2023
Sustainability Report

Our Commitment Knows No Bounds

A Message From Our Chairman, President and CEO

Thank you for taking an interest in Hologic’s sustainability progress. As you will see in our 2023 Sustainability Report, we continue to build on our foundational social initiatives with an unwavering commitment to elevate women’s health around the world.

Hologic — above all else — is guided by our purpose, our passion and our promise. Our purpose is to enable healthier lives everywhere, every day. Our passion is to champion women’s health globally. Our promise is The Science of Sure®, a commitment to provide healthcare professionals with clinically differentiated, high-quality products.

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Stephen P. MacMillan

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Hologic at a Glance

    Total Revenue*

      * Total non-GAAP revenue growth in millions. Growth rates in constant currency. As reported except FY14, which excludes ~$20 million one-time revenue from amending Roka license. Results include contributions from the Blood Screening business that was divested in 2017, the Medical Aesthetics business that was acquired in 2017 and divested in 2020, and other smaller acquisitions. Numbers may not foot due to rounding.
      ** Decline in Total Revenue excluding COVID Assays is driven by lower capital sales in our Breast Health business, as a result of semiconductor supply chain shortages.

      Non-GAAP EPS*

        Numbers may not foot due to rounding.

        * Non-GAAP EPS as presented in our earnings releases except FY14, which excludes ~$0.05 one-time contribution from amending Roka license. Results include contributions from the Blood Screening business divested in 2017, the Medical Aesthetics business acquired in 2017 and divested in 2020, and other smaller acquisitions.

        ** Decline in Non-GAAP EPS is driven by less COVID testing revenue and lower capital sales in our Breast & Skeletal Health Solutions business, as a result of semiconductor supply chain shortages.

        GAAP to Non-GAAP Reconciliation

          Numbers may not foot due to rounding. 

          1. Assumes dilution of 1.9 million shares for the year ended September 28, 2019. 2. Assumes dilution of 2.8 million shares for the year ended September 29, 2018.

          Founded:

          1985 by Jay Stein and David Ellenbogen

          Chairman, President and CEO:

          Stephen P. MacMillan

          Fiscal 2023 Revenue:

          $4.03 Billion

          NASDAQ Stock Exchange:

          HOLX

          Employees:

          ~7,000 worldwide

          Patents:

          4,100+

          Estimated Number of Lives Impacted in Fiscal 2023:

          250+ million

          Global Headquarters:

          Marlborough, Massachusetts

          Global Reach:

          Locations in 36+ countries with direct staff and a market presence in more than 100 countries.

          Awards Received1

          • Gallup Exceptional Workplace Award 
          • Fortune Best Workplaces in Healthcare
          • Newsweek America’s Most Responsible Companies
          • Forbes America’s Best Midsize Employers
          • Barron’s The 100 Most Sustainable U.S. Companies
          • Fast Company World Changing Ideas Finalist
          • Drucker Institute’s Best-Managed Companies
          • IMV ServiceTrak awards in Mammography for Best Customer Satisfaction, Best System Performance and Best Service
          • Great Place to Work certification
          • The Boston Globe Top Places to Work in Massachusetts
          • The San Diego Union-Tribune Best Large Companies
          • Laureus Sport for Good Index

          CORPORATE CITIZENSHIP

          Our Responsibility

          Our philanthropic efforts make a positive difference in the lives of cancer patients, underserved women and innovation-minded students — everywhere, every day. In addition, we have a responsibility to the communities where our employees live and work. Therefore, we are also excited to share our environmental initiatives and goals.

          Strengthening Communities Through Philanthropy

          220+ organizations worldwide received philanthropic assistance from Hologic.

          We have donated millions of dollars to these nonprofit organizations, directly and through Partners in Giving, a program in which Hologic matches employees’ donations to charitable groups.

