevant topics to remain complian
167、t.The promotion of medical devices and diagnostic products is subject to strict global regulations,including the Food Drug&Cosmetic Act,Anti-Kickback Statute,the Physician Payments Sunshine Act and other international regulations.Our policies require that our sales practices,product descriptions and
168、 marketing practices must always be fair,accurate and consistent with product labeling.We prohibit promoting our products for uses that have not been approved by the appropriate regulatory body,and promotional claims must be based on valid scientific evidence and provide accurate,objective and compl
169、ete information about the product.Customers or suppliers are not prevented from doing business with our competitors as part of our fair-trade practices.Data privacyWe value privacy and the protection of personal data,meaning any information that can directly or indirectly identify an individual.The
170、Thermo Fisher Global Privacy Notice communicates to our stakeholders and third parties how we collect,use and safeguard personal data.Our policies are continuously reviewed based on changes to jurisdictional privacy laws and regulatory guidance,and our colleagues throughout the organization are supp
171、orted in understanding the privacy needs and solutions for their area of the business.We have nine privacy Centers of Excellence(COEs)to implement our strategy and support our businesses in collecting and handling data in a way that protects our colleagues,customers and patients and complies with al
172、l applicable data privacy laws.These COEs oversee privacy for business development,clinical research,contracting,digital and innovation,health data,human resources and marketing.With additional specialization,our COEs help the Company consider privacy matters in all business areas within an evolving
173、landscape.In 2022,we added a Privacy by Design COE to proactively incorporate privacy into the design and operation of IT systems,networked infrastructure and business practices,such as the launch of a product,service,tool or solution.Our enterprise privacy management platform is used to document le
174、gal and compliance activities,including privacy assessments and investigations,contract reviews,individual rights requests,and relevant due diligence on third parties,including vendors.202022 Corporate Social Responsibility R the support of our colleagues vigilance,we continue to strengthen our secu
175、rity measures.Everyone at Thermo Fisher is responsible for safeguarding data and maintaining the trust our customers place in us.Our efforts include ongoing reviews with our suppliers to confirm they are complying with our security standards,as well as collaborating with our customers to develop cap
176、abilities to secure integrated networks.We make significant investments in our global cybersecurity program,designed toprotect the confidentiality,integrity and availability of data and systems within the Companys environment.To best support our business objectives and customer needs,we combine infr
177、astructure and security oversight into a single,comprehensive program,which enables us to work in unison and take a more integrated approach to security and resilience while aligning priorities with better transparency and visibility.We use a risk-based,defense-in-depth approach to identify,protect,
178、detect,respond to and recover from ever-evolving global cyber threats.Recognizing that no single technology,process or business control can effectively prevent or mitigate all risks,we employ multiple technologies and controls,all working independently but as part of a cohesive strategy to minimize
179、risk.Our approach is tested through audits,independent program assessments,penetration testing and other exercises designed to assess effectiveness.In 2019,our corporate cybersecurity program earned an ISO 27001 certificate,a globally recognized standard for information security management systems.T
180、he recertification occurs annually,most recently in December 2022.Cybersecurity is prioritized as a Company-level goal each year.We regularly educate and share best practices with our colleagues to raise awareness of cyber threats through training,including cyber-event simulations and attestation to
181、 our Technology Acceptable Use Policy.In addition,all colleagues are regularly trained and recertified on our policies and applicable data protection laws that govern the confidentiality,use,processing,retention,integrity and disclosure of personal data and promptly report any non-compliance,whether
182、 intentional or inadvertent.In 2022,we added the role of chief product security officer to take a more formalized approach to securing our instruments and devices,including software,at every stage of the product life cycle,to meet the security requirements of our customers andregulators.Our cybersec
183、urity program is led by the Companys vice president and chief information security officer who,along with the senior vice president and chief information officer,provides quarterly updates to the Audit Committee of the Board and annual updates to the full Board.Those updates include information abou
184、t the cybersecurity threat landscape,investments in infrastructure and opportunities to protect and enhance the Companys systems and security of products and operations.Learn more about our commitment to information security here.ISO 27001certification of our corporate cybersecurity program using th
185、e globally recognized standard for information security management systems2022 Corporate Social Responsibility R OperationsOur customers rely on our products,services and expertise as they deliver life-saving therapies to patients,protect our air and water,and keep the public safe.Thats why we striv
186、e to adhere to the highest ethical,quality and safety standards,embedding rigorous practices throughout our operations to ensure our customers can count onus.Wehave a diverse network of suppliers that is expected to uphold our standards and support a more resilient supply chain that delivers greater
