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2017 Sustainability Report

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2017 Sustainability Report 2017 SUSTAINABILITY REPORT CREATING A BETTER WORLD CONTENTS WHO WE ARE CREATING A BETTER WORLD 4 About this Report 10 Business Overview 24 Our Goals 6 Letter from our CEO 13 Our Products 29 Our Planet 8 About Medidata OUR APPROACH GRI INDEX 14 Stalkholders 30-32 GRI Index 16 Materials References: PEOPLE FIRST Priority Issue: An issue deemed material to the company through our sustainability issue prioritization process. 18 Ethics Global Reporting Initiative (GRI): The GRI Sustainability Reporting Standards are the first and 20 Our People most widely adopted global standards for sustainability reporting. 22 Diversity Matters UN Global Compact: The UNGC is a voluntary initiative based on CEO commitments to implement universal sustainability principles and to understand partnerships in support of UN Goals. Sustainable Development Goals: The SDGs are a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity. 2 2017 MEDIDATA SUSTAINABILITY REPORT 2017 MEDIDATA SUSTAINABILITY REPORT 3 CREATING A CREATING A WHO WE ARE OUR APPROACH PEOPLE FIRST BETTER WORLD GRI INDEX WHO WE ARE OUR APPROACH PEOPLE FIRST BETTER WORLD GRI INDEX About this Report Letter from our CEO About Medidata Business Overview Our Products About this Report Letter from our CEO About Medidata Business Overview Our Products ABOUT THIS REPORT As we reflect on the last 18 years, the spirit of No information contained on our website is innovation—one that has truly paved the way intended to be included as part of, or incorporated for better solutions, higher quality treatments, by reference into, this Annual Report on Form and quicker go-to-market times—remains our 10-k. Our Annual Report on Form 10-k, Quarterly foundation and continues to inspire and enable Reports on Form 10-Q, Current Reports on Form our customers to dream big. In 2017, we did 8-k and amendments to those reports filed or extensive research on our policies and how to furnished pursuant to Section 13(a) or 15 (d) of best position ourselves as a sustainable company the Exchange Act, as well as reports relating to for the future. Human rights, sustainability, and our securities filed by others pursuant to Section innovation are top priorities, so we will primarily 16 of such act, are available through the investor report on these initiatives. relations page of our web site free of charge as reasonably practicable after we electronically file After completing two external audits, we made such a material with, or furnish it to, the Securities a formal recommendation to our leadership and Exchange Commission (“SEC”). team to proceed with a GRI report in accordance with the core principles. As a result, this report This report covers information on all of Medidata’s corresponds with the 2017 fiscal year from employees. The figures stating our number of January 1, 2017 - December 31, 2017, or the employees only includes the full time employees. complete calendar year. This report marks our When discussing our emission and environmental first published GRI report and we anticipate that impact, we are referring to all of our offices that we will be reporting annually for the foreseeable have over 100 employees and/or are a data center future. including New York City, Iselin, San Francisco, Houston, London, Tokyo, and Frankfurt. Medidata is a publicly traded NASDAQ company with headquarters in New York, New York in the This report has been prepared in accordance United States (ISIN US58461A1051). Medidata with the GRI Standards: Core Option. It also uses operates and has offices in seven countries the Sustainable Development Goals (SDGs). including the United States, United Kingdom, Japan, Germany, Republic of Korea, Singapore, If you have any questions or comments regarding and China. Medidata was organized as a New York this report, please direct your questions to corporation in June 1999 and reincorporated in Medidata’s Global Corporate Social Responsibility the State of Delaware in May 2000. Lead, Lyndsay Harris, at [email protected]. -: 350 Hudson Street, 9th floor New York, NY 10014 ': 212-918-1800 :: www.mdsol.com 4 2017 MEDIDATA SUSTAINABILITY REPORT 2017 MEDIDATA SUSTAINABILITY REPORT 5 CREATING A WHO WE ARE OUR APPROACH PEOPLE FIRST BETTER WORLD GRI INDEX About this Report Letter from our CEO About Medidata Business Overview Our Products LETTER FROM OUR CEO In addition to transparency, our strategic priorities You will see a program in 2018 that is more include leaving the world a better place than when OUR MISSION TO meaningful, impactful and sustainable than ever we started. We are creating better, more readily “ before. We have a strategy to create true societal available treatments but beyond this we strive to change for our patients and our industry, and know bring our mission into the communities we serve, IMPROVE PEOPLE’S that we are positioned well to start driving change. as we believe our overall impact on society is Our efforts are