Sustainability at Marrone Bio Innovations

Marrone Bio Innovations (NASDAQ: MBII) (MBI) is keenly aligned with investors who have a focus on impact investing and ESG metrics. While we have not undertaken a formal ESG study of MBI, we have calculated the carbon footprint of our products relative to synthetic chemical pesticides and found that our products have a lower carbon footprint. Regalia has a particularly low carbon footprint because it uses an extract of a plant, classified as an invasive weed in most of the world, as its starting material. In general, our products:

  • Are fermented or extracted from plants (knotweed and coconuts) using agricultural raw materials in these fermentation or plant extraction processes, resulting in lower fossil fuel usage;
  • Are safer for workers and of lower risk to pollinators and other non-target organisms, and do not pollute air, water and soil;
  • Are very biodegradable, breaking down quickly into carbon, hydrogen and oxygen;
  • Are designed to increase soil health by supporting or increasing microbial diversity in the soil.

Our CEO’s and other senior managers’ pay is no more than 10 times that of our lowest fulltime paid employee

MBI has an active recycling and composting program. All plastics 1-7, metal, glass and paper are recycled. All food waste is taken home by employees for composting. We have eliminated individual plastic water bottles. We only use tree-free paper for our copying machines. As much as possible we have reduced our paper usage in favor of electronic documentation, and have worked closely with regulatory agencies on electronic dossier and product-labeling pilot projects to ultimately replace paper submissions.

MBI provides a bonus, generous benefits and stock options for all employees. Our CEO’s and other senior managers’ pay is no more than 10 times that of our lowest fulltime paid employee, which is substantially lower than the U.S. average ratio of 144:1 and a median of 69:1.

MBI has diversity as a core value, with 49 percent of our employees female and 42 percent under-represented minorities. MBI leadership is actively involved in programs and initiatives to promote STEM careers for women and minorities. We are actively seeking to increase the diversity of our board of directors, as we currently have one woman director – Founder Pam Marrone – and one underrepresented minority.

MBI has an active internship program that includes part-time and fulltime interns working in R&D, finance, HR, marketing and sales. The CEO also has a job-shadowing full-immersion externship program whereby externs shadow him and other senior executives from several days to three weeks to learn about entrepreneurship and running a startup agbiotech company.

MBI encourages employees to volunteer in their communities and to serve on not-for-profit boards. The company contributes funds and employees volunteer their time to many local organizations.

The company provides a monetary incentive for employees to quit smoking and reach a healthy weight, as well as incentives for gym memberships.

Female Employees

Under-represented Minorities

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