Our Environmental, Social and
Governance Approach

Novavax is on a mission to protect the health of people everywhere while supporting vaccine access, the environment, our workforce and adhering to the highest governance standards.

Our Environmental, Social and Governance (ESG) Approach at Novavax

We focus our Environmental, Social and Governance (ESG) efforts on increasing access to our products through innovative partnerships and programs, operating our business with the highest standards and transparency; playing our part to operate our business efficiently while seeking to minimize impact on the planet, acting as a champion for diversity, equity, and inclusion, and practicing corporate social responsibility both internally and externally. 

See below to learn about the important steps we have already taken and check back to find out how our efforts evolve.
Access

Maximizing vaccine
access and improving
global health

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Environment

Minimizing our
environmental
impact

Learn more

Diversity

Championing diversity,
equity, and inclusion
in our workforce

Learn more

Governance

Meeting the highest
standards of
governance

Learn more

Access

Access.  Maximizing Vaccine Access and Improving Global Health.
Maximizing vaccine access and improving global health

We innovate through our research and development efforts as well as business and community partnerships aimed at increasing access to vaccines for serious infectious diseases. We support vaccine access and global health through the following initiatives:

  • Focus on vaccines: One of the most effective investments in public health, vaccines are credited with preventing an estimated 6 million deaths annually worldwide.1 As a company focused solely on developing and delivering innovative vaccines to help protect the health of people everywhere, we quickly recognized the opportunity early in 2020 to apply our vaccine platform in vaccines such as hepatitis B, to help bring an end to the global SARS-CoV-2 pandemic.
  • Community partnerships and collaboration: Novavax is committed to using our partnerships across the healthcare industry to understand and address existing barriers to vaccine access around the world. Learn more about how we are driving conversations such as our past involvement in Aspen Ideas: Health and Axios ‘Expert Voices’ roundtable
  • Advocacy efforts: The company supports leading vaccine access champions like the National Health Council, Vaccinate your Families, Blue Star Families, the National Black Nurses Association, and Healthy Women. See an example of our work with Healthy Women.
  • Partnerships to support urgent global health challenges: We take our commitment to global health seriously and have worked with governments and leading non-profit organizations, around the world like the Bill and Melinda Gates Foundation. 
  • Our Matrix-M™ adjuvant is also a component of a late-stage malaria vaccine candidate in development by University of Oxford and Serum Institute of India.  

1Ehreth J. (2003). The global value of vaccination. Vaccine 21 596–600.

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Environment

 

Environment: Minimizing our environmental impact

We operate with a focus on sustainability to help reduce our environmental impact. Key initiatives that showcase how we are working towards this goal:

  • Sustainable raw materials sourcing: Novavax uses sustainable saponin sourcing from the Quillaja Saponaria (Soapbark) tree found native to central Chile and used to produce our Matrix-M™ adjuvant. We source our saponin from a Forest Stewardship Council-certified partner. The bark is sustainably cultivated and responsibly harvested. 
  • Environmentally friendly facilities: We prioritize resource management, greenhouse gas (“GHG”) reduction strategies, carbon-conscious initiatives, water conservation and energy monitoring across multi-use leased and owned facilities. or more information, please see page 39 of our 2022 Annual Report.
  • Enhancing human health and well-being: The company was awarded WELL certifications from the International WELL Building Institute at multiple leased facilities by creating spaces that enhance – rather than hinder – health and well-being. 
  • Make an environmental impact in our communities: Novavax AB is a proud partner of Uppsala:2030, a collective of business leaders, academics and residents of Uppsala, Sweden who are coming together to tackle sustainability challenges together. 

 

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Diversity

 
Diversity: Championing diversity, equity, and inclusion in our workforce and social responsibility to our communities

We build an empowering and diverse work culture, investing in our people to attract and retain the best talent and help SuperNovas achieve their full potential. DEI (Diversity, Equity, and Inclusion) and social responsibility efforts are supported through some of the following:

  • Roadmap for the long term: Embedding diversity, equity and inclusion within our corporate culture is a priority for the company, including development of a multi-year DEI roadmap and strategy. For more information, please see page 33 of our 2022 Annual Report.
  • Foster education and growth and champion social responsibility internally and externally: Novavax hosts an annual SuperNova Women’s Leadership Forum, Executive Development programming to support the development of our employees, and has hired a full-time DEI and Employee Engagement Manager. The company also offers opportunities to give back to the communities in which we work and live in various ways. 
  • Support our talented team: We have built a “One SuperNova” community that is guided by our corporate values and offers our employees tuition and education reimbursement, industry-recognised health and wellness benefits and access to professional coaching. 

 

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Governance

 
Governance: Meeting the highest standards of governance

We operate with a commitment to integrity, transparency, and accountability as we grow. How we govern responsibly:

  • Key governance roles: The addition of key positions support the highest standards of governance and quality, including a  Chief Compliance Officer  who led the development of “The NovaCode,” a robust handbook of written standards and business ethics policies. Our Head of Global Quality Assurance and Quality Control has enabled a focus on building quality control and establishing functions of global technical quality, clinical quality, control systems, and compliance operations. The addition of a Chief Safety Officer accelerated the build out of a robust epidemiology benefit/risk group to better understand safety profiles of different vaccines. 
  • Following industry standards and best practices: The company has amplified efforts to ensure compliance with all government and regulatory agency requirements and industry standards including good laboratory practices (GLP), current good manufacturing practices (cGMP), and good distribution practices (“GDP”). In addition, Novavax maintains robust cybersecurity standards to meet elevated government contracting requirements. 
  • Educate and equip employees: Novavax provides company-wide business ethics guidance and annual training, and has implemented a global hotline for reporting compliance concerns with established internal investigation protocols. 

 

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