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19-Aug-2024

Syngene secures silver rating in EcoVadis sustainability index, ranking in top 15% of assessed companies

Syngene International – a global contract research, development and manufacturing organization (CRDMO) – achieves the prestigious silver rating in the EcoVadis sustainability index, reflecting its commitment to excellence in Environmental, Social, and Governance (ESG) practices. This places the company among the top 15% of companies assessed worldwide in the past year.   EcoVadis, recognized as a trusted provider of business sustainability ratings, evaluates companies against 21 sustainability criteria under four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Over 100,000 companies are assessed by EcoVadis every year and the rating was awarded following a rigorous evaluation.   “Achieving the EcoVadis silver rating reflects the broad commitment we make every day to run our business in a responsible and sustainable way. The award reflects the substantial progress we have made in reducing our environmental footprint as well as our strong commitment to good corporate governance. We are committed to continuing our efforts, using our scientific expertise and new technology to provide scientific solutions for clients while respecting the planet and the needs of our communities today and for generations to come,” commented Jonathan Hunt, Managing Director and CEO of Syngene International.   The silver rating reflects the company’s efforts on all four dimensions:
  • 82% renewable energy across all campuses
  • 96% of waste recycled
  • 45% water recycled or reused
  • 70% of total procurement is from domestic suppliers in India
  The company publishes an annual Environmental, Social, and Governance report, outlining its decarbonization pathway and engages with its suppliers and other stakeholders to align and minimize environmental impact, while keeping its focus on health and safety, human rights, and business ethics. Through its CSR activities, the company facilitates progress for under-served communities by focusing on science education, community healthcare, environmental sustainability and women and child welfare.   Syngene is a signatory to the United Nations Global Compact, underlining its commitment to operating its business responsibly for the benefit of future generations.

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Last Updated: 19-Aug-2024