Supply Chain Sustainability
Our goal is to build a sustainable business for the future and our suppliers hold a key position in helping us to reach this goal. Our New Supplier Code of Conduct lays down guidelines for our suppliers to abide by PharmaLex standards on Human rights and Environment protection. We are also building awareness in our employees who are engaged in procurement by training them on sustainable supply chain. We are also committed to promote supplier diversity and encourage more local procurement to build a sustainable supply chain.
Climate change and Carbon foot print
PharmaLex acknowledges its responsibility towards the environment and is committed to integrating environmental sustainability in all its operations and processes. Some of the initiatives that we have taken in this regard are as follows:
- Environment and Climate Change Policy – In order to strengthen its commitment towards the environment PharmaLex has recently launched its Environment and Climate Change Policy, this policy will guide us on how to integrate environmental sustainability into our business strategy and operate in an environmentally responsible manner.
- Launch of Supplier Code of Conduct and Supplier CSR Assessment : PharmaLex wants to involve all its stakeholders in its journey towards sustainability. We have asked our suppliers to understand our conditions for carrying out environmentally responsible business through these two documents. Our work with treedom and ecosia – PharmaLex has created and owns a forest of 1034 trees in seven countries which has resulted in absorbtion of around 292 tonnes of CO2 from the atmosphere with the help of an NGO called treedom. We also encourage our employees to use the ecosia search engine that donates 80% or more of its profits on reforestation and planting trees where they are needed most.
- Increase share of clean energy – More than 25% of our energy comes from renewableble sources , we are constantly engaging with various stakeholders and looking for more opportunities to increase this share.