          Dozens of Communities Supported, Including:

          Internationally:

          • Chamonix, France
          • Guadalajara, Mexico
          • Quebec, Canada
          • San Jose, Costa Rica
          • Santiago, Chile
          • Vantaa, Finland
          • West Pokot County, Kenya

          In the United States:

          • Albuquerque, New Mexico
          • Austin, Texas
          • Baltimore, Maryland
          • Boston, Massachusetts
          • Charlotte, North Carolina
          • Chicago, Illinois
          • Danbury, Connecticut
          • Denver, Colorado
          • Houston, Texas

           

          • Miami, Florida
          • Middlebury, Vermont
          • New York City, New York
          • Newark, Delaware
          • Plymouth, Pennsylvania
          • Reston, Virginia
          • San Diego, California
          • San Jose, California
          • Washington, D.C.

          Inequality

          harms women

          Hologic is committed to reducing our carbon footprint with headline environmental goals, but also with efficiencies in our everyday operations. 

          Hologic’s Costa Rica site achieved zero waste to landfill as part of a pilot project.

          To reduce Hologic’s Diagnostic Solutions' reliance on paperboard corrugated shipping cases, we identified a process to implement reusable plastic corrugated shipping cases.

          We’ve saved more $1.5 million dollars in 2023 by identifying additional opportunities for ocean freight, rather than air and ground transportation. 

          OUR PEOPLE

          Employee Excellence

          Passion for the work Hologic does every day can be felt in our offices around the globe. We were founded by passionate innovators and thousands of equally inspired employees continue to carry that flame to this day. After all, who hasn’t been impacted by the health crisis of a loved one? The motivation that so many Hologic employees bring to work every day creates a culture of progress and change.

          GOVERNANCE

          Our Leadership

          As a leading global healthcare company, Hologic has a responsibility to provide transparency into our business practices and operate with the highest degree of integrity. Our governance policies guide our work in clinical trials, supply chain management, supplier risk management, quality management, workplace health and safety, as well as information security.

          Strong governance is essential to our success as a growing company with a direct impact on the lives and health of millions of women around the world.

          Sustainability Reports Archive

            1. Gallup Exceptional Workplace Award, https://www.gallup.com/workplace/471752/announcing-2023-gallup-exceptional-workplace-award-winners.aspx. Fortune Best Workplaces in Healthcare, https://fortune.com/company/hologic/best-workplaces-health-care/. Newsweek America’s Most Responsible Companies, https://www.newsweek.com/rankings/americas-most-responsible-companies-2023. Forbes America’s Best Midsize Employers, https://www.forbes.com/lists/best-midsize-employers/. Barron’s The 100 Most Sustainable U.S. Companies, https://www.barrons.com/articles/most-sustainable-esg-us-companies-1b5f70fd. Fast Company World Changing Ideas Finalist, https://www.fastcompany.com/90870459/world-changing-ideas-large-business-1000-employees-2023. Drucker Institute’s Best-Managed Companies, https://www.beckershospitalreview.com/rankings-and-ratings/the-19-best-managed-healthcare-companies-of-2023.html. IMV ServiceTrak awards in Mammography for Best Customer Satisfaction, Best System Performance and Best Service, https://www.prnewswire.com/news-releases/imv-announces-the-first-wave-ofthe-2023-imv-servicetrak-imaging-awardees-at-rsna-301995513.html. Great Place To Work, https://www.greatplacetowork.com/certified-company/1286592 and https://staging2.greatplacetowork.com.au/gptwcertified/hologic-anz/. The Boston Globe Top Places to Work in Massachusetts, https://www.bostonglobe.com/2023/11/29/magazine/the-top-places-to-work-in-massachusetts-2023/. The San Diego Union-Tribune Best Large Companies, https://www.sandiegouniontribune.com/business/story/2023-11-17/employees-say-these-are-the-top-workplaces-in-san-diego-county-in-2023. Laureus Sport for Good Index, https://sportforgoodindex.sportspromedia.com/the-index/