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Create a Sustainable Supply Chain
In order to effectively address the wide-ranging challenges of a sustainable supply chain and to leverage synergies, Bayer joined two industry initiatives – the “Pharmaceutical Supply Chain Initiative” (PSCI) and “Together for Sustainability” (TfS), an initiative that was co-founded by Bayer.
Bayer drives collaboration with PSCI and TfS to establish new sustainability standards for the company’s supply base. Both initiatives are integral elements of Bayer's commitment to sustainability in the supply chain.
In the initiatives sustainability assessments and audit results of suppliers are exchanged through IT platforms. Sharing information with multiple customers reduces the number of double assessments and audits. It also significantly reduces time spent, resources used and overall costs. This enables both sourcing and supplying organizations to allocate resources more efficiently and to mutually improve sustainability standards in the global supply chains of the respective industries.
Both initiatives focus not only on conducting audits or assessments, but also on capability building for suppliers for example through training courses and events. This supports suppliers in operating consistently with industry expectations on sustainability.
Together for Sustainability (TfS) aims at developing and implementing a global supplier engagement program that assesses and improves sustainability sourcing practices, including ecological and social aspects. It is based on best practices and builds on established principles – such as the United Nations Global Compact, the Responsible Care Global Charter as well as further standards.
If you would like to find out more about TfS’ activities, please view their annual report.
The Pharmaceutical Supply Chain Initiative (PSCI) is a group of major pharmaceutical companies who share a vision of better social, economic and environmental outcomes for all those involved in the pharmaceutical supply chain. This includes improved conditions for workers, economic development and a cleaner environment for local communities.
If you would like to find out more about PSCI, please view their annual report,available online