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LabConnect Releases Its First ESG Report:Building a Foundation for a Sustainable Future

LabConnect is proud to announce the release of its first-ever Environmental, Social, and Governance (ESG) report, marking an important milestone in our journey toward greater transparency, accountability, and sustainable growth. Covering the 2024 reporting year, this baseline report establishes a clear foundation from which we will measure and advance our impact in the years to come.

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Prepared with reference to the GRI Standards (2021) — the world's most widely recognized sustainability reporting framework — the report reflects a comprehensive look at our environmental performance, social responsibility, and governance practices. It includes detailed disclosures on greenhouse gas emissions (Scopes 1, 2, and 3), workforce demographics and pay equity, employee training and development, ethical governance, and more. While this is LabConnect's first ESG report, its breadth and depth already exceed many first-year disclosures across the life sciences industry.

Our mission has always been to support the advancement of human health through high-quality central lab services and functional service provider (FSP) solutions for clinical trials worldwide. ESG principles are a natural extension of that mission — guiding how we operate, how we support our people, and how we contribute to a more sustainable and equitable future.

We thank our employees, partners, and clients for helping us reach this milestone. This is just the beginning — and we're committed to reporting our progress every year as we continue to raise the bar.

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