187、 sourcing options and competitive pricing.To remain the best possible partner for our customers,we are committed to:QualityEnvironmental,health and safetyResponsible sourcing22Owning quality atevery stepIn 2022,we expanded our Making Quality Personal education program to reach more colleagues global
188、ly.In its second year,the program further elevated the message that quality is everyones responsibility,and it should be part of every aspect of our daily work.An instructor-led session showed colleagues how their roles influence quality and compliance every day and how they can implement the latest
189、 quality tools and techniques.Making Quality Personal amplifies the importance of quality across the Company,and our collective focus results in a better experience for our customers and their patients while driving value for Thermo Fisher.To date,25,000 of our colleagues have participated in thepro
190、gram.Feature story23QualityOur customers rely on our products and services to consistently meet their expectations and requirements,which is why we put quality at the center of all we do.We must always operate with integrity and transparency,meeting the highest quality standards and global regulator
191、y compliance.Our corporate Quality Policy requires that all Thermo Fisher colleagues around the world understand and take personal ownership of quality in their daily work and create a consistent customer experience.Additional corporate procedures,such as corrective and preventive action(CAPA),docum
192、ent retention practices,and competence and awareness training provide minimum performance expectations for our quality management system.All new colleagues are educated on the quality management system and related policies through an onboarding process.We reinforce our commitment to quality through
193、ongoing,required training and internal auditing managed by each of our businesses.Quality management certificationsGiven the diversity of our operations,our sites hold different certifications and registrations where applicable and required by the regulators of the markets where we sell our products
194、.That means that 93%of our eligible sites worldwide adhere to current Good Manufacturing Practices(cGMP)10 and/or are certified to ISO 9001,ISO 13485 quality system standards.Some sites,where applicable,additionally hold an ISO 17025 certification.For a list of certified sites and accompanying stand
195、ard certifications,please visit our CSR webpage.We also expect high quality standards from our suppliers and strive to source from those holding ISO certifications or suppliers who adhere to cGMP where applicable.To enable our customers success in an increasingly competitive global environment,we le
196、verage our Practical Process Improvement(PPI)Business System,a deeply ingrained philosophy of operational excellence that allows us to optimize processes,solve challenges and reduce inefficiencies.Initiated by our colleagues,PPI ensures we work smarter for and deliver greater value to our customers.
197、It empowers all colleagues to find a better way every day,driving productivity and improving product and service quality to strengthen customerallegiance.93%of our eligible sites worldwide adhere to cGMP and/or are certified to ISO 9001,ISO 13485 quality system standardsOur operating discipline2022
198、Corporate Social Responsibility R innovationInnovation is critical to helping our customers succeed.Across our Company,new products are developed within a stage gate design control framework,our product ideation and introduction process.Products are then verified and validated to meet customer expec
199、tations and international standards for quality,performance and safety.Our quality management system tracks all processes to completion according to established procedures,including proper record retention.Products are then registered according to country-specific requirements with the proper govern
200、ment and regulatory authorities.Product testingEmbedded within our business segments,quality control teams oversee product testing at various stages of manufacturing.In-process and end-of-line testing affirms11 that the product,equipment or medicine will perform as expected when it reaches the custo
201、mer.If a defect is detected,the product is put on hold or quarantined until the issue is resolved.In our quality control labs,we conduct sample testing using a recognized statistical sampling approach to confirm a products performance before distribution.Responding to a product issueWhen a customer
202、contacts us with a concern,we immediately enter the complaint into our quality system,which alerts the relevant manufacturing site or business.Within the quality system,the issue is evaluated against regulatory requirements to determine whether authorities must be notified.After determining whether
203、the defect or deviation can be replicated,an investigation determines the root cause and launches a corrective action or countermeasure to prevent the issue from repeating.Committed to transparency,we keep our customers informed throughout the process.242022 Corporate Social Responsibility R contain
204、ed in widely accepted EHS management system standards and practices,such as ISO 14001,ISO 45001 and US OSHAs“Recommended Practices for Safety and Health Programs.”We have adapted and customized our standard for effective integration with the Thermo Fisher corporate governance structure and operating
205、 model.Our EHS-MS in brief1Management support and leadership2Colleague participation3Regulatory compliance4Hazard identification and risk management5Education and training6System evaluation and improvementTo consolidate all operations into one platform and unify us around a single global process,we
206、are introducing a new EHS information software management system throughout our organization.This platform will strengthen corporate oversight through improved reporting,data management and target tracking and will optimize enterprise-wide capabilities to manage trending incidents and corrective act
207、ions.Environmental,health and safetyWe are dedicated to protecting the environment,and the health and safety of our colleagues,customers and the communities where we operate.The Thermo Fisher Environmental,Health and Safety(EHS)Policy outlines our pledge and incorporates the principles of continuous
