Better Health for All
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Veeva's core business, providing cloud software for the life sciences industry, is fundamentally dedicated to advancing human health and wellbeing, as reflected in its Public Benefit Corporation status since February 1, 2021.
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Its solutions enable 85% of new drugs approved to be launched with Veeva
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, accelerating time to market by 50%
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and clinical study builds by 50%.
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Veeva Vault EDC has been used in over 1,400 clinical trials
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, and its free clinicaltrials.veeva website had over 1 million visitors last year
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, improving patient access to trials. Veeva CTMS ensures trial quality, integrity, and patient safety
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, and Veeva Medical Solutions advance clinical practice and improve patient outcomes.
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The company also collaborates with Walgreens to connect community locations with diverse patient populations for clinical research.
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As a software company, Veeva's products and services do not generate revenue from activities with well-established negative health outcomes, nor do they have direct safety implications for physical or mental health. Veeva offers several free applications, including SiteVault, which is free for over 90% of clinical trial sites
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, Veeva Launch Pad
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, and clinicaltrials.veeva, a free website for finding clinical trials.
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Veeva demonstrates strong data responsibility by adhering to HIPAA de-identification standards
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, not re-identifying de-identified data
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, and reporting only aggregated insights to customers.
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Its SafeMine solution achieved 99.2% accuracy for false positive patient data matches.
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The company complies with EU-U.S., UK Extension, and Swiss-U.S. Data Privacy Frameworks
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and offers users controls over their information
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, responding to data requests within 20 business days.
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Veeva's software solutions facilitate ethical conduct in clinical trials by helping customers ensure compliance with ICH E6(R2) guidelines
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, capture and resolve protocol deviations
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, and maintain comprehensive records of actions and approvals.
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Fair Money & Economic Opportunity
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Veeva Systems Inc. is a software provider for the life sciences industry and does not offer financial services such as lending, insurance, or deposit products to consumers or businesses. As a result, all KPIs under the "Fair Money & Economic Opportunity" value are not applicable to its core business model. The company does not have APR or fee structures to evaluate, nor does it generate revenue from high-cost financial products. It does not provide debt products, operate financial service access points, or offer financial literacy programs. While Veeva became a Public Benefit Corporation in February 2021, committing to balancing stakeholder interests, there is no specific evidence of profit reinvestment in community finance or profit-sharing with underserved communities as defined by the rubric.
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The company does facilitate an employee-directed charitable giving program, allocating 1% of employee base salary annually for charitable giving, but this is not profit reinvestment.
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Fair Pay & Worker Respect
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The CEO to median employee pay ratio for fiscal year 2025 was 1251:1, based on the CEO's total compensation of $172,436,133
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and the median employee compensation of $137,866.
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Furthermore, there have been no substantiated labor-law or human-rights violations in the past three years; a lawsuit alleging discrimination based on sex and disability was dismissed by the court, which granted summary judgment to the company.
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Fair Trade & Ethical Sourcing
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Veeva Systems Inc. is a provider of cloud-based software solutions, indicating it does not procure or trade physical commodities that would typically be subject to fair-trade certifications. No specific, quantitative data was found for other KPIs, such as supplier audit frequency, number of substantiated forced or child labor incidents, supply chain traceability coverage, remediation speed for violations, percentage of contracts with ethical sourcing clauses, share of spend on high-risk materials, or supplier diversity spend. While the company states a zero-tolerance approach to forced or child labor
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and expects suppliers to comply with ethical standards,
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these are policy statements and not measurable outcomes or specific data points required by the rubric.
Honest & Fair Business
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Veeva Systems Inc. received a CSA Score of 21 from S&P Global, indicating partial disclosure with key gaps in governance reporting.
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The company has a clean record regarding ethics-related regulatory fines, with no fines reported in the past three years; a $31 million payment to law firms in 2024 was for litigation resolution, not a fine.
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Veeva has a formal whistleblower policy covering accounting, disclosures, internal controls, auditing, and violations of law or the Code of Conduct.
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Employees can report concerns anonymously via a hotline or online portal, and retaliation is prohibited.
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Anonymous reports are forwarded to the Audit Committee chairman, and the status of complaints is reported quarterly to the Audit Committee.
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Employees receive annual training on the Code of Conduct.
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The company also has a comprehensive Global Anti-Corruption Policy and Guidelines, effective September 2025.
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This policy prohibits monetary gifts, facilitating payments, and kickbacks, and requires pre-approval for certain contributions and gifts to government officials.
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It mandates third-party due diligence, accurate record-keeping, and anti-money laundering measures.
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Directors, officers, and employees are trained upon hire and regularly thereafter, and the policy undergoes periodic risk review.
