Samsung Biologics Recognized in Dow Jones Sustainability Index
Samsung Biologics is making waves as a frontrunner in sustainability by securing a notable position in the Dow Jones Sustainability World Index. This index evaluates over 2,500 publicly traded companies globally for their environmental, social, and governance (ESG) performance. The consistent recognition showcases Samsung Biologics' sustained commitment to responsible operations and advancing sustainability.
Commitment to Sustainable Practices
By embedding sustainable business practices into its core operations, Samsung Biologics is paving the way for a greener tomorrow. The company emphasizes environmental initiatives, especially focusing on achieving net-zero emissions while enhancing carbon reduction mechanisms throughout its value chain. This year marks the fourth consecutive recognition for the company, highlighting its relentless pursuit of environmentally friendly solutions.
Leadership in ESG Initiatives
Samsung Biologics, under the leadership of President and CEO John Rim, is concentrating on generating impactful changes within the biopharmaceutical value chain. "This achievement demonstrates our commitment to driving sustainability across our operations and the broader biopharma value chain," Rim remarked. The firm remains dedicated to assisting clients in achieving their ESG objectives, fostering a healthier planet.
Global Impact through Collaboration
As an active participant in significant initiatives like the Sustainable Markets Initiative, Samsung Biologics is taking bold steps toward an eco-friendly future. As champions within the Supply Chains Working Group of the SMI Health Systems Task Force, they engage suppliers globally to promote decarbonization and fortify resilient value chains. The company's efforts also include implementing a Power Purchase Agreement and acquiring Renewable Energy Certificates, solidifying their commitment to transitioning to renewable energy sources.
Enhancing Operations and Facilities
To meet the surging demand for biologics, Samsung Biologics has launched initiatives to expand its operational capabilities. With a total capacity of 604 kL, the company plans to add an additional 180 kL biomanufacturing capabilities with the upcoming Plant 5 set to open in 2025. This expansion will enhance the company's ability to serve clients in development and manufacturing efficiently.
The Future of Therapeutic Development
As a comprehensive contract development and manufacturing organization (CDMO), Samsung Biologics provides extensive support for biopharmaceutical products from cell line development to final aseptic fill and finish. They are also at the forefront of innovations in mRNA technologies and antibody-drug conjugate (ADC) facilities, helping clients stay abreast of the latest advancements.
About Samsung Biologics
Samsung Biologics operates as a fully integrated CDMO, dedicated to delivering end-to-end solutions for biopharmaceutical development and manufacturing. Their state-of-the-art facilities comply with industry CGMP standards. By continuously upgrading their operational capabilities and infrastructure, Samsung Biologics stands as the preferred partner for clients who prioritize sustainability alongside quality and reliability.
Contact Information
For inquiries, Samsung Biologics’ media contact is Claire Kim, Head of Global Marketing Communication.
Frequently Asked Questions
What is the Dow Jones Sustainability World Index?
The Dow Jones Sustainability World Index is a benchmark that evaluates companies based on their sustainable practices in environmental, social, and governance criteria.
How long has Samsung Biologics been recognized for sustainability?
Samsung Biologics has been recognized for four consecutive years for its commitment to sustainability and ESG initiatives.
What are Samsung Biologics' main sustainability initiatives?
The company focuses on achieving net-zero emissions, reducing carbon footprints, and collaborating with global suppliers to promote decarbonization.
What does Samsung Biologics do as a CDMO?
Samsung Biologics provides integrated development and manufacturing services for biopharmaceuticals, including cell line development and aseptic fill and finish.
How does Samsung Biologics support client ESG goals?
Through its sustainability initiatives, Samsung Biologics partners with clients to help them achieve their ESG objectives while promoting healthier global environments.