208、 improvement,sustainability and transparency,and all colleagues are responsible for upholding our EHS values and meeting compliance standards.In 2022,we refreshed our policy to align with our core EHS requirements and to expand on our commitments to environmental sustainability.Environmental,Health
209、and Safety Management System standardOur EHS Management System(EHS-MS)and the involvement of our colleagues helps us maintain a safe work environment.Our EHS-MS is based on the same Prioritizing colleague safetyWe track EHS progress from the Company to site level using two metrics to identify opport
210、unities for improvement,total recordable injury rate(TRIR)and lost-time injury rate(LTIR).These metrics are standard industry rates that measure either the number of injuries resulting in a recordable incident(as defined by US OSHA)or lost workdays,both per 100 workers.Our proactive approach to site
211、 safety and continuous improvement have helped decrease our TRIR by more than one third in the last five years.20212022Lost-time injury rate13 (per 100 workers)0.200.21Total recordable injury rate14 0.450.4341operating facilities ISO 14001 EMS certified by the end of 202212 25EHS leadership Creating
212、 a safe work environment for our colleagues and protecting the environment where we operate is of the utmost importance to us.Thermo Fisher has established an EHS operating model that consists of a network of EHS professionals at the corporate,business,regional and site levels who work together to m
213、eet compliance requirements and drive continuous improvement.As our Company has grown,we have expanded and incorporated the EHS operating model into each business to ensure oversight and support for our global operations.EHS compliance audit programAt the corporate level,we oversee our internal EHS
214、audit compliance program to evaluate site operations for compliance with all applicable environmental,health and safety laws,regulations and other related standards we may adopt and endorse.We leverage our CAPA processes to resolve any non-compliance issues that are discovered.In-person baseline aud
215、its are conducted to assess the operations of any newly acquired business within the first year.In 2022,baseline compliance audits were conducted at manufacturing and laboratory sites for both PeproTech and PPD,which were each acquired in late 2021.Property loss preventionBuilding on our internal EH
216、S audit process,we conduct regular external property/loss prevention audits for all major operating sites.15 These audits help us assess business resilience in the event of fires or natural disasters such as hurricanes,floods,earthquakes or tornadoes.In 2022,we held our first Loss Prevention Summit
217、at the property loss prevention scientific research and product testing facility of our property and business interruption insurance partner.This unique learning environment features 12 different labs devoted to educating visitors about common risks such as fire,ignitable liquid,natural hazards,equi
218、pment malfunction and electrical breakdown.A cross-functional Thermo Fisher team comprised of EHS,engineering and corporate real estate colleagues attended the two-day summit and learned more about the importance of investing in loss prevention strategies and how to manage future risk with the expan
219、sion of our existing facilities and new sites.Another focus of the summit was how to best incorporate environmental sustainability efforts in our facilities without increasing risks to our physical assets.Responsible sourcingFulfilling our Mission requires a large supply base across our global netwo
220、rk.These suppliers provide the services to support our research and development teams and the raw materials,lab equipment,chemicals and other vital goods used across our manufacturing and service network around the world.We have a Supplier Code of Conduct that outlines supplier responsibility expect
221、ations.We also strive for a supply chain that generates economic development in local communities and promotes diversity,which we achieve through our robust Supplier Diversity program.We have an expansive network of direct and indirect suppliers.To optimize the effectiveness of our supplier responsi
222、bility programs,we segment our supplier engagement activities based on contribution to our spend and criticality in delivering products to meet customer demand.420EHS professionals worldwide Operational resilienceOur San Jose,California site,a large manufacturing and R&D location within our chromato
223、graphy and mass spectrometry business,was recognized with Highly Protected Risk status by the property insurance company that collaborates with Thermo Fisher on our global corporate risk management program.Highly Protected Risk status is awarded to facilities that successfully manage property-relate
224、d risks.Our San Jose site was recognized for steps taken to prevent or minimize the occurrence of damage to machinery,equipment and facilities that are essential to our business and our customers.Feature story26Supplier Code of ConductThe Thermo Fisher Supplier Code of Conduct outlines our expectati
225、ons for suppliers/partners and their subcontractors in the areas of ethics,labor,health and safety,environment and management systems,supply chain transparency,product and service innovation,and customer satisfaction.In 2022,we revised our code to include greenhouse gas(GHG)emissions management.This
226、 allows us to work with suppliers in support of our climate objectives by improving GHG measurement,reporting,target setting and reduction.We also reviewed and aligned the code to capture expectations associated with new local laws and regulations.The code is integrated into supply agreements and te
227、rms and conditions,and suppliers are expected to share their performance against code expectations at our request.Supplier risk assessment and monitoringOur risk-based approach to supplier engagement and monitoring allows us to focus our resources on areas with the largest potential impact.Criteria
228、considered in our risk assessment include:Geography in which the supplier operates and inherent environmental,social and governance(ESG)related risk in the region Industry-specific risks,such as those found in mining of 3TG materials(also known as conflict minerals)Previous supplier performance in e
