Work at BSV

Corporate sustainability is an approach aimed at creating long-term stakeholder value through the implementation of a business strategy that encompasses ethical, social, environmental, cultural, and economic dimensions of doing business. The environmental, social, and governance (ESG) framework serves as the necessary framework for quantitatively assessing the sustainability and business practices of a company.

In recent years, ESG factors have gained increasing recognition in the corporate world, with stakeholders closely monitoring companies’ ESG performance It is my responsibility to raise awareness and collaborate with the Board of Directors and other stakeholders to ensure that the company prioritises and integrates ESG principles into its strategy, risk management, and decision-making processes. This ensures the sustainability of the company’s operations, trust-building with stakeholders, enhancement of company reputation and contribution to a better world.

To me, sustainability means generating increased value for the Company on a global scale while prioritising the health and safety of patients and preserving the environment. This involves creating value through a strong pipeline that allows the Company to effectively utilise resources, drive transformative growth, and be prepared for the future.

Sustainability, to me, entails ensuring the financial viability of our operations. We must strive for CEPG `{`capital-efficient profitable growth`}`, delivering high-quality performance, fostering a best-in-class control environment, and strengthening the skills of individuals and teams, while also recognising, rewarding, and developing talent.

However, financial sustainability is just one facet of the broader concept of sustainability. It is an essential component of our business, and we are dedicated to integrating sustainable practices into all aspects of our operations, taking into account the social and environmental impact they have. This holds particular significance in the pharmaceutical industry, where our products have the potential to greatly impact people’s lives. Additionally, we prioritise the safety and well-being of our customers by implementing rigorous quality control measures and adhering to international safety standards. It is our responsibility to ensure that our products are both safe and effective, accessible to all, while minimising our environmental footprint.

Sustainability serves as a powerful catalyst for innovation, bringing forth new challenges and inspiring possibilities for our Company. Within our innovation function, we actively promote collaboration and synergy with start-ups, researchers, and other organisations, working together to co-create sustainable drugs, devices, and diagnostics. By developing solutions that are not only effective and efficient but also sustainable, we have a meaningful impact on sustainability within our specific areas of focus. Our unwavering commitment to sustainability ignites our passion for innovation, establishing a new benchmark within our industry and yielding benefits for our patients, community, and the environment.

As a Biotech R&D professional, I strongly believe that our commitment to sustainability will serve as the growth driver for the entire Company. Sustainability should not be perceived merely as a cost or compliance measure; rather, it should be recognised as a value-creation opportunity for both the business and society as a whole. The recent and ongoing advancements in the field of biotechnology and biotherapeutics are turning the prediction of this being the century of biotechnology into a reality. Our Biotech R&D endeavours also hold the promise of developing more effective and efficient products aimed at improving the health of individuals in both developed and developing countries. These products are based on a comprehensive understanding of human physiology and are dedicated to bringing smiles to patients’ faces while enhancing their overall well-being. Moreover, these products can effectively address two interconnected and crucial objectives: improving health outcomes and promoting sustainable growth and development.

Sustainability for me is to reduce environmental impacts associated with conventional IT and implement green IT, by way of deploying efficient hardware and data centres, server virtualisation, and monitoring systems. BSV takes pride in deploying the highest-rated servers and systems for energy efficiency by the Bureau of Energy Efficiency (BEE). Our Company has adopted green IT best practices by implementing server virtualisation, having centralised and shared printing services, and minimising paper consumption by digitisation.