Our commitment to being a responsible corporate citizen begins with the patients we serve and extends to all aspects of our business, including our employees, the medical community, the communities in which we live and work, and the governance of our company. We firmly believe in doing what’s right, even when it isn’t easy. Above all, we strive to have a positive impact on those around us, grounded in the highest degree of integrity and transparency.
In 2022, Insmed hosted its inaugural Global Day of Good – a company-wide day of service where employees gave back to their local communities through activities focused on health, education, and human services. Over 500 employees donated more than 2,000 combined volunteer hours to 13 projects supporting 20 organizations around the world. Watch the video to learn more.
2022
Responsibility Report
Our inaugural Responsibility Report reflects the culture and purpose we live by every day. We are committed to reporting annually on our progress and commitments.
Our responsibility to
Our Patients:
Changing Lives
As a biopharmaceutical company focused on rare and serious diseases, patients are at the center of our mission. Our robust patient support programs are designed to educate and inform patients along every step of their journey—from basic disease information through individualized support for those who are prescribed our therapy.
We also work closely and compliantly with patient advocacy groups and invite patients to share their stories with us so we can keep the patient voice front and center. Whether it’s a Rare Disease Day celebration or a company town hall, hearing from a patient firsthand is one of the most powerful ways we can energize and inspire our team to pursue our mission.
Lastly, we are committed to providing patients with access to our medicines and work with numerous stakeholders to enable this access through appropriate channels.
Our responsibility to
Our People:
Empowering Leaders
We work hard to foster an environment in which employees feel a deep sense of satisfaction, empowerment, and belonging so they are driven to do their best work on behalf of patients. These efforts include:
- Developing our talent within the organization through access to training, continuous learning programs, and other development initiatives.
- Providing regular feedback and recognition, including quarterly performance discussions, “skip level” meetings, and a values-based peer award program, called “inspire.”
- Investing in employees’ total wellbeing, including physical health, mental health, and financial health.
- Providing competitive compensation and industry-leading benefits that enable employees to bring their whole selves to work, such as a generous vacation policy, a flexible approach to where and how we work, and wellness rooms in our headquarters for prayer, meditation, or nursing.
Supporting equity and inclusion for all
At Insmed, we are committed to supporting equity and inclusion for all. Learn about our inclusion strategy and the steps we take to foster an inclusive environment.
Our responsibility to
The Medical Community:
Advancing Rare Disease Research
As part of our commitment to advancing the science of rare diseases, Insmed may provide funding to organizations that support scientific research, healthcare provider education, and patient care objectives associated with our core therapeutic areas.
Our responsibility to
Our Communities:
Giving Back
At Insmed, we feel a deep responsibility to bring positive change to the communities where we live and work. Our efforts are focused on programs that improve access to and eliminate inequities in the areas of health, education, and human services. As a key aspect of this strategy, our employee-led volunteer committee, Insmed Cares, offers generous time and talent to local nonprofit organizations, particularly in the Bridgewater, NJ area where our headquarters is based.
Activities have included holiday food drives, care-kit assembly for hospitals and disaster relief organizations, and an annual school supply drive. To address the unique needs brought about by the COVID-19 pandemic, we were proud to donate personal protective equipment to those on the front lines, share iPads with local hospitals to enable critically ill patients to see their loved ones, and raise money for those facing food insecurity in New Jersey. In the wake of Hurricane Ida, we collected supplies and raised money for families affected by flooding in the communities surrounding our headquarters.
In addition to these organized activities, employees are offered a company match to double the impact of their charitable contributions and are granted paid time off to perform community service in any way they choose.
Inspiring the next generation of STEM leaders
Insmed is a proud partner of Students 2 Science, a New Jersey-based non-profit whose mission is to inspire, motivate, and educate elementary, middle and high school students in economically disadvantaged communities to pursue careers in STEM and foster a more diverse, equitable and inclusive workforce. Through this partnership, we have shown students the various career paths in the biopharmaceutical industry and given advice as they look to start a career.
Our responsibility to
The Environment:
Protecting Our Planet
As a patient-centered company, we believe that environmental health—from the air we breathe to the water we drink—is a key component of patient health. We support several green measures at our headquarters, including motion-sensor lighting and LED lighting throughout the facility, electric automobile charging stations, energy-efficient rooftop HVAC units, and low-flow automatic flushers. In our research laboratories, hazardous and chemical waste are responsibly managed and tracked in line with regulatory requirements. We also use biodegradable products in our cafeterias and have a grease disposal program and electronics recycling program in place.
For our marketed product, we work with our specialty pharmacy providers to offer a cooler return service so that the cooler in which our product arrives can be reused or recycled.
As our company grows, we are committed to enhancing our environmental practices to reduce our carbon footprint.
Our responsibility to
Governance and Ethics:
The Way We Do Business
Insmed is committed to conducting our business the right way, every day. Integrity is not just one of our core values; it is present in all we do, from how we innovate in our labs to how we manufacture our products.
Our Global Healthcare Compliance Program is one of the key components of our commitment to the highest standards of corporate conduct. Learn more
Our Board of Directors sets high standards for our employees, officers, and directors. Implicit in this philosophy is the importance of sound corporate governance.
Learn more about our Board of Directors and the procedures and standards that guide the management of our business
