Novanta’s Corporate Sustainability Committee is comprised of key business leaders, who meet at least quarterly. The Novanta Leadership Team, including the Corporate Officers, is responsible for overseeing Novanta’s ESG strategy, goals, risks and opportunities, and compliance programs. These include, but are not limited to, anti-bribery and anti-corruption, natural resources, waste and toxicity, carbon and climate related risks and opportunities, labor, health and safety, human rights, stakeholders and society, product safety, quality and brand.
The Corporate Sustainability Committee is responsible for the development and definition of Sustainability strategy and goals, establishing the tone, importance, and prioritization for Quality, Sustainability, and Employee Health and Safety programs, and creating a “One Novanta” response to Sustainability requirements and audits. This Corporate Sustainability Committee recognizes and takes into consideration the importance of engaging with all stakeholders.
Finally, Novanta’s Board of Directors monitors and provides oversight to our Corporate Sustainability program through its Environmental, Social and Governance Committee (the “ESG Committee“, formerly, the “Nominating and Corporate Governance Committee”). The ESG committee will also review and report to the full board on Novanta’s policies and programs relating to health, safety, environmental matters, diversity and inclusion, and sustainability.