6 Message from our CEO Dear Stakeholder, As a new generation CRO-CDMO, we aim to be agile and flexible, bringing together professionals from multiple disciplines to find solutions that support rapid innovation and production. Our partners gain efficiency combined with quality, compliance, and a positive environmental footprint. Through SaiNxt, our transformation initiative, we have the vision to create a sustainable presence for value creation in the sector. We are at the midpoint of our SaiNxt transformation journey that we began in 2019 with a horizon of 4 years. Our intent: to create a lasting shift that would make us flexible, agile, and collaboration-ready. Despite experiencing one of the most challenging growth phases due to the pandemic, we remain determined and committed to fulfilling partnership goals. As a responsible corporate citizen, we stepped up our participation in addressing COVID-19 related challenges. We rapidly scaled support for both our people and the community. While healthcare support was organized and monitored to ensure safe operations, we never lost sight of the need for supply chain continuity taking proactive measures to meet customer commitments. Augmenting capabilities, building partnerships Innovator pharmaceutical and biotechnology companies are strategic in their partnerships with CRO-CDMOs and aim for speed, flexibility, and a wide range of capabilities. An accelerated pace of delivery is vital for them as they strive to create access to medicines and meet unmet patient needs. We seek to make a mark in the product pipelines of our innovator customers as we work with 17 out of 25 top pharma companies. Participating as a supply chain partner in the potential launch of 21 new medicines is in line with our vision of launching 25 new medicines by 2025. Our differentiators in customer engagement include a global R&D edge with advanced capabilities in science and technology, agile manufacturing operations with integrated sustainability priorities, and a competent team that is committed to customer-centricity. The SaiNxt initiative has strengthened our position as a partner of choice with notable progress across the organization in seven areas: • Growth in scientific depth and scale • Expansion in technology platforms and capabilities • Fully integrated discovery and development campus, built for speed • Global delivery model for biology and process chemistry • Augmented manufacturing facilities • Global customer outreach • Thrust on Sustainability Momentum on sustainability The sustainability agenda is an all-encompassing theme across our priorities. We believe that our business growth gains momentum as we strengthen our sustainability focus. Building on this momentum is our endeavor. Taking a leap of faith across process, technology, infrastructure, and people, we have achieved a critical shift in our cultural fabric, reflecting collaboration and accelerated delivery. With a continuous improvement mindset, our focus is on preventing waste, leveraging value-adding processes where our people are involved in ideating and executing projects under the SaiGO operational excellence initiative. Presenting below a few milestones in the reporting year across our sustainability principles of stakeholder partnership and prioritizing the planet: Prioritizing the planet • Renewable energy consumption exceeded our SDG goal and is currently at 13% of our total energy consumption • Implemented 10 energy conservation projects with a payback of 3 months • Achieved zero waste to landfill • Zero Liquid Discharge facility in our largest manufacturing facility • Applying Greenness index to 65% of our portfolio with potential positive benefits during manufacturing • Practice of sustainable chemistry – fit for purpose selection from a toolkit of scientific approaches - for e.g.: Catalysis, Bio-catalysis, and Flow chemistry that has the potential for better resource utilization. People-centricity • Empowering teams to undertake shop floor transformation by owning customer-centric KPIs, workplace safety, and resource management • Zero lost time injuries with frontline supervisors’ participation in HSE tours and comprehensive process safety management Emphasizing sustainability as part of the organization-wide transformation provides opportunities to be a forerunner in the customer ecosystem. “ ”
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