Sai Life Sciences achieves EcoVadis Silver for Sustainability
In a global assessment acknowledged as a gold standard by procurers and suppliers, winning a silver is gratifying. With a net score of 57, nine points higher than last year, Sai Life Sciences has reaffirmed its commitment to social, economic and environmental responsibility in the evaluation by EcoVadis, the world’s most trusted provider of business sustainability ratings.
Numerous factors contributed to Sai Life Sciences moving from Bronze last year to Silver this year:
- Publication of first sustainability report
- ISO certification
- Endorsement of external initiatives such as Pharmaceutical Supply Chain Initiative (PSCI) and ACS Green Chemistry Institute - Pharmaceutical Roundtable
- Sustainable Development Goals (SDGs)
- Comprehensive policy for all sustainability aspects
The EcoVadis Rating covers a broad range of criteria on non-financial management system indices including Environmental, Labor & Human Rights, Ethics and Sustainable Procurement. In the Environment parameter, our score increased from 50 to 70, and from 50 to 60 in Labor & Human Rights.
As a a firm believer in continual improvement, we will focus on strategic initiatives to upgrade our rating to the next level in the year ahead.