Sourcing Responsibly – Putting ESG Principles Into Practice
Responsible procurement seeks to embed environmental, social, and ethical risks into standard procurement procedures and processes for engaging with vendors. With the growing shift towards ESG and incoming supply chain legislation across the world, the practice of responsible sourcing is gaining ground and a key focus for the pharmaceutical industry.
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Other Content from PSCI (10)
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News PSCI Welcomes Delpharm, Samsung Biologics, and Suven as First Supplier Partners
The pharmaceutical industry continues to evolve with an increasing focus on responsible sourcing, sustainability, and collaboration across the supply chain. Under a new model to recognise suppliers within the pharmaceutical and healthcare industry that share its vision of building responsible supply chains, the Pharmaceutical Supply Chain Initiative (PSCI) has welcomed its first cohort of Supplier Partners: Delpharm, Samsung Biologics, and Suven.
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Webinar Putting ESG into Practice - Creating Responsible Supply Chains in the Pharma Industry
The complexity and risks found within the global pharma supply chain cannot be understated and key stakeholders from customers to regulators and investors are increasingly expecting the industry to both manage ESG risks and embed sustainability throughout the value chain. This can only be achieved through industry-wide collaboration that sets the standard for what a responsible supply chain looks like and provides support to suppliers to achieve these goals. The Pharmaceutical Supply Chain Initiative (PSCI) and our membership of 60+ pharma and healthcare companies are leading this collaboration to create harmonized approaches and standards for our value chains. Through our Principles for Responsible Supply Chain Management, shared audit program, and supplier maturity model, our members are putting ESG and sustainability into practice to create responsible supply chains. -
News CPHI Podcast Series: analysing supplier audits with the PSCI
This episode of the CPHI Podcast Series, hosted by Digital Editor Lucy Chard, goes through the results from the recent audits from the PSCI conducted on suppliers across the pharmaceutical industry, looking into ESG outcomes. -
News The PSCI publishes Materiality Assessment of the Pharma Supply Chain
In the latest instalment of the PSCI blog on CPHI Online, The PSCI introduces the 2024 PSCI Supply Chain Materiality Assessment, the first public materialty assessment of the pharmaceutical supply chain they have worked on. -
News The PSCI introduces the Supplier Maturity Models: a webinar
The PSCI have launched their framework for suppliers in the pharmaceutical and health industry for increasing social and environmental responsibility, complete with guides and resources, all showcased in a helpful webinar. -
News PSCI launches progressive position on the use of Horseshoe Crabs
A quarterly series of articles about responsible supply chain management from the PSCI. -
News World Water Day: the PSCI’s work to improve wastewater treatment, and partnership with the Musi River Revitalisation project
A quarterly series of blog posts about responsible supply chain management from the PSCI Chair, Ingrid Vande Velde. -
News Pharmapack 2023 – From the Floor
Attending Pharmapack 2023 in Paris? Follow the live updates from the Content team as they move around the event, attending sessions, workshops, learning labs, and more from the Paris Expo. -
News Leveraging the power of the pharmaceutical industry for improved human rights outcomes
A quarterly series blog posts about responsible supply chain management from the PSCI Chair, Vicki Stone-Bjarup -
News Sourcing responsibly, can it be done?
A quarterly series of blog posts about responsible supply chain management from the PSCI Chair, Vicki Stone-Bjarup.
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