Corporate responsibility
Pursuing our Purpose for long-term value creation and positive impact on a global scale.
Our Purpose
Everything we do is guided by our commitment to create exceptional long-term value
by enhancing the health and well-being of pets, people, and livestock
At IDEXX, we are committed to creating a positive and lasting impact for people, animals, and the environment. We are driven by our Purpose to innovate and enhance health and well-being on a global scale.
Through our innovations, we deliver insights and solutions that support longer, fuller lives for pets and improve efficiency for our customers. We make access to clean water a reality for millions of people globally, and our livestock diagnostics help to monitor the health of heard and flock animals.
Our corporate responsibility efforts are an integral part of our business strategy. We are dedicated to building and sustaining a collaborative, ethical culture that values diversity, equity, and inclusion. We aim to foster an environment that respects people and communities across our entire value chain. We seek to lead responsibly, sustainably, and ethically to create long-term value and a lasting, positive impact on a global scale and build a healthier future for all.
Our Corporate Responsibility framework
IDEXX's Corporate Responsibility framework aligns our goals and initiatives with our long-term business strategy and Purpose. The framework’s three key pillars are focused on the environmental and social topics most material to our stakeholders and business, underpinned by strong governance, policies, and systems infrastructure.
The care we advance
We focus on scientific innovation to ensure longer, fuller lives for pets and drive meaningful improvements in animal, human, and environmental health. We foster thriving communities where the human-animal bond can flourish.
The people we support
IDEXX strives to foster a collaborative and inclusive workplace that empowers employees to develop and grow and find purpose and fulfillment in all they do. We build our culture by respecting people and communities across our value chain.
The planet we share
Through innovation and continuous improvement, we are laying the groundwork for long-term impact reduction and remain committed to reducing our environmental footprint.
Governance, policies, and systems infrastructure
Aligned with our Purpose and Guiding Principles, we aim to lead responsibly and ethically: ensuring transparency, integrity, and accountability are at the center of everything we do at IDEXX.
Strong governance, policies, and systems infrastructure are foundational elements for prioritization of our Corporate Responsibility goals and initiatives in alignment with our long-term business strategy and Purpose.
The IDEXX Foundation
IDEXX Foundation initiatives are integrated across our Corporate Responsibility framework and demonstrate our commitment to creating a positive and lasting impact for people, animals, and the environment.
The care we advance
IDEXX is committed to bringing clarity to a complex world of veterinary medicine through innovative diagnostic and software solutions. We focus on scientific innovation to support longer, fuller lives for pets; drive meaningful improvements in animal, human, and environmental health; and foster thriving communities where the human-animal bond can flourish. We advance care across four priority areas:
- Innovation to advance patient care
- Innovation to support veterinary teams' capacity and well‑being
- Access to improve animal, human, and environmental health
- Product quality and safety
The care we advance
Goals
Expand access to care for >500,000 animals in underserved communities by 2025 through our global social initiatives1-4
Expand access to mental health and well-being support for veterinary students and veterinary professionals around the world though our global social initiatives1,2
The people we support
As our industry evolves, IDEXX strives to foster a collaborative and inclusive workplace where employees are provided with deeper meaning and fulfillment in their work. We want our employees to feel engaged, supported in their development, and comfortable to be their authentic selves. We aim to advance in this endeavor together with our entire value chain by working with like-minded suppliers that share our vision for a better world. We support people across four priority areas:
- Talent and culture
- Diversity, equity, and inclusion
- Health, safety, and well-being
- Supply chain management and human rights
The people we support
Goals
Maintain gender balance5 in global management,6 which serves as a pipeline for global senior leaders,7 and ensure programs are in place to support career advancement opportunities for women across the enterprise8,9
