At HighRes Biosolutions, our commitment to sustainability is central to our mission of advancing human health through lab automation. We understand the responsibility we hold in minimizing our environmental footprint and continuously strive to develop innovative ways to reduce our impact on the planet. Over the past few years, we have made meaningful progress on our sustainability journey, and we remain dedicated to expanding these efforts for a healthier, more sustainable future.
In 2022, HighRes was certified Carbon Neutral by Climate Impact Partners, a leading certification authority for environmental programs. This certification reflects our comprehensive approach to reducing and offsetting carbon emissions across various areas of our business, including manufacturing, site operations, and transportation. Our net carbon emissions for the year were zero, thanks to meticulous efforts in managing energy for our facilities, vehicles, and equipment, as well as minimizing emissions from business travel and material sourcing for our products. We are proud to have reached this important milestone, a testament to the hard work of our sustainability, facilities, and management teams, and we are committed to building on this success.
A key part of our carbon neutrality strategy involves investing in verified carbon offset projects through CarbonNeutral. These projects support reforestation and renewable energy initiatives worldwide, such as the Degraded Grasslands Afforestation project in Uruguay. This project not only sequesters carbon through tree planting but also creates new jobs and preserves existing agricultural land. Certified by the Forest Stewardship Council (FSC), it balances sustainable timber production with habitat conservation. We ensure that all credits adhere to standards set by the International Carbon Reduction and Offset Alliance (ICROA), underscoring our commitment to responsible carbon offset practices.
HighRes is committed to expanding the scope of our sustainability practices. We are actively working to gather more precise data from our supply chain to better understand the upstream and downstream impacts of our operations. Additionally, we align our emissions reduction goals with the CDP Science-Based Targets Initiative (SBTi), and we are dedicated to transparency in sustainability reporting through Scope 5 Sustainability Reporting and EcoVadis compliance. Collaborating with partners in the life sciences industry, we are also ensuring we meet the highest standards of environmental and social governance expected of our suppliers.
At HighRes, sustainability is an ongoing commitment. By continuously seeking new ways to reduce our consumption, manage waste, and improve efficiency, we are dedicated to leaving a positive legacy for future generations. Together, we can create a healthier world.