Sai Life Sciences becomes first India-HQ company to join PSCI
Sai Life Sciences, today announced its induction into the Pharmaceutical Supply Chain Initiative (PSCI) membership as an ‘Associate Member’.
Welcoming Sai Life Sciences into its fold, a PSCI spokesperson said, “PSCI and its members are delighted to welcome Sai Life Sciences into membership, PSCI’s first member with its main headquarters in India. We are pleased at their enthusiasm in embedding PSCI’s Principles for Responsible Supply Chain Management into their practices, and see their addition to our membership as another heartening sign that responsible practices are gaining influence in a country that’s important to many of our members’ supply chains.”
The PSCI is a
non-profit business membership organization with a vision to establish and
promote responsible practices that continuously improve pharmaceutical supply
chains. All PSCI
members are expected to support and incorporate the organization’s
core principles that encompass five areas of responsible business practices
namely, ethics, labor, health and safety, environment, and management systems, into
their supply agreements.
Responding to the
announcement, Krishna Kanumuri, CEO & Managing Director said, “We at Sai
Life Sciences are truly honoured to be inducted into the PSCI membership and join
its esteemed league of companies. This step is a strong reaffirmation of our
commitment to implement and champion responsible supply chain practices.”
Sai Life
Sciences has firmly adopted Sustainability as an integral part of its business
and decision-making framework, shifting from a “compliance-oriented” approach to
a more proactive one. It has undertaken several initiatives including setting up
an online learning management system, adopting green chemistry principles in
process development, building all new facilities as ‘Green Buildings’, sourcing
renewable energy, improving employee health & safety through industrial
hygiene programs and conducting community development programs on education and
health care. The company’s Sustainable
Development Goals (SDGs) focus on minimizing its environmental
footprint, strengthening diversity & inclusion, giving back to society and
improving its supply chain.
Sai Life Sciences has been ISO certified (14001:2015 &
45001:2018) for its R&D and Manufacturing facilities, awarded Silver
Medal in the EcoVadis CSR assessment, and rated ‘5-Star’ for Excellence
in EHS Practices at the CII-Southern Region awards 2019.
