Princceton,NJ/ 360prwire/ November 4/

Numerous reports have shown that attention to sustainability and social responsibility are becoming increasingly important to businesses, employees, shareholders and the public. There is a heightened level of awareness in ESG (Environmental, Social & Governance) issues as well as what a company’s strategies are to address them.

Samsung Biologics has taken several steps to reinforce its ongoing ESG commitment and long-term strategy to its employees and investors, the community,  and the biopharmaceutical industry. In the release of its first annual sustainability report, the company focuses on four main goals for the next decade and beyond: enhancing governance transparency, establishing an eco-friendly working environment, developing a collaborative management system, and expanding on social and community contributions. With a mission to build a healthier future for all, Samsung Biologics will expand its environmental investments in response to climate change, focus on reducing corporate energy consumption, and participate in the Carbon Disclosure Project.  

John Rim, CEO of Samsung Biologics, said, “The publication of our annual sustainability report showcases our aims to accelerate innovation and contribute to building a healthier future for all stakeholders. As we have always been since our founding in 2011, Samsung Biologics will continue to carry out its social accountability – creating a safer and healthier culture, reducing its environmental footprint, and increasing reporting transparency on ESG initiatives.”

Samsung Biologics is proud to join other leading companies in creating a better future for the world, including the healthcare industry and the marketplace. 

Environmental Performance 

Climate change affects everything in the world. Countries, communities, and companies all suffer from the devastating effects of global warming, temperature changes, and ecological crises. 

Samsung Biologics has made sustainability a priority in its plans to build an environment-friendly business. The company has been making great efforts to maintain the environment and be conscious of climate change, one that supports and assists local communities. In order to ensure accountability, Samsung Biologics created a committee to help them reach their goals over the course of time. 

ISO Certifications for Energy Management and Occupational Health and Safety were awarded to Samsung Biologics this year, in recognition of their well-managed processes and systems. 

The company has created a three-tiered approach to managing environmental sustainability, beginning with Reduction of Environmental Pollutants, followed by Chemical Management, and finally Climate Change Response.

Reduction of Environmental Pollutants

Samsung Biologics responsibly manages emissions that can lead to environmental damage, while also instilling practices that reduce the chances of pollution-causing accidents and going even further than environmental laws and regulations.

Chemical Management

All chemical substances are carefully managed using a series of protocols designed to reduce the likelihood of chemical accidents as much as possible.

Climate Change Response

Climate change is a major area of focus at Samsung Biologics, and they sum up their climate change response with the slogan, “Driven. For Life.” As an organization they believe in the shift to a low-carbon economy and operate on a continued energy-saving strategy which complies with ISO50001 guidelines.

Samsung Biologics continues to prove that the company is as focused on being an environmentally responsible business as it is with being a financially successful one. The company continues to set the standard for environmentally safe business practices now and in the future to come.

 

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