Corporate sustainability at Schrödinger follows a simple formula. When we add value to the world, we create value for our company, and when we build value for ourselves, we generate value for the world. This virtuous cycle is embodied in our corporate sustainability platform, VALUE2.
In 2022, Schrödinger undertook a research exercise known as a “double materiality assessment,” where we worked to determine the ESG-related topics most important to both our company and our stakeholders. To compile the list of topics for consideration, we interviewed nearly a dozen company leaders, looked to the work of companies in adjacent industries, and consulted key ESG standards and frameworks like the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and United Nations Sustainable Development Goals (SDGs).
Schrödinger’s Corporate Sustainability Steering Committee is sponsored by our chief legal officer and chaired by our head of Corporate Sustainability. Our committee’s mandate is to support and strengthen Schrödinger’s ongoing commitment to Corporate Sustainability and serve as a cross-functional, enterprise- wide task force charged with advancing and expediting our ESG programs, policies, and performance.
Schrödinger’s Board of Directors is fully engaged in the company’s Corporate Sustainability matters, and is committed to seeking out Board nominees who represent a diverse array of personal and professional characteristics, backgrounds, experiences, and skills.
We carefully evaluate all potential partners to help ensure our software will be used in ways that align to and advance our mission. The use of our platform requires significant training and technical support from Schrödinger software experts and computational scientists. We will refuse to provide such consultation on projects we deem have the potential to be misaligned with our mission.
Our DEI philosophy is focused on ensuring that our employees feel safe, heard, comfortable, and valued. By embracing our people and their diversity of opinions and ideas, we empower them to take action, ultimately fostering more creativity, novel ways of thinking, better problem-solving, and greater perspective within our organization.
Please read Schrödinger’s Equal Opportunity Employment and Affirmative Action Statement.
Schrödinger operates responsibly wherever we do business, while maintaining environments that provide inspiration and comfort for employees. Our environmental footprint centers primarily on the energy we use to run our computational software, power our offices, and engage in business travel.
As we grow, we are committed to building out future office and lab space in an environmentally sound manner, maintaining our focus on LEED standards and employee wellness. While still relatively early in our environmental sustainability journey, Schrödinger made significant progress in 2023. We built upon our commitment to greener workplaces, took steps to better understand our carbon footprint, and signaled our intention to establish science-based emissions reduction targets.
Additionally, the work of our team helps to protect the planet through the discovery of new and better materials solutions that help reduce energy use, cut carbon emissions, and curtail waste by drastically reducing the volume of chemical compounds needed to discover new drugs, materials, and chemical solutions.
Please read Schrödinger’s Environmental Policy
At Schrödinger, we provide a best-in-class work environment that appreciates our employees’ contributions and encourages their creativity. Competitive salaries, participation in our equity programs, professional growth opportunities, and excellent benefits are just the beginning. Schrödinger also focuses on building a community of wellness, belonging, and support — a community that helps employees thrive.
As part of a suite of benefits, employees who work at least 25 hours per week are provided a paid day off each year to volunteer with an organization or program of their choice. Additionally, employees around the world are eligible to participate in our matching gifts program, amplifying contributions to approved local nonprofit organizations of their choice.
Please read Schrödinger’s Occupational Health and Safety Policy
In 2023, Schrödinger launched its first Global Social Impact Policy. The policy was created to provide a cohesive corporate strategy for social impact initiatives around the world and focuses on the following priority areas: STEM Education, Healthcare, Technological and Scientific Innovation, and Disaster Relief.
For example, we believe that our unique computational platform can help spur a fascination with STEM. We place a strong emphasis on outreach and STEM education efforts, working with academic institutions from elementary schools to graduate programs to spread awareness of careers in technology and the sciences, and to ensure the next generation of scientists have the necessary skills to succeed.
With over 800 employees across the world, Schrödinger’s footprint spans the globe. Our team brings a diversity of perspectives, experiences, and backgrounds, united by a shared purpose.
Schrödinger’s Board of Directors sets high standards for the company’s employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the company’s business.