229、nvironmental and social assessments or audits Criticality of supply or strategic nature of the buyer-supplier relationshipWe use the globally recognized EcoVadis16 platform to monitor compliance with our Supplier Code of Conduct and to assess and accelerate improvements in supplier ESG practices aff
230、ecting the environment,labor and human rights,ethics,and sustainable procurement.In 2020,we set a goal to have 80%of direct materials supply assessed through the program by 2025,with suppliers in the program meeting or exceeding the EcoVadis scoring threshold of 45 to demonstrate strong management p
231、ractices.We are on track to achieve this target,demonstrating strong year-over-year growth.In 2022,we extended our use of EcoVadis to the Fisher Scientific channel to engage direct materials suppliers in high-risk regions.We also conduct audits to provide insights into a suppliers adherence to our S
232、upplier Code of Conduct and develop corrective action plans to improve supplier performance,drive continuous improvement and mitigate risk.Our team also engaged third-party auditors to interview colleagues for a series of onsite audits of Fisherbrand suppliers.The audits covered CSR,compliance,ethic
233、al trading,labor regulations and standards,and responsible production practices.20202021202213%31%50%2025 target%assessed for ESG0 80Direct materials spend272022 Corporate Social Responsibility R chain decarbonizationFor Thermo Fisher,over 95%of our value chain emissions are generated outside of our
234、 operations.To address this,our Scope 3 emissions target,which has been validated by the Science Based Targets initiative(SBTi),is to have 90%of our suppliers by spend set climate-related,science-based targets by 2027.In 2022,we invited hundreds of our largest and most emissions-intense suppliers to
235、 participate in the CDP supply chain program17 to share information on their climate goals and progress.We also provided training and hosted meetings with key suppliers to help educate them and grow their understanding of their environmental impacts.As a result,we were able to expand our community o
236、f suppliers who have either set,or committed to set,science-based targets.20212022Suppliers with science-based climate targets186%12%Suppliers committed to set a science-based climate target189%11%We also work with our transportation carriers to identify opportunities for carbon reduction in the shi
237、pment of our products.We have developed a project pipeline for reducing emissions by transitioning eligible air shipments in major lanes to less intensive distribution methods,such as ocean and ground-based transportation.Our first pilot in one of our largest air travel lanes successfully diverted 3
238、7%of the lanes shipment volume from air transport to ocean transport,resulting in an estimated reduction of 5,000 metric tons of carbon dioxide equivalents(MTCO2e).Our full Scope 3 emissions inventory is third-party assured and published in our CDP climate disclosure.In our Purchased Goods and Servi
239、ces and Transportation categories,we are investing in maturing our data systems to further improve our emissions calculations from spend-based,environmentally extended input-output modeled emissions to more granular,activity-based methods in alignment with the Greenhouse GasProtocol.To learn more ab
240、out our emissions reduction efforts,see the Environment section.Supplier diversityBuilding a program with diverse suppliers supports a more resilient supply chain by delivering greater sourcing options,more innovative solutions and access to quality products at competitive prices.We actively build a
241、nd maintain relationships with qualified small businesses as well as veteran-,minority-,LGBT-,disabled-,and women-owned enterprises.19 We establish strong relationships with advocacy organizations and certifying bodies that promote diverse and small business suppliers and participate in events and c
242、onferences to develop a larger network.In 2022,our spend with small and diverse suppliers was$2 billion.As advocates for supplier diversity,we collaborate across our sector to share learnings.This includes informal engagements as well as formal mentoring to help our customers develop more robust sup
243、plier diversity programs and expand opportunities for diverse suppliers.Through mentorship,we help them grow their capabilities and strengthen their competitive positioning in our supply chain.Thermo Fisher is proud to be represented on the board of directors for Diversity Alliance for Science,a non
244、profit organization advancing inclusive procurement practices within the life sciences and healthcare industries.Training and capability buildingAs we continually improve our responsible procurement processes and champion our suppliers sustainability initiatives,we are advancing our education offeri
245、ngs,which nowinclude:Offering a series of nine webinars on supplier responsibility topics,such as GHG emissions,ESG performance ratings and the Supplier Codeof Conduct Launching a new introduction to supplier responsibility training course,which was taken by more than 600 procurement colleagues and
246、is now included in standard onboarding training for new procurement colleagues Continuing internal training on our Supplier Diversity Policy,which reinforces our commitment to supplier diversity and outlines the programs objectives and expectations for our procurement and sourcing specialists Making
247、 webinars available to suppliers through our supplier climate disclosure program in conjunction with CDP Holding webinars related to EcoVadis in local languages;more than 200 suppliers participated in EcoVadis Academy courses in2022 Joining the Sustainable Procurement Pledge,an international,nonprof
248、it organization for procurement professionals,academics and practitioners,driving awareness and knowledge of responsible sourcing practices and empowering people in procurement282022 Corporate Social Responsibility R colleagues are our Companys greatest asset,and they bring their best every day to s
249、erve our customers and communities.As a Company that thrives on innovation,we continue to build a workforce that reflectsthe rich cultural,ethnic and experiential diversity of the world.Our colleagues unique perspectives spark new ideas and make our Company stronger.We prioritize strategies,practice
250、s and processes that allow them to build rewarding careers in a vibrant culture by enhancing:Benefits and well-beingTalent managementDiversity and inclusion 29Our more than 125,00020 Thermo Fisher colleagues are united in fulfilling our Mission and are dedicated to advancing our customers important
251、work to make the world healthier,cleaner and safer.As the world leader in serving science,our success is connected to our ability to attract,develop and retain the brightest talent.Our passionate global teamUS colleague representation2021222022Women2142%50%Women in executive management roles21,2335%
252、37%Women in leadership roles21,24 38%47%Racially and ethnically diverse people2539%39%Racially and ethnically diverse people in executive management roles23,2523%23%Racially and ethnically diverse people in leadership roles24,2530%30%total colleagues127,732AmericasEMEAAPACColleagues by region2252%52
253、%52%33%15%33%15%32%16%MaleFemaleUndisclosedGlobal representation21,2249%57%58%40%2%40%3%46%5%302022 Corporate Social Responsibility R and inclusionOur diversity and inclusion(D&I)strategy is fundamental to who we are,helping to create a culture where everyone shares a sense of belonging.We are commi
254、tted to a fair,equitable and rewarding work experience for all colleagues,and we continue to build an inclusive environment where everyone is empowered to contribute,collaborate and innovate.RepresentationWe are always working to advance diversity within our Company.By the end of 2022,we completed y
255、ear four of our five-year D&I strategic plan,and since 2019,we increased global representation of women in our workforce by 5.9%.In the same timeframe,US representation of women in our colleague population has increased by 8.6%,with an increase of 9.3%for those in executive management roles.Since 20
256、19,US representation of racially and ethnically diverse colleagues has increased by 2.5%overall and by 2.6%for those in executive management roles.Fostering an inclusive organizational cultureDriving inclusion through colleague insightsAsking for our colleagues opinions and listening to their feedba
257、ck is essential to bringing our 4i Values to life and building a culture of belonging and inclusion.Our annual Employee Involvement Survey(EIS)is our most comprehensive listening tool for gauging our strengths and improvement opportunities in three key areas:Involvement Measures colleague engagement
258、 at Thermo Fisher,pride in working for the Company and confidence in our future Leadership and management effectiveness Measures qualities that reflect successful and effective managers,including role modeling our values,being supportive and providing recognition Inclusion Measures the behaviors tha
259、t contribute to a sense of inclusion and well-being,including respecting differences,empowering colleagues and valuing diverse perspectivesEmbracing an inclusive cultureWe continue to invest in our vibrant and inclusive culture so colleagues can share their unique perspectives and bring their best e
260、very day.The truest measure of our progress is the feedback we received directly from our team,including nearly 26,000 colleagues from our new clinical research business who had the opportunity to participate in our annual EIS for the first time.The EIS saw an 85%response rate in 2022.We are also pl
261、eased that our commitment to inclusion continues to be recognized externally,earning top scores once again on the Human Rights Campaigns Corporate Equality Index for LGBTQ+inclusion(8th consecutive year)and on Disability:INs Disability Equality Index(5th consecutive year).Among other awards,Forbes n
262、amed Thermo Fisher one of the Worlds Top Female-Friendly Companies,Americas Best Employers for Veterans,and Best Places to Work for Disability Inclusion.Fostering an inclusive organizational cultureReinforcing infrastructure for inclusive policies&practicesCreating personal accountabilityOur D&I fra
263、meworkOur D&I strategy aligns initiatives,programs and policies to drive organizational and business priorities within a framework of three key pillars that help us track our progress.2022 Corporate Social Responsibility R annually in more than 20 languages and in a mobile-friendly version to all co
264、lleagues globally,the survey measures our progress and provides leadership with insights to improve our colleagues experiences.Survey results influence annual Company-wide goals and shape leader action plans to increase opportunities for engagement and unlock the full potential of our colleagues con
265、tributions.Belonging WeekIn 2022,we brought our teams together virtually from around the world to celebrate Belonging Week,which offers a simple way for our colleagues to connect with our Mission and reinforce how we make a difference when we work together as one team and Company.We offered workshop
266、s,hosted town halls and shared tips and tools to strengthen trust and build colleague networks.As a result of this event,70%of colleagues who participated in Belonging Week reported feeling an increased sense of belonging.Business Resource Groups Another way we foster organizational culture is throu
267、gh our Business Resource Groups(BRGs).Our BRGs provide opportunities for colleagues to develop alongside peers with shared identities and interests,and those who support them as allies.BRGs also advance our Company goals,such as fostering inclusion and belonging,supporting talent and strengthening o
268、ur communities.In 2022,we integrated eight BRGs as part of the acquisition of PPD and rebranded the groups to create one cohesive community.The new emblems highlight the unique identities of each group while further unifying more than 250 chapters across the globe.BRGs also provide our colleagues wi
269、th opportunities for professional development to build their professional and social networks and strengthen engagement.Demonstrating the incredible impact of these groups,colleagues who participate in BRGs rated their feelings of engagement and inclusion at the Company three points higher in the an