focused on finding cures for more vastly important to achieving our mission. LIVES TRANSCENDS patients with an interest in drug repurposing and THE CLINICAL AND creating greater diversity in clinical trials. We also It is now more important than ever that we are focus our efforts on educating the next generation committed to being a sustainable business. A COMMERCIAL SPACE, of Science, Technology, Engineering, and Math more diverse workforce will continue to pave (STEM) leaders and creating greater gender the way for future success, allowing us and our AND I’M PROUD OUR equality. We plan to work on these initiatives for customers to continue to innovate and have the next 5 years, continuing to trailblaze and drive an inclusive perspective. This is why we have EMPLOYEES CONTINUE TO real innovation and lasting, positive change. chosen to report on our economic position, our environmental impact, and above all else, our INVEST THEIR KNOWLEDGE, human rights initiatives. SKILLS, AND EXPERIENCE While creating this report in 2018, Medidata continues to adopt numerous diversity initiatives, FOR THE BETTERMENT OF Tarek Sherif, Chairman & CEO including the 2020 Board pledge, the CEO Call When we decided to create this report, we asked to Action, G100 Membership, and most recently, COMMUNITIES AROUND ourselves, what can we do to make Medidata more we have become signatories of the UN Global transparent? As a company, we believe in and Compact. In 2017, we began to grow our outreach THE WORLD.” support innovation on all fronts, but wondered initiatives in communities where we have offices, how far we could push the envelope. Our industry including volunteer outings around the globe As a Cloud based company, we are pleased is undergoing change at a rapid pace, and we have and engaging with our non-profit partners to with where we stand, but continually strive for both adapted to and propelled this transformation plan for the years to come. 2017 was a period of improvement. While the complexity of our industry for almost 20 years. What enables Medidata to foundation, necessary to ensure that our policies and business present challenges, we are poised do this? Our diversity of thought and talent, our and initiatives reflected our Medidata culture. to have a more meaningful impact. Although we innovative solutions, and our commitment to Furthermore, we used this time to reflect on our do not own our corporate office buildings, we are our mission, powering smarter treatments and progress and better understand where we could still working on sustainability and influencing our healthier people have driven us. However, are we make improvements in 2018. We realized that we building owners to think globally. effectively portraying our transparent beliefs? have the foundation for a strong program which is We decided to create this report because we why we decided to accelerate our commitment to have always challenged ourselves and we want to create real impactful change. externally showcase our strong company culture that is inclusive and empowering for all. 6 2017 MEDIDATA SUSTAINABILITY REPORT 2017 MEDIDATA SUSTAINABILITY REPORT 7 CREATING A WHO WE ARE OUR APPROACH PEOPLE FIRST BETTER WORLD GRI INDEX About this Report Letter from our CEO About Medidata Business Overview Our Products ABOUT MEDIDATA As a mission driven cloud based company, we Medidata has four different categories of products We power eClinical solutions for over 1,000 individually and collaboratively reinventing the are committed to being excellent corporate that you can choose from to enhance clinical trial customers and 100,000 certified users around the way research is done to create smarter, more citizens. Corporate Social Responsibility (CSR) is processes from phase I through to FDA approval, world. We remain true to our roots by maintaining precise treatments. We provide solutions for the in our DNA, and we believe in holding ourselves and accelerate more treatments for more a committed focus on serving the life sciences patients, doctors, sponsors, and sites to ensure accountable and continuing to be a transparent patients. These four categories are Rave (data industry, accelerating innovation, and delivering that data can easily be captured and analyzed. and ethical business. capture & management), Edge (trial planning & sustainable value to our customers, partners, management), Medidata Enterprise Data Store and shareholders as the leader in our vertical. We’re proud to be helping leading life science Our unified technology platform empowers the (MEDS) & AI, and professional services. Companies using the Medidata platform are organizations around the world bring their new life science community to make clinical trial treatments to market faster, with reduced cost breakthroughs, and we provide the only eClinical and risk. Hundreds of life science organizations Platform that addresses both the science and have used our platform, in over 12,000 trials in business operations of drug development— more than 130 countries.
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