Shilpa Pharma Lifesciences Recognized for Sustainability Excellence
Shilpa Pharma Lifesciences Limited, part of Shilpa Medicare Limited, has recently been honored with the prestigious Gold Medal by EcoVadis, a renowned provider of sustainability ratings for businesses around the globe.
This recognition is a result of the company's outstanding performance, achieving an exceptional score of 82 out of 100. This score places Shilpa Pharma in the 98th percentile among over 130,000 companies assessed by EcoVadis, a clear indication of their commitment to superior Environmental, Social, and Governance (ESG) principles.
EcoVadis conducts a thorough evaluation based on four critical pillars: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The Gold Medal demonstrates Shilpa Pharma Lifesciences' position as a leader in sustainable business practices.
Commitment to Sustainable Growth
Mr. Keshav Bhutada, Executive Director and CEO of Shilpa Pharma Lifesciences, expressed pride in the acknowledgment, stating that sustainability and innovation form the core of their growth strategy. With an aim to collaborate with global innovator companies on New Chemical Entity programs, he remarked that this accolade reflects their ongoing dedication to ethical manufacturing and governance.
Creating Value for All Stakeholders
Mr. Bhutada further emphasized that the Gold Medal signifies their relentless pursuit of responsible practices that yield long-lasting benefits for patients and partners alike. This achievement bolsters Shilpa's reputation as a trusted global partner with sustainability being integral to their operations.
Enhancing Global Partnerships
This recognition reinforces Shilpa’s credentials with international customers and stakeholders, ensuring that its sustainability efforts align with the expectations of investors and partners alike. By focusing on environmental responsibility, Shilpa Pharma aspires to cultivate strategic partnerships throughout the industry.
About Shilpa Medicare Limited
Shilpa Medicare Limited is a leading Indian pharmaceutical entity dedicated to the research, development, manufacture, and marketing of Active Pharmaceutical Ingredients (APIs), formulations, and biologics across essential sectors like oncology and infectious diseases. They also specialize in complex generics and novel drug delivery systems, successfully serving patients in more than 80 countries.
Frequently Asked Questions
What recognition did Shilpa Pharma receive?
Shilpa Pharma Lifesciences was awarded the EcoVadis Gold Medal for its outstanding sustainability practices.
What score did Shilpa Pharma achieve?
The company achieved an impressive score of 82 out of 100 in the EcoVadis assessment.
What are the key areas EcoVadis assesses?
EcoVadis evaluates organizations on Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Why is this award significant for Shilpa Pharma?
This award enhances Shilpa Pharma's reputation as a leader in sustainable business, showcasing its commitment to ethical operations.
What does Shilpa Medicare specialize in?
They focus on developing APIs, formulations, and biologics, specifically in oncology and infectious diseases, across various markets.