Sight Sciences Announces the Release of its First Sustainability Report
June 10 2024 - 4:05PM
Sight Sciences, Inc. (Nasdaq: SGHT) (“Sight Sciences,” or the
“Company”), an eyecare technology company focused on developing and
commercializing innovative, interventional technologies that
elevate the standard of care, announced today that it has published
its first Sustainability Report, highlighting the Company’s
sustainability activities, performance, and results from the last
three years.
“We are proud to issue our first annual Sustainability Report,
showing our commitment to corporate sustainability initiatives and
enhanced disclosures,” stated Paul Badawi, co-founder and Chief
Executive Officer of Sight Sciences. He continued, “While we are
still early in our sustainability journey, we believe it is
important to embrace sustainable, responsible business practices as
we deliver on our mission to develop transformative, interventional
technologies that allow eyecare providers to procedurally elevate
the standards of care – empowering people to keep seeing.”
The Sustainability Report includes:
Environmental Initiatives: Details of Sight
Sciences’ efforts to reduce its environmental footprint through
energy efficiency, waste reduction, and sustainable practices,
including reporting on our supplier standards and ethical research
and development measures.
Social Responsibility: Insights into Sight
Sciences’ initiatives to support community engagement, diversity,
equity, and inclusion, and employee well-being, including reporting
on employee diversity and equity measures, health and safety
measures, and voluntary employee turnover.
Governance Practices: Disclosure of Sight
Sciences’ governance framework, ethical standards, and commitment
to transparency and accountability, including reporting on
information security breaches.
Key Highlights from the Sustainability
Report:
- From 2021 through 2023, we supported
25 indigent care programs in over 10 countries.
- As of December 31, 2023, we employed
214 people worldwide, with nearly 50% of our workforce comprised of
women.
- In 2023, we launched a Women in
Leadership initiative to encourage, support, and empower women to
take on leadership roles.
- As of December 31, 2023, four of our
eight board members are women, and we are committed to having no
less than 40% female representation on the board.
- We have adopted a Stock Ownership
Policy applicable to our executive officers and non-employee
directors that is intended to align the interests of our executive
officers and directors with those of our stockholders.
- To reduce our impact on the
environment, in the first quarter of 2023 we reduced our use of
weekly air freight shipments and consolidated shipping to fewer
monthly or bimonthly shipments using sea freight.
For additional information and highlights, please see the full
Sustainability Report, which can be found here. All Environmental,
Social, and Governance (“ESG”) practices are overseen by the
Company’s Nominating and Corporate Governance committee.
About Sight Sciences
Sight Sciences is an eyecare technology company focused on
developing and commercializing innovative and interventional
solutions intended to transform care and improve patients’ lives.
Using minimally invasive or non-invasive approaches to target the
underlying causes of the world’s most prevalent eye diseases, Sight
Sciences seeks to create more effective treatment paradigms that
enhance patient care and supplant conventional outdated approaches.
Glaucoma is the world’s leading cause of irreversible blindness,
and the Company’s OMNI® Surgical System is an implant-free glaucoma
surgery technology (i) indicated in the United States to reduce
intraocular pressure in adult patients with primary open-angle
glaucoma; and (ii) CE-marked for the catheterization and
transluminal viscodilation of Schlemm’s canal and cutting of the
trabecular meshwork to reduce intraocular pressure in adult
patients with open-angle glaucoma. The SION® Surgical Instrument is
a bladeless, manually operated device used in ophthalmic surgical
procedures to excise trabecular meshwork. The Company’s TearCare®
System is 510(k) cleared in the United States for the application
of localized heat therapy in adult patients with evaporative dry
eye disease due to meibomian gland dysfunction (“MGD”), when used
in conjunction with manual expression of the meibomian glands,
enabling clearance of gland obstructions by physicians to address
the leading cause of dry eye disease. Visit www.sightsciences.com
for more information.
Sight Sciences and TearCare are trademarks of Sight Sciences
registered in the United States. OMNI and SION are trademarks of
Sight Sciences registered in the United States, European Union and
other territories.
© 2024 Sight Sciences. All rights reserved.
Media contact:pr@SightSciences.com
Investor contact:Philip TaylorGilmartin
Group415.937.5406Investor.Relations@Sightsciences.com
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