Skip to content
Medical Health Aged Care

Fortrea Releases Inaugural Corporate Social Responsibility Report

Fortrea Holdings Inc 3 mins read

DURHAM, N.C., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced the release of the company’s inaugural Corporate Social Responsibility report, “Fortrea for Better.”

Available for download on Fortrea.com, the report describes Fortrea’s environmental, social and governance (ESG) activities, reported across four distinct sections:

  • Fortrea for Life: Responsible Environmental Practices
  • Fortrea for All: Responsible People Practices
  • Fortrea for Good: Responsible Societal Practices
  • Fortrea for Integrity: Responsible Governance Practices

“’Fortrea for Better’ reflects our dedication to minimizing our environmental impact, supporting our employees and the communities where we work, and following ethical governance practices in everything we do,” said Sandy Kennedy, chief quality, regulatory affairs and sustainability officer, who also chairs the company’s ESG Steering Committee.

The report details Fortrea’s first-year accomplishments as an independent public company. In one example, an old mail-order warehouse in the UK was refurbished into a 100-bed clinic with space for 300 employees. The site was recognized with an environmental certification based on performance in energy conservation, material usage, water consumption and waste disposal.

Another area of focus is the company’s Employee Resource Groups (ERGs), which are voluntary, employee-led groups of individuals who identify with historically marginalized communities and share common interests or experiences. They are designed to help members feel welcome and comfortable to have open discussions in a safe environment. There are presently eight ERGs at Fortrea, with almost 4,000 active members.

Fortrea’s CSR report also outlines the company’s future ESG roadmap, a multi-year process that includes an established agenda, oversight and reporting. Fortrea has joined the United Nations Global Compact Initiative and committed to the Science Based Targets Initiative. Chairman and CEO Tom Pike has joined more than 2,500 CEOs pledging to support DEI as signatories of the CEO Action for Diversity & Inclusion™. Further, Fortrea recently made its inaugural submission to EcoVadis, a globally trusted provider of business sustainability ratings, and is developing its first environmental report for CDP, a not-for-profit charity that runs a disclosure system for environmental impact. Based on its achievements and commitments to date, Fortrea is well positioned to meet the required reporting regulations expected in 2026.

“I am very proud of the progress we’ve made in a relatively short period of time,” said Tom Pike in his introduction to the report. “It is a testament to the dedication of our employees who have embraced our new culture with enthusiasm.”

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in about 100 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter).

Fortrea Contacts:

Hima Inguva (Investors) – 877-495-0816, hima.inguva@fortrea.com
Sue Zaranek (Media) – 919-943-5422, media@fortrea.com
Kate Dillon (Media) – 646-818-9115, kdillon@prosek.com


Primary Logo

More from this category

  • Medical Health Aged Care, Women
  • 11/02/2025
  • 07:10
Breast Cancer Network Australia

Australian women denied knowledge of BREAST DENSITY and their increased breast cancer risk

11th February 2025 Fact: Approximately 10% of women have high breast density, which significantly increases the risk of developing breast cancer and impacts the effectiveness of detecting breast cancer through 2D mammography. Despite this, thousands of Australian women are being denied this important information due to the absence of national reporting standards and a lack of software in publicly funded screening services that can effectively measure breast density. Western Australia and South Australia routinely notify women of their breast density. Queensland is currently conducting trials, Victoria is expected to report breast density to all clients by early 2025 and New…

  • Medical Health Aged Care
  • 11/02/2025
  • 06:05
Royal Australian College of GPs

RACGP launches plan for more GPs and lower fees: to halve out-of-pocket costs, increase bulk billing

The Royal Australian College of GPs is urging all political parties to support its plan to ensure access to affordable GP care for everyone in Australia. The plan will halve out-of-pocket costs, deliver 6.2 million more bulk billed consults each year, and get more specialist GPs training in communities. Australia’s peak body for general practice and GP training with over 50,000 members, the RACGP is launching its plan for accessible and affordable GP care at Parliament House today. Independently verified analysis shows it will: get the bulk billing rate back to 85% for those who need it most, creating 6.2…

  • Medical Health Aged Care
  • 11/02/2025
  • 01:11
AGFA HealthCare

An Incredible KLAS Triple-Award Win for AGFA HealthCare!

MORTSEL, BE / ACCESS Newswire / February 10, 2025 / AGFA HealthCare proudly celebrates a remarkable KLAS triple-win, securing two #1 Best in KLAS Awards for XERO® Viewer and VNA, alongside the KLAS Most Improved Software Product for 2025."To receive a KLAS Award is one of the most notable wins for AGFA HealthCare, and a testament to the hard work we invest into our flagship platform. More importantly, it reflects the trust and recognition from our customers. Their success is our success, and to receive two such awards is simply breathtaking." - Nathalie McCaughley, President, AGFA HealthCareThe Best in KLAS…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.