Syngene earns silver rating in EcoVadis sustainability index

New Delhi: Syngene International has been awarded a silver rating in the EcoVadis sustainability index, placing the company among the top 15% of assessed companies worldwide. This accolade reflects Syngene’s strong commitment to Environmental, Social, and Governance (ESG) practices.

EcoVadis is renowned for providing comprehensive business sustainability ratings, evaluating over 100,000 companies annually based on 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Syngene’s high ranking comes after a thorough assessment, underscoring its commitment to sustainable business practices.

Jonathan Hunt, Managing Director and CEO of Syngene International, expressed pride in the company’s achievement, stating, “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.”

Syngene’s silver rating highlights several key sustainability achievements. The company utilizes 82% renewable energy across all its campuses, showcasing its dedication to minimizing its carbon footprint. With an impressive 96% of waste recycled, Syngene is actively working towards a zero-waste model, ensuring that minimal waste is sent to landfills.

45% of the water used by Syngene is recycled or reused, reflecting the company’s focus on sustainable water management. By sourcing 70% of its total procurement from domestic suppliers in India, Syngene supports local businesses and reduces the environmental impact of its supply chain.

Syngene publishes an annual ESG report, detailing its decarbonization pathway and engaging with suppliers and stakeholders to align on minimizing environmental impact. The company also prioritizes health and safety, human rights, and business ethics in its operations. Through its Corporate Social Responsibility (CSR) initiatives, Syngene actively contributes to under-served communities by focusing on science education, community healthcare, environmental sustainability, and women and child welfare.