270、nual EIS than those colleagues who do notparticipate.Our BRGs9BRGs30countries representedlocal chapters25010th anniversary of our BRGsThrough my participation in the BRG,I was able to initiate conversations that would not have been relevant to my daily work and advocate for changes that could help c
271、olleagues who look like and grew up like me.BRGs have been a surefire way of breaking down silos and creating connections that span various businesses,functions and levels within the organization.Im so thankful for the unique opportunities provided through the BRG which had an indelible impact on my
272、 career here at Thermo Fisher.Michelle Choi Senior Director,Customer Experience atThermo Fisher Scientific322022 Corporate Social Responsibility R infrastructure for inclusive policies and practices Optimizing inclusive hiring To support our colleagues ability to thrive over the long term,we evaluat
273、e our human resources systems and processes to provide all colleagues with equal access and opportunities to develop their careers.As an example,beginning in 2020,as part of an evaluation of our hiring practices,we examined our applicant tracking process and identified ways to help hiring managers e
274、ngage in more inclusive recruiting.We introduced a tool that helps them overcome unconscious bias when writing job descriptions and educated hiring managers on how making simple wording changes can improve the quality and diversity of our applicant pool.We have since standardized these practices,whi
275、ch is transforming our hiring pipeline.Importantly,the conversion rate from applicant to hire has increased by 1.1%for women globally and 4.7%for racially and ethnically diverse people in the US.Addressing pay equity26 We also evaluate our pay practices to ensure our colleagues receive fair,competit
276、ive and equitable pay for their contributions to Thermo Fisher.In 2021,we engaged a third-party firm to launch our first pay equity study,which was completed in 2022.We analyzed data in two ways to gain balanced insights for furthering our D&I progress.By voluntarily increasing the transparency of t
277、hese disclosures,we are reinforcing our commitment to stakeholders and the continuous improvement of our D&Iinitiatives.Adjusted pay equity analysis A pay equity audit of our US non-executive workforce compared the pay of colleague groups who do similar work.The analysis was adjusted by considering
278、factors that are known to influence total pay,such as job title,performance and tenure.By reviewing our US non-executive workforce,the analysis included 99%of our US colleague population and 42%of our global population.Our pay equity analysis27 showed that non-executive colleagues who are women earn
279、ed 98%of the total pay earned by men in similar roles.Racially and ethnically diverse colleagues earned 99%of the total pay earned by White/Caucasian colleagues in similar roles.These first-time results reflect the rigor of our compensation policies and processes,and the results of the analysis will
280、 inform our work going forward.Unadjusted median pay analysis Our unadjusted median pay analysis considered colleague representation across the US and is not affected by other job-related influences.The 2021 analysis gathered total pay amounts for all colleagues,including executives,and identified t
281、he value in the middle of the data setthe medianwithout adjusting for factors like job title,performance or tenure.The difference in the median total pay between two colleague groups is referred to as the median unadjusted pay gap.Our analysis concluded that for US-based colleagues,including executi
282、ves,the median unadjusted pay for women is 91.4%of total pay for men,and the median unadjusted pay for racially and ethnically diverse colleagues is 77.4%of total pay for White/Caucasian colleagues.27 Continuing to execute on our D&I strategy and increasing representation in leadership and executive
283、 management roles will reduce these gaps between the medians.percentage point increase in global applicants who are women and US applicants who are racially and ethnically diverse5.533Based on the insights from this study,we will continue to invest in training,tools and programming to drive ourprogr
284、ess.To ensure colleagues around the world are compensated equitably,we plan to expand our pay equity studies and disclosures globally,beyond the UK,France and Ireland,where we already conduct annual median gender pay gap analyses in compliance with regulatory requirements in those three countries.In
285、 the US,we will complete an analysis of the non-executive workforce in our clinical research business,which was acquired in 2021 after our pay equity study was already underway.Creating personal accountability As one of our 4i Values,Integrity reinforces the importance of being accountable,honoring
286、commitments and communicating openly.All colleagues are expected to look for opportunities to foster greater collaboration and Innovation,another one of our 4i Values.Our senior leaders serve as role models and allies in advocating for our colleagues from historically underrepresented communities.Ma
287、ny members of the Company leadership team serve as BRG executive sponsors and champion their groups,enhancing awareness through calls to action with a heightened focus during BRG spotlight months.Through their involvement,our leaders broaden and deepen their understanding and appreciation of the liv
288、ed experiences of our colleagues,particularly those from diverse backgrounds.These connections help to create more genuine and authentic advocacy on behalf of our colleagues.In 2022,we launched a D&I learning channel and developed an educational journey to activate allyship by raising awareness of t
289、he difference between equality and equity.Colleagues explored how earned and unearned advantages impact access and opportunities and were encouraged to proactively share their experiences with their peers.We provided specific opportunities for colleagues to become allies and to understand how being
