Clarivate Publishes Sustainability Report for 2022

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Third annual report demonstrates how Clarivate is advancing towards the United Nations SDGs in partnership with customers

LONDON, May 18, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today published its third annual sustainability report. The report demonstrates how Clarivate™ is advancing in the areas of Environment, Social and Governance (ESG), especially towards the United Nations Sustainability Goals in partnership with its customers.

In 2022, Clarivate made notable progress by reaching the 90^th percentile in the S&P Corporate Sustainability Assessment (CSA) for the Professional Services industry, increasing its score from 11 to 56 within just two years. For 2023, Clarivate has set ambitious goals to increase its S&P CSA score from 56 to 62, set a science-based target by the end of 2024 and become net-zero for all known and measurable emissions before the end of 2040.

Jonathan Gear, CEO said: "Sustainability is at the heart of our business goals and we are making it fundamental to decision making across the company. We have created an interconnected, shared purpose and a strong operating philosophy that guides the actions of our leadership and colleagues around the globe.

"This report shows how far we have progressed, from improving our own performance to helping our customers find a strategic way to achieve their own sustainability goals. We aim to build a lasting legacy by supporting the world's explorers, researchers and innovators to help people and our planet for years to come."

Some of the key findings in the 2022 report include:

• 46% of Clarivate revenue is aligned with UN SDGs
• 55% of companies ranked in Dow Jones Sustainability Index World Index 2022 work in partnership with Clarivate
• Clarivate supports 81m+ patients through chronic diseases by improving understanding of their medicines
• 130m+ students use Clarivate solutions to enhance their learning and research experience
• 7.4m+ citations in the Web of Science™ are related to SDG research areas
• Clarivate supported 80+ health technology assessments over the last three years, expediting the approval of life-changing drugs
• 2.7m+ inventions in the Derwent World Patent Index™ relate to green energy technologies
• 26k+ public and academic libraries rely on our solutions to deliver quality education
• 48/50 of the top R&D companies work with us to accelerate innovation

Clarivate continues to provide 40 hours of paid volunteer time off for all colleagues to make a positive impact in their communities, and in 2022 Clarivate colleagues volunteered more than 25,000 hours around the world.  

Liliana Hinderman, Vice President, Chief Risk and Sustainability Officer said: "We are encouraged and proud of the progress we have made to map our products and solutions to the United Nations Sustainable Development Goals, and we are focused on making these part our culture, aligning our mission and strategy to continue growing our global impact on SDGs worldwide. To keep us on track and demonstrate our commitment to ESG, we have set ambitious targets for our business in 2023 and beyond." 

The report outlines significant progress towards quantifying contributions and mapping solutions to the 17 United Nations Sustainable Development Goals through a 'materiality mapping' exercise. This initiative provides a clear view of the current state of sustainability efforts at Clarivate, including specific case studies and customer stories. It identifies four key focus areas where the company makes the biggest impact today – SDG 3: Good health and well-being, SDG 4: Quality education, SDG 9: Industry, innovation and infrastructure, and SDG 12: Responsible consumption and production.

Read the full report here.

Notes:

Clarivate is part of the global community of business leaders who are signatories to the United Nations Global Compact, United Nations Women's Empowerment Principles, CEO Action on Diversity and Inclusion, the Stonewall Transgender Rights are Human Rights campaign and Science-Based Targets initiative.

About Clarivate

Clarivate™ is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Our subscription and technology-based solutions are coupled with deep domain expertise and cover the areas of Academia & Government, Life Sciences & Healthcare and Intellectual Property. For more information, please visit clarivate.com.

Forward-Looking Statements

This communication contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management's current views concerning future business, events, trends, contingencies, financial performance, or financial condition, appear at various places in this communication and may use words like "aim," "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "forecast," "future," "goal," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "see," "seek," "should," "strategy," "strive," "target," "will," and "would" and similar expressions, and variations or negatives of these words. Instead, they are based only on management's current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include those factors discussed under the caption "Risk Factors" in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission ("SEC"). However, those factors should not be considered to be a complete statement of all potential risks and uncertainties. Additional risks and uncertainties not known to us or that we currently deem immaterial may also impair our business operations. Forward-looking statements are based only on information currently available to our management and speak only as of the date of this communication. We do not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Please consult our public filings with the SEC or on our website at www.clarivate.com.

SOURCE Clarivate Plc