Latest news with #EcoVadisBronzeMedal
Yahoo
26-03-2025
- Business
- Yahoo
GenScript Biotech Earns EcoVadis Bronze Medal for the Second Consecutive Year, Ranking Above 83% of Companies
PISCATAWAY, N.J., March 26, 2025 /PRNewswire/ -- GenScript Biotech Corporation (GenScript), a global leader in life sciences research, manufacturing technologies and production services, has been awarded the EcoVadis Bronze Medal for the second year in a row, recognizing its strong sustainability performance. This achievement reflects GenScript's continued progress in environmental stewardship, labor and human rights, ethics, and sustainable procurement, reaffirming its commitment to global best practices. This year, GenScript ranked ahead of 83% of all companies assessed by EcoVadis and placed in the top 10% in the manufacture of basic pharmaceutical products and pharmaceutical preparations industry—a significant improvement from its previous assessment. This milestone further underscores GenScript's dedication to sustainability and its role as a trusted partner for the global life science and healthcare ecosystem. "We are proud to receive the EcoVadis Bronze Medal for the second consecutive year with significant improvement in our performance. This recognition underscores our unwavering commitment to sustainability and responsible business practices," said Sherry Shao, Rotating CEO of GenScript Biotech Corporation. "At GenScript, we believe that sustainability is not just a goal, but a fundamental part of our mission to make people and nature healthier through biotechnology. By optimizing operations and collaborating with our value chain, we have taken steps forward in reducing environmental impact, promoting ethical practices, and fostering social responsibility over the past year. We will build on this momentum and work with global business partners to create long-term value." EcoVadis, a globally recognized sustainability rating platform, evaluates companies based on international standards, including the Global Reporting Initiative (GRI), the United Nations Global Compact (UNGC), and ISO 26000. Covering over 220 industries and more than 180 countries and regions, its assessments measure corporate sustainability performance across environmental impact, labor and human rights, business ethics, and sustainable procurement. Beyond EcoVadis, GenScript's sustainability efforts have received broader global recognition. In 2023, GenScript joined the United Nations Global Compact (UNGC), committing to the Ten Principles on human rights, labor, environment, and anti-corruption. In 2024, GenScript and its subsidiary, ProBio, strengthened their sustainability commitments by becoming supplier partners of the Pharmaceutical Supply Chain Initiative (PSCI), contributing to a greener and more ethical pharmaceutical supply chain. In capital markets, GenScript's ESG initiatives have also been highly recognized, with its MSCI ESG rating improving from BBB to A, reflecting its strong environmental, social, and governance (ESG) performance. Additionally, in February 2025, GenScript's carbon reduction targets were officially validated by the Science Based Targets initiative (SBTi), marking a major milestone in the company's global decarbonization journey. Looking ahead, GenScript remains committed to embedding sustainability into its DNA, continuing to innovate and collaborate to advance the long-term health of both society and the planet. About GenScript Biotech Corporation Founded in 2002 in New Jersey, GenScript Biotech Corporation accelerates innovation in healthcare and consumer goods by providing researchers and companies with the building blocks needed to develop groundbreaking treatments and products. Guided by its mission to Make People and Nature Healthier Through Biotechnology and its role as a trusted global leader, GenScript has a team of over 5,500 employees and has served more than 200,000 customers across over 100 countries and regions. Learn more here: View original content: SOURCE GenScript Biotech Corporation Sign in to access your portfolio
Associated Press
06-03-2025
- Business
- Associated Press
American Packaging Corporation Celebrates Two ESG Milestones
Announces EcoVadis Bronze Sustainability Rating and CDP Submission COLUMBUS, Wis., March 6, 2025 /PRNewswire/ -- American Packaging Corporation (APC), a leader in flexible packaging solutions, proudly announces two major Environmental, Social and Governance (ESG) milestones: EcoVadis Bronze Top 35% Sustainability Rating Fifth annual submission to the Carbon Disclosure Project (CDP) These milestones underscore APC's Corporate Responsibility commitment, demonstrating APC is a trusted partner to our customers, employees, communities, and our world environment. American Packaging's corporate mission, vision and core values state our dedication to social responsibility, respecting our employees, protecting and improving the environment, and taking an active role in our communities. Katie Koenitzer, Corporate EHS Director, said, 'American Packaging is very proud of both these achievements. For EcoVadis, APC scored in the top 25%, representing a level of achievement equal to/or higher than 75% of all submissions in all industries. For CDP, by disclosing our environmental impact data each year for five years in a row, APC is demonstrating its commitment to continual monitoring and improvement. These achievements motivate us to work together to continuously improve, embrace our responsibilities, and optimize our practices in a responsible manner.' EcoVadis is a globally recognized assessment platform that rates businesses' sustainability based on four key categories: environmental impact, labor and human rights standards, ethics, and sustainable procurement practices. The EcoVadis Bronze Medal shines a spotlight on American Packaging's focus on responsible business practices and achievements, as well as positions APC as a leader in sustainable excellence. CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Annually since 2018, APC voluntarily disclosed data to the CDP, driving transparency and accountability to lessening APC's environmental impact. Companies are scored on their climate change disclosure, and high scores indicate good internal data management and understanding of climate change related issues affecting the company. About American Packaging Corporation Founded in 1902, American Packaging Corporation is a recognized leader in the flexible packaging industry. Family-owned, APC distinguishes itself by investing in state-of-the-art facilities and capabilities, delivering packaging innovation, promoting sustainable products and practices, and focusing customer delight. Today, APC operates six Centers of Excellence in the United States and employs approximately 1,300 talented, motivated professionals. For more information, please visit
