Suppliers
- Samsung Biologics is proactively addressing climate risks and advancing toward carbon neutrality as part of our commitment to sustainable management for future generations. Our suppliers are essential partners in this journey. Through close collaboration, we integrate ESG values across our entire value chain and work together to build a more responsible and resilient biomanufacturing ecosystem.
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- Grow together through mutual cooperation
- Suppliers to Samsung Biologics are key partners in our commitment to quality and safety. We collaborate with suppliers that not only provide the highest quality products and services, but who are also strategically aligned with our environmental, social, and governance standards.
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- We are working toward Net-Zero by 2050
- In accordance with our 2050 net zero goal, we aim to create transparency and fully integrate sustainability into all our value chains.
- Growing together with our partners
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We work closely with our suppliers to conform to sustainable and responsible procurement practices.
- Fair and transparent transaction standards
- ESG audit and capacity building based on sustainable supply chain management
- Dedicated organizational unit to strengthen our suppliers’ competitiveness
Together with our suppliers, we aim to create a healthy bio-industry ecosystem for a sustainable future. To ensure compliance management, we provide a code of conduct and guidelines to our partner companies. These cover a wide range of topics, including ethical and sustainable business practices, environmental responsibility, and social responsibility.
Sustainable Supply Chain
Samsung Biologics recognizes our responsibility to help drive the change to net zero; therefore, we are committed to reducing the environmental impact of our operations and our products.
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Evaluating supplier sustainability
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- Evaluation
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We will continue to monitor the status of the supply chain’s climate change response through an Annual Survey and provide consultation opportunities to fulfill requirements and improve response levels.
We also invite our suppliers to allow us to conduct assessments and evaluations to increase our supply chain transparency and actively encourage participation in identifying areas of improvement.
- Benefits
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Through our evaluation and assessment program, Samsung Biologics will offer more opportunities and benefits in new process development and supply chain selection to suppliers who actively engage in climate change response activities.
To fully integrate sustainability into our value chain, our suppliers’ participation is vital and will serve as an opportunity to further reinforce our connection with clients to build a healthier future for all.
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Marketing Practices
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Samsung Biologics respects its clients’ right to choose, and the company provides clear information on the characteristics, features and functions of all services so that its customers can make sound and informed decisions. It is aware of the importance of ethical marketing in fulfilling social responsibility, and it strives to comply with the ethical, medical and scientific standards and relevant laws and regulations in its activities and materials for promoting its services and products.
Samsung Biologics strives to clearly communicate the description/specification of its services and products. It refrains from overstatements or omissions of critical information regarding a product’s ingredient, material, content, specification or efficacy that may mislead consumers. It also complies with the standard of conduct along with experts of healthcare and the pharmaceutical industry, patients and suppliers.
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