Corporate Sustainability
ESG Report 2022

Priority.
Progress.
Novanta.

At Novanta, we deliver innovations that matter. From life-saving surgical technologies to high-tech lasers, Novanta products increase safety, create efficiencies, and improve working conditions. As our world changes and our business grows, we are working on embedding Environment, Social, and Governance (ESG) aspects into our day-to-day activities and operations.

CEO Message

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We believe that being a responsible organization benefits all of our stakeholders—our customers, suppliers, business partners, employees, shareholders, and the communities of which we are a part. ESG is important to us because we have the opportunity, and the responsibility, to not only deliver mission critical innovations but to do so in a way that positively impacts people, communities, and the planet.

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Our Chair and CEO, Matthijs Glastra
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Sustainability at
Novanta Inc.

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As a global leader in key technology solutions, Novanta takes responsibility for the environment and communities in which it operates, and for the people who work for and with the company. We are committed to creating a brighter future through environmental sustainability initiatives, building a diverse, equitable, and inclusive workforce, and maintaining a robust governance system. Our “ESG Report 2022 Priority. Progress. Novanta” details our efforts across these three areas.

Our 2022 ESG Achievements

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In 2022, we continued to increase the scope of our GHG emissions footprint measurement and disclosure. We drove the integration of core principles of environmental sustainability and diversity, equity, and inclusion (DEI) initiatives deeper into our organization. We saw the results of this values-driven approach in revenue growth, new product development, customer and employee satisfaction, and community engagement.

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Environment

We set goals to reduce our environmental footprint

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Social

We are advancing our diversity, equity, and inclusion programs to support our teams and communities

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Governance​

We have embedded ESG in our decision-making

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ESG Metrics and Targets

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The data and content in our annual ESG Report is compiled and shared in reference to two leading global sustainability disclosure frameworks—SASB and TCFD. See our full list of disclosures by clicking below.

Hear from Our Employees

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We believe our culture, The Novanta Way, leads to high performance — employees who feel empowered to contribute to cohesive teams that are engaged and aligned around our vision and strategy, and who live our values and drive performance, utilizing a common set of tools and techniques. Hear what some of our employees have to say about their experience at Novanta.

10
Employees
10 %
Women
$ 10
Million Revenue
2000
Climate Neutrality by
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A Message from Our CEO

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