The report provides an overview of ICON’s ESG activities in 2022 and the progress it has made in advancing its ESG priorities. These priorities include advancing public health and delivering increased access to clinical trials, providing a diverse and inclusive workplace with continuous opportunities for professional development and conducting business sustainably.
In recognition of progress made in its ESG efforts, in 2022, ICON was awarded a silver medal by
On the publication of the report, Dr
Advancing public health and increased access to clinical trials
ICON has focused on creating a strong foundation that enables the execution of new and innovative methods for meeting patient needs and advancing public health. It is focusing its innovation efforts in three critical areas - improving clinical trial design and execution, enabling faster and more predictable patient recruitment, and evolving clinical trials to be more patient-centric.
Examples of activities in 2022 in this regard include:
- ICON released a major artificial intelligence enhancement to its proprietary OneSearch tool, which identifies the best sites for a trial opportunity. The results include significantly improved study start-up and site cycle times.
- In partnership with Veradigm, a health information technology, analytics and intervention solutions company, ICON created an electronic health records-based clinical research network. The partnership enables clinical research as a care option, which can help reach more diverse populations, increase recruitment rates and accelerate time-to-market for new therapies.
An inclusive workplace with continuous access to professional development
ICON continued its focus on building a diverse and inclusive workforce that provides professional advancement and career opportunities for its people. As an example of progress in this regard, in 2022, 59% of all promotions at VP level and above were female, bringing the total number of females at the VP level and above to 42%. This is important progress toward its goal to achieve gender parity at the VP level and above by 2025.
Conducting business sustainably
ICON is actively managing its environmental impact across its global business. Progress made in 2022 included:
- 61.7% of electricity consumed in 2022 came from renewable sources
- ICON’s combined Scope 1 and 2 GHG emissions decreased by 23.5% since 2018 and 10% since 2021
- 10% reduction in kilowatt hours of electricity since 2018
The report also outlines how ICON supports communities through corporate giving programs, employee volunteering opportunities and industry–academia partnerships. The company has aligned its efforts to the United Nations Sustainable Development Goals and its organisational goals of diversity, inclusion and belonging.
In 2022, ICON created a new scholarship program to provide greater opportunities for underrepresented groups to study STEM subjects. For the 2022/2023 academic year, ICON is funding 33 scholarships for STEM course students in partnership with three universities in
For further information about ICON’s ESG efforts, please visit www.iconplc.com/about/esg/.
This press release contains forward-looking statements, including statements about our financial guidance. These statements are based on management's current expectations and information currently available, including current economic and industry conditions. These statements are not guarantees of future performance or actual results, and actual results, developments and business decisions may differ from those stated in this press release. The forward-looking statements are subject to future events, risks, uncertainties and other factors that could cause actual results to differ materially from those projected in the statements, including, but not limited to, the ability to enter into new contracts, maintain client relationships, manage the opening of new offices and offering of new services, the integration of new business mergers and acquisitions, the impact of COVID-19 on our business, as well as other economic and global market conditions and other risks and uncertainties detailed from time to time in
Corporate Communications, ICON
+353 87 4066091
Weber Shandwick (PR adviser)
+44 7785 458203
Vice President Investor Relations, ICON