The 2020 PSCI Annual Report summarises the progress and achievements the PSCI have made in advancing responsible supply chain practices within the pharmaceutical and healthcare industries over the past year.

Key developments in 2020 include:

• Growth in membership, with over 45 member companies now committed to the initiative and having adopted the PSCI Principles
• A new three-year strategy adopted to deliver our refreshed vision for excellence in safety, environmental, and social outcomes across the whole of the global pharmaceutical and healthcare supply chain
• Pioneering remote audit standards aligned with the PSCI Principles, now available to members on our community platform The Link, alongside valuable resources, news, and training materials
• Strengthened partnerships with our Indian and Chinese partners, recognizing the importance of those countries for the pharmaceutical supply chain
• Unprecedented levels of supplier engagement through two large-scale virtual supplier conferences in China and India, reaching 700+ supplier delegates
• Expansion of our Board to support the delivery of our ambitious strategy
• Measured improvement in PSCI member companies’ contribution to and use of PSCI resources to address supply chain issues.

This guidance document was created and published by the Pharmaceutical Environment Group (PEG) and the Pharmaceutical Supply Chain Initiative (PSCI) in collaboration. Both groups are convened and organised by Carnstone.

The guidance offers a consistent way for pharmaceutical companies to calculate emissions in their upstream and downstream value chains. It provides methodologies consistent with recommendations from the GHG Protocol for calculating emissions which are tailored for each different category.

In collaboration with Acre and Flag, we have released our seventh corporate responsibility and sustainability (CRS) salary survey. The survey provides a snapshot of the salaries, benefits, responsibilities, qualifications, competencies, and job satisfaction in the CRS profession.

Here are the key highlights:

• The percentage of female respondents broke the 60% mark for the first time;
• Women are now a majority in every one of our generic role types with the exception of Director/Partner in consultancies;
• As with all our previous surveys, average salaries continue to be higher for those working in-house than for consultants with the gap widening to £12,000 this year;
• 90% of respondents have either an undergraduate and/or postgraduate degree;
• 72% of respondents have a postgraduate degree (including MBAs) compared to 49% in 2007;
• 1,277 respondents this year with an increased response from Europe;
• For those based in UK we have seen a 2% decline in average salaries (2018: £56,000);
• Those working in North America enjoy the highest average salaries of £90,000; and
• The best paying sectors are Natural Resources, Health and Consumer Goods with average salaries of £97,000, £89,000 and £81,000 respectively.

The report is freely available to download. Please follow the link below.