290、an ally is tied to our 4i Value of Involvement.Human resources(HR)further supports programs that advance our personal accountability goals,including leading discussions on diversity in our succession planning process and facilitating action planning for implementing colleague feedback thats received
291、 in our annual EIS.Talent managementThe success of Thermo Fisher is fueled by an empowered,adept workforce that embraces our Mission,values and inclusive culture.Our talent strategy ensures we have a skilled global team to support our customers while enabling our colleagues to reach their full poten
292、tial and having long and rewarding careers with our Company.We invest in our talent at all career stagesfrom interns and early career professionals to managers and executive leadersto enhance our colleagues skills and knowledge,providing the opportunities and resources they need to thrive.Leveraging
293、 the power of technology,we create an exceptional colleague experience,from recruitment through ongoing development.Our BRGs represent the diversity of our colleagues around the world,especially their desire to bring our Mission and purpose to life.As a BRG executive sponsor,its my privilege to work
294、 closely with these passionate teams to ask questions,learn from them,understand our challenges and ultimately better leverage the power of diversity to create a Company culture where everyone feels like they belong.Michel Lagarde Executive Vice President and Chief Operating Officer at Thermo Fisher
295、 Scientific 342022 Corporate Social Responsibility R attraction and acquisitionOur colleagues can realize their best personally and professionally,while taking pride in the significant impacts they are making on society.During 2022,more than 26,000 new colleagues28 chose to join the Company.We ident
296、ify,attract and engage top talent with diverse backgrounds and unique skillsets to enable our customers to solve some of the worlds most pressing problems.Our approach to hiring talent to meet the broader goals of the business begins with market data and insights.Our sourcing and talent attraction s
297、trategy is accelerated through the use of talent intelligence and data science to identify diverse candidate slates,gaining a competitive advantage in the hiring process.We also deploy local,market-specific approaches to continuously improve connections with candidates who share our values and will
298、best complement the skills of our global teams.Delivering a seamless experienceWe are committed to delivering a seamless experience for external candidates as well as current colleagues looking for the next chapter in their career at Thermo Fisher.Innovative technology solutions enable automation at
299、 key stages of the hiring process,providing greater transparency and responsiveness to keep candidates informed of their status.This also allows for dedicated personal interaction where it matters most during the candidate journey.Our global career site offers nine robust,regional experiences with l
300、ocalized content that provides prospective colleagues with the most relevant information for their interests and skills,making it easier and faster to find opportunitiesultimately simplifying the application process.Cultivating the next generation of colleaguesBuilding a brighter future for Thermo F
301、isher includes finding the next generation of talent and helping more colleagues establish long-term careers here.We invest in meaningful early talent attraction and acquisition programs for students who will become future scientists,engineers,business leaders and managers.Part of our approach inclu
302、des engaging our Company leaders to identify the skills and roles needed for the future.Early talent and the emergent capabilities they possess help build a talent pipeline prepared to meet tomorrows challenges while offering roles well suited to their expertise.One way we connected with early talen
303、t in 2022 was by piloting a virtual real-time PCR diagnostics simulation provided at no cost to undergraduates around the world.This program allowed students to progress through the curriculum by completing tasks at their own pace.By deploying a virtual program,we democratized access to learning and
304、 expanded awareness of science,technology,engineering and math(STEM)to students globally.Attracting diverse talent Attracting and retaining a workforce that reflects the diversity of our customers and our communities is integral to our talent strategy and allows us to fuel innovation and build a cul
305、ture of belonging.To reach talent of all backgrounds and experience levels,we partner closely with our BRGs.With their support,we engage with diverse organizations to support STEM communities,share career opportunities and activate our diversity hiring strategy.Our network includes National Society
306、of Black Engineers(NSBE);Out in Science,Technology,Engineering,and Mathematics(oSTEM);the US Department of Veterans Affairs;and Society of Women Engineers(SWE).We participate in hiring events,panel discussions and learning sessions and provide services such as resume reviews and mock interviews to p
307、romote learning and development opportunities for individuals from all backgrounds.Distinguished 2022 employer accoladesForbes 2022 Americas Best Employer for New GradsRippleMatch 2022 Campus Forward Award,Enterprise Early Career Programs937students enrolled in virtual STEM simulation pilot43%of stu
308、dents who identified as first-generation college students352022 Corporate Social Responsibility R addition to formal development conversations,Thermo Fisher University,our AI-driven learning platform,is a comprehensive resource for colleagues at all levels to access leadership,management and profess
309、ional development in ways best suited to their learning styles.Content is available through the platform for colleagues to explore on their own.In addition,personalized content is shared proactively with colleagues based on their individual development needs and aspirations.In 2022,we had more than
310、1.8 million colleague visits to Thermo Fisher University.Formal training programsIn addition to individual self-serve training via Thermo Fisher University,we also offer formal management and leadership development programs,including aspiring manager through experienced manager development programs.
