PISCATAWAY, N.J., March 26, 2025 /PRNewswire/ — GenScript Biotech Company (GenScript), a world chief in life sciences analysis, manufacturing applied sciences and manufacturing companies, has been awarded the EcoVadis Bronze Medal for the second yr in a row, recognizing its sturdy sustainability efficiency. This achievement displays GenScript’s continued progress in environmental stewardship, labor and human rights, ethics, and sustainable procurement, reaffirming its dedication to world finest practices.
This yr, GenScript ranked forward of 83% of all corporations assessed by EcoVadis and positioned within the high 10% within the manufacture of fundamental pharmaceutical merchandise and pharmaceutical preparations trade—a major enchancment from its earlier evaluation. This milestone additional underscores GenScript’s dedication to sustainability and its function as a trusted companion for the worldwide life science and healthcare ecosystem.
“We’re proud to obtain the EcoVadis Bronze Medal for the second consecutive yr with vital enchancment in our efficiency. This recognition underscores our unwavering dedication to sustainability and accountable enterprise practices,” mentioned Sherry Shao, Rotating CEO of GenScript Biotech Company. “At GenScript, we imagine that sustainability is not only a objective, however a basic a part of our mission to make individuals and nature more healthy by means of biotechnology. By optimizing operations and collaborating with our price chain, we’ve got taken steps ahead in decreasing environmental affect, selling moral practices, and fostering social accountability over the previous yr. We are going to construct on this momentum and work with world enterprise companions to create long-term worth.”
EcoVadis, a globally acknowledged sustainability score platform, evaluates corporations primarily based on worldwide requirements, together with the World Reporting Initiative (GRI), the United Nations World Compact (UNGC), and ISO 26000. Protecting over 220 industries and greater than 180 international locations and areas, its assessments measure company sustainability efficiency throughout environmental affect, labor and human rights, enterprise ethics, and sustainable procurement.
Past EcoVadis, GenScript’s sustainability efforts have acquired broader world recognition. In 2023, GenScript joined the United Nations World Compact (UNGC), committing to the Ten Ideas on human rights, labor, setting, and anti-corruption. In 2024, GenScript and its subsidiary, ProBio, strengthened their sustainability commitments by changing into provider companions of the Pharmaceutical Provide Chain Initiative (PSCI), contributing to a greener and extra moral pharmaceutical provide chain.
In capital markets, GenScript’s ESG initiatives have additionally been extremely acknowledged, with its MSCI ESG score enhancing from BBB to A, reflecting its sturdy environmental, social, and governance (ESG) efficiency. Moreover, in February 2025, GenScript’s carbon discount targets have been formally validated by the Science Based mostly Targets initiative (SBTi), marking a significant milestone within the firm’s world decarbonization journey.
Wanting forward, GenScript stays dedicated to embedding sustainability into its DNA, persevering with to innovate and collaborate to advance the long-term well being of each society and the planet.
About GenScript Biotech Company
Based in 2002 in New Jersey, GenScript Biotech Company accelerates innovation in healthcare and shopper items by offering researchers and firms with the constructing blocks wanted to develop groundbreaking therapies and merchandise. Guided by its mission to Make Individuals and Nature More healthy By means of Biotechnology and its function as a trusted world chief, GenScript has a crew of over 5,500 workers and has served greater than 200,000 clients throughout over 100 international locations and areas.
Study extra right here: https://www.genscript.com
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SOURCE GenScript Biotech Company
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