Increase representation of underrepresented groups10 in U.S. management6 to 33% by 20301
Continue to provide career opportunities for women in STEM roles globally1,9,11
Conduct a human rights risk assessment in 20231,4
Increase annual global employee volunteering to 15,000 hours by 20251,4
The planet we share
In pursuit of our environmental goals, we have completed initiatives and started multiyear projects to address greenhouse gas (GHG) emissions, improve environmental data, and reduce plastic in our products and packaging, laying the groundwork for long-term impact reduction. Our environmental initiatives focus on:
- Climate mitigation, adaptation, and resilience
- Circular economy and product stewardship
- Sustainable packaging and transportation
- Responsible internal waste and water use
The planet we share
Goals
Reduce our operational greenhouse gas (GHG) emissions (Scope 1 & 2) by 37.8% by 20301,12
Source 100% renewable electricity by 20301
Advance understanding of our Scope 3 GHG emissions1,13
Integrate sustainability considerations as required criteria for new product development and design1
Reduce the amount of plastic and other material waste from current products and packaging1
Corporate Responsibility reporting
Corporate responsibility reports
Framework indexes
Sustainable Accounting Standards Board (SASB)
Task Force on Climate-Related Financial Disclosure (TCFD)
SEC filings
DEI data
Equal Employment Opportunity (EEO) Disclosure
Gender pay gap reports
France Gender Pay Gap Report/Index d’égalité entre les femmes et les hommes
Australia Workplace Gender Equality Report
Select IDEXX in Employer Results
Conflict minerals
Form SD and Conflict Minerals Report
Modern Slavery
Governance, policies, and systems infrastructure
Polices and Resources
Our Corporate Responsibility framework is built on a foundation of strong governance. Our key environmental, social, and governance policies and related resources can be accessed below.
Code of Ethics
Commitment Statement to Diversity, Equity, and Inclusion
Conflict Minerals Policy
Corporate Governance Guidelines
Equal Employment Opportunity Statement
Ethics Hotline
Global Anti-Bribery and Corruption Policy
Global Whistleblower Policy
Global Privacy Policy
Pay Equity Statement
Policy on Political Contributions and Public Policy Engagement
Quality and Management System Response
Supplier Code of Conduct
Supplier Resource Center
Transparency in Coverage—MRF
UK Tax Strategy
- Goal as stated in our 2021 Corporate Responsibility Report.
- Global social initiatives include recommended grants from the IDEXX Foundation and contributions from corporate lines of business.
- Impact metric relies on data provided by organizations outside of IDEXX.
- Goal completed as of 2023 reporting period.
- Gender balance refers to the equitable representation of women and men between the range of 45% to 55%.
- Employees in people leadership roles (all levels).
- Global Senior Leaders are employees in compensation grades considered Director or above.
- Goal as stated in our 2021 Corporate Responsibility Report, with additional clarity added in our 2022 Corporate Responsibility Report.
- Data regarding gender are based on self-identification by our global employees and use gender categories that align with U.S. government reporting requirements.
- Based on self-identification by our U.S. employees. The term "underrepresented groups" is defined as African American/Black, Asian, Hispanic/Latinx, American Indian/Alaska Native, Native Hawaiian/Other Pacific Islander, and two or more races, and/or a veteran, and/or member of the LGBTQIA+ community, and/or having a disability.
- Includes STEM professional and technical support roles in computer and math (e.g., software developers), engineering (e.g., process engineers), physical and life sciences (e.g., senior scientists); veterinary professionals (e.g., clinical pathologists, professional services veterinarians, or medical laboratory technicians); and STEM managerial roles (e.g., laboratory managers).
- Emissions target is based on 2021 data as a baseline.
- Continuing to leverage initial Scope 3 screenings to gather a more complete picture of value chain emissions and opportunities to reduce our impact.
Note: Inclusion of information on (or linked from) this web page is not an indication that the subject or information is required to be disclosed in our filings with the U.S. Securities and Exchange Commission (SEC). Materiality, as used on this web page, is distinct from, and should not be confused with, such term as defined for SEC reporting purposes, and the information included on (or linked from), and any environmental, social or governance matters identified as material for purposes of, this web page may not be considered material for SEC reporting purposes.