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Kind to Animals
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Veeva Systems Inc. is a global provider of cloud-based software solutions.
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Its business model does not involve animal exploitation, animal testing, animal agriculture, or the use of animal-derived ingredients.
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Multiple sources explicitly state "No Animal Exploitation" for Veeva.
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While Veeva provides software solutions to the animal health industry, its own operations do not directly engage in activities that would be assessed by the 'Kind to Animals' KPIs, making all relevant KPIs not applicable.
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No War, No Weapons
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Veeva Systems Inc. operates in the life sciences industry, providing cloud-based software solutions. There is no evidence of defense or arms-related activities in its core business, nor any exposure to controversial weapons. The company's lobbying expenditures in 2022 were $90,000
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, entirely focused on pharmaceuticals and health products
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, with no defense-related lobbying. Veeva's AI products are described in the context of life sciences, with no mention of military applications
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. The company's Supplier Code of Conduct prohibits suppliers from conducting business with entities in sanctioned countries
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and mandates compliance with import and export controls
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. It also outlines a zero-tolerance approach to forced, compulsory, or child labor, slavery, human trafficking, violence, or threatening behavior
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, and expects suppliers to comply with applicable labor laws, including hours, wages, and working conditions
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, indicating adherence to humanitarian procurement standards. There is no evidence of involvement in intelligence or surveillance contracts.
Planet-Friendly Business
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Veeva Systems' emissions reduction targets have been validated by the Science Based Targets initiative (SBTi).
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The company is committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 58.8%
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and Scope 3 emissions from purchased goods and services and capital goods by 63.8% per million USD gross profit added by fiscal year 2035.
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However, the available information does not explicitly detail interim milestones for these targets. For fiscal year 2025, Veeva Systems' total market-based greenhouse gas emissions were 54,778 metric tons of CO2e.
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The company's primary industry (Computer and related services) is noted as very low in carbon intensity,
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and its environmental risk score is near zero, indicating a non-material GHG emissions footprint.
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Respect for Cultures & Communities
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Veeva is involved in a study that includes collaboration with Mamaweswen (North Shore Tribal Council) and Benbowopka Treatment Centre, representing two formal partnerships with indigenous or local community groups.
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No cultural appropriation incidents have been reported.
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The company's core operations as a cloud-based software provider do not typically involve cultural impact assessments, FPIC processes, cultural site protection, or social license to operate, and no specific protocols or incidents are reported for these areas.
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While employees contribute to charitable organizations through the Veeva Giving program, there is no specific focus or percentage of revenue allocated to cultural heritage organizations.
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Safe & Smart Tech
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Veeva Systems has no recent security news regarding data breaches, and states that cybersecurity risks have not materially affected its business.
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It maintains a formal incident response policy with a commitment to notify customers of breaches within 72 hours as per GDPR requirements.
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The company holds extensive privacy and security certifications, including ISO 27001, ISO 27018, SOC 2 Type II, and an HDS certificate (French law).
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It complies with the EU-U.S. Data Privacy Framework, UK Extension, Swiss-U.S. DPF, GDPR, HIPAA, 21 CFR Part 11, and CCPA.
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All active employees and contractors receive annual security awareness training, with certain roles receiving more extensive annual data and application security training, but no effectiveness metrics are provided.
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Data at rest is encrypted using AES-256, and data in transit uses TLS v1.2 (minimum).
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Veeva explicitly states it does not sell personal information or share it for cross-contextual behavioral advertising, and shares only the minimum necessary data.
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Users have comprehensive controls over their data, including rights to access, edit, delete, limit use, and opt-out of sale/sharing, with CCPA requests processed within 8-20 days on average.
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The company employs industry-standard authentication practices, including strong authentication for high-risk users, password management, and account lockout, but specific MFA availability is not detailed.
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Veeva's vulnerability management includes internal pre-release testing, annual automated and manual vulnerability assessments, annual third-party penetration testing, and regular scanning of internet-facing systems, but no patching timeframes are provided.
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Privacy by design and privacy by default policies are established for Veeva Vault.
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Security testing includes application, database, network, and resource monitoring, internal vulnerability testing, and annual third-party penetration testing of certain systems.
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Data minimization practices show varied retention periods, with "Data Products" retained for up to 10 years after professional relevance, while website/app data is 2 years and marketing data is 12 months.
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Zero Waste & Sustainable Products
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Veeva Systems has maintained an ISO 14001-certified Environmental Management System since 2022.
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, which outlines a commitment to waste reduction
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. As a specific initiative, the company donated over 100 laptops to local schools last year through a laptop donation program at its headquarters.
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