311、Multiple leadership and executive development programs are also offered to support individuals as they transition to increasingly complex,higher-impact roles in the Company.These instructor-led programs are designed for participants to learn and practice new skills to successfully implement them in
312、their roles.We offer both open enrollment and nomination-based programs,with special offerings for critical talent.Our programs provide a wide variety of options,from aspiring managers to senior executives,to increase the skills and capabilities of our future and current leaders so they can take the
313、 next career step or further develop in an existing role.Developing our talent Early talentWe believe that investing in early talent is essential to achieving our long-term ambitions.Our full-time,multi-year,formal rotational programs,some of which have been offered for more than 20 years,provide a
314、way for individuals entering the workforce to gain unique and Welcoming new colleaguesOur New Colleague Onboarding program is an immersive,two-way learning journey designed to instill confidence and competence and grounds our new hires in our Mission as they move into their roles.Managers are critic
315、al to the success of the new colleague experience and are given a series of resources and action items,including the development of customized 90-day onboarding plans and an automated process for assigning ambassadors who are available to support a smooth transition into Thermo Fisher.During their f
316、irst 90 days,all new colleagues learn about our culture,processes and policies,as well as how to grow their professional capabilities through a dynamic learning experience.Onboarding content has been expanded in recent years to include new modules on the customer experience,our Practical Process Imp
317、rovement(PPI)Business System,our CSR strategy and more.By equipping new colleagues with the tools they need to be successful,we create a supportive environment for them to quickly begin building their Thermo Fisher careers.Colleagues who join us through the Just Project,our historically Black colleg
318、e or university(HBCU)alumni recruitment initiative for early career and experienced talent,are immediately introduced to our BRGs as this network supports improved retention and transparency to the career development opportunities available.In 2020,we set a goal to hire 500 HBCU alumni by the end of
319、 2023a milestone we achieved one year early.Talent developmentLearning is a continuous journey,and we regularly invest in the development of our colleagues as they grow their careers at Thermo Fisher.Managers,supervisors and HRbusiness partners all take an active role in encouraging all colleagues t
320、o take advantage of these opportunities,especially during the bi-yearly performance management and development process(PMD)when professional development goals are set and discussed.Open enrollmentManagement EssentialsDeveloping Frontline LeadersRole of the LeaderNext-Level Leader programNomination-b
321、asedAspiring General Manager programGeneral Manager Development programOperations Leader Development programR&D Leader Development programDeveloping Emerging LeadersGlobal Leader Development programHighlighted training programsdynamic work experiences supporting critical functions such as operations
322、,quality assurance and regulatory affairs,IT,data science,product engineering and finance.Our global graduate leadership development programs support roles in both general management and HR.We are pleased that many alumni from these programs now hold a variety of roles across the Company,including o
323、n our Company leadership team.362022 Corporate Social Responsibility R talent29Developing our associate talent pipeline is another critical focus area at Thermo Fisher.In partnership with site and HR leaders,we offer virtual and location-based training aimed at strengthening the associate experience
324、 and supplement existing colleague feedback processes with tools that specifically target associates to capture their concerns and experiences.We also invest in developing the managerial effectiveness of colleagues leading our associate population and train them on how to effectively engage associat
325、es in career conversations.Career development workshops are another initiative to help associates plan for future opportunities with Thermo Fisher.Supporting talent mobility Providing our colleagues with a variety of work experiences is one of the most effective ways to help individuals achieve thei
326、r career aspirations.We actively manage our talent through rotations across our businesses,functions and geographies to provide new experiences as well as enable colleagues to share knowledge and broaden their skills.Talent mobility is also a key component of our continuous succession planning proce
327、sses,which leverages workforce data and predictive analytics to create meaningful job rotations for each colleague while benefiting the Company.In 2022,we enhanced our internal talent marketplace to expand access to global opportunities and simplify the process for colleagues to find openings and ap
328、ply.The relaunched platform,MyCareer,provides access to career development resources,peer-to-peer networking,our BRGs and suggested reading to support colleagues as they prepare for their next roles.MyCareer supplements the already robust offerings of Thermo Fisher University,which is regularly refr
329、eshed with new content,tools and templates to support our colleagues and managers in career development and planning.Succession planningBuilding a brighter future requires thoughtful succession planning efforts,and our approach means Thermo Fisher is positioned to continue to thrive under strong lea
330、dership for the long term.Critical role successionA dedicated team actively manages the careers of individuals serving in our most critical roles,including general management,operations,sales,quality,and research and development.By mapping all roles,incumbent talent,and talent pipelines within these
331、 critical capabilities,we begin planning 12 months in advance of potential moves to ensure we have rich talent pipelines and business continuity.In addition,graduates of key development programs such as the Aspiring General Management,General Management,Operations,and R&D Leadership programs are mat
332、ched to vacancies and succession plans for critical roles.Our succession process is comprised of a year-round series of facilitated reviews.A biannual meeting with our CEO,chief operating officer,chief human resources officer,and other senior leaders focuses on succession planning and talent pipelin
333、es.At bi-yearly Company leadership team calibration meetings,the discussion is centered on our most senior talent,their performance and potential,and in monthly management reviews,our chief operating officer,executive vice president and chief human resources officer review top talent and moves under consideration.High-potential talent readinessWe recognize the importance of improving role readines