CRL Charles River Laboratories International Inc.

Charles River Laboratories Achieves 90% Renewable Electricity Globally, Announces Progress on Environmental Goals

Charles River Laboratories International, Inc. (NYSE: CRL) today announced that, while working toward previously announced environmental goals, the Company has achieved 90 percent renewable electricity globally. This progress is a result of virtual power purchase agreements (VPPAs) in North America (solar) and Europe (wind) that are anticipated to ultimately supply all facilities in those regions with 100 percent renewable electricity.

The went into effect at the end of 2022, with the coming online in August 2023. Utilizing renewable electricity is a key component of the Company’s efforts to reduce greenhouse gas (GHG) emissions from facilities (Scope 1 & 2 emissions). Charles River is expecting to meet the goal for achieving 100 percent renewable electricity globally by 2025, five years earlier than originally projected. Overall, the Company has decreased Scope 1 and 2 GHG emissions on an absolute basis by 23 percent from 2018 to 2023.

“I am proud of the progress we’ve made in recent years to reduce our climate impact,” said Birgit Girshick, Corporate Executive Vice President & Chief Operating Officer at Charles River. “At every level, our organization is committed to supporting sustainable business practices and driving marked change for our clients, partners, communities and planet.”

Additionally, Charles River’s “Customized High Efficiency Automated Energy Recovery System”, utilized at two of the Company’s facilities in China, has been selected from among 26 nominated projects as one of the Top Projects for Energy Efficiency for presentation at the 2023 ENERGY STAR Industrial Meeting. These two installations at Charles River’s Chengdu and Shunde facilities collectively avoid over 5,000 metric tons of GHG emissions annually as well as 11,000 MWh of electricity use. A second project, “Solar Thermal System to Support Process Hot Water Loads” was awarded an honorable mention. The solar thermal project avoids the use of approximately 4,000 gallons of fuel oil along with 40 metric tons of annual GHG emissions avoidance.

Working Toward a Sustainable Future

Charles River recognizes that collaboration across industries can help accelerate progress toward sustainability goals. In 2021, Charles River joined the (PSCI) and has worked with that organization to engage suppliers in discussions on sustainable practices. In 2023, that collaborative spirit was extended with three new industry partnerships:

  • U.S. Environmental Protection Agency’s Green Power Partnership: The Green Power Partnership is a voluntary program that helps increase green power use among organizations to advance the American market for green power and development of those sources as a way to reduce air pollution and other environmental impacts associated with electricity use. By choosing green power, Charles River is helping advance the voluntary market for green power and development of those sources. Charles River and other Green Power Partners are helping to reduce the negative health impacts of air emissions including those related to ozone, fine particles, acid rain, and regional haze.
  • Renewable Thermal Collaborative: The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions. By joining the RTC, Charles River plans to expand upon existing work to convert to renewable electricity and join other leading companies who are striving to scale the deployment of renewable energy for heating and cooling applications.
  • Energize: Energize, administered by Schneider Electric in partnership with the Pharmaceutical Supply Chain Initiative (PSCI), is a first-of-its-kind program to increase access to renewable electricity for suppliers to the pharmaceutical industry. The program has two main objectives: to help suppliers learn about renewable electricity purchasing, and to help suppliers explore the renewable energy market and purchase renewable electricity via pathways that may not have been previously available to them. In partnership with Energize, Charles River aims to reduce Scope 3 (value chain) GHG emissions by engaging with suppliers to promote more sustainable supply chain practices and the use of renewable electricity.

Visit the of Charles River’s website to learn more about the Company’s progress. The 2023 Corporate Citizenship Report will be available in Spring 2024.

About Charles River

Charles River provides essential products and services to help pharmaceutical and biotechnology companies, government agencies and leading academic institutions around the globe accelerate their research and drug development efforts. Our dedicated employees are focused on providing clients with exactly what they need to improve and expedite the discovery, early-stage development and safe manufacture of new therapies for the patients who need them. To learn more about our unique portfolio and breadth of services, visit .

EN
11/10/2023

Underlying

Reports on Charles River Laboratories International Inc.

Charles River Laboratories Int'l, Inc.: Update to credit analysis

Charles River's credit profile reflects its strong and consistent free cash flow, offset by its sensitivity to R&D budgets of clients and research funding availability.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Charles River Laboratories Int'l, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 23 December 2025 in which we reassessed the appropriateness of the r...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Back to Near-Term Bullish on SPX and QQQ We downgraded our near-term outlook on the S&P 500 (SPX) and Nasdaq 100 (QQQ) to neutral last week (11/19/25 Compass), after being bullish since our 4/22/25 Compass, while maintaining our intermediate-term bullish outlook (as of our 5/14/25 Compass). Crucial support levels of 6480-6520 on SPX and $580-$583 on QQQ held last week, and we are right back to being near-term bullish as long as these support levels continue to hold. Just know that SPX could see...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

6550-6569 S&P 500 Support Holding For Now After 5.5-months, the S&P 500 (SPX) has now failed to break and stay below the its 20-day MA. However, 6569 has been our level that needs to break in order for us to have confidence that a pullback has begun; SPX made a low of 6551 on Friday (less than 20 points or 0.3% from our 6569 level), meaning it was not a decisive breakdown (in time or price). As a result, our near-term bullish outlook since our 4/22/25 Compass remains intact, and it will stay t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch